Mary
BEWARE: The high interest rate on the loans are…
The high interest rate on the loans are ridiculous HIGH. 🙄 I recommend that customers think very hard before you take out a loan. I am greatful that I can pay it off before the first payment is due. My loan was $1500, I paid it early and paid $1823. If I waited to pay if on the due date it would have been $2300+ to pay in full or $824 payment that would increase the next month to $1400+, which is more than the loan. Its not worth it.
Response from LevelUp FundingNov 28, 2024
Hi Mary, Thank you for sharing your experience. We’re sorry to hear that you were dissatisfied with the service you received. The loan details, including the APR, payment amount and due dates, were included in the loan agreement you signed before origination. We provide alternative payment options that may help to reduce the overall cost of our personal installment loans. You have the option to (1) pay off the loan early without any prepayment penalties to save on interest or (2) make additional payments toward the principal, which can also reduce interest and shorten the loan term. To ensure your privacy, we cannot discuss personal installment loans account details here. If you have any questions or need assistance in the future, don’t hesitate to reach out to us anytime at [email protected] or call us at 833-715-1813. Best regards, The Level Up Funding Team