Credit Direct Reviews

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Edited by: Liz Bingler

About Credit Direct

Credit Direct offers personal loans directly and through a partner network in 15 states. According to the company, it can fund loans in as little as 24 hours, and it doesn’t require a minimum credit score. Its loans are available for a variety of purposes, including debt consolidation, home improvements, major purchases and more.

Pros
  • No minimum credit score required
  • Funding in as little as 24 hours
  • Prequalification available
  • No penalty for early payments
Cons
  • Only available in 15 states
  • Low maximum loan amount
  • Partner network may offer different rates and terms

Helpful Reviews

Seffner, FL
Verified purchase
I applied for the loan one day and it was funded within two days. Any time that I had a sticking point in the process, I would text Marco and he would respond almost instantly. He...

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Columbia, MO
Verified purchase
I don't know how to send them this message, but if I don't answer your calls the first 20 times and actively block the call, it means I DO NOT want to be called anymore! I was ok ...

Read more

What is Credit Direct?

Credit Direct is an online personal loan lender. Headquartered in Maryland, the company provides personal loans both directly and through a network of trusted partners. Credit Direct offers loans of up to $40,000 for a variety of purposes, such as major purchases, home improvements, weddings, vacations, debt consolidation and much more.

Credit Direct is only licensed in 15 states, so you can only qualify for a loan if you live in one of the following states:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Florida
  • Indiana
  • Iowa
  • Louisiana
  • Maryland
  • Michigan
  • Missouri
  • North Carolina
  • Oklahoma
  • Pennsylvania
  • Texas

How does Credit Direct work?

Credit Direct lets you get prequalified before you apply. Prequalification only requires a soft pull on your credit history, so it won’t affect your credit score. It also doesn’t have a minimum credit score requirement for its loans.

When you’re ready to apply for a loan, you can apply online. You’ll start by selecting your desired loan amount and completing an online form. Once you submit your application, Credit Direct will review your information and connect you with either loan options from it directly or through one of its partners.

If you accept a loan offer, you’ll sign the agreement electronically. Approved funds can be deposited into your bank account in as little as 24 hours.

Credit Direct personal loans

Credit Direct offers personal loans ranging from $1,000 to $40,000 and term lengths ranging from one to five years. The amount you’ll ultimately get approved for depends on factors like your credit history and income. Generally, the higher your credit score, the better odds you’ll have at being approved for a higher loan amount.

Credit Direct’s loans come with fixed rates and terms, and all of its loans are unsecured, which means you won’t need to provide collateral.

Credit Direct rates

Credit Direct offers competitive annual percentage rates (APRs) ranging from 6.99% to 29.99%. Both its minimum and maximum APRs are lower than some other lenders’ APRs. Some lenders offer maximum APRs of up to 36% APR.

However, Credit Direct’s lending partners may have different APRs from the above, along with different terms and lending criteria. Generally, APRs vary depending on factors like your credit profile, employment history, loan amount and debt-to-income (DTI) ratio.

Credit Direct fees

Credit Direct doesn’t charge administration fees or prepayment fees, though it states that its lending partners may charge these fees. Borrowers only need to repay the loan principal plus interest.

FAQ

Is Credit Direct a legitimate company?

Yes, Credit Direct is a legitimate lender for personal loans. It’s licensed in all of its 15 operating states and it’s been in business since 2012.

What credit score do you need for Credit Direct?

Credit Direct states that it doesn’t require a minimum credit score for its personal loans. However, people with good to excellent credit will generally qualify for the best rates and terms, plus larger loan amounts.

Is Credit Direct under FCMB bank?

No, Credit Direct is the doing-business-as (DBA) name for Delmarva Funding, which is based in Maryland. However, there is another company called Credit Direct that’s based in Nigeria, which is a part of FCMB Group, a global company focused on consumer banking, commercial banking and wealth management services.

Still have questions?

Is Credit Direct worth it?

Credit Direct can be worth considering, particularly for people with less-than-perfect credit, since there’s no minimum credit score requirement. It can also be a good option for consumers who need funds quickly, and there are no administration fees or prepayment penalties.

The biggest drawback is Credit Direct’s availability. It’s only licensed in 15 states, so many borrowers won’t qualify based on their location alone. Rates, terms and fees can also vary if the loan is provided by a lending partner.

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Credit Direct Reviews

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    How do I know I can trust these reviews about Credit Direct?
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    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 10
    Customer ServiceOnline & AppRates

    Reviewed Feb. 14, 2025

    I don't know how to send them this message, but if I don't answer your calls the first 20 times and actively block the call, it means I DO NOT want to be called anymore! I was ok with an online application that does not affect my credit score since I have already received a pre-approved letter by mail, but then the application was name, number and email and then agreeing to be contacted and that was it. Next thing I know is that for the next 60 days and on, up until today, I have ignored 583 phone calls from them!! Yes, you read that right, 583! And I have the screenshots to prove it. If you are reading this Credit Direct people, PLEASE stop calling me. I am not interested anymore!

