A lot of people are struggling with debt consolidation, and it is important to work with a company that has a good reputation. Lift Lending reviews are hard to find online, so it can be difficult to determine what is true and what is not.
Our objective in this article is to determine if Point Break Financial is a legitimate company, as well as to discuss the pros and cons of using their services.
What is Lift Lending?
Using Lift Lending’s web-based platform, borrowers and lenders can connect. Lift Lending does not make or fund any product offerings, loans, or credit decisions. Your information will be securely submitted to a lender through the web platform. On the basis of the information you provide on Lift Lending’s website, Lift Lending cannot guarantee approval for any product.
- Unlike banks or financial institutions, Lift Lending doesn’t lend money.
- There are a number of independent lenders and debt relief companies with their own standards that Lift Lending works with.
- A loan’s amount, terms, and APR can be affected by an individual’s creditworthiness and state law.
- The amount of the loan may be subject to a minimum requirement depending on the state.
- After applying, a credit application may not be granted to those who do not meet the requirements anymore.
Lift Lending is not a direct lender, so you should consider several factors before you work with them. In addition, Lift Lending is not available in every state. You will not be able to use their services if you live in a state where they do not operate. They are essentially matching you with a lender who may or may not be able to provide you with the debt consolidation loan you require.
In addition, Lift Lending has received some negative reviews online from people who claim the company is a scam. Nevertheless, some people may not be satisfied with any service, and this does not necessarily mean that the company is fraudulent.
Pros and Cons of Lift Lending
The cons of using Lift Lending to consolidate your debt outweigh the pros. They are not lenders, so you will have to go through a third-party lender, which may be risky.
If you decide to use this company, make sure you fully understand the terms and conditions before signing anything.
If you are concerned about being scammed, it is better to refrain from consolidating debt with Lift Lending.
Reviews of Lift Lending
Considering the limited Lift Lending reviews available, it is a little challenging to know if Lift Lending is the right company for you. Therefore, we are writing this blog post to help you decide if Lift Lending is a good fit.
According to the BBB, Lift Lending has an A- rating, but there is no customer review.
They claim to have five-star ratings on Trustpilot and Google Reviews on one of their websites, apply.liftlending.com, but we were not able to find any evidence to support these claims.
It is important to do your research before making any final decisions about Lift Lending.
Is Lift Lending legit?
You should make sure that any debt relief company you are considering doing business with is legitimate by conducting research on them.
You should always take anything you read online with a grain of salt, but Lift Lending does not have a good reputation. They have also been dubbed “predatory” and “untrustworthy.”
We strongly recommend that you reconsider your decision if you are contemplating doing business with Lift Lending. In addition to these debt settlement companies, there are plenty of other companies that can provide you with the financial assistance you need without the negative connotations associated with them.