This Business Is Not BBB Accredited

First Step Lending

First Step Lending

First Step Lending

51 W Jackson Blvd
Chicago, IL 60604-3700
BBB File Opened: 07/02/2007
Business Category
  • Advance Fee Loan Brokers
  • NAICS: Consumer Lending

Products & Services
This company operates as an advance fee lender, advertising small business loans and requesting upfront fees for insurance or collateral. The BBB would like to warn consumers that advance fee loans are illegal- any lender that requires payments prior to disbursing loans and then requests that the fees are wired to locations in Canada should raise a red flag.

If the lender asks for upfront fees for alleged premiums, insurance, or collateral, the BBB recommends that the consumer cease and desist contact with this entity immediately and notify their local Better Business Bureau to report the company.


BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Factors that affect the rating for First Step Lending include:

  • BBB concerns with the industry in which this business operates

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

First Step Lending


First Step Lending

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