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  • Report:  #1340480

Complaint Review: LendUp San Fran. CA

LendUp San Fran., CA MisLeading with information they promise. Say one thing and I seem to be getting the other. Los Angeles Nationwide

  • Reported By:
    mrenaud8 — los angeles California USA
  • Submitted:
    Tue, November 29, 2016
  • Updated:
    Tue, November 29, 2016

Ive read alot about them before i used there services so i knew of her background when i finally gave it the go and signed up. Real fast about me, I'm a 31 year-old full-time/well paid engineer with bad credit i willing to try anything to make my credit score higher. The day i climbed the latter...exciting marketing scheme I would say because it has made me want to do whatever i could do to climb higher and if that way to take a loan out when i didnt need one when i did! I love what LendUp stands for its just to bad the talk a good game but produce something next to garbage. They have mis-led me and my money they have baited me in...

My First LendUp payday loan 200$ was paid back within 3 weeks. My Second LendUp payday loan for 250$ was then paid back within 3 weeks. My Thrid LendUp payday loan for 250$ was then paid back with 7 days. My Fourth LendUp payday loan for 250$ was then paid with 7days. And then my last and final LendUp payday loan for 250$ was then paid back within 2 weeks.

Everthing change about my good vibes they did give...i got an email from help@.com telling me

"Hi michael,

We want to give you a heads-up about a change that's coming to some of our loan applications.

Since California law requires us to consider our borrowers' financial ability to repay, our installment loan application process now includes questions about your income, and you may be asked to upload documentation to prove your stated income. After December 28, 2016, this could result in lower loan amounts than you've had in the past, or even application denials.

Only applications for LendUp's installment loans are affected. Income details are not required for our single-payment loans. Also, please note that if you start an application but haven't submitted it by midnight on December 28, 2016, you'll be required to fill out a new one.

If you have any questions, feel free to to email us at help@.com.

Thanks, Your LendUp Team"

Ok didnt think to much about the email until i paid my last loan off and now these points that ive been gather up to climb this fake latter to only nothing. My last payment put me in "Gold" Status in LendUp terms but i was suppose to have the new installment loans opition with a higher limit ive been reciveing considering my good standing by paying off 5 loans all within the time frame agreed on and just like that my new installment loans are now only 100$ when before it said 700$.

 

I feel betrayed by LendUp because all that points buying/payday loans/latter climbing bull.

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