BBB doesn't know its butt from wild honey let alone what companies they report on Check out Fairbanks reports...
Been seeing a lot of flap about the Better Business Bureau, the good old BBB. Since I have never consulted the BBB in the past, decided to do a liitle looking around to see what all the hoopla was about in black and white.
Check out the dirt on Fairbanks in report #1:
BBB Reliability ReportFairbanks Capital Corp3815 South West TempleSalt Lake City, UT 84115General InformationOriginal Business Start Date:
January 1989
Type of Entity: Corporation
Principal: Mr. Thomas D Basmajian CEO
Customer Contact: Mrs. Valarie Kacherian
Phone Number: (904) 722-7691
Type-of-Business Classification:
Financial-Mortgage And Escrow Companies
The information in this report has either been provided by the company, or has been compiled by the Bureau from other sources. Customer ExperienceBased on BBB files, this company has unsatisfactory record with the Bureau due to unanswered and unresolved complaints concerning problems with consumers' payments posting to an account correctly and other accounting delays or errors. Other complaints have been resolved. Licensing InformationThis company or its agent is licensed, registered or certified by REAL ESTATE COMMISSION.
The license number is me00068103. MO00068104 Additional InformationAdditional Doing-Business-As Names: Fairbanks Capital Corporation
Additional Addresses:
338 South Warminster RdP O
Box 1900, Hatboro, PA 19040
10401 Deerwood Park Blvd, Jacksonville, FL 32256
P O Box 551170, Jacksonville, FL 32255
P O Box 65250, Salt Lake City, UT 84165
PO Box 65248, Salt Lake City, UT 84165
Additional Phone Numbers:
801-293-1883
801-293-1297 Fax
800-258-8602
904-702-7691
801-293-8830
Additional TOB Classifications: Financial-Consumer Finance And Loan Companies
Investment Companies And Services, Other
Company ManagementAdditional company management personnel include: Ms Kim Stevenson, Director/VP/Treasurer Mr Jeffrey A Parker, Director (MN) Mr Mark Finston, President Mr Terrell W Smith, Esq, Executive VIce President Mrs. Valarie Kacherian Mrs. Carrie Shepard Government ActionsOn May 16, the California Department of Corporations, Office of Law and Legislation issued an Order to Discontinue Violations for Financial Code Sections 50314 and 50321.
Additional File InformationFairbanks Capital is headquartered in Salt Lake City, Utah, with other locations in Hatboro, PA and Jacksonville, FL. Educational TipsHow the Faithful Can Avoid Investment ScamsEquity-Rich Homeowners Target of Reverse Mortgage FraudInvestment Fraud ProliferatesMortgage ChoicesRefinancing Your Mortgage LoanReport as of 07/29
Copyright 2003 Better Business Bureau of Utah, Inc. As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgment.information contained herein is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
The Better Business Bureau reports on members and non-members. Membership in the BBB is voluntary, and members must meet and maintain BBB standards. If a company is a member of this BBB, it is stated in this report. For more information about BBB reports, click here
Bad company as we all know it to be. Unless you are here:
Fairbanks Capital Corp
P.O. BOX 9001710
LOUISVILLE, KY 60619
General Information
Principal: Ms.
Phone Number: (888) 349-8953
Type-of-Business Classification:
Unable To Classify The information in this report has either been provided by the company, or has been compiled by the Bureau from other sources. Customer Experience
We do not have a report on this company.
The following data concerns complaints processed by the BBB since the firm's file was opened or over the last 36 months, whichever is less. Fairbanks Capital Corp has had no complaints. The company's size, volume of business, and number of transactions may have a bearing on the number of complaints received by the BBB. The complaints filed against a company may not be as important as the type of complaints, and how the company handled them. The BBB generally does not pass judgment on the validity of complaints filed. Report as of 07/29
Copyright 2003 Better Business Bureau As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgment.information contained herein is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
The Better Business Bureau reports on members and non-members. Membership in the BBB is voluntary, and members must meet and maintain BBB standards.
All the victims of Fairbanks have to do is do all their business through the Louisville, KY office. It is squeaky clean!
This is ridiculous. Reliable information at the BBB for sure. Wish I had some way to find out exactly WHEN the BBB gave Fairbanks the "unsatisfactory" rating... I'm guessing about five minutes before the Feds walked in!
I sure would not want to stake my money on the reliabilty of reports from the BBB. It might be a losing proposition!
Robin
Waldron, Arkansas
U.S.A.
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