Let me qualify this review with the fact that I have a BA in Economics and and MBA in Finance. Recently as bills mounted while completing my MBA I got a "pre-approved" offer for a unsecured loan.
This company is a total joke. The product they really push is the type where you stop paying your bills, destroy your credit, and renegotiate your balance down to maybe 50% while lowering your credit score over 150 points. DO NOT DO THIS ANYONE.
After I quickly dismissed the representative who gave me this option, he told me that because of my good credit I qualified for a "federal government program" and that the loan department would call me with the offer the next day. They called me the next day and told me to get my credit dinged again by their "affiliate lender". Their affiliate lender is PROSPER.COM, seriously? so the same loan you can get yourself they will broker to you for a higher interest rate.
Additionally the only other option is that they will go to a bank and broker you a loan for 9.99% on top of whatever the bank is charging you. If the bank charges 8% you are already back up ti the 18% on the credit cards you are trying to consolidate.
MY ADVICE: Apply for more credit, do balance transfers, eat ramen noodles, save money, pay your bills and NEVER CALL THIS COMPANY. They are not helping anyone, take the time to do your research online and find an alternative to this because you will not save any money in the long run.
Review by Misnomer Clotfelter1 year ago
People want to get on this company because they have bad credit and simply don't qualify for a loan. I was given the option to qualify for a loan and when I asked about certain reviews of this site, they were very honest to tell me the truth.
I understand lending parameters unlike other people. I know for a fact if i didn't qualify for the loan, I would be more than happy to have a different option. PLEASE, do not listen to the people that wrote bad reviews on here, they are truly a great company that has helped out many people such as myself. I don't understand why mean people feel the need to bad mouth companies or people simply because they didn't qualify. If you were given options, then you have a right to say "No thank you" and move on.
I'm truly grateful with the great customer service they provided. Thank you again for all, you guys rock!!
Review by MrGray Derrow2 years ago
Edgar Sanchez is the person that reached out to me by email. The send the info. to the wrong email address because the young lady that took it, got it wrong, even after I spelled it out for her. Edgar Sanchez called me at 9:00pm to tell me that he was still working on my loan, but that was not the case he was trying to find a company that would loan me the money. You see this is how it works, the are a consulting firm they shop your credit with several different companies and charge you a fee for doing so if you get a loan with them, and when they can't they try to get you to consider a consolidation plan which will DESTROY your credit. Please look at the per-offer that they send you in the mail very closely. What the letter states is that they will help you lower your credit card debit by giving you a loan to consolidate and lower your interest on the cards you have. However, you never get the loan to do that because the claim your debit to ratio is too high. If it was low why would I be getting a loan from them? That is the point why you apply based off there letter or I would not have applied.......everyone should RUN.
Review by Kaimien3 years ago
They treat you as people and not an account number.
Review by Sneeta3 years ago
Thus far, an excellent company to work with.
Review by Zyliu3 years ago
I spoke to Kristi and she helped us make the right decision as far as all the different options we had. My wife and I took out a loan for 30,000 and got a great rate, great service and received or money just days after the initial conversation. Thank you for the guidance and look forward to working with such an honest company in the future.
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