Megan B. Shepherd

2 days ago | finder.com | Christi Gorbett |Megan B. Shepherd

Is EnableLoans legit? Yes, EnableLoans is a legitimate loan provider, but it has several red flags. The first is its high APRs. As a tribal lender, EnableLoans can charge interest rates and fees way beyond what other lenders offer — around 723% or even higher, depending on your repayment terms.

2 days ago | finder.com | Megan B. Shepherd |Holly Jennings

"Taking out a hardship loan might make sense when the expense you’re facing is unavoidable and truly urgent. For example, if your car breaks down and it’s the only way you can get to work, then a short-term loan might actually help keep your income flowing. But if you’re borrowing just to keep up with lifestyle habits or to delay dealing with deeper financial problems, you’re probably just stacking another bill on top of the others.

3 days ago | finder.com | Lacey Stark |Megan B. Shepherd

Is Personify Financial legit? Yes, Personify Financial is a legitimate installment loan lender with an A+ rating on the Better Business Bureau (BBB) and hundreds of positive reviews. Loans are issued by either Personify Financial, a licensed lender, or First Electronic Bank, a Utah-chartered industrial bank, depending on where you live. It claims to have approved more than 440,000 loans to date. What makes Personify Financial shine?

3 days ago | finder.com | Christi Gorbett |Megan B. Shepherd

Is Point Break Financial legit? No, Point Break Financial doesn’t seem to be a legitimate loan matching service. Though it advertises loans up to $50,000 with APRs starting at 5.99%, there are no past customers who actually report getting a debt consolidation loan through the company. Instead, they accuse the company of using bait-and-switch tactics to enroll them in a debt settlement program.

4 days ago | finder.com | Lacey Stark |Megan B. Shepherd

Is FinnFox legit? Probably not. FinnFox doesn’t appear to do much more than sell your information to third parties who may or may not provide you with a loan. Legitimate loan connection services are usually more transparent and offer a range of rates and a list of requirements you’ll need to qualify. FinnFox also has some conflicting information on its website and awkward wording that raises red flags about its legitimacy.