Here you will be able to see all the reviews of people like you who are using the products of Loan Away (Loan Agency) near to the territory of Labrador City (Canada).
To this day the firm receives a rating of 2.8 over 5 and this score was based on 127 reviews.
You must have seen that it has an average rating is discreet, neither too high nor too low, and it is founded on a very large number of feddbacks, so we may be quite sure that the evaluation is quite credible. If people have bothered to give their opinion when they are pleased, is that it works.
You know that we don't usually bother to write opinions when these are correct and we usually do it only if we've had a problem or incidence...
This Loan Agency corresponds to the category of Financial institution.
Beware people of extra surprise charges. There app is not accurate and collections not pandemic friendly.
Disgusting business practices. I am a facebook friend of someone using their services and they message your friends list demanding that you contact the person and relay their messages. I asked them several times not to contact me regarding personal matters of Facebook acquaintances and they are persistent. I called the company to discuss with a manager and was brushed off. I wouldnt even give them a 1 star if it wasn't mandatory.
Received an email saying my loan application was approved but they just needed 30 day bank statement and info I had already sent them the day before funsing my loan. I sent all required documents then they asked for 90 day statement. I work full time. Have been paying all my bills on time then I get an emailing saying you don't meet our criteria. With no reply as to why I don't meet their criteria. Terrible company.
No problem with loan or service but don't be talked into insurance, got a $3000 loan and in 12 months I have paid $2550 to loanaway and only have paid $500 off of the principal and $1250 to insurance and the rest has been interest which I understand, but that insurance is crazy. It was not a problem to cancel the insurance with a quick call, they just make you think its not an option when you get the loan.
I am finally happy with Loan Away! Since my last loan, they have made many improvements in the system and the application process. 2 years ago it was almost impossible to contact their customer service department and get some help. Now, I applied for my second loan ($4000), was approved, and got my money in 2 days! Thanks for your services. 5/5!
This company is rude and has no regard for sharing personal information to people who have no business in your business. I would NEVER recommend this company to anyone. I am actually in the process of making a formal complaint to the ministry if they cannot come to me with an appropriate way to rectify this error. NEVER use this company.
Terrible company. Do not trust them. charging money and not sending. Customer service never answering
great to hear they have recently added a second mortgage option. Personal loans - are good! Took one 1 year ago. Applying for second mortgage now.
Loved the customer service and their quick response on my requests. Rowena was extremely helpful n pleasant to work with on the phone, and she made sure everything was taken care by the end of the call, thank you very much Rowena, mam you are the best!
If you are looking forward to applying for a loan with this company, ask Jane. She is the best customer service person to deal with. Knowledgeable, polite, and very friendly. She helped set up my new account and explained me different payment options. Jane you are the best! Thanks for helping me out. Respect your help
I needed an urgent loan but my bank application was cancelled due to my bad credit score. My friend told me about Loan Away and I gave it a shot. Filled up an application online and shortly got a call from their support. Mark was a very polite and knowledgeable agent, who helped me to proceed and I was approved.
It would be nice if someone from the company would answer their phone. My husband has tried for a week to get a question answered on the phone. NO ONE is there. Seems pretty fishy to me that no one is available by phone. EDIT Hey Loan Away . We submitted all our loan documents nearly a month ago and we’re still waiting .., what gives?
I love when a company treats you as a very valuable customer. My loan was already paid off 1 month ago. I just got a call from loanaway team and was asked if everything was good and if there was anything they could do for me. I asked couple of questions regarding my credit score and got them answered. My best borrowing experience so far
Prompt service. I like that you can take out a loan for 36 month. Much better option than payday agencies. My only one problem with them is that it takes a lot of time to get another reloan. You have to make payment on time to qualify for more money.
Asked for 2000 CAD to do some small house renovations projects and was approved for 3000 CAD. Decided to take out the whole amount so I have more flexibility and I can boost my credit score. So far, everything looks good. Biweekly payments are relatively small. Customer service is responsive but you should call in the morning to get your questions answered fast. I will write another update here shortly. By the way, thanks to Madeline for helping me out with the application. I am not super friendly with all these websites and forms but Madeline helped me a lot. Thanks Loanaway team and Madeline.
I appreciate all the customer service from this company. Loaning, re-loaning, and repayment was made simple. Thank you.
I would like to say a big thank you for helping me out. From the application process to the approval stage I was assisted and taken care of. They allowed me to increase my borrowing limit after 6 months! Thank you very much for that. Their team helped me select the most suitable payment schedule so I wouldn’t miss any payment. Definitely a great company to apply for a loan.
I received a text saying I was pre approved for $5000 filled out the application only to get declined... called to ask why I was declined after they took all of my information and they hung the phone up .... I will be reporting this company and letting everyone on social media no They are a fraud company
I have bad computer skills, so I called them for help and a very nice lady guided me through the application process. Got my money. Thanks.
Great staff, super easy to call in and fill out an application with the employee. Walks you through carefully and breaks the entire application down. Super grateful I found you guys.
I paid into a secured loan to help build my credit after a bad break up. Firstly I was tricked into this loan as I didn’t understand it. And was told within minutes of signing and realizing what it was that it couldn’t be reversed. After paying into it for years, I finally paid it off. I waited 2 months for my funds to arrive in the mail. Then I see it is half of what I paid for. They did a deduction for a “service revenue”. I’ve tried calling and emailing to not get any replies ever from Mimi. Nice way to F over a single mom or anyone for that matter. Your company and customer service are terrible. PS I want the rest of my money you owe me!!
I originally left a negative review of loan away. This review was done without seeing the whole picture in front of me. Loan Away with the help of Tony, their paralegal, were able to assist me in creating a repayment plan that works with my budget and handles the balance of the loan. This agreement was appreciated. The will work with you if you explain your situation and work with them as well. -Robert Perry
This company sent me Facebook messages trying to collect debt of someone on my friends list. That I don't even know in real life. Absolutely repulsive. I'm an American I would not get a loan from a Canadian company there is no reason for them to be contacting me. I am trying look up the laws in Canada but I don't believe this is legal in any way. I have screen shots to prove it.
Extremely inappropriate company who blasts your private information on social media. I have received Facebook messages from “Preet Sidhu” asking me to have someone on my Facebook friends list contact Loan Away regarding her “urgent legal matter”. I barely even know the person she is referring to and can’t imagine the damage this might cause if certain people are contacted on her behalf like this. This could highly effect friendships, work, family relationships etc. Extremely inappropriate is an understatement.