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    Customer ServiceStaff

    Reviewed Sept. 10, 2019

    I got a letter in the mail with a code and a claim that I had a personal loan of up to $15,000. I called the number and told the rep very clearly that I had not decided if I should take the loan but would like to know what it would cost each month based on a loan amount approved. What I was looking for was a general estimate on average, not tailor made for me. He told me he needed the code and I told him that I did not want to give him the code as it may seem I had made an application. He told me that would not happen but that he needed the code to check. After that event, I got at least 3 reps who called me and told me that I had made an application and it was not complete, and I repeated what I told the rep. Today I get an email "rejecting" the application that I never made from Delmarva Funding in Rockville, Maryland. It claimed that I WITHDREW THE APPLICATION.

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      Staff

      Reviewed Aug. 11, 2019

      Unprofessional. Very unprofessional, one of employees emailing almost every day, for 3 or 4 days, after that Saturday, with his opinions and talks like reality is the way he think, talking about my minimum payments, who told you I am paying minimum in my payments? I did a mistake by running soft inquiry through this company, that's ok. Good to know.

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      Reviewed July 16, 2019

      I applied for a loan today, it is approved. But now have to pay R2400 admin fee... Did anyone paid a admin fee? Is this for real? And not maybe a scam? I apply for loan, because I have needs, and also need money. Where must I get the money? I was happy until the I heard from this admin fee before I can get the money I applied for? Please help asap.

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      Customer ServiceStaffLoan Process

      Reviewed May 24, 2019

      I applied for the loan one day and it was funded within two days. Any time that I had a sticking point in the process, I would text Marco and he would respond almost instantly. He was always in contact with me through the whole process. The loan was funded, even though I didn't think I had a shot at it. Thank you Marco and Credit Direct.

      Thanks for your vote!
      Credit Direct
      Response from Credit Direct

      Thank you for your kind words regarding Marco and your experience with Credit Direct. We are happy to hear your loan was funded so quickly and if you ever need anything in the future, please do not hesitate to reach out to us!

      Verified purchase
      StaffLoan Process

      Reviewed March 26, 2019

      I'm so glad Tiah reached out to me regarding this personal loan. I had applied awhile back but decided to go another route. I had an unexpected expense to come up and Tiah appeared like an Angel and reminded me I had applied for a loan and if I was still interested. I was approved and received the monies within 24 hours. Tiah was so nice and professional. I will definitely use Credit Direct again.

      Thanks for your vote!
      Credit Direct
      Response from Credit Direct

      We are so glad to hear that you received your money and Tiah was able to help with your unexpected expenses. If you ever need anything in the future, please do not hesitate to ask.

      Thank you!

      Verified purchase
      StaffLoan Process

      Reviewed March 21, 2019

      I worked with Matt ** at Credit Direct, he was not only professional, but courteous and informative. I really feel like he held my hand through the entire process, answering all of my questions. I received an immediate follow up from the lender of my choice and my loan funded within 3 days. I am extremely happy with my experience and would recommend Matt and Credit Direct to anyone looking for a loan.

      Thanks for your vote!
      Credit Direct
      Response from Credit Direct

      Thank you for your review and we are happy to hear your loan was funded. It's great to hear you experience was positive. If you need anything in the future, please do not hesitate to contact us.

      Verified purchase
      StaffLoan ProcessTransparency

      Reviewed March 14, 2019

      Great experience, loan approval in one day. The Loan Specialist for CreditDirect provided several loan and debt consolidation options. He worked with me to get the best loan for my situation explained the process. Really great experience. Great to know there are options to help your situation. Would highly recommend to my family and friends.

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      Credit Direct
      Response from Credit Direct

      We are very happy to hear you experience with Credit Direct was great. If you need anything in the future, please do not hesitate to contact us. Congrats again on your loan!

      Verified purchase
      Punctuality & SpeedStaff

      Reviewed Feb. 17, 2019

      Once application was sent in, I was contacted immediately. I was able to say what I needed and the payment I would need to get the loan. They worked with me to get what I needed. Was very fast and efficient. I was very happy with how it was handled and how quick.

      Thanks for your vote!
      Credit Direct
      Response from Credit Direct

      It is good to hear that you were happy with the results of your loan application. It is always nice to be able to work with our customers to best fit their needs. If you need anything in the future, please do not hesitate to contact us.

      Verified purchase
      Punctuality & Speed

      Reviewed Feb. 15, 2019

      Easy and quick. All questions answered. Also Matt followed up when I let it sit for a few days. Would recommend to a friend. Would do again if needed. Money was funded in 24 hours as I was told. Very impressive system and service.

      Thanks for your vote!
      Credit Direct
      Response from Credit Direct

      Thank you for your review of our lending process. We are glad to hear you trusted us enough to recommend to a friend. If you need anything in the future, please do not hesitate to contact us.

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      Credit Direct Company Information

      Company Name:
      Credit Direct
      Company Type:
      Private
      Year Founded:
      2012
      Address:
      5275 Westview Drive, Ste. 120
      City:
      Frederick
      State/Province:
      MD
      Postal Code:
      21703
      Country:
      United States
      Fax:
      301-637-3304
      Website:
      www.creditdirect.com