Credibly

I received a Small Business Loan through another company from them at 60 percent interest. I was having to pay $110 everyday to them. I made it through 6 months with no concerns but my business plummeted from Covid. In January, when I went to contact them about my account to ask to have my payment decreased, I discovered they had breached contract by collecting payment on a Saturday in January and a holiday as well. The following Monday they collected a payment on President's day. Of course, both payments were in presentments Saturday and Monday. Tuesday morning they posted because the bank was closed Saturday and Monday. I immediately put a stop payment on their collections.

I applied online and was declined. Someone by the name of Cecil called me and promised that he would help me obtain a loan from Credibly that he worked for the company. Even though, I told this man that I had an already approved loan but wasn't too impressed with its payback offer, he told me to cancel the loan and promised that he must get me approved with his company. I went ahead and did as he asked. He asked me for more documents and I went ahead to forward him more documents. At the end, it so happened that he couldn't fulfill his promises and started sending all my calls to his voice-mail. Afterwards, I received an email asking me to fill out an application for a loan pre-qualification from this same man. I was in shock, didn't know this level of unprofessionalism existed. Please don't waste your time with this company. A complete waste of time. Move on to other companies.

I read the bad reviews but I still submitted a loan to Credibly….. Rob ** was completely unprofessional and handling my application. He did not communicate anything. I had to text him and ask him what was going on and when I did he told me that they had denied my loan because there was only one deposit per month, but that isn’t true. There’s actually a minimum of two deposits and I asked him why they didn’t consider that and he did. Again stated that there is only one deposit for the same amount. Apparently he cannot read a bank statement and he should not be working in a lending institution.

They will tell you they can fund your business, after knowing the details of your company, financial picture, and credit. Then, they will decline you for the same things you already told them and they said were well within the underwriting parameters for an approval. Waste of time, and effort.

#Credibly cancelled all the loans that were being processed thru #LibertyBank then thru #Celticbank and I only found out by a #Celticbank insider per email from **. Nothing connects all 3 Companies, I saw thru my spam that #Liberty and #celticbank were connected. This email went on May 21, 2020. The Applicants got Nothing, Nada, Zip. #ClassAction #LibertyBank #CompletelyScrewed #CARESAct #AttorneyGeneralOfOhio #AttorneyGeneralofNewYork #Uncredibly #NoCredibly #LawSuit #ThisIsWhyPublicHatesBanks

Almost no customer service. I waited for 3 weeks for an update on the application for PPP. They outsourced it to a different service, which outsourced it to a different service, which denied my loan information. It turns out my monthly payroll was too low to be considered by this service, so it was a complete waste of time. 0/10. Do not recommend.

Moe Ghani CEO, whatever, is dishonest. He makes promises he can't keep. I had 3 days to cancel a loan and I was on my way to the bank to cancel. He told me he would look like a real ** (you fill in the symbols) if I did and give it a few months and he would make things right. He never did. He said he could get me a better loan, not interested. Now during this crisis they've drained my account and keep trying to get more and are sending me threatening emails. Avoid this company, they are not good, BEWARE!!

I was contacted several times by Dante ** from this company regarding a business loan. He was so rude and offensive that I asked to speak to his supervisor & his sarcastic answer was, "good and while you are at it you can tell him I said hi". He put me on hold and then hung up on me. I called him back and he just would pick up and hang up, but is continuing to text me about a loan deal! None of the phone numbers to Credibly's business work, they all just ring with no answer. I tried contacting Ryan Rosett or Edan King who are the Co-CEO's of the company but they are unreachable. The company name should be Scamily not Credibly!

This company, Credibly, offered me a 60% APR loan over 6 months for my company! Are these guys for real? This is extortion. Terrible experience also with Nathan the "senior loan officer". Very arrogant on the phone and really not caring at all about the business. Stay away!

Credibly is a terrible company. They are vague, their process is questionable, and they don't care about their clients at all. They don't explain the process: how much you will be paying, how often, at what rate - until you are at the end of the process. This is not a credible company. They use vague terms, like 19:1, and when you ask about what it means, they are condescending and vague. In addition, they don't tell you that you will pay DAILY until the end of the signing process.