This Business Is Not BBB Accredited

Dream Financial

Dream Financial

(855) 801-6663

Dream Financial

4 years in business
2550 Legion Ave.
New Haven, CT 06519
BBB File Opened: 06/14/2013
Business Started: 05/07/2013
Business Management
  • Mr. Stephen Vernon, Director of Finance
  • Mr. Vimson Singh, Manager of Finance
Business Category
  • Advance Fee Brokers
Additional Information
  • According to information obtained by BBB from various sources, this company purportedly offers personal loans that require consumers to pay substantial up-front fees via wire transfers. Reportedly, after the consumers pay the fees the promised loans ...
  • According to information obtained by BBB from various sources, this company purportedly offers personal loans that require consumers to pay substantial up-front fees via wire transfers. Reportedly, after the consumers pay the fees the promised loans are not received.

    BBB reverse-searched the company's supposed local address of 2550 Legion Avenue, New Haven, CT on www.whitepages.com and found there was no such address.  A further check with the New Haven, Connecticut Tax Assessor's office verified that 2550 Legion Avenue, New Haven is not a valid address.

    According to the company's web site domain registration, Dream Financial is located at 51 Osler St., Toronto, Ontario M6P 4 Canada. Although the domain registration lists the company name as Dream Financial Inc., the Connecticut Secretary of State's office has no listing for the company.

    BBB has also confirmed with the Connecticut Banking Department that Dream Financial is not licensed as a loan broker, as required by Connecticut law.

    Further, BBB attempted to learn the point of origin of the firm's telephone number, (855) 801-6663, but found that the toll-free area code is not traceable to a specific locale.

    If you have been a victim of this advance fee loan broker's practices, below are agencies you may contact for assistance or to file a complaint:Connecticut Department of Banking at 260 Constitution Plaza Hartford, CT 06103-1800; or by phone at 860-240-8299, and Federal Trade Commission (FTC) at www.ftc.gov, or by phone at 877-382-4357.

F

Alert

Dream Financial, which advertises online with a New Haven, Connecticut address, is not located in Connecticut.

See the "Additional Information" section of this Business Review for further information about this Toronto, Canada-based loan broker.

BBB Reason for Ratings

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

Factors that affect the rating for Dream Financial 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 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.

Dream Financial

This Business Is Not BBB Accredited

Dream Financial

Customer Review Rating:

100%
This business has no complaints filed

Composite Score: