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Car Loan
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7/20/2010 12:22 PM (PST)

Does anyone know if a vehicle finance company needs a license from the State of California? Or has anyone had dealing with Topaz Financial in Van Nuys, California?

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7/20/2010 4:48 PM (PST)

Hi Gabriela,

Finance lenders and brokers are required to be registered with the Department of Corporations. You can read further on it here: http://www.corp.ca.gov/fsd/lender.asp

Also, it looks like the company has a B- rating with the Colton BBB and 2 complaints on file that they have answered. If you're having an issue with the company, you may wish to try filing a complaint and have the BBB contact them on your behalf. You can file by clicking on "View BBB Report" above and there's a link on the left hand side of the page that says "File a Complaint".

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