Balboa CapitalReviews of balboacapital.com

Balboa is a scam company!! They tell you they'll give you a loan at one rate, then send you paperwork with a completely different much higher rate that's not even stated. They will not provide an amortization table or even tell you your principle balance at any given time. I have logged a complaint with California authorities and will also be filing a lawsuite. Stay away from them!!!!

They are the worst finance company ever once you get the financing through them they disappear, and they do not react when you need help I asked for a form over a month ago, which is required to register my vehicle in the state that I live in and they haven't signed it yet or even responded and when I call they don't respond and they put me on hold for long periods of time. If you want a company that you could trust and rely on, this is not the company for you find other financing options because they only look at you as a piece of paper and a number. As long as they get paid, they don't care that you cannot register the vehicle without the paperwork that they are required to sign for you to register it. They will still get their money, but you will not be able to drive the vehicle that you are paying for.

Totally agree with all of the one star review especially Dr carton. I am sorry, it happened to me too. They charge for insurance and unable to reach them to correct. They way overcharge with high interest a total scam. They pray on medical field.

These people are bottom feeders. Used them to finance a cosmetic machine and all was well for first two years and then the pandemic hit. My office is in Manhattan and was closed for 6 months in 2020. I couldn't make payments and offered to pay them less over a longer time and they refused to negotiate. I continued to pay them 50% EVERY MONTH and they sued me!! And now got a ridiculous judgement for late fees, legal fees etc. All along they refused to listen to reason. What kind of people do this in a pandemic?? Had it not been for the pandemic this would not have happened. In NYC we, the medical workers (I'm a primary care physician) were putting our lives on the line trying to help people during the pandemic. We didn't ask for money, we just did it. But these people don't care. All they care about is money no matter what the extenuating circumstances. Shame on you!!! Cathy Carron MD

The worst financing company I’ve ever Ed worked with. The keep charging me double my financing stating insurance deficiencies even after I sent them proof of insurance.

Running insurance scams. Beware they charged me an extra $1050/ month for an insurance fee for not having insurance. I showed them proof of insurance with no lapse in coverage... they NEVER contacted me to tell me they had an expired certificate and I didn't know my broker didn't send over the new policy. I got charged 4 months that's over $4,000... crystal in the insurance department REFUSED to work on adjusting any of the charges at all. I told her this is a huge hit on my company we are already paying outrageous interest with them and she said she was the highest person anyone could talk to and she was not removing a single charge!!! I'm beyond outraged I am almost thinking about defaulting on the bus and letting them have the bus back. Has a Max force engine that's shot anyway. They can have it!! TERRIBLE CUSTOMER SERVICE!!!

I gave Balboa a try after many years of them calling for our business, I regret that decision. Poor experience all together from the company and the sales person, delay after delay in funding, lack of communication, erroneous payments charged to the wrong account, long holds and dropped calls from customer service. Never again, look elsewhere.

All these five star reviews must be made up. A google search will reveal countless court cases against balboa. I have paid more than twice the amount of my initial financing. They use shady practices. Including bait and switch. We discussed and I intended upon a an EFA and when it came time to sign it was a lease. I had already signed an EFA for another machine and wanted the same terms on a similarly priced machine a year later. Now I’m 3 years in paying 16 quarterly payments when it was supposed to be 8 and they still say I need to buy it out at fair market value.