Above Lending

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Above Lending Review: Debt Relief Loans

Have you received a pre-approved offer from Above Lending?

Did your pre-approved offer include a pre-approval code as if you were personally selected for this offer?

Did your pre-approved offer state: “Your pre-approved for $49,000 through Above Lending”

Did your pre-approved offer include a check for $49,000?

Did your pre-approved offer show your interest rate being reduced from 17.2% to 2.92% APR?

Did your pre-approved offer show your new monthly payment is reduced from $1,248 to $250?

Who is Above Lending? They aren’t a lender. It appears to be peer to peer lending scheme.

Seems a little good to be true?

And off you go looking for reviews. 

Above Lending Review: Not A Lender – Is It A Scam Or Legit? 1

When it comes to getting a loan, you have a lot of options. You can go to your local bank, or try one of the many online lenders that are out there. But what if you don’t want to deal with a bank, or you don’t want to borrow from an online lender? That’s where Above Lending comes in. Above Lending is not technically a lender – they are something called a “lender aggregator.” So what does that mean for you? Is Above Lending legit, or is it a scam? Let’s take a closer look and find out!

What is Above Lending?

Above Lending is a company that helps connect borrowers with lenders. They don’t actually provide loans themselves – instead, they work with a variety of different lenders to find the best loan for you. This can be a great option if you’re not sure where to start or if you want to compare rates from a bunch of different lenders.

How Does Above Lending Work?

It’s pretty straightforward. You start by filling out a short form on their website. This will include some basic information about you and your loan needs. Once you submit the form, Above Lending will work with their network of lenders to find a loan that fits your needs. They will then present you with a few options, and you can choose the one that works best for you. It’s important to note that they are not a lender themselves, so they cannot guarantee that you will be approved for a loan. However, they can help connect you with lenders who may be able to help.

How much does Above Lending cost?

The cost associated with Above Lending is the interest rate charged on loans. This varies depending on the lender’s credit history and other factors but typically falls between 12% and 36%.

How does Above Lending affect your credit?

It can be a great way to get the money you need quickly. However, it can also affect your credit score in a negative way.

If you are not careful, it can lead to too much debt and increased interest rates on future loans. Make sure you understand the terms of any loan before signing up.

Be especially careful if you are already struggling with credit card debt or other loans. Above Lending may only make your situation worse. If you are not confident that you can repay the loan on time, it is best to avoid Above Lending altogether.

Is Above Lending Legit or a Scam?

If you’re considering using this company, you may be wondering if it’s legit or a scam. Unfortunately, we can’t say for sure. We’ve found several complaints online from people who claim they were scammed by Above Lending, but we haven’t been able to verify these claims.

One thing we do know is that Above Lending is not accredited by the Better Business Bureau (BBB). Additionally, their rating with the BBB is “NR,” which is the lowest possible rating.

  • It is not a lender.
  • It appears that they are 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 ridiculous offering.
  • It 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).
  • We are curious to find out how many of the consumers that were mailed this offer actually qualify for 2.92% interest.

We would recommend proceeding with caution if you’re considering using Above Lending. There are many other legitimate lenders out there that you can use instead. Do your research and read reviews before choosing a lender so you can avoid getting scammed.

If Above Lending is a scam, what about the lender companies they work with? Are they legitimate?

It’s important to remember that just because It may be a scam, it doesn’t mean that the lender companies they work with are also scams. In fact, many of these lenders may be legitimate and provide good services to their customers. However, it’s always important to do your research before working with any company, especially if you’re considering taking out a loan.

If you’re unsure about whether or not a particular lender is legitimate, there are several resources available to help you make an informed decision. The Better Business Bureau (BBB) is one such resource, and they have a website where you can search for specific businesses and read reviews from past customers. Another great resource is TrustPilot, which is a website that provides reviews of all sorts of businesses, including lenders.

When it comes to taking out a loan, it’s always important to be as informed as possible. Researching both companies is a good first step in ensuring that you’re making the best decision for your financial future.

What should I do if Above Lending asks for my personal information?

If you receive a request for your personal information from Above Lending, do not provide it. Above Lending is not authorized to collect personal information from consumers. You can report any unauthorized contact by above lending to the FTC at ftc.gov/complaint.

