BBB Reliability Report for
American Freedom Financial
BBB Rating is F
Rating Explanation
Company Rating F
Our opinion of what this rating means:
We strongly question the company's reliability for reasons such as that they have failed to respond to complaints, their advertising is grossly misleading, they are not in compliance with the law's licensing or registration requirements, their complaints contain especially serious allegations, or the company's industry is known for its fraudulent business practices.
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Company Profile
American Freedom Financial
Address:
2401 East Katella Avenue, Suite 200
Anaheim, CA 92806
Tel: (714) 941-5600
Fax: (877) 513-7872
See more photos on TrustLink
Web Site: http://www.americanfreedomfinancial.com
Contact: Aaron Mcathy - President
Business Start Date: 12/10
Company ID: 100076188
Nature of Business:
This company's business is providing financial education and referal services.
BBB Comments & Analysis
Bureau's Comments and Analysis of Company's Business:
Our experience with debt negotiating companies is that they attract customers with large credit card debt by claiming to be able to settle those debts for a fraction of their face value. They often claim that their services are more effective than those provided by credit counseling services and that they are a superior alternative to bankruptcy.
These companies usually instruct their clients to stop paying their creditors. Some companie... More
Licensing
Agency:
License Number:
Status:
California law requires bill paying services, and pro-raters accepting money from clients to be disbursed to creditors on behalf of the debtor, to be licensed by the California Commissioner of Corporations and file a $25,000 bond. To verify licensing, contact the California Dept. Of Corporations by writing to 1515 K Street, Suite 200 Sacramento, CA 95814-4052, by calling (916) 445-7205, (866) 275-2677 or 866 ASK CORP. Prorater licenses can be verified on-line, by accessing the DOC website at www.corp.ca. Gov.
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Government Actions
We know of no government action taken against this company.
Accreditation
This company is not accredited by the Better Business Bureau. This fact does not disparage the company in any way.
Other Considerations
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
Advertising Review
This company is not a member of the Better Business Bureau. The company is misusing the Bureau's name and/or logo improperly and without permission. The company has been notified as of April 3, to remove all references to the Better Business Bureau's name, logo, and/or initials.in addition, when reviewing the companie... More
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Complaint Experience
Bureau Summary and Analysis of customer complaints an
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