BBB Business Review
This Business is not BBB accredited
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This business is not BBB accredited.
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that lowered the rating for Morgan Financial Group, Inc. include:
- BBB concerns with the industry in which this business operates
- BBB does not have sufficient background information on this business
Customer Complaints Summary
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||0|
|Total Closed Complaints||0|
Additional Complaint Information
Complaints against this firm have been closed non-pursuable because mail forwarded to this address is returned by the post office. According to information received by the BBB, this firm promises large guaranteed loans in exchange for a fee. Consumers are instructed to send money to an individual via Western Union; consumers note that subsequent to forwarding the required monies they do not receive the promised loan. ***Consumers should note that advance fee loans are illegal in the United States and Canada. Consumers are advised not to give personal information to random firms offering loans, grants, credit cards or unsolicited services over the phone. Consumers should be aware that in New York State a loan broker may charge a fee of no more than 1/2 of 1% of the value of the loan. ***
ADVANCE FEE BROKERS