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Nexus Financial

Nexus Financial

(813) 283-0669

Nexus Financial

2250 NW 114th Ave Unit 1P
Miami, FL 33172-3652
BBB File Opened: 12/08/2011
Business Management
  • Customer Service Manager
Business Category
  • Grant Writing
Additional Information
  • Arlington, VA - March 3, 2009 - BBB is warning the public to be extremely wary of companies that offer "free" advice on how to get government grants. Dozens of Web sites claim that, because of the recently passed stimulus package and other actions ta...
  • Arlington, VA - March 3, 2009 - BBB is warning the public to be extremely wary of companies that offer "free" advice on how to get government grants. Dozens of Web sites claim that, because of the recently passed stimulus package and other actions taken by President Obama, consumers can easily get government grants to pay bills or get out of debt. Contrary to such claims, the federal government does not award grants to help consumers pay general debt and complaints to BBB show that people who sought free advice were ultimately charged as much as $69.95 every month on their credit or debit card. Immediately following the approval of the $787 billion stimulus package, Web searches for the word "stimulus" returned sponsored link sites like officialstimuluschecks.com and ObamaStimulusGrant.net, in addition to many news stories and Web pages discussing the bill. Ads for grant schemes used enticing testimonials such as, "I got my stimulus check in the mail in less than 30 days..." "The stimulus package and other efforts on Capitol Hill to jumpstart the economy are dominating the headlines and unscrupulous businesses know that they can exploit the news to take advantage of financially desperate families," said Steve Cox, BBB spokesperson. "These businesses are simply charging people for free information and chipping away at the bank accounts of families nationwide when they can least afford it." Ads have also popped up on one of the most popular Web sites on the Internet. In February, ads on Facebook directed the public to Web sites such as www.davidgetsgreen.com* and www.jakecutler.com which were set up to look like blogs written by people who are sharing the secret of how they received $12,000 in grants from the government to pay off their debt. These "blogs" lead to Web sites such as www.federalgovernmentgrantsolutions.com which prominently features a picture of President Obama and claims that "President Obama want (sic) to issue a STIMULUS PLAN for people in need of government aid and free federal money." The Web site is for a company called Government Grant Solutions and is selling a Grant Program Kit which provides advice on how to apply for grants as well as access to a directory of Federal and private grants. The Web site includes "testimonials" from people who claim that they were able to obtain money which went toward staving off foreclosure, buying Christmas presents, fixing their car or paying bills. BBB has received hundreds of complaints from consumers who went to Web sites such as www.federalgovernmentgrantsolutions.com that sold information on how to get grant money from the government. Two Las Vegas based companies, Grant Instructor and Raven Media, have set up dozens of Web sites and received 409 and 295 complaints respectively from consumers across the U.S. and both have earned an F grade from BBB. Another company based in Utah, Grant University, has received more than 300 complaints from across the country in the past year and has an F rating from BBB. According to the BBB Serving Utah and the BBB Serving Las Vegas, complainants state that they ordered a "free" CD and were promptly charged as much as $69.95 on their credit or debit card. Some complainants also stated that their credit card was charged by other companies as well. When complainants contacted the businesses about why they were being charged for a "free" item, they were told that they had actually signed up for a "free trial"-as explained in the terms and conditions on the Web site-and they needed to cancel within seven days of requesting the CD or they would be charged monthly. Complainants also stated that they never received the "free" CD, received the CD after the free-trial had expired or were unable to log into the Web site to access grant information as promised. These companies fail to provide refunds and some complainants tried to contact the company to cancel the service but ultimately had to cancel their credit card to stop being billed as much as $69.95 every month. Before paying any money for assistance in earning government grants, BBB offers the following advice: * While it's true that the Federal government does give out billions of dollars in grant money every year, most grants are given to help students pay for college or for specifically defined reasons such as for research or to businesses in particular industries. * There's no reason to pay for software or guides when applying for government grants. Such information is already available for free on federal government Web sites including: www.grants.gov, www.Studentaid.ed.gov, www.govbenefits.gov and www.sba.gov. * Always check out a business' BBB Reliability ReportTM before giving out any bank account or credit card information. Reliability reports are available for free at www.bbb.org. *Since this press release was first issued, some websites have been taken down or edited. Contact BBB for more details on the original content.

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:
The BBB maintains a report on a firm based on inquiry or complaint activity. The BBB has not received a sufficient volume of requests for information, nor has the BBB received complaints on this firm to warrant the maintenance of a report. The information provided, however limited, is presented to assist you in your purchasing decisions or for any other purpose you deem relevant.

The BBB suggests you read and understand company promotional materials and contracts and check company references and licensing, where applicable.

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.

Nexus Financial

This Business Is Not BBB Accredited

Nexus Financial

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