**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**For      the Quarter ended June 30, 2007**

**Commission      file number: 0-31457**

**NUEVO      FINANCIAL CENTER, INC.**

| DELAWARE                                                                                          |   | 5045                                                                       |   | 23-3048444                                                         |
|---------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|--------|--------------------------------------------------------------------|
| (State                or other jurisdiction of incorporation                or organization) |   | (Primary                Standard Industrial                Classification) |   | (I.R.S.                Employer Identification                No.) |

**2112      Bergenline Avenue**

**Union      City, NJ 07087**

**Telephone:      (201) 537-0956**

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**NUEVO      FINANCIAL CENTER, INC.**

**CONDENSED      FINANCIAL STATEMENTS**

**June      30, 2007**

**Table      of Contents**

| Condensed                Balance Sheet                 |   | F                -                2     |
|--------------------------------------------------------|--------|-----------------------------------------|
|                                                   |   |                                    |
| Condensed                Statements of Operations      |   | F                -                3     |
|                                                   |   |                                    |
| Condensed                Statements of Cash Flows      |   | F                -                4     |
|                                                   |   |                                    |
| Notes                to Condensed Financial Statements |   | F                -                5 - 6 |

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**PART      1 - FINANCIAL INFORMATION**

**Item      1.**
**Financial      Statements**

**NUEVO      FINANCIAL CENTER, INC.**

**CONDENSED      BALANCE SHEET**

|                                                                                                                                               |   | June                30, 2007 |       |
|----------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|
|                                                                                                                                               |   | (unaudited)                  |       |
| ASSETS                                                                                                                                             |   |                         |       |
|                                                                                                                                               |   |                         |       |
| Current                Assets                                                                                                                      |   |                         |       |
| Cash                                                                                                                                               |   | $                            | 352,045    |   |
| Commissions                receivable, net                                                                                                         |   |                         | 91,149     |   |
| Inventory                                                                                                                                          |   |                         | 20,055     |   |
| Prepaid                insurance                                                                                                                   |   |                         | 3,610      |   |
| Prepaid                income taxes                                                                                                                |   |                         | 250        |   |
| Total                current assets                                                                                                                |   |                         | 467,109    |   |
|                                                                                                                                               |   |                         |       |   |
| Property                and equipment, net                                                                                                         |   |                         | 409,035    |   |
|                                                                                                                                               |   |                         |       |   |
| Other                assets                                                                                                                        |   |                         |       |   |
| Security                deposits                                                                                                                   |   |                         | 41,674     |   |
|                                                                                                                                               |   |                         |       |   |
| Total                assets                                                                                                                        |   | $                            | 917,818    |   |
|                                                                                                                                               |   |                         |       |   |
| LIABILITIES                AND SHAREHOLDERS’ DEFICIT                                                                                         |   |                         |       |   |
|                                                                                                                                               |   |                         |       |   |
| Liabilities                                                                                                                                        |   |                         |       |   |
| Current                liabilities                                                                                                                 |   |                         |       |   |
| Accounts                payable                                                                                                                    |   | $                            | 786,791    |   |
| Notes                payable                                                                                                                       |   |                         | 1,257,534  |   |
| Total                current liabilities                                                                                                           |   |                         | 2,044,325  |   |
|                                                                                                                                               |   |                         |       |   |
| Long-term                liabilities                                                                                                               |   |                         |       |   |
| Long-term                notes payable                                                                                                             |   |                         | 120,987    |   |
|                                                                                                                                               |   |                         |       |   |
| Total                liabilities                                                                                                                   |   |                         | 2,165,312  |   |
|                                                                                                                                               |   |                         |       |   |
| Commitment                and Contingencies                                                                                                        |   |                         |       |   |
|                                                                                                                                               |   |                         |       |   |
| Shareholders’                deficit                                                                                                         |   |                         |       |   |
| Common                stock, 100,000,000 shares,$.001 par stock authorized, 26,168,223                shares                issued and outstanding |   |                         | 25,668     |   |
| Additional                paid-in capital                                                                                                          |   |                         | 4,186,320  |   |
| Treasury                stock subscription receivable                                                                                              |   |                         | (350,000   | ) |
| Accumulated                deficit                                                                                                                 |   |                         | (5,109,482 | ) |
| Total                shareholders’ deficit                                                                                                   |   |                         | (1,247,494 | ) |
|                                                                                                                                               |   |                         |       |   |
| Total                liabilities and shareholders’ deficit                                                                                   |   | $                            | 917,818    |   |

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**NUEVO      FINANCIAL CENTER, INC.**

