LoanMe provides small, unsecured loans to businesses and individuals alike. Individuals apply for personal loans starting at $600, and small businesses can apply for business loans starting at $3,500. Its rates range from 14.9% to 159%, and it works with a variety of credit histories. The company’s application takes place online, and many borrowers are approved in minutes.
Overall Satisfaction Rating
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- Receive funds within 3 to 4 hours
- Apply online in minutes
- Small business and personal loans
- No minimum credit score
- High APRs
- Limited availability
LoanMe is an online small business and personal loan lender that offers loans from $600 to $250,000. LoanMe has a quick online application and no credit score requirements.
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Obtained a loan of $2500 a while ago. Made my payments until I lost my job. Fell behind and before I knew it and without a courtesy call or email I was served with a judgement at my new job which I then lost. In order to avoid court we agreed on payments but no less than $100 minimum, INSANE. I paid at first scrambling together the money. Then I was diagnosed with stage 4 cancer and had to go on Disability. Still no compassion. Phone conversation turned rude in a heartbeat. The attitude of these people is unheard of. I never encountered such unprofessional people unwilling to help in any way. In hospital again because cancer returned and they hassle me for being behind and unwilling to help me out. Never have I been so pressured in a rude way without any inkling of empathy.
How these people can stay in business is unfathomable. Will contact BBB of Anaheim, California to launch major complaint.
My experience went great with LoanMe. The agent on the phone was extremely polite and in my opinion the only reason I went with this option. He stayed courteous, respectful and caring throughout the process which eased the approval process. He explained everything thoroughly and was honest and confident with his answers. Passed the approval, I was informed of every step accurately by email which was nice.
I needed a loan for my daughter tuition and LoanMe was able to grant me a loan. The application process was simple. I liked how easy and quickly my funds were deposited onto my account. It took less than an hour to complete and process my loan. Thank you!
LoanMe is an absolutely ripoff loan company! They ** you on interest rates because they can. I obtained a $2,600 loan on March 1, 2017 because I was in a financial bind. I have already paid back close to $2,700 over the last 9 months and I still owe them over $2,800. This is ridiculous! I cannot understand how their interest rates do not apply under Usury law. Their rates should be against the law. We are being taken advantage of and forced to pay super high interest rates. This loan is going to take forever to pay off and I am worse off now than I was before.
They charge the maximum interest rates and terms allowed by law to people who have few or no other options. It's not about help, it's about taking advantage of people in desperate situations. They are afforded all of the protection but who is going to protect us? Certainly not our state or government officials. They allow this to happen or turn a blind eye. I will never use this company nor any other similar company again.
The process was super easy and quick! Rachel ** was very friendly and knowledgeable of everything! Great way to consolidate debt if you plan on paying the loan off within a year or so. The interest will kill you. I was told all of this before I finalized my loan so I would know what to expect. All in all, very pleased so far.
Efficient, organized, prompt and friendly. The Agents were all up to date on the loan. Explained thoroughly. Recommend to pay loan off within three to four months, no prepaid payments, penalties would not be charged. Loan funds were deposited within a couple of hours.
The people that helped me with the loan were nice, but kept asking for things, and when I would upload it, they would say they didn't need that (like uploading my bank statement then calling me and say that they didn't need my bank statement but needed something else). They were really nice guys, just disorganized. Overall it was not a bad experience, just a little confusing.
For been my first loan with LoanMe it was great experience. Will tell more friends and family also co-works. Easy process and fast loan. My agent was so helpful. Thank you thank you again. Once I first with this loan one place I will came back to LoanMe.
LOANME really helped me catch up financially, they had quick funding and great customer service. Alex was awesome. I was able to get current on some bills and pay car registration. This really got my family out of a bind and in a better position.
You remind me to be accurate and fair with my comments. I would like to remind you to be fair with your practices. Yah, I took the loan, I needed to pay my employees after my bank account was wiped clean through fraud. I needed about $7k and got $7k. I was a repeat customer, so my fee was only 5%. The loan repayment terms are such that if minimum payments are paid over the 120 month term the total repayment will be $65,296.16 or nearly 1,000 times the disbursed amount of $6,650. Again, I knew what I was getting into and I needed to pay my employees.
I got my funds immediately. Especially I really need it that day. Representative are very helpful and polite. They answer your question in a friendly manner and honest advice. I like to recommend your good office to somebody that needs an emergency financial situation. More power to your company. And thank you for helping people like me that needs financial relieve.
I applied for a loan online and was contacted by Son **. He was very professional and explained everything as we went along. He even mentioned to me that I should be sure that I would want the loan. I would recommend your company to anyone.