Noticed they took my loan out of my account twice, I called it to tell them and get it resolved and the woman told me I was wrong, even if I sent her a screen shot of the proof from my account I was wrong and it was my issue to call my bank. They need to get better customer service reps that don’t raise their voice at you when you’re calling in to see what’s going on. I did end up being a glitch in the app, but she went about it the absolute wrong way! Other than that, I’ve has no issues with them at all.
Even though I have a low credit score, they approved me. Thanks for the money!
I have borrowed 2400 and so far have paid 3400 and still have 1400+ owing .. they force u to get insurance at 150 a month! My principle is being paid $54 a month!! On $200 payments!!
I got approved fast but next day and still waiting for my money to go into my bank . When you were promised it be in my account within 24 hours and well way over that .
The accounts receivable girl named AYOLA Called my work over 50 times called me over 100 times in one day harassed me got me suspended from work threatened me called me names called my secretary at work names DO NOT BARROW any money from this company, they will rob you blind I borrowed 2500 they made me pay them back $7000 dollars they make me sick this is the worst company I’ve ever dealt with, they will harass you and harass you and she called and e mailed me so much I had to go to the cops about this Ayolla girl. She submitted fake inquiries to my work which got me suspended and let everyone know about all my personal business. DO NKT BARROW MONEY FROM THIS COMPANY
Their website says that they make decisions in 20 minutes. It took them 4 hours to approve me. However, I got my money at the end. Looks fine.
My first interaction with loanaway in 2018 was OK. Just ok, nothing much. Rates were good but everything was slow. Now is 2020. Very hard year. I applied for a new loan 1 week ago. And you know what? I am surprised. May be their management has changed or something, but now they approved me within a day. Plus, the lady who i spoke to on the phone was soooo polite. And! I am just very happy that they helped me again even it’s Covid-19 time. Thank you guys!
I have nothing bad to say about this place. Everyone was super friendly, and the fact that I could get my loan in almost less then a day was amazing. wonderful service.
Helped me a lot with my family emergency when everyone else declined me. Thank you
Huge thanks to Jass for helping me!! The best employee at loanaway
I would like to to say a big thank you to Sarah for helping me with my account! Even though their online portal is hard to understand, they have knowledgeable techs who can help you anytime. The portal is very important cause your manage your loan through it. Please make some changes. P.S. Another thanks for approving me with my damaged credit history. Told me that I can borrow more in couple months
I have a secured loan and unsecured loan with them , I had 2 payments on each return , arrangement was made of extra payments and I assume those payments covered Both return payments, I called few times before and after 30 days to ask about my secured account balance , and any of those calls they told me I had a past due payments , now I have one 30 day and one 60 day payment late on my credit report, I ask them why I wasn't contacted or mention about the past due in the beginning, I can't get a proper answer , they claim they open 7 days a week and they hardly answer , I won't recommend this company, they don't care about getting paid it assume and they report bad payments , and i am going to report them.
This is my 3 reloan with Loan Away. I love their reloan program so much. If you need some extra funds they will help. However, the only disappointment is that you have to wait all the the time do decrease your balance before abbey reloan
Great customer service! Can’t ask for more! Took out a second mortgage from them. Thanks for helping me with the payment schedule:)
Their website states they will approve you within 15 minutes and you get your money deposited in 24 hours! And I don’t if it’s just me but it took me 3 days to finally get the money. The agent on the phone apologized for the delay stating that because of COVID they have less employees and bla bla bla. I received my 3000 but I believe they should let you know in advance that it may take more time. Other than that everything looks ok
I have been on the phone for over 1 hr. No one will answer the phone. ( Joice )..
Terrible company. My payments were to come out on the 1st and they took it out on the 26th and refusing to pay for NSF charges. Thiefs, customer service rep mark is very rude. I called back spoke to Mary in collections and she hung up on me. What a rude company. The owner really needs to look into how terrible their customer service is else they will lose all their clients to other companies. Very terrible!!
Never again. Blame the customer for their mistake. I was with them for 2 loans and won't be back. It takes over a week to get your loan, don't purchase the extra insurance you're not approved, interest rates are very high. Customer service very kind over the phone just to find out the dishonesty. Disappointed.
I didn't need the money, but I took out a loan to boost my credit for a future house purchase. Got a nice boost for my score within a year. The interest rate is much better than in payday stores
Awful company hardly anyone speaks English took a week of going back and forth asked to send bank statements probably 10x Was told I was pre approved then at end I was declined because my income was too low ? My incomes not low, very false and misleading place would not recommend and let's hope they hire some English speaking people, this place is a joke!
My review story starts in 2017 when I applied for my first loan with them. 2 years ago I couldn't cancel my insurance and I had to pay extra. Yes, it's a good idea to have it but when u know that you can pay on time u don't really need. Anyway, I paid off my first loan in 2018 and took another one in January 2019. Since 2017, I was very surprised how many changes they've made. Their website now has a lot of useful articles and they have also improved their online portal. Finally, I was able to loan without any insurance!! That's a big "yes" for me. If u need a small loan - pick Loan Away. For bigger amounts (more than 5000) choose someone else.
These people will email you and threaten you from what I saw on my friends email ????????♂️
Still not the best place to get fast loan in Canada. Rates are very high and they ruin your credit even more by making regular inquiries on your equifax file. But that is not the worst thing that will happen to you with Loan away, even when you eventually pay off your loan, the will not report it to the credit bureau . They intentional do this to keep your credit score low and you will never be able to get credit from anywhere apart from them. Still a viscous cycle to keep the average people down and prevent us from ever owning a house. Loan Away (Mary ) , i have recently paid off my loan in full, pls kindly report it to equifax asap. Last report you did was in July, and its so unfair that you have to leave 6k owing on my file after i have paid you in full. But it takes you only few hours to update new loans on Equifax but takes you forever to update payment... Cut it out pls and update every month like all other loan shack companies like u .
Great service from the customer care team. Many thanks for your assistance. :)
Great Service! A guy named Dev was very helpful over the phone.
Had to do some urgent house repairs due to Toronto crazy snowstorm so I asked for a 5000 loan. Customer service is good, they approved me fast, but, they only gave me 4000 instead of 5000 that I asked for.
Great place if you need fast cash!!!
