Republic Finance
reviews and complaints

Republic Finance is a predatory lending company who preys on people who have little understanding about finance charges. For one they mislead individuals about the property insurance they offer. They call it dual insurance which is Greek to people like me living from pay check to pay check looking for a leg up. They tell you it's insurance used to cover damages or theft to the property being used for collateral. However, they neglect to advise you to add their name to your current homeowners or renters insurance policy which already covers the property. Come on now. The only way they'll be able to take ownership of the property being used for collateral is if you default on the loan.
The amount they charge you for the insurance is added on top of your actual loan which causes you to owe more than you should. At the end of your loan they will not reimburse you for the coverage. So, in a nutshell, they've racked up on insurance money and interest. That equals predatory lending all day long. Its bad enough they're able to charge you a high interest rate regardless of your credit score.
They will lend you money when the bank won't which is the only good thing about it. And you can avoid all the interest by paying more than the minimum payment.

hello
I am sending you this message because I don't have a phone I recently got a summons to appear in small claims court to pay the remainder of my loan in 30 days there is no way I will have 1343.39 by the 30 day deadline. I did not mean to stop paying my payments I have had a lot of family issues lately I forgot to pay my payments. my daughters husband left her and my grandson and I have been trying to help her from becoming homeless with my grandson who has downsyndrome and has special needs. if there is any way I can pay 2 payments and catch up on my payments, because if I don't get the balance by the court date I guess you will have to put me in jail and if that happens me and my daughter along with my grandson will all be homeless. im not concerned about myself im worried about my daughter and her son which he needs different theropies and he has also had open heart surgery when he was 5 months old so he has to see his doctors. I pray there is a way I can get this straightend out and get my payments caught up.

thank you

paula lavalouis

Company is a high interest rate loan shark organization that is very aggressive with collections even if the payments are not past due. They call me at work during business hours and want to have long winded conversations. They begin calling on the 1st or 2nd day of the month and when I tell them exactly when I will pay it doesn't faze them, they will call continually throughout the month and even multiple times a day. Finally, once I tell them when I am going to pay I have to ignore the many badgering calls in order to get any work done. The work that needs to be done for me to be able to keep my job so that I will be able to pay the bill they are badgering me about. Keep in mind I have never been over 30 days past due in 22 months. Oh my favorite was after about 4 months from the initial loan they were calling trying to get me to refinance it which I did they neglected to tell me until the very end of the transaction the new loan was at a much higher rate. These are classic loan shark practices and if those practices are not against the law, they should be. I wish I had NEVER started doing business with Republic Finance, and I am counting the days until this loan is paid in full. I originally used the money for my honeymoon but I should have tried other measures to pay for it. Dealing with these people has been nothing but a nightmare.