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BBB Reliability Report for
Parman Financial
   
 
BBB Rating is F
Parman Financial F 1
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
Parman Financial
Address:  
6355 Topanga Canyon Blvd., Suite 240
Woodland Hills, CA  91367
Tel: (800) 883-3003
Fax: (310) 564-0394
» See more photos on TrustLink
Web Site:   http://www.parmanfinancial.com
Contact:   Lyndon Parrilla - Owner
Business Start Date:   5/27/2004
Company ID:   100037591
Nature of Business:

This company's business is an educational company that provides educational products and services for the financial markets.

BBB Comments & Analysis

Bureau's Comments and Analysis of Company's Business:

We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company. 

Licensing

Agency:
License Number:
Status:

As of our last verification on September 15, 2006, this company is registered as an Introducing Broker with the National Futures Association (NFA), number 0367407. For the most up-to-date information regarding registration status, consumers may contact the NFA by calling 800-621-3570 or by visiting their website at www.nfa.futures.org

»View All Licenses

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

No questions about the truth of this company's advertising has come to our attention. 

Rating Reasons

Significant reasons for this rating:
Unanswered Complaints

Addl. Company Info
Additional DBAs
Additional Contacts
Additional Addresses
Additional Websites
Additional Phone Numbers
Additional Fax Numbers
Complaint Experience

Bureau Summary and Analysis of customer complaints and company responses:

Our complaint history for this company shows that the company responded to and gave proper consideration to most complaints. However, one or more complaints are unresolved meaning the company failed to properly address the complaint allegations or their response was inadequate.  

Complaint Closing Statistics

The following grid displays the number and responses to complaints over the last 36 months:

No. of CmplType of Response
0Making a full refund, as the consumer requested
0Making a partial refund
3Agreeing to perform according to their contract
0Refusing to make an adjustment
0Refuse to adjust, relying on terms of agreement
3Unanswered
0Unassigned
6 Total