Consumer Finance Companies
Broadway Financial ServiceFind BBB Accredited Businesses in Consumer Finance Companies.
About
Important information
- Believed to be out of business:According to information in BBB files, it appears that this business is no longer in business.
- Additional Info:In the province of Ontario, it is illegal for a company to request an advance fee for a loan. All costs, including insurance, legal and administrative fees, are to be build into the loan repayment agreement.
The Government of Ontario requires every company operating in Ontario to be registered - this company is not registered with the Government of Ontario.
Loan companies conducting business operations in the Province of Ontario are licensed by the Financial Securities Commission of Ontario (FSCO). Broadway Financial Services is not a licensed lender.
The company's address is located in a commercial building in Kingston. However, the property manager at this address has confirmed to the BBB that there was NEVER any tenant in the building by this company's name.
The phone number for this company was provided by a consumer. It is a Toronto cell number. When dialed, the message says "437-999-8622 is not available."
The website domain name for Broadway Financial Service is registered to a privacy protection organization located the country of Panama.
Consumers who do apply online for a loan should make sure the application form is encrypted. If the form is not secure, consumers could be subject to identity theft, and have their bank accounts compromised. It does not appear that the application form on this website is encrypted or secure.
If a local financial institution is reluctant to provide a loan, consumers should wonder why a company in another locale would be willing to do so?
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