New Credit America Reviews

My wife and I had been married only for a year when I realized that she (we) were in deep debt with high interest rates on a few business and personal accounts. NCA had taken over the original consolidation loan we applied for and although the interest rate was higher than I had experienced before, I understood the risk that a loan institution takes to fund a loan for person(s) with medium or low credit scores. I made this a joint decision and although my credit score took a hit, I expected it. NCA was easy to work with and I had been laid off and requested a pause for a month while I secured a new job. In minutes of my request, it was done with no penalty. Picked up the following month and just paid it off early. I would recommend NCA to anyone who has financial issues.

When I contacted New Credit America, they promised that my credit score would not be affected if we consolidated out debt. At the time, we had good credit, we had purchase power. I wanted to pay everything off in a short amount of time, (they est 4 yrs) so we consolidated. The shoe fell. They waited 3 months and in some cases 6 months to contact the merchant regarding consolidation. We were receiving call and letters from our creditors. We paid off the debt off within two years however, our credit scores not only hit bottom, all of the creditors remarked that the accounts were either paid via program or charged off. This is so disappointing because the plan was to purchase a new home, leave a legacy for our 4 children. Those dreams are gone. We can't apply for credit for 7 years! I am 67 years old and in 7 years I may not be alive! Your company staff lied to us!

They wanted to consolidate all my credit cards. They worked with them by negotiating them. Then the shoe dropped. They wanted to loan me 31,000 over 5 yr and the payments each month would be 935.00. 935 x 5 yr = 56,000! That means they are making 25,000 off of me. Thank God I did not sign the contract. I am on a fixed income with a disabled husband. I guess they think that I can’t use a calculator.

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.