Credit Union
Communal Credit UnionAbout
Important information
- Additional Info: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).
About This Business
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.
Business Details
- Local BBB:
- BBB of Detroit & Eastern Michigan
- BBB File Opened:
- 2/26/2009
Licensing information
- The Michigan Office of Financial and Insurance Services regulates state-chartered credit unions. The BBB found that this firm is not registered as a state-chartered credit union with this agency.
Additional Information
- Business Categories
- Credit Union
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