False publicity this company is a scam send me a email saying i am approved then tells me i am not wasted my hole day by sending them document 1 after 1 be careful guys SCAMPERS
There is no need to wait in crazy payday stores when u can do everything online. Used my phone to apply, took a picture of docyments, signed the contract electronically, and got my loan. They do direct deposits - that's a huge advantage. Promote your underwriter Abdul; very honest, helpful, and funny person
I m little disappointed in this because I'm waiting 7 days for the loan money and every time I call the say in 1 or 2 days I will have money so sad
Love to customer service and very helpful
Loan away only take advantage of the lower income earners. Also collection's advisers no respect and understanding.to your concerns. Be aware ! Think twice before you go with them..very bad company! P
Best employeees and best company to get loan with!
They spam you every week for reloan and when you do the application you get declined
0 customer service. Worst loan facility ever.
DO NOT LOAN FROM LOAN AWAY. I got a loan from them in 2017 and subsequently had to file for a consumer proposal. Although they have been receiving money every month through the proposal they are fraudulently reporting on my credit that I have misses 58 payments. I have finished the proposal and sent a copy of the certificate of full performance. I have repeatedly tried to request they update their acct on my credit and they have blatantly ignored my requests. They have not even acknowledged my repeated requests. If you need a short term loan, use iCash. Much more affordable and they don't gouge you and rip you off like LoanAway
They have always helped me if one person can’t another will I think they’re a fair and efficient company I would recommend them!
Not speedy at all, leave you hanging for days without proper communication that could've been taken care of in a timely manner.
Stay away from this company! Worse customer service! Their automatic system approved me for a loan after I’ve submitted my banking and employment info. Then I was told to wait for 2 business days for someone to review the application that was already approved only to be declined with no reason provided! Wasted 3 business days! Ridiculous! Look somewhere else! Those 5 star reviews are not real!
Horrible customer service agree to do one type of payment then after ten email saying that this isn't what we agreed upon the service rep said I have no choice I owe them money so I pay their way. I will never be back after I get them paid off
Instantly denied my application (less than 2mins) based on an automated credit check. Well, yeah, I have bad credit, that's why I was going to a sub-prime loan company in the first place. Not quite sure who they are marketing their products to.
Nice company. It took them 2 days to reply me. But in the end they approved me for my first second mortgage. If you need faster response call them in the morning. And collect all the documents in advance to avoid waiting.
Needed a quick loan for a short period of time. Prompt service, great customer service.
I borrowed 4000$ from them 4 months ago. Love their customer service. Any question or issue I have - they can solve it. Sometimes it takes a bit of time for them to answer the call but when you are connected to the agent, your question can be answered quickly. They helped me select a good payment schedule. And I also got the insurance plan that helped me pay back when I lost my job. Overall, everything is good. Please improve the speed of your website. When I login to my account from my phone, it keeps signing me out.
Never get loan from them again. Please read you contract before sending it and make sure that you know about their insurance payment too. AVOID this company. I would not even give then 1 star. This company will put you in more debt.I got $2500 loan from them in 2018 march. The end of my term I would be paying them back about $4500 or more just for a $2500 loan. Double the amount.
I'm never going to ever use loan away again as an existing customer currently I've had a bad few months do to work... anyways I made some payments. I have spoke with someone currently about my loan told then I didn't have the cash available for set date they pull it anyways.... now costing me more money back charging for something that could have been avoided by taking money out on said date instead... I will never use Loan away again...
Stay away from this company. Incompetent can't even speak English properly. Shouldn't be in business with the interest that is charged. They harass you in emails trying to get you to sign up after I told them to stop they continued.
They made mistakes applying my payments And wont fix it. They wont give me my statement of account either...Thats Illigal. Ive never missed a payment and they wont correct the account. Like 29.99 % loan shark interest isnt enough for them..they have to steal and extra payment or two.
DON'T WASTE YOUR TIME! They will decline you!
Got approved fast and was able to reloan after 6 months. For me, I consider these guys as a good friend who can lend me money when I need it. Suits me best for small purchases, car repairs, or bills that I need to pay off fast. Customers service was always friendly and responsive. It was easy to communicate with them via phone and email.
There are two things you should know about this company: 1) They have a very helpful team. 2) Unfortunately, they are only good for small loans. I was only able to borrow 5000. Not more...
Another former employee here. Make no mistake about it - the owner of the company is indeed a criminal and barely dodged 142 criminal charges laid against him through his other company, Ontario Energy Group. What this means is that the owner of Loan Away is incapable of making money by honest means. The company will try what it did with Ontario Energy Group and place a lien on your home, which is one of the best ways they make money. If you should happen to encounter any money issues, they WILL call you at work endlessly, thereby embarrassing you in front of your employer and they'll even contact your friends and family on Facebook and tell them to tell you to pay up. Yep, it's pretty bad. As a customer, here is what you should know about the people behind the company: most are young and completely unfamiliar with the financial services industry. Imagine having a McDonald's worker dealing with your money and you're pretty much there. The manager of the collections department is the ultimate brown-noser and instructs his agents to recoup money by ANY means necessary. Anything for a buck. As another previous employee stated here, the owner has a fetish for sports cars and yet, he never pays his staff on time. Funny how he insists that his collection agents put intense pressure on borrowers to repay on time, but we never know when our cheques will be issued. And when you do get the cheque, it's usually at 6pm or so, meaning you have to wait for the bank to open the next days or have a partial freeze. Look, I know that if you're looking at this company, it's because you're likely in a crunch. LoanAway will only make it worse. Read the fine print in the footer - they say they charge between 19.99% to 45.99% interest, but it's ALWAYS 45.99% interest. Think about it - how does borrowing money and having to repay it PLUS an additional half of what you borrowed actually help your situation? One last thing: it's speculated around the office that the owner might be planning to funnel his money back to Russia and leave the country to save big on paying taxes. Terminal scam all the way.
I worked here for almost a year, the owner is super rude and has no remorse for anyone but himself. While you guys get loans from him, he banks big bucks off it. He pulls up to work in a new car everyday Lamborghini, Bentley, Ferrari.. and doesn't always pay the employees on time. Please save your time and credit, the collectors are even worst, they do not following the collection guidelines what so ever. I can hear them yelling at people of the phone from the OTHER side of the office. stay far away from this place unless you are super desperate.
