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 Huntex Brokerage Firm include:
- BBB concerns with the industry in which this business operates
- BBB does not have sufficient information to determine how long this business has been operating
- 1 serious complaint filed against business
- BBB does not have sufficient background information on this business
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||0|
|Total Closed Complaints||1|
This business is in an industry that may require professional licensing, bonding
or registration. BBB encourages you to check with the appropriate agency to be certain
any requirements are currently being met.
These agencies may include:
Pennsylvania Department of Banking and Securities
17 N Second Street, Suite 1300, Harrisburg PA 17101
Phone Number: 800-722-2657
Fax Number: 717-787-8773
ADVANCE FEE BROKERS
On May 25, 2012, the BBB has verified that the company is not currently licensed by the Pennsylvania Department of Banking and that research for address: 3118 Brakenridge Street, Pittsburgh, PA 15219 through the United States Postal Service as well as the County Assessments office shows there is no such address.
In reviewing Huntex Brokerage Firm's website,http://huntexbrokeragefirm.com it was found that web site was registered May 22, 2012. In addition, another company name (Durham City Financial Services) was found on loan web page. Durham City Financial Services' web site is: http://durhamcityservices.com. This company's web site was registered on December 28, 2011.
The BBB of New York has documented consumers complaints filed against Durham City Financial Services which pertain to Advanced Fee Loan Scams.
These scams target individuals who are having trouble obtaining cash or credit. Customers are lured by advertisements promising "guaranteed" loans - regardless of credit history - for advance fees running between $50 and several hundred dollars. However, you must pay an advance fee before obtaining the "loan".
These so-called loan brokers don't lend money directly; they may claim to act as money finders and ask for an advance fee in order to prepare a loan application and present it to prospective lenders. But these firms cannot guarantee loans, despite their promises of unlimited funding sources. In many cases, brokers fraudulently pocket advance fees, make no effort to find the funds promised, and the customer loses money.