Complaint Review: Beneke Financial Group

Larry Beneke Financial Group advertises they will provide schools sudents with loans to attend school.  He preys upon schools that do not have federal financial aid. He offers Universal Guardian Acceptance and Conrad Companies as the two loaning companies that he represents will give student loans to attend school.  Upon further investigation these companies do not know Larry Beneke and he does not represent them in any way.  They are accounting consultation companies and do not provide loans. He had us to sign a contract for $3,700 for his consulting fees and expenses up front which included his hotel, food and expensive liquor expenses. Once the contract is signed he says he has no obligation to you because his contract is binding whether he satisfies the contract or not and he is covered by Texas laws.  The BBB represented Beneke as having a A+ rating which misleads schools to think his company is legitimate.  Beneke refuses to arbitrate with BBB and our school.

Do not get tricked like we did! Please do not just rely on the BBB Rating.