Advertiser Disclosure: Many of the companies featured here provide compensation to us. This is how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below.
There are few Lift Lending reviews available online, and it can be difficult to determine what is true and what is not. The debt consolidation process is causing a lot of people to struggle, so you must work with a company that has a good reputation.
In this article, we will examine Lift Lending to determine if it is a scam or a legitimate company. In addition, we will discuss the pros and cons of using their services so that you can make an informed decision.
What is Lift Lending?
Borrowers and lenders are connected through Lift Lending web-based platform. The company does not make or fund product offerings, loans, or credit decisions. Your information will be securely submitted to a lender via the web platform. Lift Lending does not guarantee approval for any product based on the information you provide on its website.
- Lift Lending does not lend money. It is not a bank or financial institution.
- Lift Lending works with independent lenders and debt relief companies who each have their own standards.
- An individual’s creditworthiness and state law may affect the amount, terms, and APR of a loan.
- Depending on the state, a minimum loan amount may be required.
- Those who no longer meet the requirements after applying may not be granted credit.
Before you decide to work with Lift Lending, you should consider several factors. In the first place, they are not a direct lender. Essentially, they will match you with a lender who may or may not be able to provide you with the debt consolidation loan you require. Secondly, Lift Lending is not available in all states. You will not be able to use their services if you reside in a state where they do not operate.
Lastly, there are some negative reviews regarding Lift Lending online from people who claim that the company is a scam. Nevertheless, it is important to keep in mind that some people may not be satisfied with any service, and that does not necessarily mean that the company is fraudulent.
Pros and Cons of Lift Lending
If you are considering using Lift Lending to consolidate your debt, you should know that there are more cons than advantages. Firstly, they are not lenders, so you will have to go through a third-party lender, which may pose a risk. There are
Secondly, this company has been accused of scamming many people. Before signing anything, make sure you understand the terms and conditions if you decide to use them.
The overall recommendation would be to refrain from consolidating debt with Lift Lending. If you are concerned about being scammed, there are better options available.
Reviews of Lift Lending
There are few Lift Lending reviews available, it is difficult to determine which debt consolidation company is best for you. Therefore, we have decided to write this blog post to assist you in making an informed decision about whether Lift Lending is the right company for you.
Upon researching Lift Lending, they have a BBB profile, and they are rated A- , there is no customer reviews.
On one of their websites, apply.liftlending.com, they promote that they have 5 stars on Trustpilot and Google Reviews, we were not able to find and check out these allegations. It seems to be fake.
Lift Lending, all in all, is not a perfect company. Before making any final decisions, make sure you do your research.
Is Lift Lending legit?
It is essential to research any debt relief company you are considering doing business with to ensure that they are legitimate.
It is always advisable to take everything you read on the internet with a grain of salt. However, there is a consensus that Lift Lending is not reputable. They have also been called “predatory” and “not a lender.”
If you are considering doing business with Lift Lending, we strongly recommend you reconsider your decision. In addition to these debt settlement companies, plenty of others can provide you with the financial assistance you need without the negative connotations associated with them.