This Business Is Not BBB Accredited

Wise Capital Lending

Wise Capital Lending

(888) 745-3155

Wise Capital Lending

1516 Penn Ave.
Pittsburgh, PA 15221
BBB File Opened: 01/17/2012
Business Category
  • Advance Fee Loan Brokers
Additional Information
  • The BBB has received information from callers and complaints that the company is offering loans for an advance fee. Consumers allege that they have responded to solicitations for loans. After paying several hundred dollars, consumers allege that they...
  • The BBB has received information from callers and complaints that the company is offering loans for an advance fee. Consumers allege that they have responded to solicitations for loans. After paying several hundred dollars, consumers allege that they never received the loan promised by the company.

    On January 17, 2012 BBB has verified that the company is not currently licensed by the Pennsylvania Department of Banking and that the company's address is ficticious. These scams target individuals who are having trouble obtaining cash or credit. Customers are lured by advertisements promising "guaranteed" loans - regardless of credit history - for advance fees running between $50 and several hundred dollars. However, you must pay an advance fee before obtaining the "loan".

    These so-called loan brokers don't lend money directly; they may claim to act as money finders and ask for an advance fee in order to prepare a loan application and present it to prospective lenders. But these firms cannot guarantee loans, despite their promises of unlimited funding sources. In many cases, brokers fraudulently pocket advance fees, make no effort to find the funds promised, and the customer loses money.

Number of Employees: 
1

F

Alert

This company is an advance fee loan scheme. It is not registered with the Pennsylvania Deptartment of State and the Banking Department to do business in Pennsylvania. The Pittsburgh address the company lists on their website is not listed with the county assessment office and the BBB believes it is a fictitious address.

BBB Reason for Ratings

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

Factors that affect the rating for Wise Capital Lending 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 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.

Wise Capital Lending

This Business Is Not BBB Accredited

Wise Capital Lending

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