SpliteroReviews of splitero.com

This company states only needs a 500 credit score but I think it is a bunch of hogwash if you ask me. We thought that this would be our second chance but we were wrong. There is no reason why we wouldn’t have qualified. I have a lot of equity in my home and my home is worth about 720,000. I guess it’s their loss not really ours. We will go with another company. Skip this time and go somewhere else. You won’t be sorry.

Splitero agreements are one sided in their favor. When you sell your home, their agreements allow them to calculate a market value of your home that is greater than what your sales price. They select what sources they want to use to support their market value and you do not have any control of it nor is it transparent. They have a dispute clause in their agreement; however, they have complete control over that too. These are complex and difficult to understand. Once you sign with them you have lost control over the outcome.

They said they could help, then I gave them my financial information and waited on thier messages, phone calls, and texts only to be told I was disqualified right at the end for having an old roof. Isn't home improvements one big reason people get these types of loans? This I'm told this after I already promised loved ones that I was going to repay them for the help they gave me over the years. The other reason they gave me was that the terms of my existing mortgage was 40 years and they only do 30 year loans.Why does that matter if their balloon payment at the end is set at 26 years? Like they didn't know my existing mortgage terms from seeing my mortgage statement at the beginning of the process? They are financial information harvesters is what I now believe. Steer clear, a waste of time, disconcerting, predatorial, and disrespectful. People if you have bad credit because you were too poor to meet your obligations at some point, just be poor and dont give the greedy your personal info so that they can forecast how to screw in the future. America was founded by debtor revolutionists.

They could check your equity without running a credit report only to tell you can't help. Waste of time. Worthless Their reply a joke. Don't waste your time with them.

I was targeted excessively to engage in the program. I end up applying and get accepted. During the lengthy process, things get passed to an outside title agency who started playing games with every document submitted. They do not care about you and your cause. Just making money. Watch the youtube videos and look them up on reddit, X, and Facebook. Much more details there. If I can give negative stars, they would get it.

I have been made to watch their commercials constantly. It’s torture Please stop splitero with your name-recognition ad buys.

Predatory.

Please read the terms of the loan. They wanted to buy a 22% interest in our house. The offer was them paying roughly 11% and keeping the other 11% which was pure profit.