Do NOT go through this company, they will ask you for a lot of information say your approved for certain amount and that they are working on the contract to get signed and then will send you the money! Then after getting all your information and getting you excited about the approval they will suddenly say oh sorry you don’t meet our criteria to get a loan and give you a run around for days before telling that! DO NOT APPLY WITH THEM!
If you want to borrow for urgent problems, this is a good place. They approved me fast and gave money fast. But I was only able to borrow 4000$. If you own a house, you can get second mortgage. But I don’t. Thank you Jerome for setting my account up
UPDATE: since I provided the negative reviews all over the internet the rude lady Sumati just phoned me from Loan Away and has given me till the end of the today to pay $800 or they are upping it to $1200. I have contacted the Better Busiiness Bureau and seeking legal advice. I recommend anyone going through something similar to do the same. They need to be made accountable. They are crooks. I took out a $1000 loan for 1 year from them back in May 2016. In September I was laid off work (7 payments in) and informed them of my situation. Each payment I made paid into their insurance for situations like this. The first person I spoke with refused to assist me in obtaining the insurance claim information. I was finally able to obtain it through another woman working there and made my claim. The insurance company made 12 payment on my behalf. Throughout this time they still harassed me for payments regularly. After the insurance confirmed the final payment on the account they went quiet. I tried reaching out to them to find out what was remaining to settle the account and they never got back to me so i figured everything was settled. In March 2018 i pulled my credit report to see that they were reporting that i owed them $1700. So again i emailed them with all the details including the final letter from the insurance confirming they had paid $716. Again no response. I finally decided to call and was informed by a very rude lady that now I owe them $1900. She refused to put me through to a manager as well as providing me with her name. I hung up the phone and received a call back from an apparent supervisor who sounded exactly like the original lady I spoke with. Again no manager is available. I offered them $400 to settle this account. She said she would talk to her manager. But I thought her manager wasnt available. She called me back with $800 to settle which is ludicrous. I pleaded with them to even except $600, but she kept saying not possible. If I dont pay them $800 by October they are upping it to $1200. Stay away from this unethical company full of liars and crooks.
Update: Finally!! They improved their customer service so now you don’t have to wait hours to get a call back from them. Also I was offered a home equity loan. Great to hear that I can qualify for more money now
Best company to get loans with. They are very cooperative as well.
Ive been dealing with Loan Away roughly two years now and they're great! my go to for any loans that i need. Thanks Loan Away!
Worst company ever, big interest loans, 46% interest rate on the loan lol
Called in today for a quick loan and was pre-approved in 1 hour. Mike helped me to fill out my application and said that they would transfer the money within 2 hours. Wow! Thats what i call fast customer service
Got the money after my application was approved! Thanks
I really like the convenience of doing everything online. I didn’t even have to go to the bank to receive the money. They were deposited automatically after I got approved. CSRs are friendly and not pushy. Whatever questions I had - all cleared. My loan is almost paid off. They told me I am eligible to apply for a reloan program as I am a long-term customer.
Pretty sure all the positive reviews are bots. Took longer than 30 minutes for an answer. I had to call back twice to do my application and answer same questions I already responded to previously Based on the minimum qualifications I had answered yes. Not given any reason as to why my application was not accepted except a generic I didnt meet minimum qualifications. Makes no sense when I do. I'm sorry to have given any information to a possibly corrupt company.
45.9 % interest - they aren't trying to help. They are the reason people end up in debt!
Took a loan to pay my college tuition fee. Easy and convenient service
Took out my first loan in 2018. The application process was pretty fast and easy to understand. Just a friendly advice - use your computer to apply. Much easier. A week ago I found out that they offer second mortgages and I decided to apply. Even though I called them to help me login(I forgot my password), it didn’t take much time to apply again. I was approved for $30,000. Interest is not bad at all. BUT!! Make sure you have the documents ready to make the process faster. Thanks! I can see many improvements since 2018
Great customer service team. And understanding collection department.
Update: was approved but Money was funded to the wrong account information which they input through my void check I provided, have yet to receive the loan. Stay tuned! Submitted an application on Sat from an existing profile from a loan that I cancelled a year ago. The system would not let me update my info or log into my account. Monday I called as I had not heard from anyone despite emails and was told I needed to submit documents, I filled out all of the information I was sent by Nidhi and I’ve heard nothing and Tuesday I called back and was told my application was in the credit department but that I seem to have multiple application - one from a year ago that was cancelled and the most recent, I was told that I would get an email today with is Tuesday March 27. I’ve gotten nothing so far. The communication is awful and no one gets back to you! The advertising that you apply in 8 mins and get response in 30 and Money in 24 hours isn’t true this far!!! Very disappointing! What is the delay!!
dishonest company. think twice before getting loan here
I appreciate all the customer service from this company.
I received a flyer in my mail from this company yesterday. It said that they offer two types of loans: unsecured and home equity. I decided to to google them and see if these guys are legit or no. Many people say it takes them about 3 hours to approve you but they are still good if you need money quickly as they don’t ask for many documents. I called them. Their agent was pretty polite and informative. He told me what papers I need to present to qualify for a home equity loan and I applied. 2 hours later I got an email saying I was approved. This afternoon, the funds got deposited to my account. Everything is fine. I will write an update shortly to tell you guys more about the process and some tips & tricks to make the application process faster.
After being approved and resubmitting all my paperwork they said I wasn't approved?? Very confused and unprofessional. Avoid this company.
DONT WASTE YOUR TIME YOUR NOT GETTING APPROVED HERE. MARK MY WORDS . FAKE 5 star REVIEWS
Hi, everyone looking for help from this company. BE AWARE OF THEM...ESPECIALLY PINKI! NOT TRUTHFUL. SHE SAYS ONE THING AND DO ANOTHER.
Good service. Overall quality is 4.5 out of 5. There were a couple of problems when filling out online application but a girl with the name Jass helped me finish. I took $3000 for 24 months. Biweekly payments are small and comfortable to pay. When you login to online portal you can see the outstanding balance and your payments. That is a bog bonus for me because it helps me to control my loan. I also know that if I pay on time my credit score will become bigger. Being new to Canada I think it is very very important. And also they told me if I pay on time I can take more money in future like after 5 or 6 months.
Stay far away from this company. If you miss a payment or fall behind, even if you try everything, they will call your employer, they will harass your friends and make your life a living hell. Horrible, unethical people.
I have been using loanaway for well over a year. My only issue is it seems to take forever to get a reloan. But in the end i always get it. Maybe get some more customer service reps to handle all the loans. I take it you're so busy that there's not enough people in youre offices to take these calls lol. Other then that great place to get a loan if youre strapped.
