Escrow Solutions, Inc. - Not Licensed In Washington State

Date Posted: 
Monday, February 26, 2018

Alert Number: CA048301_02/21/18(2/19)

The State of Washington Department of Financial Institutions (DFI) has received a complaint against Escrow Solutions, Inc. Escrow Solutions, Inc. has been reported to be offering consumers services in association with time share properties offered through a company called Beach Property Management.

Escrow Solutions, Inc. uses the following contact information:

  • Website: [http://www.escrowsolutions-inc.com]
  • Email: [contact@escrowsolutions-inc.com]
  • Phone numbers:
    206*502*1042
    206*212*7581
    206*259*2089
  • FAX: 206-212-7581
  • Address: 500 Union St, Suite 415, Seattle, WA 98101

Escrow Solutions, Inc. is not licensed by the DFI and is not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, but is listed in ‘active’ status with the Secretary of State. It appears that the company may be located in and operating out of Mexico.

DFI warns Washington consumers that before doing business with a financial service provider the consumer should:

  • Make sure that the entity is licensed. Consumers can use the “Verify a License” feature on DFI’s website at www.dfi.wa.gov to check whether a payday or consumer loan company is licensed to conduct business in the state of Washington.
  • Not provide any personal information, such as social security number or bank account number or access if the company is not licensed or authorized to conduct business.

Important Information for All Consumers

  • If you received a loan from a lender and someone else is now attempting to collect the loan, collection activity may be subject to the federal Fair Debt Collection Practices Act (FDCPA). If you are contacted by a third party claiming you owe a debt, you can request a “written validation notice,” which must provide the amount of the debt, the name of the creditor you owe, and your rights under the FDCPA. If you have questions regarding federal debt collection laws you can contact the Federal Trade Commission (FTC) at 1-877-FTC-HELP or online at www.ftc.gov.
  • If you feel you have been the victim of a scam you can contact the FTC at 1-877-FTC-HELP (382-4357) or online at www.ftc.gov; or the Consumer Financial Protection Bureau (CFPB) at 1-855-411-CFPB (2372) or online at www.consumerfinance.gov.
  • If the scammers already have your bank account information, social security number, or other personal information, you may be a victim of identity theft. You can contact your bank and the three major credit bureaus take appropriate precautions. The FTC has information for victims of identity theft online at www.ftc.gov.
  • If you feel you have been the victim of a scam involving the internet you can contact the Internet Crime Complaint Center online at www.ic3.gov.
  • If you feel you have been the victim of a financial scam and are concerned about your personal financial information, you can contact your banking institution and the three major credit bureaus. Procedures for contacting the credit bureaus are available on the FTC’s website at www.ftc.gov.
  • If you live in another state, go to this webpage to find the regulator in your home state.