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Business Profile

Small Business Loans

World Business Lenders, LLC

Headquarters

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Small Business Loans.

Complaints

This profile includes complaints for World Business Lenders, LLC's headquarters and its corporate-owned locations. To view all corporate locations, see

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World Business Lenders, LLC has 17 locations, listed below.

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    Customer Complaints Summary

    • 4 total complaints in the last 3 years.
    • 2 complaints closed in the last 12 months.

    If you've experienced an issue

    Submit a Complaint

    The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

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    Complaint status

    Complaint type

    • Initial Complaint

      Date:12/11/2024

      Type:Sales and Advertising Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I had a loan with WBL that was paid in full early November 2023. I have tried repeatedly and unsuccessfully to have WBL release the Florida *** filing. To date, the filing has not been released and I cannot get a response from anyone at WBL.

      Business Response

      Date: 12/17/2024

      Ladies and Gentlemen,

      Thank you for bringing this to our attention.

      It appears that, along the way, there has been some miscommunication.

      In any event, please be advised that the *** termination was filed yesterday.

      We trust this resolves this matter.

      Sincerely,

      WORLD BUSINESS LENDERS

      Customer Answer

      Date: 12/17/2024

      [A default letter is provided here which indicates your acceptance of the business's response.  If you wish, you may update it before sending it.]

      Better Business Bureau:

      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.

      However, to be clear, there was no misunderstanding.  World Business Lenders made no attempt to terminate the *** filing (despite having been paid IN FULL) until I reported them to the BBB.  I repeatedly tried reaching WBL by phone and email since November 2023 when the loan was satisfied. I have documents to support my efforts and the few responses I received from WBL.


      Regards,

      ****** *****

    • Initial Complaint

      Date:01/11/2023

      Type:Product Issues
      Status:
      UnansweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      RE: Escrow No :NMS-13762003 On 9/28/2022 I took out a would' be home loan for $150000 with WBL I was told that $74,590 will be deposit in my account follow by ****** escrow money will be deposit after home were inspected. I did receive the first deposit ,but never received the second deposit after complete inspection from the ********************** and the independent contract that WBL hired I passed both of them. I was told by different member of the team that the money was release but i never received it. I tried resolving the issue with them only to be ignored and lied too. I have been making interest only payment on the full loan $150000 but never receive what was in the contract, which was additional $******.

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