Loan Lender Financial review: Should you apply?

Is Loan Lender Financial legitimate?

We can’t say this lender is legitimate for a few key reasons. At the time of writing, our research into Loan Lender Financial raised the following concerns.

• Not listed in Canada’s Business Registries. We couldn’t find Loan Lender Financial listed in Canada’s Business Registries or the Quebec business registry.
• Limited information. There’s minimal information on the Loan Lender Financial website about factors like loan amounts, loan terms, interest rates and fees. You’re encouraged to fill out an application and provide a wide range of personal information, but there are limited details about the type of loan you can apply for.
• Missing policies. We couldn’t find some of the key features you’d expect to find on the website of a legitimate provider, such as a privacy policy or terms of use.
• No online reviews. We couldn’t find any online reviews for Loan Lender Financial.
• Not a lender. The Loan Lender Financial website says it works with lending partners to help you find a loan, but we couldn’t find any information about who those partners are.
• Low ScamAdviser score. ScamAdviser gives loanlenderfinancial.com a low Trustscore of 40/100.
• Not BBB accredited. We couldn’t find a Better Business Bureau profile for Loan Lender Financial, let alone BBB accreditation.

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What do reviews say about Loan Lender Financial?

Unfortunately, we couldn’t find any Loan Lender Financial reviews online.

What is the Loan Lender Financial application process like?

The Loan Lender Financial application currently has the following steps. Keep in mind that it requires personal information from you.

1. Visit the Loan Lender Financial website and select Apply Online.
2. Enter your name, date of birth, address and contact information.
3. Enter your employment details, net monthly income and Social Insurance Number.
4. Specify your housing status and your monthly mortgage or rent payment.
5. Enter your desired loan amount and the purpose of the loan.
6. Loan Lender Financial will phone you to let you know whether you’ve been approved for a loan.
7. If you’re approved, the money will typically be sent to your bank account within 24 hours.

Features of Loan Lender Financial

• No credit checks. You can apply for funding from Loan Lender Financial without completing a credit check. Learn more about no credit check loans.
• Bad credit is okay. Loan Lender Financial says it specializes in loans for people with bad credit. Learn more about the best bad credit loans.
• Quick and easy application. It takes about five minutes to fill out an online application for a Loan Lender Financial loan, and you can apply 24/7.
• Get funded within 24 hours. If you’re approved for a loan, you’ll typically receive the funds in your bank account within 24 hours.
• Accepts self-employment income. You can apply for a loan if you earn income from self-employment.
• Loan types. As well as personal loans and debt consolidation loans, Loan Lender Financial says it offers mortgages and business loans.

What to watch out for

• We’re not sure they’re legit. As mentioned above, we’re not willing to sign off on the legitimacy of Loan Lender Financial for a few key reasons.
• High rates for bad credit. Borrowers who have bad credit will typically have to settle for high loan interest rates.
• Fees. While there are no fee details listed on the Loan Lender Financial website, you’ll need to watch out for loan fees and brokerage charges, should you choose to proceed with this provider.
• Not a lender. According to its website, Loan Lender Financial is not a lender but works instead with lending partners. This means that you’ll be dealing with a third-party lender when repaying your loan.

Bottom line

Proceed with caution if you’re thinking of applying for funding through Loan Lender Financial. With limited information online and no customer reviews, we’re not able to sign off on the legitimacy of this provider. So if you need a loan, compare a range of other lenders before deciding where to apply.

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