The question of whether or not LendingPoint is a scam is one that has been asked by many people. The short answer to this question is no, LendingPoint is not a scam. They are a legitimate financial services company with a long track record of providing consumer loans since 2014. Their business model and practices have been highly praised by customers and industry analysts alike for their user-friendly interface, competitive rates, and excellent customer service. If you wanna know more about this company read our LendingPoint Review.
That said, there may be some aspects of the lending process that could be seen as disadvantageous to borrowers such as higher interest rates on some loan types than those offered by other lenders. Additionally, there could be fees associated with taking out a loan with LendingPoint, so it’s important to read all the fine print and fully understand the terms of any loan agreement before signing.