**CONDENSED      STATEMENTS OF OPERATIONS**

|                                                     |   |  For                the Three Months Ended June                30, |       |  For                the Six Months Ended June                30, |   |
|----------------------------------------------------------|--------|-------------------------------------------------------------------------|------------|-----------------------------------------------------------------------|--------|
|                                                     |   | 2007                                                                    |       | 2006                                                                  |   | 2007 |   | 2006 |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |
| Revenue                                                  |   | $                                                                       | 602,420    |                                                                  | $      | 767,201 |   | $ | 1,273,780 |   | $ | 1,554,264 |   |
| Cost                of sales                             |   |                                                                    | 249,864    |                                                                  |   | 450,619 |   |   | 650,294 |   |   | 920,228 |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Gross                profit on sales                     |   |                                                                    | 352,556    |                                                                  |   | 316,582 |   |   | 623,486 |   |   | 634,036 |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Total                general and administrative expenses |   |                                                                    | 476,544    |                                                                  |   | 546,098 |   |   | 975,475 |   |   | 1,019,238 |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Loss                from operations                      |   |                                                                    | (123,988   | )                                                                     |   | (229,516 | ) |   | (351,984 | ) |   | (385,202 | ) |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Other                income and (expense)                |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Miscellaneous                income                      |   |                                                                    | -          |                                                                  |   | - |   |   | - |   |   | 2,500 |   |
| Interest                income                           |   |                                                                    | 132        |                                                                  |   | - |   |   | 804 |   |   | - |   |
| Penalties                                                |   |                                                                    | 18,386     |                                                                  |   | - |   |   | 5,150 |   |   | (1,781 | ) |
| Interest                expense                          |   |                                                                    | (38,172    | )                                                                     |   | - |   |   | (80,932 | ) |   | - |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Net                loss                                  |   | $                                                                       | (143,642   | )                                                                     | $      | (229,516 | ) | $ | (426,967 | ) | $ | (384,483 | ) |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Weighted                average shares outstanding:      |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Basic                                                    |   |                                                                    | 25,948,223 |                                                                  |   | 23,700,000 |   |   | 25,809,223 |   |   | 23,700,000 |   |
| Diluted                                                  |   |                                                                    | 49,048,710 |                                                                  |   | 30,493,791 |   |   | 47,887,881 |   |   | 27,699,268 |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Net                loss per common share:                |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
|                                                     |   |                                                                    |       |                                                                  |   |   |   |   |   |   |   |   |   |
| Basic                                                    |   | $                                                                       | (0.01      | )                                                                     | $      | (0.01 | ) | $ | (0.02 | ) | $ | (0.02 | ) |
| Diluted                                                  |   | $                                                                       | nil        |                                                                  | $      | (0.01 | ) | $ | (0.01 | ) | $ | (0.01 | ) |

----

**NUEVO      FINANCIAL CENTER, INC.**

**CONDENSED      STATEMENTS OF CASH FLOWS**

|                                                                                                       |   | FOR                THE SIX MONTHS ENDED JUNE 30, |     |
|------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|----------|
|                                                                                                       |   | 2007                                             |     | 2006 |   |
|                                                                                                       |   |                                             |     |   |   |
| Cash                flows from operating activities                                                        |   |                                             |     |   |   |
| Net                loss                                                                                    |   | $                                                | (426,967 | ) | $ | (384,484 | ) |
| Adjustments                to reconcile net income to net cash used in operating                activities |   |                                             |     |   |   |   |   |
| Depreciation                                                                                               |   |                                             | 7,821    |   |   | 22,300 |   |
| Compensation                expense for share-based payments                                               |   |                                             | -        |   |   | 1,291 |   |
| (Increase)                decrease in:                                                                     |   |                                             |     |   |   |   |   |
| Accounts                receivable                                                                         |   |                                             | (60,921  | ) |   | (3,300 | ) |
| Inventory                                                                                                  |   |                                             | (17,074  | ) |   | 5,511 |   |
| Prepaid                insurance                                                                           |   |                                             | 1,798    |   |   | (1,140 | ) |
| Security                deposits                                                                           |   |                                             | -        |   |   | 1,491 |   |
| Increase                (decrease) in:                                                                     |   |                                             |     |   |   |   |   |
| Accounts                payable and accrued liabilities                                                    |   |                                             | 4,364    |   |   | (45,569 | ) |
| Closed                store reserve                                                                        |   |                                             | -        |   |   | 54,540 |   |
| Net                cash used in operating activities                                                       |   |                                             | (490,979 | ) |   | (325,306 | ) |
|                                                                                                       |   |                                             |     |   |   |   |   |
| Cash                flows from investing activities                                                        |   |                                             |     |   |   |   |   |
| Acquisition                of equipment                                                                    |   |                                             | -        |   |   | (3,514 | ) |
| Net                cash used in investing activities                                                       |   |                                             | -        |   |   | (3,514 | ) |
| Cash                flows from financing activities                                                        |   |                                             |     |   |   |   |   |
| Notes                payable                                                                               |   |                                             | (61,479  | ) |   | 591,973 |   |
| Exercise                of warrants                                                                        |   |                                             | 500,000  |   |   | - |   |
| Net                cash used in financing activities                                                       |   |                                             | 438,521  |   |   | 591,973 |   |
|                                                                                                       |   |                                             |     |   |   |   |   |
| Net                increase (decrease) in cash                                                             |   |                                             | (52,458  | ) |   | 263,153 |   |
|                                                                                                       |   |                                             |     |   |   |   |   |
| Cash                                                                                                       |   |                                             |     |   |   |   |   |
| Beginning                of year                                                                           |   | $                                                | 404,503  |   | $ | 90,873 |   |
| End                of quarter                                                                              |   | $                                                | 352,045  |   | $ | 354,026 |   |
|                                                                                                       |   |                                             |     |   |   |   |   |
| Supplemental                disclosures:                                                                   |   |                                             |     |   |   |   |   |
| Interest                paid                                                                               |   | $                                                | -        |   | $ | - |   |
| Taxes                paid                                                                                  |   | $                                                | -        |   | $ | - |   |
|                                                                                                       |   |                                             |     |   |   |   |   |
| Noncash                investing and financing activities:                                                 |   |                                             |     |   |   |   |   |
| Conversion                of notes to common stock                                                         |   | $                                                | 300,000  |   | $ | 91,973 |   |