The process was fast and approved in a timely manner. Eric ** was polite, courteous, and explained the process. I was scared at first when I applied, because I read a lot of the complaints and good reviews, so I didn't know what to expect. Overall, great experience. I do plan on paying off the loan quick, thank you LM???
They have great customer service. Justin who worked with me was amazing. They will walk you through everything and are very fair and transparent. Please be aware these are ridiculously high interest rate high risk loans that are really for short term last resort situations. Do not expect to get a good rate. These are last resort emergency loans.
I was hesitant about calling LoanMe at first with the thought that I might be taken advantage of and end up being in a worse scenario than I already am with my debt. Turns out that it was the best decision for me to make. My LoanMe rep Peter, was patient, understanding, supportive, and most importantly guided me through every step and answered any question. The best part of LoanMe is knowing that I can breathe again, that even though I'll be making payments for a few years, they are payments that I can afford and I am now for the most part debt free. Thank you Peter and LoanMe for helping me in getting back on track.
All persons I dealt with were very professional, handled my loan expeditiously and everything went very well down to the deposit into my account. They guided me through paperwork with ease and I did not have to leave my home and their system for doing the loan worked perfect.
Outstanding client service! Although the rate is exorbitant, it accommodates an immediate short term need. A bridge loan. This is my 3rd loan with LOANME. I am commissioned and this seems to be a quarterly occurrence bridging me between commissions.
My experience with LoanMe was very quick, fast, simple and great customer service getting back to you within minutes. Once I was approved LoanMe wired me the money the same day with great email communication as well to let me know the status. Thanks.
Great customer service very fast and very helpful service. I like the fact that they explain word by word on the loan application to me. And felt good the way they were very patient and fast to help me with this loan. I would recommend a friend to LoanMe.
This was Quick and Easy. The agent that helped me was very friendly. He help me throughout the whole process. The process only took about 15 mins to be approved and the money was in my account by the morning with a friendly email notifying me that the funds were available. I give them 2 thumbs up.
Staff is super friendly and understand how the human be, useful and very polite. I have trouble try to find the loan to fix my car. I apply so many place they are most the same way, ask so many paperwork and then when they run credit, "Oh!! It's not approve". I used to be their customer 2 years ago and I payoff, Charlie he is the best ever loaner. He help me find the way can walk pass bad time, he help me any way he can, can fund the loan in same day, and have good recommendation for you too. But Loan Me is real emergency money when you need. You have to pay it off as soon as possible because of high interest rate. I recommend you should have the way to manage your money and return it as soon as possible. Thank you very much again for LoanMe.
Process was good except for the online procedure. I find it difficult at times. Other than that I'm very happy with the time frame. My representative was very patient with me. Especially with the technical things with the computer &/or my cellphone. He guided me with the process very well.
Super fast! Got the money about three hours after applying! High quality customer service! The customer service representative was so nice, and responded to in a timely manner! At first I didn't think I'd qualify, but I did!!! I totally recommend them!
This was probably the easiest process I've ever been through to obtain funding for my business or even on a personal level. Cataline was on point! She was prompt with emails and calls and made sure everything was handled properly and quickly. I would recommend her to anyone!
I would like to thank you guys and would gladly recommend you to a friend. I would also like to thank Henry ** for his hard work and dedication. He's one of the good ones. He worked hard to help me with the loan. He explained everything in detail and made sure I understood everything. He was patient and had a strong positive attitude.
I love the way that the customer rep Rachel, handle my loan. She has great people skills, in informing the customer on how, the loan process works. Also I would like to thank the company for employees like Rachel **.
LoanMe is the only company that allows you to borrow more than $35,000 on a signature. The customer service was great and the loan was approved quickly. The only problem I have with the company is the loan origination fee that is taken off the top and reduces the amount of money you actually receive. The payback is for the full amount funded, but you're only receiving a net amount.
LoanMe really helped me to jump start a dream project. Mauricio was fantastic to work with and helped me every step of the way! Because of this loan I now have the opportunity to dive in deep to my dreams and visions. Thank you!
The process of This loan was extremely easy and Professional. My representative Le ** worked around my busy schedule and was extremely accommodating and attentive. He exemplifies the meaning of friendliness and amazing customer service. The entire process was pleasant.
I was so please to finally get my loan approve. Was having problems before but I'm so glad I reapplied. I'm sorry I can't remember my loan officers name but he was very helpful in helping me out with questions I couldn't do myself.
LoanMe Company Information
- Company Name:
- Year Founded:
- 1900 S. State College Blvd., Ste 300
- Postal Code:
- United States
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