- Report: #1194961
Complaint Review: 247/Lending Group - Internet
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247/Lending Group
Internet, USA
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247/Lending Group misleading falsification manipulative Internet
No one should ever apply for a on-line internet loan. All the common sense in the human brain is telling you is that it a scam, and you know what- 99.9% of the time your common sense is right. 247 Lending Group that promise people that they don' t do a credit check are lying to you. They want to sign-up with scoresense and pay the $1.00 for your free 7day trial and then it goes on your credit report as a inquiry and your credit score lowers. along with applying with dozens of lenders and all the applying everywhere for a loan, also become inquiries on your credit report. Did you know that applying for loans lowers your credit score 5 pts. or more depending on how many you have applied for. If you need a loan, most lenders go by your credit score which is based on the middle score from Experian, which is also the lowest out of the 3 scores. If you are in need of a loan, your Experian score has to be between 620-641 and up. Here is a great place to start your journey to having good credit from bad credit/very poor credit/poor credit.
1. go to annualcreditreport.com and get your free credit reports (Transunion,Equifax,Experian
2. go to restoremyowncredit.com and learn about how to fix your own credit for free
3. go to Benefits.gov for benefits you and your family including disability and military benefits that you are entitled to
4. If you are in need of a home loan and your experian score is 620-641 and up/ you could qualify for a Government home loan grant : go to RANLife Home loans (ranlife.com)
Thankyou
1 Updates & Rebuttals
Jordan / Owner
North Carolina,Report Is Totally Innaccurate
#2REBUTTAL Owner of company
Mon, December 22, 2014
We question whether or not this report is from a real consumer as we have not been contacted by anyone regaqrding issues with our service in over a year, the consumer does not leave any name and the report is totally innaccurate as to how our service works. We have been providing onling loan services for almost 15 years. We process several thousand applications/day. Our service is fast and reliable with many of our clients becoming repeat applicants or referrals from other satisfied users. Anyone that has any questions or concerns prior to applying, please contact us @ [email protected]. Also, please check out the positive reviews from satisfied customers all over the Internet.
There are several key variables we gather from applications that determine which lenders we will send a consumer's loan request to. One of the most important variables is your credit score. We have some lenders that work with only bad credit people, others good credit and some all credit types. It is important that we only send your info to lenders that are going to be able to provide you with the most optimal rates and terms for your loan. Therefore providing a current and accurate credit score is important but definitely does not equate to a credit check. There is no credit check.
During our fifteen years of business, we have found that many applicants either do not know their credit scores or haven't viewed their credit in quite some time. We want to provide the best loan matching service that we can. Since we route application to lenders based on credit scores, providing a trusted on site option for consumers to obtain their credit scores and reports from is a logistic part of our business model. Yes, consumers are entitled to obtain (1) free copy of their reports from annualcreditreport.com. But these reports do not include any of your credit scores. Obtaining your own credit scores through ScoreSense does not count as a hit on your score and definitely is not a requirement of our service. If consumers know their score, all they need to do is input it on the application. This is clearly stated throughout our site.
We advertise as “no credit check” as we are not doing any credit check on our site when matching consumers with the lenders we work with. Some of the lenders we work are able to issue pre-approvals without performing any credit check, and other loan providers that can issue pre-approvals and approvals via a soft credit pull. Please note that none of the lenders we work with perform hard credit checks during our process. There is no impact to your credit whatsoever when applying. No lowering of your score, no mark from lenders even if you are denied.
In conclusion, we've been providing a reliable online service since 2001. As indicated above, processing several thousand/apps day. Having a few negative comments over the years when processing several thousand apps/day is natural. Please reach out to us direct if you have any questions or concerns @ [email protected].
