Is Rocket Loans legit?

Rocket Loans is a legitimate lender that offers fixed-rate, unsecured personal loans. It is an online-only lender that offers pre-qualification with no credit score impact.

What is Rocket Loans?

Rocket Loans is an online personal loans lender based in Detroit that offers loans up to $45,000 to borrowers in 47 U.S. states (not available in Nevada, Iowa and West Virginia). Personal loans can be used for almost any reason, including solar financing, debt consolidation and other personal expenses. Same-day funding is available in some instances.

It is part of Rocket Companies, which offers a wide range of financial products including mortgages and auto financing.

What consumers say about Rocket Loans

This company does not currently have any reviews from ConsumerAffairs readers. However, it’s important to research what other borrowers think about the company, so make sure you read reviews and feedback from other resources.

If you have had an experience with Rocket Loans, positive or negative, and would like to share it with us, you can do so here.

Is Rocket Loans a scam?

Rocket Loans is an online lender providing unsecured personal loans to qualified borrowers. It is transparent about its lending practices and borrower requirements. Rocket Loans is highly rated by users on other sites and is not a known scam (as of 3/2/2023). 

Additionally, there were no Consumer Finance Protection Bureau (CFPB) or enforcement actions filed against Rocket Loans in 2022, and there are no pending lawsuits or civil actions against the company (as of this writing).

Rocket Loans information

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