This account was included in my consumer proposal. These jokers have yet to mark the account as closed so every month they are reporting as a missed payment and hurting my credit even more than it already is. I don't recommend this company at all.
Never get a loan from this fraud company. I had a loan with them and charged me 4 times my loan amount. They take payments different amounts money out of your account when ever they want to. They will call your job and references everyday then take credit checks every 3 months on you without consent. If you need a loan that bad go to Money mart or cash4u not this company. They make you take there bogus insurance they when you try to use it when you get laid off of your job they always deny it. Once you sign there fraud agreement make sure you know what your reading and what your going to sign. I wish I would of read there 2 star rating as well as all the BBB complaints they have before I got the loan from them as they have screwed over a lot of people. So guys beware there are a lot of other bad credit loan companies that you can deal with that don’t charge you 70% interest rate and are not a bad business company so please do your research.
I am constantly harassed by them trying to contact a family member of mine. They have even created fake Facebook accounts to post on other family members profile looking for him. Literally the lowest of the low and I have reported them for harassment.
This company is ok. Got a $1000 loan. Customer service response time is pretty fast. Othert han that, nothing special.
You want my honest opinion? Do not apply with this company, they breach contracts and won’t let a manager get back to you when asked. Thinking of filling a complaint against them, the lady Rowena harassing people without my knowledge and consent. I would not recommend, there’s other great companies you can chose from. I will making reviews moving forward, to let the people know the truth. You would think with the pandemic going on they would understand or care. This lady did not, I don’t ever want someone like this speaking to me ever again.
If you are looking for immediate financial help this is not the company for you. I am on day 3 of waiting for the funds for the loan I was accepted for. I tried emailing support earlier today and no response, so here I am. What’s going on Loanaway??
They deserve more than 5 stars.
Got a 2000 dollar loan from these amigos. Fast response and friendly customer service.
Charge you 140 a month only 60 counts towards principal. Scammed me into an insurance policy that does me no good and wojt let me sign off it. Clowns and just one of those places that will have a class action against them soon. I'll get my money back!
I have been trying to get in touch with one of the staff there called MIMI since a year about a secured loan and till today she has not called to resolve the issue.
Nice solution for fast money. They approved me pretty quickly.
This type of loan is a high interest rate loan. It should be your last option if you tried other loans before. I took out the loan in Feb 2020. I applied for a reloan in Oct 2020 and the payments were lower and I paid more towards the loan. The good about the loan was that it is done online and you have an account that you can see your payments and track your own account as needed. I was also able to get the loan lined up with paydays as it was different days in the beginning and that was difficult. It gives you a long term short payment option instead of quick payday loans where you pay back within a payday or two. They took out the payments correctly each payday. The cons are the loan is tied to your bank account and requires regular payments and is a fixed expense. The interest is high. It's another loan added to your debts. I decided to payout the rest of my loan as it would eliminate the high interest. The process was incredibly simple and tracked through my email. I set up the day and the full payout payment was removed correctly. My account immediately updated to paid off. I love that as its very transparent.
Just received my 4000$! Thanks Quick tip: call them around 10 am or 7 pm to get faster assistance.
They have approved me with my bad credit score.
Good guys if you need a quick loan right away. Polite customer service
Worst customer service.
If there is 0 star then I should give them. Terrible experience. I paid in full my loan and after several months I found out that they asking for some closing fee of 195$ for something. If is my balance zero then what else you need. Scam company stay away from this. I have to involve my lawyer to work with me order to clear this message and I am still in process for it. Customer service terrible. After several calls and attempts they finally answered and they are just transfering you around. Yesterday they said " My colleague is on break and I will leave to message for you to call you " ofcourse call never happened. No solution, nothing.... Very unprofessional. I hope I will able to clear this ASAP. Stay away from them
This is an awful company to do business with .. the loan officer named Kamiljit was friendly at the beginning of the loan to gain my busines. Once i slipped and fell behind. She harrased me and became disrespectful and unprofessional. She went so far as to lower my credit score with a report of a missed payment without warning. Even though this company did not report my revolving credit to equafax( i was paying weekly and never were my payments reported) .. the 30% intrest rate is ridiculous. This is a company designed to keep low income households scrambling to make payments . And if you miss a payment to feed your family they will haunt your free time with harrasing phone calls and emails . And further more they will destroy your credit rating .. the better busines bureau will here about this . Under no circumstances should these employees be considered professional lenders .. it time for big banks , and credit unions to step in and eliminate these high interest lenders. We are canadians and we deserve more than to fall victim to this type of debt . Be aware that once you borrow from here you may be on your way to a down ward spiral of debt . And if you fall ill or lose your job , they will come looking for you with no mercy .. these are cold , shrewd heartless lenders that dont care for the canadian economy what so ever .
Horrible. Never get a loan with this company. Bunch of snakes
Not exactly sure what kind of a company this is. All the reviews, either very good(suspicious) or very bad, seem to be made by people who are in need of financial assistance. I am not, just wanted to see how fast it would be. Somehow I didn't meet the minimum requirements. Preying on the unfortunate .?
Even though these guys were slow in the beginning, but they approved me. And I don’t blame them for that. It’s Covid-19. Less employees, shorter schedule. But thanks for approving me! I appreciate it. I really needed some $$$ to support my family.
Say you get a decision in 20 mins???? Ive been waiting 8 hours and still nothing..and Im a returning client...I will get my loan elsewhere..waiste of time
This company is absolutely horrible.They have been contacting my on Facebook for a loan from someone I do not even know. They even contact people via Instagram. Which is a violation of so many laws.These people will give out confidential information to random people. Do not get a loan from these people.
Their message to me exactly Your are Approved for a loan up to $5000! Hello Kyle, Due to our new underwriting criteria you have been pre-approved for a personal loan up to $5000 based on information we have on file for you. Pay your bills, consolidate your payday loans, take a vacation! Click here to request your loan and we can have the money in your account tomorrow! Then below is the link to get your loan. I applied awhile ago and was denied a loan. They now send the above message and say based on that old information I will get my loan. So seeing as my situation has improved I said why not. So I said yes and they called me right away. Pulled my credit and they said sorry you don’t qualify even though my situation is better. The woman I was dealing with could not give me a straight answer on why they mislead me. She said everyone who applied previously and was denied got the same message. My thought is if they will mislead you and say your approved based on my previous application, which I will admit it was bad and now it is better and I am still denied on better credit. What makes you think they won’t lie to you as well. Stay away from this company and beware of false messages and misleading statements. I am forwarding the message they sent me to all governing bodies and to news outlets! Have fun with negative press.
