anti
Irvine,#2Consumer Suggestion
Wed, August 28, 2002
If you check the website of the Beneficial California, Inc, you will see the list of ALL branches, PHYSICAL addresses (not only pobox, as for the scam BCC, you will see that they do NOT offer credit cards. You can check all the Florida branches. They are REAL branches.
Beneficial California is a REAL 100% legit mortgage company with highly questionable business practices.
That is why I mentioned that I am absolutely sure they have nothing to do with those pity amateur scammers in Florida.
Oh well... very often legit companies can cause million times bigger damages than fake/scam ghost companies....
anti
Irvine,#3Consumer Suggestion
Wed, August 28, 2002
WHAT??? Beneficial California advicing you how to detect fraud? Oh... how touchy... Should not we award them?
The only problem, that this "caring" company has a very well known and deserved #1 place in the California Mortgage Companies Hall of Shame. No, they do not issue any credit card, they are a mortgage company. They will never trick you to pay $247 for a bs merchant card. They will trick you to refinance your mortgage, then requesting higher payments, "mandatory" insurances, etc. Many people lost not only tens of thousands dollars, but their homes too.
In the last couple of years CA media was loud from complaints against this company, and from the law suit at the end of 2001 - they were charged with 25,000 violations of California Finance Lenders Law. As a result they had to pay $ 9 millions fee. This February a civil group filled a new law suit against them.
WHERE WERE BBB during this time? Never reading papers, watching tv? Or very simply AGAIN covering up for a company. Misguiding costumers, giving approval for a wellknown predator. Many people - similar way as you - checked with the bbb before signing with Beneficial California...
NEVER trust in ANY BBB report. I can give you a long list of similar companies, cheating people with millions - under the "Member of BBB" - "meeting with the membership standards".
BBB membership has NOTHING to do with business ethic. There is only ONE real requirement: to pay the membership fee. The membership payed and not earned.
But back to your questions. I already introduced you Beneficial California. You can find more about them by very simly typing to any search engine: "Beneficial California"+lawsuit. Or if you interested in the full text of the lawsuit I can send you through the Ripoff Editor/Staff.
The Beneficial Client Care that contacted you is a scam, as you can read in other reports.
Regarding the 866 phone number. The reason not that the two companies related in any way. I am absolutely sure that not. Very simply a bunch of scammers in FL use the name of a huge, wellknown company. (There are many similar "twins")
Why the 866 number on both side? I assume very simply BBB mixed the files. There are many errors in BBB reports. They do not really care... The only important: to delete all the complaints against "members".
As you can see, there is no "good" Beneficial. Very simply hang up the phone if they call again.
Do not waste your time on BBB......
For more stories on BBB membership system search Ripoffreport by using the keyword bbb.
You will find dozens of reports from people who lost tens/hundreds of dollars because they trusted BBB.