Main Source Funding Review: Is It A Scam Or Legit? Read This Review First

Main Source Funding is a company that works with a network of independent lenders who may be able to provide you with the credit you need. They don’t lend money themselves, but they can put you in touch with a lender who can. They offer their services through mainsourcefunding.com.

Main Source Funding Summary

Are you in need of a personal loan? You may have heard of Main Source Funding and are wondering what they are all about. Let’s take a closer look so you can make an informed decision.

If you’re in need of a personal and in the market for a lender, you may have heard of Main Source Funding. We took an in-depth look at this company to find out what they are all about and help you make an informed decision.

Our investigation uncovered some interesting facts about their website and terms and conditions. Here are some of the things we found:

• Main Source Funding is not a lending institution and does not engage in any lending activities.
• A lender may choose not to give you a loan if, after reviewing your application, they feel you no longer meet the eligibility requirements.
• Annual Percentage Rates (APR) range from 2.92% (AAA) to 4.99% (DD+).
• To qualify for an AAA Main Source Funding rate, you must have excellent credit and meet other conditions.
• Main Source Funding does not provide services to residents of South Dakota.

What is Main Source Funding?

Do you need a loan? Are you struggling to get credit? Let Main Source Funding help. They work with a network of independent lenders who can provide the financing you need. Whether you’re consolidating debt or taking out a personal loan, they can assist you. Visit their website today to learn more.

Main Source Funding is located at 101 S Reid St # 307 Sioux Falls, SD and has been in business for over 6 years. You can reach them by calling (888) 380-5760.

According to the Better Business Bureau (BBB), Main Source Funding has a rating of B-. However, this business is not accredited by BBB. They have an average of 2 customer reviews and 1 complaint closed in the last 3 years.

How does Main Source Funding work?

Do you need money for a large purchase, but don’t want to go through a bank? You may be able to get the funds you need through peer-to-peer lending.

At Main Source Funding, they work by connecting borrowers with a network of independent lenders. They’ll review your information and, provided you meet our criteria, attempt to match you with one or more of these lenders.

Loan laws differ from state to state, so customers may qualify for loans of varying amounts and terms. Creditworthiness can also affect these factors.

How to qualify for Main Source Funding?

At Main Source Funding, they offer a free consultation and a quick approval process. All you need to do is fill out our online form and provide some basic information about your financial history and employment status. Once your application has been reviewed, one of our team members will determine whether or not you qualify for an account. Creditor approval is based on several factors, but ultimately it comes down to whether or not they believe you will be able to repay what you borrow.

Main Source Funding BBB Reviews

Main Source Funding has been given a B- rating by the BBB but is not accredited by them. In customer reviews and complaints over the last three years, they have averaged 2 and 1 respectively.

Here are some reviews:

Kim L 12/02/2019

Great experience! Helped me get a ton of my unsecured credit card debt consolidated and I’m saving a few hundred a month now on my overall debt which means I’ll be debt free in less than two years. I’m really happy I chose Pacific National Funding as my debt relief partner and I’d definitely recommend them to anyone looking to save a few extra bucks (or a lot, as was in my case) each month! My credit wasn’t great and I DID respond to an offer of credit, which they walked me through getting approved for.

I suppose I’d be bitter also if I got an offer in the mail and then wasn’t qualified but that wasn’t my experience at all. I most definitely would recommend anyone looking to lower their payments with a personal loan to talk to Pacific First. I thought I was going to have to either do a settlement program or bankruptcy but thankfully they helped me secure financing so I should be out of debt a lot sooner than I ever expected.

I suggest you speak with them and their representatives since it doesn’t cost anything to get an evaluation of your financial situation and find out just exactly what you can qualify for. Saying ‘no thanks’ is free, and taking advantage of their skill and a great loan opportunity is priceless.

Main Source Funding FAQs

How much does Main Source Funding charge?

After an extensive search of the Main Source Funding website, it was difficult to find any information on how they receive payment. There is no mention of fees or how they generate income anywhere on their site.

Are there any pre-payment penalties?

Main Source Funding offers a variety of personal loans, each one with its unique terms and conditions. Some loans allow early repayment or overpayment, but others have strict payment schedules.

Does Main Source Funding affect your credit score?

Before you commit to a loan, it’s important to understand the potential impact on your credit score. A free consultation with a lender shouldn’t affect your score, but proceeding with the loan and allowing the lender to check your credit could lower it. Therefore, knowing the consequences of each step is crucial in managing your overall credit health.

How to cancel Main Source Funding?

Before taking out a personal loan, it is important to understand the terms and conditions. Money deposited into your account cannot be canceled or reversed, so only take out a loan when you are certain about it. Otherwise, you may end up in a difficult financial situation.

Do you find it hard to make your money last? Here is some advice that may help you get back on track.

• When you’re trying to save money, every penny counts. That’s why sticking to a budget is so important. By being mindful of your spending and knowing exactly where your money is going, you can avoid getting into a difficult financial situation.
• There are many benefits to speaking with a financial advisor. They can help you understand your options and make the best decisions for your unique circumstances and budget. Having this professional guidance can give you peace of mind and help you reach your financial goals.
• Contact their customer service department: They might be able to help set up a payment plan that is more comfortable for you.

Is Main Source Funding Legit or a Scam?

Mainsourcefunding.com is a company that provides access to personal loans and, after our research, we have given them a 2-star rating. They have a B- rating with the BBB, but they are not accredited by the organization.

When choosing a company to do business with, it is crucial that you investigate the businesses in depth and read customer reviews. By doing this, you can be confident that you are making the best decision for your needs.

Do you have any thoughts or experiences with Main Source Funding that you would like to share? Whether they were good or bad, we would love to hear about them in the comments below.

Thanks for reading!