This Business Is Not BBB Accredited

Online Approval Group

Online Approval Group

(866) 280-5853

Online Approval Group

1 New Hampshire Avenue
Portsmouth, NH 03801
Additional Phone Numbers
  • (866) 291-4196
  • (866) 781-2872
Additional Website Addresses
BBB File Opened: 10/04/2005
Contact Information
  • Principal: Peter Roberts
Business Category
  • Advance Fee Loan Brokers
Additional Information
  • According to complaints received by the BBB, the company provides the names and addresses of "personal investors" who are providing the money for the loans. Consumers provided the following names and addresses: Brian Water's, 3089 Lake Shore Blvd Wes...
  • According to complaints received by the BBB, the company provides the names and addresses of "personal investors" who are providing the money for the loans. Consumers provided the following names and addresses: Brian Water's, 3089 Lake Shore Blvd West, Alberta, Cananda T1R3Y2; Derrick Campbell in Winnipeg, Manitoba, Canada; and Donald Wells, 3089 Lake Shore Blvd W. Calgory, Canada.
  • Based on complaints received by the BBB, this company has a pattern of complaints alleging that after consumers are provided with a signed contract, they are to send approximately four month's worth of loan payments to the company, or investor, as collateral. The company tells them that after this is received, the loan, ranging from $5,000 to $15,000 will be deposited into their bank account. Consumers state that after sending the money, and calling the company with the Western Union number, no money is ever deposited into their account, and the company stops answering the consumer's calls. On October 14, 2005, mail sent to this company was returned as "not at this address". The BBB is attempting to locate a mailing address for this company and this report will be updated as additional information becomes available.

Products & Services
According to callers to the BBB, this company advertises online that they provide personal loans. After consumers are approved for their loan, they are instructed to send four month's worth of payments as collateral to the company. The minimum loan is $5,000 and loans go as high as $15,000. The BBB encourages consumers to never do business with a loan company that states you have to pay before receiving your loan. This type of scam is called an advance fee loan scam and is illegal. Many of these scams are based in Canada, and though this company advertises a mailing address in New Hampshire, they do not appear to be located in New Hampshire, or in the United States. The BBB is working to find the company's exact location.
Alternate Business Names
  • Kressler Venture Group
  • America Online Approval

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Pattern of Complaints

Based on complaints received by the BBB, this company has a pattern of complaints alleging that after consumers are provided with a signed contract, they are to send approximately four month's worth of loan payments to the company, or investor, as collateral. The company tells them that after this is received, the loan, ranging from $5,000 to $15,000 will be deposited into their bank account. Consumers state that after sending the money, and call... Read More

BBB Reason for Ratings

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

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 one year 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.

Online Approval Group

This Business Is Not BBB Accredited

Online Approval Group

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