Union First Funding
Editorial Credit: Fizkes
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If you’re struggling with debt, Union First Funding may be able to help. But is Union First Funding a scam or legit? In this Union First Funding review, we’ll take a closer look at the company and how it can help you consolidate your debt. We’ll also discuss the pros and cons of working with Union First Funding so that you can make an informed decision about whether or not this is the right solution for you.

Union First Funding is not a direct lender. Instead, it’s a lead generation company that works with a network of lenders to find you the best rate possible. While this sounds like a good thing, it also means that you may not be getting the best deal possible. In addition, Union First Funding has been accused of using bait and switch tactics to lure customers in. This can be extremely frustrating and may even lead to more debt if you’re not careful.

There is also a lot of negative reviews about Union First Funding online. Many customers report being charged hidden fees, being misled about the terms of their loan, and not getting the help they need when they need it. This is something to consider if you’re thinking about working with Union First Funding.

Overall, you should shop around and compare different companies before making a decision. And be sure to read the fine print!

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Union First Funding
UnionFirstFunding.com

Union First Funding pros and cons

If you’re considering using Union First Funding, there are a few things you should know. Although they claim to be a funding company, they are actually a lead generator company. This means that they will sell your information to other companies who will then try to sell you their products and services.

Another thing to be aware of is that Union First Funding allegedly uses bait and switch tactics to lure customers. They often advertise low rates and fees, but when you actually apply for a loan, the rates and fees are much higher. This is why there are so many negative reviews about Union First Funding – because people feel like they’ve been misled and taken advantage of.

If you’re looking for a reputable funding company, we suggest doing your research and reading reviews before making any decisions.

What is Union First Funding?

Union First Funding is a lead generator company. As per customers, the company uses bait and switch tactics to lure them into offers of debt consolidation and personal loans. However, the terms of these offers are often predatory and unfair to consumers.

Union First Funding has been the subject of numerous complaints from consumers who felt they were misled or taken advantage of by the company. Keep in mind other lenders are more upfront about their terms and conditions.

How does Union First Funding work?

Union First Funding Review: Not A Lender - Is It A Scam Or Legit? 1

Union First Funding is a lead generator company. It advertises debt consolidation and personal loans. The company uses direct mail to lure customers in, then charges them hidden fees or steers them into more expensive products.

Union First Funding makes its money by selling leads to lenders. This business model is bad news for consumers. If you’re considering using this company, beware of the bait and switch – you could end up paying more than you bargained for.

How to qualify for Union First Funding?

There are some qualifications you’ll need to meet in order to be approved for funding. We’ll go over what you need to do to qualify for Union First Funding.

To qualify for Union First Funding, you’ll need to have a good credit score and a steady income. You’ll also need to be employed full-time and have been with your current employer for at least six months. If you meet all of these qualifications, you should have no problem getting approved for funding from Union First Funding’s network of lenders.

How long does Union First Funding take to approve?

Unfortunately, there is no clear answer. Union First Funding can only pair you with different debt consolidation companies, which means that they will sell your information to lenders. The approval process will then be up to the lender. Some lenders may approve you very quickly, while others may take weeks or even months.

If you’re considering using Union First Funding, be sure to do your research and compare different lenders before making a decision. You want to make sure that you’re getting the best deal possible, and that means finding a lender who can give you quick approval at a good interest rate.

How much does Union First Funding charge?

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It is difficult to say how much Union First Funding charges because they are a lead generator company. This means that they collect fees from the companies that they refer you to. The cost of the service will depend on the fees charged by the company that you end up choosing.

In general, lead generation companies like Union First Funding charge high fees. This is because they need to make a profit in order to stay in business. However, the cost of their services can vary depending on the particular company that you are paired with.

How does Union First Funding affect your credit?

Since Union First Funding is a lead generator company, their network of lenders will do a hard pull on your credit in order to approve you. This can negatively affect your credit score. Additionally, if you are late on a payment, your lender may report this to the credit bureaus which could also have a negative impact on your credit score.

How to cancel your Union First Funding?

If you’re considering canceling your Union First Funding loan, there are a few things you should know. First of all, Union First is not a lender. That means that if you cancel your loan, you still owe money to the lender who funded your loan.

Secondly, canceling your loan may not be the best way to get out of debt. If you’re having trouble making payments on your Union First loan, consider talking to a customer service representative about your options. You may be able to lower your payments or consolidate your debt with a new loan.

Union First Funding BBB Reviews

The Better Business Bureau gives the company an A+ rating, but that’s about as far as the good news goes. Union First Funding is not BBB accredited, and BBB reviews are overwhelmingly negative.

Customers complain of being misled and taken advantage of by the company’s sales practices. They report being promised one interest rate, only to be given a much higher rate when they sign their loan documents.

Here are some Union First Funding reviews:

Virginia Witsman Jul 8, 2022

They are NOT a loan company. After telling us we don’t qualify for a loan, even with GREAT credit (no missed payments EVER), they tried to sell us on a debt “program” because we have a lot of credit card debt.

Jo J 11/10/2021

This “company” sends unsolicited junk mail, attempting to feed off of debt consolidation

Morley family Morley Dec 4, 2020

Truly disgusting that you falsely advertise with the lure you send in the mail. You should be ashamed of yourselves especially with what is going on in the world! You prey on people that are ignorant thank god Josh Bruno did not convince me with his disgusting sales tactics of trashing my credit.

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Is Union First Funding legit or a scam?

  • This company is not a lender.
  • It appears that this company is operating a typical bait and switch scheme – but not for themselves – for their lead buyers. They lure you in by sending you direct mail with a offering a ridiculous 0% interest rate to consolidate your high-interest credit card debt.
  • This company doesn’t tell you that you need excellent credit to qualify for a loan with that low-interest rate (which you have been supposedly pre-approved for).
  • While the mailer offers incredibly low rates, the licensing information on their site discloses that they are only licensed in California with a Finance Lenders License.
  • Their disclosure clearly states ANNUAL PERCENTAGE RATES RANGE FROM 2.92% TO 24.99%. To qualify for an AAA Union First Funding Rating, you must have excellent credit and meet other conditions.
  • We are curious to find out how many of the consumers that were mailed this offer actually qualify for 2.92% interest.

unionfirstfunding.com has been accused of bait and switch tactics, and there are a lot of negative reviews online. It’s important to remember that Union First Funding is not a real lender, and you should be very careful if you’re considering doing business with them.

Union First Funding is a legit company but it seems that it has a poor way of doing business. There are many great lenders out there who can offer you a loan without all the hassle. Choose wisely!

Have you had a bad experience with this company? We want to hear about it! Leave a comment below to share your story.

Thank you for reading.

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Union First Funding Review

Union First Funding is representative of what is plaguing the debt consolidation industry. Direct mail with low rates, selling leads for loans and bait and switch tactics to turn the customer into a debt settlement customer.

We highly recommend doing your own due diligence on Union First Funding’s lead buyers before entering into any financial relationship with the company.

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