Terrible company. Literally constant harassment. Do not use.
Thanks for your time and money. Jass you are best.
Lies only lies they tell you since the beginning ,false advertising all over this company. Don’t waste your time with them a they are nothing but rude and deceiving.
What a scam. Hidden fees. The runaround. They give the illusion of "saving mony" and gaining interest on a secured loan, only to pay double as much because of unlawful fees. Not impressed.
I heard the owner of this company owes a few people in the business lots of money for a few bad habits. . As far as loan away . I'd take a loan out of I didn't here such poor things about the owner.
***UPDATE: thanks for becoming more customer-oriented. Before, it was very hard to negotiation with them. There customer service department was very slow. A week ago they helped me adjust my payment schedule and and it’s so convenient. Thank you. Linda
Liars! These guys sent me an email saying that due to my excellent payment history I was prequalified for a loan up to 5,000. I did not want that much. I asked for 1,500. I sent them the information that was needed and they came back to me saying that I do not meet their criteria and that I do not qualify for the loan. Why then send an email saying that I do, especially when I have a perfect payment history. They say that they hate saying no but yet told me no. These guys are liar!
Was approved said I would get contract emailed in one hour. Two days later nothing but Now I'm not approved and no one will answer my calls.
Never used their home equity loan services but unsecured loans are a blessing. This is my third reloan. Quick hack - if you pay on time, you will get more money from them in the future. Joena (if I got the name correctly) is a very cute and polite customer service agent. She helps me every time I have a question. Thank you honey!!!
incredibly disappointed I received a text stating that I pre qualified for a loan so I figured why not its close to x-mas and can use the money. I sent all the information they required, made a few phone calls to findout where I stood in the application process after a week, & finally had someone answer to tell me that my "PRE-Qualified" loan is with an underwriter awaiting a decision. I've waited long enough and I'm no longer in need of a loan from them. I know people are in a bind these days money wise due to our incompetent government that serves the wealthy but please learn from me & don't pursue financial restitution from this company.... This is an update from 2 months ago: after leaving my initial review on a loan I was pre qualified for & having no one get back to me. I was urged to call loan away's customer care team so they can rectify the problem I was supposedly having with their underwriters. My loan was re-opened & I was instructed to send additional documents, which I did cause I thought things would go a little smoother this time around. I then made another call to the customer care team a few days later to find out that my pre approved loan was denied! How does any person get denied on a pre approval? Again I'm not bitter just disappointed. What's the point of pre approving anyone just to go through the motions of the lenders process to get denied!?! I truly am ok with this just please loan away don't send me any more pre approval e-mails thanks.
STAY AWAY. I made the mistake to take a loan from them. All was well no payment missed. Due to unforeseen events I ended up having to file a consumer proposal and unfortunately I had to right them off in the bad debt. A year and a half later they are still sending negative hits to my credit bureau.... even tho they are not supposed to as per the agreement they signed with my trustees
Was declined couple of months ago but thanks god they change something in the approval criteria! I finally got approved! I really need this loan.
Poor business ethics! Poor Experience. I have had 4 loans with this company over a course of 2 years. Always paid the balance in full PRIOR to the full term of the loan. Yet the loan they approved me for this last time has a LOWER balance than the last one - no explanation given. As well, I asked for payment forgiveness during the Covid-19 pandemic, and they still try to take money from my account and continue charge me NSF fees. They are the only company that refused to accommodate the request - given the entire economy is shut down. They treat Customers like numbers and care little for personal circumstances. STAY AWAY!!! This will be my absolute last loan with this company.
I just called there today because i received a email saying congratulations you have been pre approved .. so i called the lady who answered was very unprofessional and didnt really help apparently the email was wrong and i was not fully finished the process instead of her helping me out or guiding me she sits on the other end eating ... so i told her forgrt it lost my business
It's a scam just to get you information. Tons of hidden fees that you will only learn about after contract is ready and your personal info was collected. Same documents requested numerous times by a half dozen different individuals. On top of it all there is a ~40% insurance fee that is mandatory and added to the monthly payment (although it says it's optional) you cannot opt out. I received multiple emails stating I was approved up to $5000 loan based on documents I provided but when contract came it was for only 1900 ... again all this AFTER all your personal documents have been collected bye them. Employees are very rude and this is just a scam. Do not do business with them, there are tons of better options around, heck pay day loans are a better and safer option than this company. They also say they are open 24/7 meanwile it took the a week to respond to initial request ... and when they finally responded they rushed you and told you offer was not valid if you don't reply to the same day to them.
DO NOT BORROW A DIME FROM LOAN AWAY! -1000 stars!! My ex defaulted on a Loan Away loan. I SIGNED NOTHING!! They looked me up online called my work and boss multiple times. When that wasn’t enough they found me on Facebook and called my entire family, excluding my Grandmother who they had in complete tears more than once. I DIDN'T SIGN ANYTHING! IT WAS NOT MY LOAN!! After it was said and done my ex paid over $11,000 for a $1,500. Avoid these horrible loan sharks at any cost. I promise you, you will regret the day you borrowed money from them. They are horrible, awful, evil, corporation. Please do yourself the biggest favour and do not take a dime from these people!
They have been there when others weren't, and I thank them for their business. One star removed for saying I'm approved for so much then giving me half.
do not ever ever ever deal with this company as they are nothing but a bunch of thieves who prey on individuals who are struggling in debt. At a moment in life when I was deep in debt I had asked for a loan which they denied but explained to me about a secured loan where I would pay into it for 24 month, earn some interest and that they would also bring my credit rating up by reporting to the credit bureau. due to an emergency 5 months before my loan was supposed to be released I had asked them to return the funds. at which the agent and the manager who are heartless ppl by the way kept saying that I should have read the contract and that they couldn't release the funds. up until today my credit rating hasn't gone up or improved and then they say that there will be a 400$ admin fee for doing absolutely nothing for me and on top of that charge me interest in the amt of 39% and guess the amt of interest I will be earning? 1.5%!!! not even banks take advantage of you like this. so none of this is explained initially and when brought up they go through the same old excuse "Didn't you read the contract???" even if you are dying and are in need of your funds they will still hold it hostage trying to milk you of every single cent of interest and their only response would be a cold hearted you have to make other arraingements. DO NOT ...i implore you no matter how much you are in debt ... DO NOT ever deal with this company as they stand to benefit from your despair. and if you sign that contract you are making a deal that is worse than signing with the devil. Update: Just to give you an idea as to how they steal your hard earned money. Been paying them 77.94$ biweekly since aug 26, 2016 for a supposed secured loan of 2000$ until aug 2019 out of which I'm ONLY getting 1600$. So to put it in perspective that's 77.94 × 78 (156 weeks dived by 2 since I'm biweekly) which comes to a grand total of 6079.32$ that they are taking from me. So they are pocketing 4479.32 $ of my hard earned money. And you would think how they could go to sleep at night after committing such a crime?? peacefully!!!!
