Rapid Unsecured Loans review: false claims and scam artists 20

Appalling. I am forced to pay for a service I don't use so it is appalling value for money. They are unoriginal and the corporation as a whole is totally biased. Appalling company which should be avoided at all costs.

So, now I'm screwed and have to struggle for refund of my money. These people are the lowest of the low, the scummiest scum of the Earth. Run far, far away from these con artists!

Customer service has a Great Wall in between them and the "business team" who will take 3 business days to get back to them so that they can answer questions and solve problems. For a company that can give you a loan in 10 minutes, 3 business days seems like a bit much. They call themselves a "technology company" which means they are just collecting all your data and pretending to be a loan company.

The deposit you put down is COMPLETELY NON REFUNDABLE if for ANY reason your loan does not go through. The agent might not be clear about this, BUT no matter what they will NOT give it back. Even if they find proof that the agent was NOT clear about the terms they still will not give it back! VERY bad business practices going on here. The agents are also NOT very well trained. Several big errors on the part of the agents that are supposed to be serving you. Do NOT use them!

I SINCERELY WISH THAT MY REVIEW OF THIS COMPANY COULD BE AS GLOWING AS SOME OF THE OTHERS. I strongly feel that I'd be in the midst of legal proceedings against this company if it hadn't been for her help. BUT I'm still sitting in a holding pattern...since November 16, 2018. Disappointed and frustrated.

Rapid Unsecured "loan" will destroy your business with dizzying rapidity if you are not careful. Do not take the bait. It is poison for your business.

I guess I have to give them 1 star, as there are no zero starts.

I contacted them about a loan for our business. Explained that we are moving our offshore business onshore, etc. Got my approval in 1 day, WOW this is great...but noooo.

They sent the verification, funds will be there in 1 to 3 days, great news. Then the next day they get back and say "We cancelled your loan." Why? Because you have not been in business in the US for a year.

Okay...but I told you that. Then my customer rep called and gave some lame excuse about the loans are approved by a machine and then a real person looks at it, and when that happened they canceled it as they realized the mistake.

Unless you've truly exhausted all lending options, do not do business with this company. Their rates are absolutely insane, even if your credit score is phenomena(which ours was) the rates are astronomical. They dangle no pre-payment penalties in front of prospective business customers, but the devil s in the details. Their loans are all loaded up front with huge fees and those fees only drop significantly towards the end of the loan term. Should you choose to make a significant payment on your loan (like we did after one month), they use those monies to pay off the months at the end of your term FIRST and work backwards. The backend payments have fees that are significantly less

It seemed that I met their basic requirements of annual revenue, credit score, and time of business but it took nearly a month for them to provide me with a very vague rejection. During that time, I kept calling and was told over and over again that they would call back that day or the next, and they never did. Or they would ask for something that I wasn't sure would be helpful, but I would qualify that, send what they needed, and then ended up waiting even more. I realize they are advertising a holistic review and would likely want to be thorough, but then that warrants better response times and an actual response to why something is rejected. In other words, it should not take a month to provide that type of answer especially when, in that time, I could have gone elsewhere or improved whatever it was they needed me to improve.

If you want to get you money taken and the runaround call these guys and let them take your money. They will never pick up the call from you after you pay them

Act carefully! We were "sold" financing through a third party and ended up being financed through an other company. The terms were very disadvantageous. We would be interested in knowing if there have ever been any predatory lending investigations against this lender.

Thy did not helped me and funded me. All staff are so rude and trying not to help. Worst services ever, not going to recommend this to anyone. They will ask you to pay their service fee so they can help you get funded. And once you pay them the amount they will start ignoring you. There sales team are professional Scam Artists will sell you dreams.

Repeated emails and documents kept being sent after only inquiring about information, with really rude replies when I asked to be unsubscribed from their list. Will never, ever use their services.

I found the capital gaining process very confusing at Rapidunsecuredloans. I couldn’t really understand what the process was about and thus chose not to deal with this company again.

Some representatives at Rapid Unsecured Loans make false promises an commit unrealistically. Their process is simple but they lose the clients by not satisfying the impractical commitments they have set with the clients.

"Act carefully! We were ""sold"" financing through a third party and ended up being financed through Rapidunsecuredloans.com. The terms were very disadvantageous. We would be interested in knowing if there have ever been any predatory lending investigations against this lender.

The sales department is a mess. They say they want you to advance but if you do not have that brown-noser mentality they pass you up despite performing well at your job. The managers were toxic and verbally abusive. My fellow co-workers ere afraid to leave their desk for lunch. Thy push the sales team to meet certain numbers while chastising them for setting unrealistic expectations to begin with.

This place is a complete scam. Originally called to sign up my fiancé and the enrollment person informed me we could sign up together at a discounted rate of 119 in stead of just paying 100$ for him by himself. THATS ALL HE SAID. the next month I got charged 239$. When i called they refused to refund insisting i was a liar and their enrollment reps are scripted so he did in fact tel me this. They charged me another 80$ to cancel and refused to let me cancel my fiancees account that get billed to MY CREDIT CARD. Oh and i had to call in and finish my own dispute for the nearly 319$... they basically robbed me of.

Very poor sales approach. Rude and abrasive sales person named Steve. Telling me negative stuff about my credit and laughing at me when I told him my bank is considering a SBA loan. Very unprofessional. For that reason, I highly recommend everyone to stay away from them. No people got skills!

I suggest for them to be specific on their minimum requirements before future clients apply and send bank statements. I was told to email bank statements, which took a very long time, to then receive an email from a rep stating that their minimum requirement is $8500 a month in deposits. I was only requesting a $5000 loan as a start up. Just a waste of time. The website should be update it and state the minimum requirements, unless they are basing this client by client, which is not ethical.