This Business Is Not BBB Accredited

Communal Credit Union

Communal Credit Union

Communal Credit Union

330 Town Center Drive Suite 900
Dearborn , MI 48126
BBB File Opened: 02/26/2009
Business Category
  • Credit Unions
Additional Information
  • The BBB urges consumers to exercise extreme caution before considering any advance fee loan offer. The BBB strongly urges customers to check with their local financial institutions - banks, credit unions or savings & loans - prior to considering ...
  • The BBB urges consumers to exercise extreme caution before considering any advance fee loan offer. The BBB strongly urges customers to check with their local financial institutions - banks, credit unions or savings & loans - prior to considering these types of offer. The BBB also suggest that consumers question why a company would extend a loan to someone with a poor/nonexistent credit history, when other financial institutions would not do so.

    The BBB suggests that consumers contact their local financial institution to find out if they charge an upfront fee for a loan. The BBB suggests consumers request any fees be deducted from the loan amount, rather than paying these fees in advance. Consumers are advised that it is virtually impossible to recover money sent to an individual by wire transfer (i.e., Western Union or MoneyGram).

Number of Employees: 
1

NR

Mail Returned

Mail sent to the business on 03/11/2009 was returned by the U.S. Postal Service as Attempted - Not Known.

Overview

Consumers report that this firm offers loans for an advance fee. These loans are targeted towards individuals with insufficient or poor credit histories. Consumers are asked to send the fee, to an individual, by Western Union to various locations throughout Canada.
 
The BBB conducted a shopping, and found that the firm was not located at the address given on its website.  The BBB conducted a domain search of the firm's website addreess, and found that it was registered to a private domain registration firm located in Markham, Ontario, Canada.

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:
BBB does not have sufficient information to issue a rating on this 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 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.

Communal Credit Union

This Business Is Not BBB Accredited

Communal Credit Union

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