Lendio Review | How They Scam | Business Loan | Tried To Rip Me Off With 80% Interest APR | 2020
This is an honest real Lendio Review. This my real story about how I applied with Lendio in October of 2020 with the intent of obtaining a business loan. In this Lendio Review I demonstrate their false advertising and their blatant disregard for FTC rules. If you apply to Lendio be prepared to get Spam emails and phone calls from loan sharks across the country. Lendio will sell your info to all of them, all of your personal detailed info. DO NOT provide Lendio your valuable business information.
Lendio is NOT an SBA lender. They are a lead generator and will sell your valuable information. I repeat they are a lead generator who provides leads to spammers and scammers.
In this Lendio review I discuss how they wanted to sell me on a loan with an APR exceeding 80%. Not only that the loan size was so small there was little I would be able to do with it. Please let me know your experience in an email or in the comments below. Good luck and have a great day.
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If you are looking at Lendio for a PPP loan I would look elsewhere. There are thousands of reviews on the internet how they really fail at processing the loans. They completely failed me and were a complete waste of time. I would try the bank you do business with.