BBB Accredited Business since
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A BBB Accredited Business since
BBB has determined that National Consumer Mart, Inc. meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.
Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that raised the rating for National Consumer Mart, Inc. include:
- Length of time business has been operating
- Complaint volume filed with BBB for business of this size
- Response to 11 complaint(s) filed against business
- Resolution of complaint(s) filed against business
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||7|
|Total Closed Complaints||11|
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||10|
Licensing, Bonding or RegistrationMany local municipalities, townships and counties have registration, bonding and/or licensing requirements. The BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met. Permit and license requirements for regulated industries in the State of Colorado can be viewed at the following website: http://www.colorado.gov/pacific/dora/licenses-and-permits-0 To view the registration of a business with the Colorado Secretary of State click below: http://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do
Type of Entity
Business ManagementMr. Jack Leger, President
Products & Services
National Consumer Mart (NCM) has operated a membership-based wholesale buying club continuously since 1992. NCM's business model is very similar to a farmer's cooperative, electrical cooperative or credit union. According to the company, NCM's common goal is to buy direct from leading manufacturers at wholesale prices and avoiding retailer's markups.
In October 2004, the BBB conducted a detailed on-site inspection of NCM operations and was able to verify these claims:
** NCM owns its own 8,900 square foot facility including showrooms, warehousing, administrative offices and parking.
** NCM supports over 800 purchasing catalogues containing over a million products ranging from autos, major appliances, electronics, furniture, etc.
** NCM requires a membership, either cash up-front or credit in appropriate circumstances, for the privilege of obtaining access to NCM's connections to buy directly from manufacturers. When members purchase they are able to achieve NCM's claimed savings after paying for freight and NCM handling fees.
** NCM has a written savings guarantee providing that after $6,000 in merchandise is purchased a member will have recovered their membership fee from buying club savings. If not, NCM will refund the difference.
** NCM uses prices posted on the internet by local, regional or national retailers in computing member savings. They do not use inflated manufacturer suggested list prices or other pricing not commonly found in transacting retail purchases.
** NCM fully discloses all terms of membership to prospective members with a complete 12 point check list. Also, NCM finances and carries retail installment contracts for its members and customers with poor credit scores are extended credit.
** The State of Colorado law on canceling a buying club membership is 24 hours, not 3 days as in door-to-door sales.
NCM has 22,500 active members for purposes of evaluating the number of complaints closed and resolved in the last 36 months as reported below.
Customer Review Rating plus BBB Rating Summary
BBB Customer Review Rating plus BBB Rating Overview