BBB Accredited Business Profile

Billing Solutions, Inc.

Billing Solutions, Inc.

(888) 801-0091

Billing Solutions, Inc.

40 years in business

PO Box 1136
Glenview, IL 60025-8136

BBB File Opened: 4/04/2006
Business Started: 11/01/1976
Business Started Locally: 11/01/1976
Type of Entity
Corporation
Business Management
  • Mr. Sean Dunlea, Owner/Managing Partner
  • Mr. Tim Portley, Owner/Managing Partner
Contact Information
  • Principal: Mr. Sean Dunlea, Owner/Managing Partner
  • Mr. Tim Portley, Owner/Managing Partner
Business Category
  • Bill Paying Service
  • NAICS: Financial Transactions Processing, Reserve, and Clearinghouse Activities
  • Billing Service
  • Credit Cards - Protection Service
  • Internet Services
  • Business Services - General

Products & Services
THIRD PARTY VERIFICATIONS
Alternate Business Names
  • BankVOD

A+

Overview

Verification of Occupancy: Allows Mortgage Brokers and Auditors to uncover Occupancy or Identity misrepresentation from Loan Application through Post Funding Reviews.
Report Includes: Borrower Summary, Fraud Score, Address History, Property Ownership History, Utility History and Additional Properties Owned.

4506-T Verification Express Service: Program is used by mortgage lenders and others within the financial community to confirm the income of a borrower during the processing of a loan application.
Report Includes: The IRS provides return transcript, W-2 transcript and 1099 transcript information generally within 2 business days to a third party with the consent of the taxpayer. The transcript information is delivered to a secure SSAE Compliant Web Site based on information from a Form 4506-T or Form 4506T-EZ. This service replaced the previous process that required manual pick-up and delivery of transcripts from the IRS Return and Income Verification Services.

Verification of Deposit: For Mortgage Brokers/Processors to obtain account balances as part of the loan qualification process.
Report Includes: Current balance, 2 month average balance and date opened for checking and current balance and date opened for savings accounts.

Quality Control Audit / Re-Verification: For Mortgage Auditors and Quality Control Firms to validate accuracy of information and detect fraud.
Report Includes: Accuracy of Verification of Deposit Form or Bank Statements as of the date it was originally processed.

Business/Commercial Account Inquiry: For Commercial Account Inquiries as a means to validate banking information in support of an audit, current transaction or extension of credit.
Report Includes: Date opened, account type and average balances. If no account numbers are provided, tax ID # must be provided in order to identify customer & produce a response.

Consumer Account Rating: Businesses requiring a consumer account rating, including those offering charge accounts or non-subsidized housing, should use our Consumer Account Rating Request service.
Report Includes: Date opened, account type and average balances.

Commercial Verification of Mortgage (VOM): For Business Inquiries as a means to validate banking information in support of a current transaction or extension of credit.
Report Includes: Opening date; credit limit; balance; terms; date last paid; date next due; number of late payments.

Verification of Mortgage
Report Includes: Origination/maturity date of loan; existing balance; monthly payment history; including number late payments.

Loan Payoff
Employment ONLY
Employment & Wage

Commercial Account Audit: For Business/Commercial Account Inquiries as a means to validate banking information in support of an audit, current transaction, consumer account rating or extension of credit.


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.

Billing Solutions, Inc.

Billing Solutions, Inc.

BBB ACCREDITED SINCE 11/01/2006

Customer Review Rating:

Positive
0%
Neutral
0%
Negative
100%

Composite Score:

0 3