Lendmark Financial Reviews

They did an inquiry on my credit and hit for 51 points. That's ridiculous and should be illegal, avoid them from running your credit, they need to fix it or something because my credit was going up then they did this

Never missed payment 2 years, threatened with the repossession of a one payment missed Gavin a coward during the pandemic, never missed a payment, head over 20 missed calls while in hospital, this called harassment.

Kofi ** made my experience as easy and stress-free as possible. I was looking to get out of a predatory loan and Lendmark helped me to do so and save hundreds per month. Thank you so much Kofi and Lendmark!

So I have had several loans with Lendmark and they were paid off. Refinanced another one with no issues and had ACH setup. Well I had gotten sick and had surgery for throat cancer. While in the hospital for almost 6 plus weeks my daughter was taking care of some things for me banking important bills etc. Well she had all ACH' stopped since she did not know what bills I actually had. Evidently when this happened my payments were missed and yet I was actually only 1 1/2 months behind since the ACH's were every 2 weeks. once feeling better and then going over bills - still in hospital and couldn't really talk- I realized this wasn't paid so I reached out via the website to make payment. Surprised locked out. sent messages on-site and not return calls or anything.

I am currently gathering people to file a class action lawsuit against Lendmark Financial! They are breaking the law! Lendmark Financial charged off my account as a loss and then are taking me to court for a inflated price, plus attorney fees once they have already received tax benefits for the charge-off! Yes, people that is against the law! Lendmark then is charging 23.99% interest on the charged-off account! They have been caught in so many lies, it's ridiculous! Once a account has been sent to collections or charged off Do Not Pay the INFLATED PRICE!!! This situation with Lendmark has caused me deep depression, stress and health issues (Severe Head Aches and heart racing).

Yikes! This place is absolutely horrible! I wouldn’t even consider them as a last resort. So, for starters, they DO explain what your rate is and how high the percentage is. The problem is, they explain it in a way that is pretty difficult to understand on paper. My loan advisor when through my terms waaay too quickly. To my fault, I was so happy to get the loan, that I ignored the fast talk. They just ramble off a bunch of numbers. They’ll tell you it’s a high interest-bearing loan, but they WON’T tell you how the interest is allocated. A lot of their customers are people who may not have the best credit and are in financial binds. Because of this, they sell you loan shark loans that take advantage of you. They do the “daily compound interest” loans. Because of this, you are getting charged interest DAILY in between your payments. They don’t just take the interest out of your payment once each month like credit unions and banks.

Utterly regret contacting them. Applied for a loan two days ago and never got a callback. I called yesterday and I was put on hold so I hung up and then I called back only to find out he was out of the office. At least inform me or call back. But that is ok.

They didn't have any problem with my income and get me in debt. I have paid them $3000 in one year on two loans. Now that I need a little help they claim I don't have enough income. I feel they are just out to take advantage of poor people like me. Sincerely, Leroy **.

Cannot fully express our utter regret with choosing Lendmark Financial as our loan company. First off, we wanted an auto loan, and that would have protected us from some usury and extremely high interest. The way Lendmark gets around this is by giving a loan which we used towards a vehicle. Have a fair credit score and still got a 26.48% Annual Percentage Rate. Have made our payments on time and after almost six months of payments we have a payoff amount higher than what we bought our vehicle for. So, $124.70 has come off of our principal, the rest is towards interest. We will be upside down in this loan in no time, REGRET. STOP USURY!

Had to give my car back and they auctioned it off and I had to pay what was left over. However though they are claiming to have sold my car $100 and now owe my entire car payment still...without the car. They also have yet to send me all the information on the auction which is making me believe that they are playing me.

Lendmark is a predatory lender at best. I have paid on this loan for over 6 years the amount has not gone down. I have asked for all checks, that have issued in my name fearing there is fraud on my account, and just as I suspected they only provide checks totaling less than $5,000. How have I have been paying for a loan over 6 years and the total is more than what I borrowed. I informed them that I would not make another payment until they provided evidence that I borrowed more than $5,000. To date this has not been provided. They closed and open my loan, without applying any previous payments. Please stay far way from this predator!

The Lendmark Financial branch on Hope Valley Road in Durham is amazing. Donovan and Maria are topnotch. Not only was I able to get the personal loan I needed on the same day, the process is quick and easy and their customer service is the best. I would recommend them without hesitation.

Consumer beware! If they had a zero rating…This company takes total advantage of people in need, all with a smile all their faces as if they really want to help you. Super high interest rates, hard-sell ‘add-on’ loan insurance products that they tack onto the principal balance (though they sell them as a small monthly amount) for the total amount to be paid for the life of the loan, then charge interest on that too! You’re better off using a credit card because you’ll NEVER get a loan from them paid off. Read the fine print…Unbelievable rip-off!

Don’t believe the emails sent saying you can increase your limit. You can’t. You have to wait so much time even tho emails are going out saying you can get more. Liars. They say it’s a glitch in the system even tho it coming from the branch manager.