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**NUEVO      FINANCIAL CENTER, INC,**

**NOTES      TO CONDENSED FINANCIAL STATEMENTS**

**June      30, 2007**

**NOTE      1 -**
***ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING      POLICIES***

***Organization***

***Interim      Financial Statements***

***Going      Concern***

***New      Accounting Pronouncements***

**NOTE      2 -**
***COMMITMENTS AND CONTINGENCIES***

***Litigation***

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**NUEVO      FINANCIAL CENTER, INC,**

**NOTES      TO CONDENSED FINANCIAL STATEMENTS**

**June      30, 2007**

**NOTE      2 -**
***COMMITMENTS AND CONTINGENCIES (continued)***

***Guarantee***

**NOTE      3 -**
***SUBSEQUENT EVENTS***

| **Item              2.** | ***MANAGEMENT'S                DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF                OPERATIONS*** |
|--------------------------|---------------------------------------------------------------------------------------------------------------------------|

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**NUEVO        FINANCIAL CENTER, INC,**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**June        30, 2007**

***Results      of Operations***

***For      the Three Months and Six Months Ended June 30, 2007 as compared to June 30,      2006***

***Liquidity      and Capital Resources***

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**NUEVO      FINANCIAL CENTER, INC,**

**NOTES      TO CONDENSED FINANCIAL STATEMENTS**

**June      30, 2007**

***Plan      of Operation***

|   | · | Secure                key strategic partnerships with financial institutions and Latin                America                retailers |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Complete                strategic acquisitions for select financial services with license                requirements |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------|

|   | · | Receive                permits and licenses to provide financial services not secured through                acquisition |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | · | Institute                a centralized technology platform and database to process financial                transactions |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | · | Implement                aggressive market campaigns to the Hispanic                community |
|--------|--------|-----------------------------------------------------------------------------------------------|

|   | · | Develop                a turnkey franchise program |
|--------|--------|----------------------------------------------------|

|   | · | Create                e-commerce website, and |
|--------|--------|-----------------------------------------------|

|   | · | Recruit                a world class management team. |
|--------|--------|-------------------------------------------------------|

***Off-Balance      Sheet Arrangements***

| **Item              3.** | ***CONTROLS                AND PROCEDURES*** |
|--------------------------|----------------------------------------------|

***Evaluation      of Disclosure Controls and Procedures***

----

***Changes      in Internal Controls***

**PART      II - OTHER INFORMATION**

| **Item              1.** | ***LEGAL                PROCEEDINGS*** |
|--------------------------|----------------------------------------|

| **Item              2.** | ***UNREGISTERED                SALES OF EQUITY SECURITIES AND USE OF                PROCEEDS*** |
|--------------------------|-------------------------------------------------------------------------------------------------|

| **Item              3.** | ***DEFAULTS                UPON SENIOR                SECURITIES*** |
|--------------------------|---------------------------------------------------------------------|

| **Item              4.** | ***SUBMISSION                OF MATTERS TO A VOTE OF SECURITY                HOLDERS*** |
|--------------------------|-----------------------------------------------------------------------------------------|

----

| **Item              5.** | ***MARKET                FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS*** |
|--------------------------|-------------------------------------------------------------------------------|

| **Item              6.** | ***EXHIBITS*** |
|--------------------------|----------------|

|   | 31.1 | Certification                of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley                Act. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------|

|   | 31.2 | Certification                of Principal Financial and Accounting Officer Pursuant to Section                302 of                the Sarbanes-Oxley Act. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | Certification                of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley                Act. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------|

|   | 32.2 | Certification                of Principal Financial and Accounting Officer Pursuant to Section                906 of                the Sarbanes-Oxley Act. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

**SIGNATURES**

|                              |                                                                 |                                      |
|-----------------------------------|----------------------------------------------------------------------|-------------------------------------------|
|                              | NUEVO                FINANCIAL CENTER, INC.                          |
|                         |                                                            |                                 |
| DATE:              August 7, 2007 |                                                                      | /s/              Jose              Araque |
|                              | Jose                AraquePresident,                CEO and Chairman |
|                                   |                                                                  |                                      |
|-----------------------------------|-----------------------------------------------------------------------|-------------------------------------------|
| DATE:              August 7, 2007 |                                                                       | /s/              Jose              Araque |
|                              | Jose                  AraqueChief                  Accounting Officer |

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