What is Rocket Loans?
Rocket Loans is an online lender that offers personal loans up to $45,000 to borrowers in most U.S. states (exceptions are Iowa, Maryland, Nevada 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.
Rocket Loans company background
Rocket Loans is part of Detroit-based Rocket Companies, which offers a wide range of financial products. Aside from Rocket Loans, Rocket Companies brands include Rocket Mortgage, Redfin and Rocket Money, among others.
While its parent company formed in 1985 as Rock Financial, online-only personal loans lender Rocket Loans debuted in 2016. Rocket Companies became a publicly-traded entity four years later, in August 2020.
Rocket Loans customer reviews and ratings
As of publishing, Rocket Loans doesn’t have many reviews from ConsumerAffairs readers. 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.
It’s important to research what other borrowers think about the company, so be sure you read reviews and get feedback from other resources. If you know someone who has used Rocket Loans, ask them about the user experience. The more you know about each lender you’re considering, the more confident you can be in making the right decision for you.
Is Rocket Loans a scam?
No, 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 2/6/2026).
Additionally, there were no Consumer Financial Protection Bureau (CFPB) or enforcement actions filed against Rocket Loans in 2025. There are no pending lawsuits or civil actions specifically against Rocket Loans as of this writing, though its parent company, Rocket Companies, was named as a defendant in a class-action lawsuit in January 2026.
Rocket Loans information
| Age of business | 41 years (Rocket Companies), 10 years (Rocket Loans) |
|---|---|
| Year founded | 1985 (Rocket Companies), 2016 (Rocket Loans) |
| Headquarters | 1050 Woodward Ave., Detroit, MI 48226 |
| Phone Number(s) | (800) 333-7625 |
| Support@RocketLoans.com | |
| Website | https://www.rocketloans.com/ |
| Is website secure? | Yes |
| Forms of contact available | Phone, email, mail |
| Trade organization membership | — |
| States of operation | 46 states |