Got a loan for a car. Was on time every month for 7 months. Decided to pay off the loan 6400$. Went back a month later to get another loan and was denied. The only reason they get 1 star is bc there isn't an option for 0 stars. I've had loans with 10 banks over the years. By far this is the worse place.

ZERO STARS!!! ZEEEEROOOOO!!!! Orlando FL branch....Don't recall the lady that convinced me initially to "refinance" my loan at a lower rate for a shorter time period. I stupidly believed her convincing nothing would change in the payments and it would help me pay back the loan sooner, and signed without being more cautious knowing they already screwed my account up several times in the past. After many months of trying to get help to log on to the website/my account (they entered incorrect info for me so I can't even reset my password for over a year now), I finally today obtained a copy of my credit report showing I was refinanced with an extra year added at the same payment rate!!!!

Lendmark lied to me telling me that they would refinance my loan and it wouldn't destroy my credit but they did refinance the loan and wiped out all previous payment history that was good and on time, dropped my credit score 37 points, and when I called to ask what happened, and why did they not tell me of this effect on my credit, they hung up on me. Avoid these sharks at all costs, they are predatory lenders indeed.

Easy to get a loan, and qualified for more than other companies, but I should have known it was too good to be true. They gladly say there's 10 day grace period on payments, but call to harass you every day, and threaten garnishment. No heart for death in family, or hard times. Rude management. Be aware interest is added DAILY, and you pay it first.. They don't tell you upfront that if you pay in your grace period, your extra interest (fine?) can take your entire payment leaving you further behind. No heart at all. Predatory lender, would not recommend to an enemy.

I had a two year loan that I paid off in seven months. The account was closed and paid in full on September 1st. On September 14th an unauthorized payment was taken from my bank account after the account at Lendmark Financial was closed. On the 14th when I inquired about it for two days their representatives did not know why the payment was taken out. Then on day three explain that IT said the August 29th payment was not taken from my acc't. Now, when I called in on the first of September to pay and close my account I was given my balance and my payoff amount. I paid it off which should have included the August unpaid balance that they neglected to take out. So how in the hell 13 days after the account was paid in full and closed can they go back and take the August payment out of my bank account on Sept 14th? Never again!

Believe the negative reviews about this company. I am living it. They have me paying 36% interest on a 5500 dollar auto loan which is going to cost me about 12 grand if I don’t pay off early. They are always trying to hide everything from you even in your monthly statements. Granted my credit is not the best but that does not mean I deserve to get taken for a ride by this company. None of us deserve it.

Had a loan through Lendmark that was paid off completely and on time. Instead of showing on my credit report that the account was "paid off" they reported it as being "closed" which dropped my credit score by 19 points. Any loan, credit card or any type of line of credit that shows "closed" negatively impacts your credit score. No other lending company that I've researched reports this way...only Lendmark. I have filed several complaints through their website with no response. Lending companies are there to help build credit if you follow their payback guidelines. Not Lendmark! Stay away from them if you want better credit instead of worse!!!

This company should no longer be in bussiness and I'm going to do everything in my power to make sure that it stops taking advantage of good tax paying people that are really trying to make ends meet. This Company is very good at luring you in and after you sign some documents, BAM!! 38% INTEREST RATE!! I believe this Company has been scamming people for years and it needs to be a investigation immediately!!

I contacted the branch in Charlotte, North Carolina on Concord Mills Blvd. I spoke to a person named Fredrika ** who initially set everything up over the phone. I went to the branch to sign the necessary papers and collect the check. When I got there, she gave me the documents to sign. She wanted me to sign up for automatic payments, which I did not want to do. She stated that’s their preferred method to collect payments. Again, I stated I did not want to do that. She seemed to have gotten an attitude about me declining and then mentioned signing for some insurance that would cover the loan if I could not pay it back. I asked her if this was free and she replied, “It comes with the loan”. I then stated, “So it’s included in the $8000 loan?”, to which she replied, “Yes”. So I foolishly signed it, not reading over it carefully. Then she gave me another document to sign that offered roadside assistance, which I also did not want.

My husband and I used Lendmark for a loan and put up the title to his truck as collateral. We just finished paying off the loan in full and they are refusing to give us the title back. The Thomasville office is closed supposedly due to COVID-19. We were routed to Tifton office and the lady was rude about it and said we just have to wait until they opened back up and let us know there was nothing we can do about it. We called corporate and the lady at corporate was even worse. She even stated none of this is their fault and they are following government rules. If closing is part of what the government said then why is Tifton open?

A few years back, Lendmark Financial was a good place to do business. After they separated from BB&T, the service went downhill fast. I won't be doing business with them again. Their accounting practices are horrible at best. Basically legal loan sharks. You will have a difficult time completing your loan here and your interest rate is ridiculous even if your credit is good.

We have been more than comfortable with the assistance of the Branch Manager, Sarah F ** and office staff in Santee. The unexpected financial crisis, we need money and they solved it for one days. We had very busy days, with reminders from the staff, I send bank statement. We visited office received quick and accurate information, signed agreements and got check in same day till 5 pm. I would recommend and have recommended my friends to Lendmark.