Do NOT deal with them. They authorize anyone to speak about your account which is a huge privacy concern and when you tell them that they say you're making up excuses to not make a payment They do not know what they are doing and they put the full blame on others and the account holder and ignore a huge issue that can affect users private information
If I could rate this institution 0 stars I would. I would never recommend this place to anyone to get a loan. They are incorrectly reporting on my credit bureau late payments that I never made and refuse to fix the issue. Customer service is lacking as I've been turned away a number of times on the issue meanwhile other banks, A lenders fix issues like this no problem. What a difference. Never ever again. But after searching the word credit score on the reviews here, it seems that they do this to ALOT OF PEOPLE. BEWARE of these people and refrain from doing any business with them. Do your research about the companies before you apply for loans with them. These kind of mistakes affect your credit and Loan Away knows this :), which makes it all the more distasteful.
Hello everyone! I would like to tell everyone about my experience with Loanaway. One year ago, I tried borrowing 5000 dollars from them. Their customer service agent promised me that I would get my money in 24 hours. After 2 days I got an email saying that I needed to submit more documents for my application to be reviewed. I was very disappointed because they told me that everything was OK with my documents and I would get my money in 24 hours. Anyway! I decided not to proceed. On October 23, 2019, I was contacted by the lady from loanaway. She stated that my application was incomplete in 2018 and asked me if I wanted to proceed with it. She promised me that many things have changed since 2018 and I could get my money even faster. I decided to give it a try. I was very surprised how fast I got a pre-approval letter (10 minutes after I updated my info). The following day, I woke up and saw an email that $5000 were deposited to my chequing account. I am so happy to see many improvements since 2018. Thanks for taking your company to the next level. Great customer service! Thanks guys
This is a scam They will offer you loan and cheat you please don’t fall for them one of the worst company to deal with Scam alert They did my credit check with out my consent this company is a rip-off scam
Scam
Even though it took them 2 hours to get back to me, i was approved and received the requested money for car repairs. I really liked the thing that they do it online. And they deposit money to your account directly without any fees. Big thanks to Al for helping me. I hope you can improve you wait times.
Information thieves BEWARE. DO NOT SEND THEM ANY INFO. THEY SELL IT TO THIRD PARTYS. AND THEN TELL YOU YOUR DECLINED
Terrible business practices, Loan away does not do credit checks, therefore allows random people to steal your identity and take out loans in your name. irresponsible company, new age "Loan shark".
All these 5 star reviews are fake ! Notice they all have the same amount of likes ? Anyways, i was about to go through with the loan but the representive was really rude and after reading reviews i will no longer be going through with the loan. Thanks everyone !
I received an email saying i was approved but needed a bit more information before they send my funds. I have been emailing all day...NO RESPONSE...Starting to think the two people who reported the same problem on this review board may be right!
THEY ARE SO DISAPPOINTING THEY WILL PREAPPROVED YOU THEN APPROVED THEN THEY WILL JUST DENY YOUR APPLICATION WITHOUT LETTING YOU KNOW WHY. THEY ARE JUST PLAYING WITH YOU. THEY THINK THAT ALL THAT DOING LOANS ARE GOING TO USE IT IN SOME USELESS THINGS BUT THEY DON'T EVEN CONSIDER THAT YOU MAY NEED IT FOR FAMILY EMERGENCY. THEY ARE JUST WASTING YOUR TIME AND EFFORT I WILL NEVER RECOMMEND THIS.
Do NOT go through this company, they will ask you for a lot of information say your approved for certain amount and that they are working on the contract to get signed and then will send you the money! Then after getting all your information and getting you excited about the approval they will suddenly say oh sorry you don’t meet our criteria to get a loan and give you a run around for days before telling that! We will be contacting and reporting them to the bbb as they should not be in business!
Always there when u need them thanks for everything
An option for people in need with bad credit??? Absolutely not, thanks for nothing.
Always prompt and courteous and treat you like you are important.
Waste of TIME. AND ENERGY. USELESS SCAMMERS. LOOK AT THE REAL REVIEWS PEOPLE. .
No hassle, quick application, and customer service is helpful. I was not able to pay back on time because of my illness, so collector office workers were understanding and developed a schedule to give me a little bit more time to pay. Saved my life, thanks
Life happens guys. And this company helped me a lot with a loan. Yes, I had some stress dealing with their collection department but they allowed me to fix my payments so I would not occur any debt. If your are looking for the best time to reach them, call in between 10am and 1pm. They answer pretty quickly
This company was supposed to be my way out of debt. They basically think just because you are on odsp that you will not pay to your agreement. I'm slumped and in a rut and just like all the other companies they discriminate and assume all people on odsp are going to rip them off. Well, for someone who is serious and willing to show with actions that they are trying; they get refused and told that basically they aren't good enough to do anything to better their debt etc... I would much rather pay minimum payments to one person. rather rhan four....
FRAUDULENT ACTIVITY... Constantly doing a hard check inquiry on your credit file.. interest rates are just barley legal.. if anyone was smart STAY FAR AWAY FROM THIS COMPANY..... LOOKING INTO STARTING CLASS ACTION LAWSUIT ON THIS COMPANY
Took a small personal loan from Loan Away. Their rate is fine, customer service is ok, payment schedule is pretty flexible. Nothing special, BUT after 6 months, making on time payments, they allowed me to borrow more. That’s what I like.
