New Credit America

I was with a debt settlement company and got severely sick with Covid. While still tied to a oxygen concentrator at home, I was approached by this company recommended by my debt settlement company. It was made out to be a great deal and I didnt understand the fine print nor was I in any condition medically to consent to the terms. I would have paid off this debt by now and instead I'm stuck with this loan paying 23.99% which works out to be 50% of my monthly payment goes to interest every month. It's insanity. I will be paying off this loan for 5 years. The payment is more than my car payment.

I needed a loan to payoff loans into one payment. The loan process was very easy to fill out and they seem like they were on your side willing to go the extra mile for you to get done. Very please!!!!

Was referred by my debt relief company when I had already settled 5 of 6 creditors, only one was outstanding. I had said I only wanted the outstanding under this program to my debt relief program and the rep for New Credit. No one said that would be a problem. Then the debt relief rep called said they had a settlement and wanted me to approve it. I said not without documentation as my experience with them had not been favorable as well.

Bait and Switch. So I received a pre-approved loan offer. So I decided to apply as I wanted to combined into 1 payment. My credit is fair not great but not bad. They denied the application and push you into debt settlement program. I have no need or desire for that just was looking to combine a few things into 1 payment. To have them try this was very deceiving and not reputable. Just be aware as they do a hard inquiry on your credit.

So. ANCA (A New Credit America). I received a "Your Pre-Qualified" Debt Away Loan in the mail. Filled it out online, I get a hard inquiry on my credit report. They can't help with a loan, but they were willing to "Help Me" like when I signed up with their "Partner" Clear One Advantage. I told them "NO THANK YOU"! Robin Hood in reverse!!

I got my loan with New Credit America through my debt relief firm. At first, it sounded too good to be true. But I have seen that it works. All my debt was paid off and the collections calls stopped. My credit score is even improving.

I signed up for debt consolidation because my credit card payments were getting too high. I was not late or behind on my payments until signing up with New Credit America. Apparently they let it go to the point that 1 of my creditors got a judgment against me which is negatively impacting my credit. The company that got the judgement was paid off but the judgement has not been removed from my credit and when I called to ask New Credit America about this they said it's my responsibility to dispute it to have it removed from my credit but at the time I signed up I was told that they would help monitor my credit to make sure things like this did not happen so that is not true.

What does PRE-QUALIFIED mean??? It means they get all your information, turn you down for the loan you were non-qualified for then offer you some crap and a debt settlement offer they have. Do not fall for this bunch of lies!

It is funny how they state on their website "Don't worry, we know your credit situation may not be perfect." SO you send a mailing to people that you think could qualify for the loan after entering in you SS #, routing and account number and password to my back to verify bank account and then deny the person... Seems like they just want your info for whatever reason. You dont need the bank info to run the darn credit report to be able to tell if qualified or not, that should come after. Why would someone with perfect credit apply for a high interest rate loan to begin with, so yes, people that are actually in debt and need the help they deny.

I first received a pre approved letter from NCA stating that I was eligible for a loan to take care of my debt. I thought it was a joke. I applied and then I was asked to give them 2 months worth of bank statements. That made me cautious about them. I sent it in anyway and it did take a few weeks as I was told it would. As of today they paid off 12 accounts and the day after, my credit score began rising. I thought it was a joke but it turned out to be the real thing. Thanks NCA.