Information and Alerts
Alert Details
This business has 1 alert.
Alert
- BBB received Scam Tracker reports about Rolwatertin Financial Group Inc (also doing business as Riverbine Financial Group) a financial loan company based in Surrey, BC. Consumers alleged that they applied for a loan and during the process, the loan provider asked them to pay a deposit to release the loan. Following a BBB investigation into the company, it was found that the address provided on the company’s website (15300 Croyden Dr, Surrey BC) is also listed as the business address for another loan company called Walsick Financial Group Inc.
BBB reached out to the business with letters on January 7, 2021 and January 18, 2021 to confirm details about their business location, policies and any possible affiliations with the Walsick Financial Group Inc. that share the same address. BBB also contacted the City of Surrey on November 3, 2020 to verify if there is a business licence connected to the company’s listed address. However, the City does not have any records for this address.
As of March 11, 2021, BBB has not received a response from Rolwatertin Financial Group Inc. The website for the company, https://rolwatertin.com/ is still active.
BBB Tips
BBB recommends the following to consumers: - If you borrow money, the lender must give you a written loan agreement that shows all charges and terms of the loan.
- Before signing a loan agreement, make sure you know the total loan amount (including fees and charges), the interest rate (the lower, the better), any extra fees and the terms of loan.
- If you’re thinking about getting a payday loan, look up the lender on the Consumer Protection BC website to ensure they are licensed and to see if they have been investigated or penalized for any illegal practices.
Please check the government’s website for more detailed information.
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