LendistryReviews of lendistry.com

Beware of tactics by their partners. Got qualified for SBA and two conventional loans for our business. Then they wanted an additional 5k on top of Lendistry fees which was already 10l plus. I knew something wasn’t right so I called them directly and was told the fees are already included. Then I had to resubmit all info and docs to receive totally different loans but supplied the same exact info as before. Then they asked questions regarding the other company called Block Equity Group which I explained everything that has transpired. Got an approved loan and then two days later told sorry no deal here. Not only did I almost get robbed by their partner but then also told no deal after already being approved. This is not a company you want to do business with if they choose clients being extorted for thousands of dollars. To me it seems they chose the partner that gets them millions in SBA funding over the family owned and operated company needing funding to grow. You have been warned. I wonder how many other clients fell for their partners tricks.

Lendistry may be a good company but I have a problem with them. My company closed in January of this year and they continue to send me email solicitations. I replied to and said the company no longer exists but it turns out that no one reviews those emails. All other communication channels I am aware of are loan applications or a variant. I am leaving this review--without commenting on their services--to alert them to the nuisance the are causing me and, no doubt, others.

I would absolutely never use lendistry again. Between the hidden fees and sudden changes of interest rates as soon as you apply for the loan, they have added fees they do all this after they do a hard draw on your credit so that you feel stuck with them all of a sudden after they pulled your credit, the fee start adding up the terms of the loan change. I wound up having to apply for $55,000 because of the way they do things they claimed 15% interest they changed it to 20% interest. They charged me $3000 for processing the loan which they took out of the 55,000 instead of wrapping it into the payments so I only received 52,000. I have to pay interest on the $3000 that they took out of my funds the day after I received the funds which took almost 2 months to get I have to give them $3000 back for my first payment. This means that I borrowed $49,000 and have to pay them back well over $75,000.Dollars. Trickery lies and predation. I would never advise anyone use this company.

The application process went okay, but then it took over a week to get the funds after the closing. Unfortunately, then the experience afterwards is terrible. Their website is clunky and does not allow you to interact. They lock your loan into autopay and i finally got them to remove it when we were managing cash tightly and as soon as i made a payment they put it back. Forget trying to talk to someone on the phone. you will be on hold forever.

I’d give them 0 stars if possible. A rep named Ethan had mistaken me for his customer. He got an incorrect phone number. I didn’t apply for a loan and by mistake he kept contacting me over the past few weeks. I simply wrote to please stop texting & calling because he was relentless. I wanted to make sure he knew of his error. Sadly this representative used incredibly inappropriate language in his text, which was shocking to read. Hopefully Ethan’s manager can sit down with him and explain proper communication in the corporate world. He might be fresh out of college and just hadn’t been properly trained. I showed this text to numerous people and everyone agreed it was inappropriate and unprofessional. Sadly his actions could impact this company’s bottom line.

Everything, the people who communicated with me did not know the documents and what they meant they asked for things that were irrelevant could not provide anything to back up their request, even on the date of closing or after the documents were signed they messed up the bank transfer account numbers even though everything was verified over the course of the loan, could not read or understand the taxes, and were asking for irrelevant information

false narative .title 15 violation . lender/borweer false narative lies / deception

Very helpfull and always giving you right information.