There are so many reason people needs loan. I am one of it but please don’t use this company. Use your research before you borrow money from them, no customer service skill, no heart, no business knowledge. Just think about this, they are borrowing 0% from government and they are selling you 25% to 30%. They have worst customer satisfaction on the internet. I didn’t give the attention when I was dealing with them, don’t do same mistake I made.

Applied for a debt consolidation loan. Made me go through entire application process, then submitted a credit inquiry. I then get a call back stating they are sorry but they require 2 years at same employer, mind you I am currently at 21 months. What is so frustrating is they could have just told me 2 years upfront without putting an inquiry on my credit report, thus lowering my score. Insane that they did that and even more insane not considering my 21 months.

From the very first time of applying for a loan online and going into the Waldorf office, I have been more comfortable with the assistance of the Branch Manager, Jamella **. The unexpected financial crisis, I was very hesitant with going thru this process. With the patience and reminders from the staff, I have updated my account. I have contacted the office and emailed and received quick and accurate information. I would recommend and have recommended my family and friends to Lendmark (Waldorf office).

The employee by the name of Pauline, drafted an unauthorized amount from my account and when I brought it to her attention she immediately lied, saying I gave her permission, then changed the lie to she told me if I paid by checking instead of debit card that it would be more, which was an absolute lie, the district manager Patrick is an absolute joke, his cover up of her theft was that it was a late fee, in which my bill shows none at all, these people are crooks, please don’t do business with them, keep spreading the words and help others stay away from them!

2 years ago, I got an auto loan through them. Just about 1 year to the day later, transmission on that 06 Explorer (which I bought from common sense housing in Newport (DON'T RECOMMEND!!!), was totally shot, which costs north of $3k to fix. I tried to get $3k added to my existing loan, but Lendmark in the MHC gave me the run-around. At the cost of my credit report, I surrender that POS truck to the shop = mechanic's lien. Lendmark will ** you every chance they get!!!

So my husband and I got this loan over four years ago. We were young and irresponsible and didn’t know too much about finances. It wasn’t a big loan, but we had a tough time paying for it. Long story short, over four years and they still call my husband's ex employer EVERY DAY for the past four years. At this point they refuse to work with us. They want the whole sum paid due to it being in collections. So yeah...they will call everyone you put down EVERY DAY.

With all this going on with the coronavirus, My electric company understands. My phone company understands. Everything is closing down. We have to shelter in place and our jobs are being shut down temporarily. But Lendmark still calls everyday wanting their money. These people have no heart. These people have no lives. Don't get me wrong. They've been great up until now. But when the SHTF, the last thing anybody needs, is somebody calling them EVERYDAY leaving harassing voicemails, when you're trying to figure out how to keep you and yours safe, Fed, and ALIVE.

I have had no Moro lens with Lendmark in the Tempe/Phoenix area. I have not had any issues with calls. I’ve had talk loans and paid them off. My last loan I refinanced with them and it was easy. Only took about 30 minutes and everyone was professional, nice and friendly. I can only speak about the Elliott are location that I go to but they are great.

Got auto loan thru Lendmark. Car got totaled due to car accident. Lendmark put lien on the car. Auto insurance settled on the load to fully pay for loan. Check was cut and send to Lendmark, but they still charge me extra fees or late fees. After loan fully paid, Lendmark was still making calls for the late payment. They comment that it's not them making the call. However caller identified themself as Lendmark Financial. They need loan account management. They are behind on account info. Not up to date on customer accounts. They should get better customer service.

I've had a loan with Lendmark since 2017 paid loan down twice and just refinanced 2 days before Christmas. I've had no problems to date with calling because my payments are made on time, I value my credit. Not sure why they would call if payments are made on time ... I'm disabled and didn't have a problems with my loan but of course I, did have a cosigner even though my credit is good. Thanks Lendmark.

They discriminate against disabled people. They tell you you're approved and then when you show them your SSDI LETTER you're suddenly disapproved. Liars and from what I read they are a predatory loan company. Companies like this end up getting hammered in court for discrimination.

This company is the definition of harassment! They will not only call you multiple times a day, they will call your reference and more. They are rude and do not try to work with you. Do NOT go through them!

Will harass you before your payment is due! Your payment is for interest not the auto loan. Pay off early or you pay forever. After paying the loan in full tried to take me to court for non payment. Worst company ever! Judge threw the case out. They should be investigated by the AG office of Virginia for false civil suit and trying to bully people into early payment.

This is predatory lending at it finest/worst. You choose. If I could give negative stars I would. I over pay every month and the balance remains the same. I have great credit but needed a loan in a pinch and I was stuck with these thieves. They do not take credit cards for pay-off, but there is another way around their game. Cashier's check from the credit card company. They have to take it! And payoff on the loan.. BOOM! Done.. Suck it easy Lendmark.