This Business Is Not BBB Accredited

Freedom Bay Financial

Freedom Bay Financial

(800) 431-1831

Freedom Bay Financial

217-40 Northern Blvd
Bayside, NY 11361
BBB File Opened: 09/25/2013
Business Started: 08/29/2013
Business Management
  • Ms. Sheena Baxter, Owner
Contact Information
  • Principal: Ms. Sheena Baxter, Owner
Business Category
  • Advance Fee Loan Brokers
  • Loans
  • Credit Card - Merchant Services

Additional Information
  • Several consumers recently began complaining to the BBB that this company, Freedom Bay Financial, is offering loans to consumers, and requesting an upfront fee, designated as either insurance or a "good faith payment," in order to guarantee the loan....
  • Several consumers recently began complaining to the BBB that this company, Freedom Bay Financial, is offering loans to consumers, and requesting an upfront fee, designated as either insurance or a "good faith payment," in order to guarantee the loan. Consumers are reporting to the BBB that they are not receiving the loans they applied for, despite making the "insurance" payments to Freedom Bay Financial. These advance payments run from $400-$800. Consumers tell the BBB that they are unable to reach the company to inquire about the status of their loan application or request a refund of the advance fees paid.

    The BBB tried to contact Freedom Bay Financial when mail was returned as invalid by the U.S. Post Office from the Northern Blvd. address (posted on the company's website). The BBB also made several attempts via telephone and e-mail to contact representatives of this business. The BBB is seeking clarification of the company's business practices, modification of their advertising, as well as an update on their operating area and mailing address. This company has not responded to any of the BBB's requests for additional information.

    Consumers can view advisory tips from the FTC about paying an upfront fee for a loan here:
    http://www.consumer.ftc.gov/articles/0078-advance-fee-loans

NR

Mail Returned

Mail sent to the business on 10/03/2013 was returned by the U.S. Postal Service as No Such Number.

Misuse of BBB Name and/or Logo

This firm has misrepresented itself as a BBB Accredited Business on its website at http://www.freedombayfinancial.com. On September 30, 2013 the BBB requested that t... Read More

Out of Business

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

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.

Freedom Bay Financial

THIS BUSINESS IS NOT BBB ACCREDITED

Freedom Bay Financial

Customer Review Rating:

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