Credibly Reviews
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Victor Santucci1I would not recommend this business as they target small business who is struggling with cash flow and offer an MCA loan with high weekly payments. They overleverage the small business and actually create even more cash flow issues for the business. Stay away from any company offering MCA they are all preditory lenders
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Renee Smith5Credibly has been nothing but awesome to work with. Process was easy and painless and you are funded in days. When you can not get a typical loan, you want this place!
Response from the ownerThank you Renee for the 5 star review! Quick and easy lending is what we do best and we are thrilled you found your experience to be just that. We wish you much success with your business, The Credibly Team.
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Dianna Dapkins1DO NOT APPLY FOR THE PAYROLL PROTECTION PROGRAM LOAN WITH CREDIBLY. I spent 90 minutes filling out the form, uploading SENSITIVE information about my business only to find AFTER I submitted it that they are not yet an approved lender of the SBA, but are instead an "Additional Lender". This should have been front and center on the first page of the application process. Deceptive and useless tactic because you can only submit one application so why get in queue behind thousands of other lenders at this crisis driven point in time? Why didn't Credibly become an approved SBA lender years ago? Wall Street money was cheaper and easier? Who knows. Just don't waste your precious time on this company.
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Margie Montes1DO NOT USE FOR LOANS!!! Applied for PPP loan mid April received SBA approval 4/30 and cancelled my application without anymore notice on 5/20... Received a FB message asking me to cancel and then push me off to Liberty SBF who was all of a sudden my lender. Ridiculous Circus!! And I’m not the only one. You will be seeing more reviews like this soon.
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Tracey Gordon1Credibly is a very bad company. They don't honor their early payoff discount as promised. I paid off my loan 5 months early and they still charges me in full their interest rate. Customer service is deplorable. They screen phone calls and don't return voicemails. Please stay away from this company. It was not worth it.
Response from the ownerHello Tracey, We are sorry to hear that your experience with our company was not favorable. We take your comments very seriously and will investigate the issues of our customer service as you describe. To be eligible for the early payoff discount, clients must pay prior to the specified repayment date and there must not have been any Events of Default throughout the payback period. Unfortunately, you were not eligible as there was a missed payment and the Prepayment Request was not executed prior to the specified repayment date. We're happy to discuss the case in further detail at your convenience. To do so, please give us a call at (888) 644-1444. All the best, Credibly
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Erica Suppa (Fresh Faced Skin Care)2Not a great experience trying to get funding for a small business. Very long process, very particular and specific with what documentation they needed, so that added to the time-frame, and overall got funding much quicker and easier elsewhere. I recommend looking at other places for financing.
Response from the ownerErica, We're sorry to hear about your experience. We place an emphasis on speed, effectiveness, and transparency and to hear that your experience did not live up to this standard is upsetting. We understand that business owners are busy people, so to pre-qualify, we only require your most 3 recent months of bank statements and some basic contact info, which should only take a matter of minutes. We're sorry that this was not the case for you and we apologize for any inconvenience you may have experienced. To your success, Credibly
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FAQs
1. How Can I Reach Out to Credibly?
They Can Be Contacted through the phone number +1 888-664-1444. You may also visit their website and submit your personal info.3. How Do I Apply for A Loan at Credibly?
Simply submit your personal info on their website. If you feel like learning about other possible solutions, take a look at instant installment loans provided through a trusted online broker.5. What Am I Supposed to Do if I Cannot Pay Back My Loan?
Contact the lender and reach an agreement in advance. You should know, however, if it"s an auto title loan, your car will be kept by the lender when you default.
2. What Is the Address of Credibly? How Can Find It?
The address of Credibly is 270 Madison Ave Suite 1406, New York, NY 10016, United States. Use an online map to guide yourself there.4. Is Credibly an Agency or a Lender?
Credibly is a Financial institution that gives different kinds of loans. Click here to learn about various types of loans including personal loans.6. Can I Obtain a Loan From Credibly With A Poor Credit Rating?
Yes, you can. But peruse the conditions and terms as there can be unfair conditions when it comes to bad credit loans.