Lear Capital, Inc. ratings, reviews and complaints - Gold, Silver, and Platinum Dealers

Complaints and Resolutions

Total Amount in Dispute:
$221,000.00

Total Amount Settled:
$0.00

Complaint Experience

71%

Complaint Resolution Index (CRI)

Complaint Resolution Index (CRI) Explained The Complaint Resolution Index (CRI) is an indicator on how responsive a company is in addressing and resolving customer complaints brought to their attention by BCA. If they are considering doing business with the company, consumers can use this indicator to forecast the likelihood of having their issues addressed if a problem arises. CRI measures the company's customer satisfaction abilities through BCA’s complaint mediation process.

A variety of factors are considered when calculating CRI. This includes how quickly a company responds to complaints, the number of complaints against a company, whether the company addressed complaint allegations, and the outcome of the complaints. CRI is just a subset of the overall rating for the company. Consumers are encouraged to take into consideration the company's CRI, their overall BCA letter rating and other relevant information about the company so they can make a well-informed purchasing decision.

BCA's Summary and Analysis:

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.

Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses.

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Complaint Closing Statistics

7 complaints against Lear Capital, Inc. closed in last 3 years.

Complaints	Type of response
0	Making a full refund, as the consumer requested
0	Making a partial refund
5	Agreed to make an adjustment
0	Refusing to make an adjustment
2	Refuse to adjust, relying on terms of agreement
0	Unanswered

View summaries of the complaint descriptions and responses.

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Other Information

Company Info

Lear Capital, Inc. can help you diversify your portfolio by purchasing bullion, acquiring premium rare coins, or by adding physical gold and silver to your existing IRA account.

Primary Contact:	Kevin Demeritt (President)
Business Started:	6/3/1997
Social:

About Lear Capital, Inc.

At Lear Capital, your long-term financial security is our main concern. We have been America's Precious Metals leader since 1997, and we strive to not only earn your business but to maintain it with superior service. We can help you diversify your portfolio by purchasing bullion, acquiring premium rare coins, or by adding physical gold and silver to your existing IRA account. Whether you're looking to realign your asset allocation, maintain an aggressive hedge against global volatility, or secure tangible retirement protection, Lear Capital has a plan for you.

We know you have a choice when it comes to investing in precious metals, and Lear has a streamlined acquisition process making your transactions FAST and EASY.

We provide you with a personal account representative, a secure ordering environment, and a "real-time" investment relationship that keeps you abreast of spot pricing, precious metals news, and economic events that impact your retirement and your future. We also provide an exclusive Buy Back program and an industry leading Price Advantage Guarantee.

Lear Capital is a PCGS (Professional Coin Grading Service) Authorized Dealer giving our customers the benefit of coin Grading Accuracy and Authenticity. We abide by the NGC's (Numismatic Guaranty Corporation) coin grading Standard of Integrity, and we support the ICTA (Industry Council for Tangible Assets) on issues of taxation, IRS regulations, and legislation that impacts all tangible assets.

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Licensing

We know of no licensing or registration requirement for companies engaged in this company's stated type of business.

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We urge caution when considering any precious metal investment. Such investments are considered high risks based on the facts that relative commodity markets fluctuate rapidly and ultimate value may depend solely on the price a collector is willing to pay. Precious metals investments are suitable only for those who can bear the risk of substantial loss.~~Rather than make an immediate decision insist upon written confirmation of all details of the offer and all verbal promises. Verify that the offer is registered or exempt from such requirement with your state securities commissioner. In California call the Department of Corporations at (213) 576-7500. In addition on a national basis the firm may be required to register its offer with the Commodities Future Trading Commission.

Other Considerations

This company has filed Chapter 11 bankruptcy. Under federal bakruptcy laws, Chapter 11 allows for reorganization. Generally, the company continues to operate normally while reorganizing. For information about filing a claim as a creditor, contact the clerk of the bankruptcy court.

Bankruptcy clerks office is located at 824 North Market Street 3rd Floor Wilmington Deleware 19801. You may reach the clerks office for more information at (302) 252-2900.

Industry Resources

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Additional Info

DBAs:

Learcapital.com

Goldcentral.com

Lear Financial, Inc.

Websites:
There are no additional web sites.

Contacts:

Brook Hitchcock (Accounting Manager)

Scott Carter (CEO)

Ryan Allen (Vice President of Finance)

Jeremy Jason (Manager of Customer Relations)

Reputation Report

Lear Capital, Inc.

Complaints and Resolutions

Other Information