What should I do if I am considering using Above Lending?

If you are considering using them, there are a few things you should keep in mind. First, be sure to read the terms and conditions carefully before signing up. Second, make sure you understand how the platform works and what fees you may be charged. Finally, be aware of the risks associated with any peer-to-peer lending platform.

It is important to note that the default rate on loans through Above Lending is higher than traditional lenders. Be sure to do your research and understand the risks involved before signing up for a loan through Above Lending.

How to contact Above Lending customer service

You can contact our customer service department by phone or email. They are available from Monday through Friday from 08:00 am to 05:00 pm PST.

Phone: (888) 374-3880

Email: [email protected]

How to cancel Above Lending?

To cancel your Above Lending account, you’ll need to contact customer support. You can reach customer support by emailing [email protected] or by calling (888) 374-3880. Once you’ve reached customer support, they will be able to help you cancel your account.

Note: If you have any outstanding loans with Above Lending, you will need to settle those loans before you can cancel your account. Otherwise, the cancellation process will not be completed.

To cancel your Above Lending account, please follow these steps:

  • Contact customer support by emailing [email protected] or calling (888) 374-3880
  • Let customer support know that you would like to cancel your account
  • Settle any outstanding loans before canceling the account (otherwise, the cancellation process won’t be

Above Lending Reviews

This business is not BBB accredited.

If you’re looking for a reputable lender, you may want to steer clear of Above Lending. This company has an NR (Not Rated for lack of information) rating from the BBB. Be careful if you decide to work with them.

BBB Review:

Nancy O. 01/06/2022

I was approved for a loan that was supposed to include a $2000 cash advance. I signed the paperwork & was told it would be in my bank in roughly 3 business days. After 3 business days, I called back to inquire & after speaking to numerous people over numerous days where no one seemed to know what was going on & had to escalate.

The final resolution was, that the $2000 cash advance was never put in with the loan. Very deceptive, basically put the blame on me for not knowing the $2000 was not included in the dollar amount of the loan. Personally, I wish I had never taken the loan with them, they are not consumer-friendly & as I stated before… I feel they are deceptive as to how they get you to sign up for a loan.

There are plenty of other lenders out there who are more trustworthy and reliable than Above Lending. Do your research before choosing a lender, and always read the fine print before signing any loan documents.

Trustpilot Reviews:

Donna Mason 03/01/2022

There was a cashback offer on my loan and the loan was approved I didn’t receive the cashback offer that was promised me in 3-To 5 business days after constant conversations with customer care I was told they don’t show where I was to receive a cashback offer being persistent I finally got a representative named Jabbar who actually did a show in my loan that I am to receive a cashback offer 10 days later customer care now wants a copy of bank statements verifying I never received the cashback offer as for as the loan itself it was handled in a timely manner

Wellington Gray 02/26/2022

In my particular situation, I needed some technical help uploading my documents. It took me three days to complete this task. It would be helpful to have technical support available for those who need it.

Above Lending overall

Above Lending is a peer-to-peer lending company that has been in business for over six years. The company offers loans to small businesses and individuals. However, the company has had a number of complaints filed against it. In particular, borrowers have complained about the high-interest rates charged by Above Lending and the difficulty in getting a loan from the company.

In addition, Above Lending has been accused of engaging in predatory lending practices. For example, the company has been known to charge high-interest rates and fees to borrowers who are already struggling financially. This can lead to these borrowers becoming trapped in a cycle of debt.

If you are considering taking out a loan from Above Lending, I would encourage you to shop around and compare rates from other lenders first. There are many other companies that offer better terms and conditions.

If you’re in the market for a personal loan, there are plenty of options available to you. You can get a loan from a bank, credit union, or online lender. We’ve reviewed some of the best personal loans on the market so you can compare your options and find the right one for your needs.

Above Lending Review

Above Lending Review

Above Lending has been accused of engaging in predatory lending practices. For example, the company has been known to charge high-interest rates and fees to borrowers who are already struggling financially. This can lead to these borrowers becoming trapped in a cycle of debt. If you are considering taking out a loan from Above Lending, I would encourage you to shop around and compare rates from other lenders first. There are many other companies that offer better terms and conditions.  

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