I received a message from loanaway that due to the changes in the approval criteria, I can qualify now. 1 year ago I was declined. I decided to reapply. To my big surprise, I got approved for 4000 dollars in 30 minutes this time. I received a call from their customer service department. They asked me to update my old information. How nice it is when they care about you. Marta helped me with everything I received the money in 23 hours. 100% customer service experience. Thank you! Nova.
Applied for a bad credit loan and was declined due to my poor credit score? Seriously?? Your website says you help people with bad credit. I was also declined by other two sack lenders, so i didn't know what to do. Surprisingly, loan away called me after 2 days and said that they could approve me for a 2000 loan. And if I show that I am a responsible borrower, they can lend me more. I did not have any other options, so I decided to give it a try. I have been paying off my loan for 6 months, and everything looks ok for now. Was talked yesterday that I could qualify for a bigger amount in 2 months..
HIGH MAJOR FRAUD DO NOT SUBMIT YOUR INFO !!!!!!!!! HIGH LEVEL FRAUD
For two days it's been the same conversation send the required documents I have sent them 30 times and still with the same results send required document two days later I would run in the opposite direction they don't reply to any question just same results so I send again and again dont waste your time
Terrible Company. Their Customer Service is Ludacris. They have no concept of valuable customer.
My experience was not the best . I got two approved emails , then another approved email after a week of waiting to hear something then all of a sudden a denial email so when asking for an answer why as I work and provided everything they needed I can't even get a response. Now a why. What happened , nothing .
Was super sick and couldn’t get out of the house. My buddy suggested writing to these guys and I was approved for a small loan. Easy and quick
They create fake Facebook accounts to harass your friends and family if you are late with a payment, regardless of the reason. They are horrible.
Not sure anymore about this company. They approved on Friday and got an email saying money is being deposited but not sure if money will be deposited on a Saturday? It's now Monday and still no money.
Customer service is 5/5 Interest rate is low Wait time is 4/5 (it took them a day to approve me) Great for unsecured loans as they do not ask for any collateral.
The president of loan away is also the president of Ontario Energy Group(OEG). OEG are scammers, cheats and fraudsters. They will cheat you blind. OEG has many lawsuits against them. Stay away from both company’s. lairs and cheaters and scammers.bad,bag,bag
Good company to take a personal loan from. Even though I had a bad payment history, my application for 3000$ was approved and I got money directly to my account. Recommend them to everyone.
After receiving several emails of pre-approval, I decided to go ahead and submit required DOCs. I that was yesterday at 2pm. 24hrs later and I have yet to get a response. I tried to leave a msg online, but that hasent been answered either. After waiting in queue for 1hour, I was sent to Jane's voicemail. To say that the customer service thus far is appalling is an overstatement at best
Got a loan from Loan Away and was making my payments for over a year. In may of last year I fell sick and was unable to work. Could not make any payments for more than half a year. Finally worked out a settlement with Loan Way to stop them from bleeding me to death. Just after the settlement goes through the insurance company finally settles my claim and pays Loan Away what they owe me. I have been in contact with Loan Away since January 23rd and dealing with Pinki and getting no were fast. Have been given the excuse that the manager is making a decision, we are waiting on the insurance company to give us some info and now back to the excuse that we are waiting on a managers decision. The funny thing is that Loan Away was able to make a decision on whether or not I qualify for another loan faster than making a decision on returning my insurance overpayment.
Got laughed at by a rep for not having a stable income ? And credit department denied me ? I have a 600 credit score not the best but deffinetely not the worst thats why i applied for a loan from here lol i got approved for a $2500 loan when i asked 1000 and the lady meanwhile after i got denied said theres nothing she can do no respect at all. And i got denied because i make 1200 a month. Shared apartment so i only pay 600 .this place is terrible and doesnt make any sense also went through 4 different representatives for over 9 days and took credit department 5 days to check my credit after 2 reps had no clue how to send my information do not say u approve 85% of applicants with bad credit because this place doesnt if it did almost everyone who wrote a 1 star review here would of got their loan. Especially when u look up bad credit loans and this place appears 9 days of my time wasted when i vould of went somewhere else worst service ever place is junk not recomending and deffinetely unliking the facebook page lol
This company will harass you, your friends, your family and anyone they can find should you miss a payment or fall behind for any reason. They will also attach illegal liens on your property. BEWARE.
Amazing service..better the others ones ...customer service is excellent..very quickly response ...very satisfied..
Just spoke to their customer service representative and found out that I can increase my borrowing limit. Finally, I can get more. Been with this company for 2 years. No issues.
Their pre-approval doesn’t mean anything. They do hard credit checks and aren’t that helpful when it comes to the application process. Not worth your time and effort. Stay away!
Was happy with loan and payments, however, I recently made a mistake of forgetting to give my new banking information. I have never missed a payment. Instead of checking first, that everything was okay, or whether it was just an error, I received an extremely rude email from the collections department. Very rude and unprofessional expecially given what is happening in the world today. This, so far, is the only company that hasn't reached out, in advance, to offer assistance if needed. Full fees still charged.
They became better and friendlier. That’s what I can say. Two years ago I got a unsecured loan from this company (amount = 3,000$) and it was unbelievably difficult to get in touch with their customer service or collection department. I was waiting on the phone a lot. In addition, it took them more time to approve you for a reloan. Even though i used to pay on time, I still had to wait to get more money. And that was a problem for me because when I needed more cash I had to wait. Now things changed and I can rate my new experience with loanaway. I applied for a second mortgage through them (amount 40,000$). Firstly, the wait time has changed and they approved me fast. Secondly, they can finally respond to my phone calls and emails much faster ( I guess they have more employees now). Thirdly, it’s easier to manage and control your payments. “My personal” account’s features have improved. Also if I call in to ask some questions that always pop up, they explain stuff in detail and dedicate more time for me. In my opinion, that’s a must when talking to a customer. Keep up with the good work
Very disappointed with the company. I applied for a loan and kept calling them to make sure my application was okay. It took a whole entire week after I submitted my application for me to call them and for them to tell me there were issues with my application that no one told me. There was no communication with me to tell me, which is why I’m giving them 1 star.
I love this company experience The management is super feasible and understanding !
WORST COMPANY EVER. They constantly double pay me, staff is rude, wait times are unbelievable. PLEASE DO NOT involve yourself with this company!
Dont waste time they give you false hope and in the end nothing ....also kept asking for documents they had already agents dont read file when you talk to then on the phone.
Always there to help when we're in a situation. Wonderful staff. Easy approval. Fast service. Highly recommend if you need a quick loan.