This Business Is Not BBB Accredited

Universal Financial

Universal Financial

(513) 831-3165

Universal Financial

PO Box 76152
Highland Heights, KY 41076-0152
BBB File Opened: 10/21/1992
Business Category
  • Loans
  • Credit - Debt Consolidation Services

Additional Information
  • BBB has requested basic information for this company but has not received a response. As a result, BBB may not have current information about the company. Information in BBB files indicates that consumers are referred to Universal Financial through ...
  • BBB has requested basic information for this company but has not received a response. As a result, BBB may not have current information about the company.

    Information in BBB files indicates that consumers are referred to Universal Financial through a company called Consumer Finance or are referred to a web site called ALoanYes.com, a division of Consumer Finance. The web site states that, for a $29.95 application fee, consumers are provided with "access to the industry's most creative and flexible lenders through our Loan Approval Center, including High Risk Lenders who specialize in bad credit loans." Consumers are sent literature, from Consumer Finance, which includes the statement: "Universal Financial - Loans from $500.00 to $5,000.00. Additional Services are available". A separate BBB Business review on Consumer Finance is available on our website at www.bbb.org.

Alternate Business Names
  • North America's Premier Debt Management Firm
  • Universal Finance

NR

Mail Returned

Mail sent to the business on 12/28/2015 was returned by the U.S. Postal Service as Undeliverable as Addressed.

Out of Business

According to information in BBB files, it appears that this business is no longer in business.

Overview

BBB file information indicates that consumers contact Universal Financial seeking a loan, but consumers are actually paying $55.00 for a membership. According to the company’s contract, the company states:

There is no charge for processing association members' loan requests. Universal does not guarantee client will acquire a loan, nor do they pre-approve or pre-qualify same.

The company’s guarantee states:

If we are unable to grant you a loan and fail to have you approved for enrollment in a debt consolidation program, if you choose, Universal will terminate your membership and will refund your membership fee, less a nominal administrative expense.


BBB Reason for Ratings

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

Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:
This business has no rating because BBB has information indicating it is out of business.

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.

Universal Financial

THIS BUSINESS IS NOT BBB ACCREDITED

Universal Financial

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