Anonymous
map-marker Kirkland, Washington

Taking money out of my account, apparently illegal charging over 220% interest. They're being sued by state and government agencies. I called and asked about this so called account the had no info

fraud unlawful charging of interest rates. i called to ask what these deductions from my account are, they couldn't even locate any identify information on me. they're being sued by state and local federal agencies.
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Alexis Nvl

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Verified Reviewer

They are Criminals

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I had to pay $1800 in interest over 5 months 245% daily interest rate and no funds went to the balance. These people are criminals. I have been on hold for 2 hours waiting for a supervisor. I was desperate for money and I thought at lease some would go to the original $3000. Why does our country allow a business like this to prey on people and cause them to go further in debt. Run from Credit Balance and don't be stupid like I was...unbelievable! Still on hold!
View full review
Loss:
$1800
Cons:
  • Criminals

User's recommendation: Run don't walk away from these criminals

1 comment
Guest

Same thing happened to me, 2000.00 dollar loan, the agreement I read is not what I signed, because I specifically said once a month payments, oh yes they said, they are taking 251.00 out of both my monthly paychecks, I called for payoff amount, 2006.00 . I've paid them 1800.00 to date. Did anything or did they help u in any way?

Anonymous
map-marker Tucson, Arizona

INTREST RATE WILL PUT YOU MORE IN DEBT!

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DO NOT GET A LOAN WITH THIS COMPANY, THE INTEREST RATE IS HORRIBLE! 1000.00 LOAN AT 224.0009% IS CRAZY!
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Taletha C

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Verified Reviewer

Balance

I need to get the website again I didnt get the message completely to check my account balance on the my account. I would like to get the website again to get my balance amount for pay off amount. I greatly appreciate it.
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Preferred solution: Balance pay off amount

Taletha C

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Verified Reviewer

I need to speak with customer service rep

I need my account balance on payoff.Can I get a customer service representative for a payoff for my account. I greatly appreciate it.Thanks!!!
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Preferred solution: My account balance payoff amount

Resolved
Brajwasi M Atf

This review is written by an individual who has purchased the reviewed product/service and/or confirms being a paying customer of this company. Check our FAQ

Verified Buyer
|

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Todabhim, Rajasthan

Resolved: My balance not receive

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Balance Credit - My balance not receive
Balance Credit - My balance not receive - Image 2
Updated by user Feb 24, 2022

Company fixed the issue and I have been provided with full refund. i want my money soon sir.

Updated by user Feb 24, 2022

very nice app

Original review Feb 24, 2022
Sir my money has not arrived yet please put my money soon, you will be very kindWhat's the problem that my money hasn't come yet
View full review
Loss:
$200

Preferred solution: Full refund

User's recommendation: Good

Brajwasi M Atf

This review is written by an individual who has purchased the reviewed product/service and/or confirms being a paying customer of this company. Check our FAQ

Verified Buyer
|

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Todabhim, Rajasthan

My balance not receive

Balance Credit - My balance not receive
Balance Credit - My balance not receive - Image 2
Sir, my money has not come yet, give me my money, you will be very kind, why did you not put money, what is the problem
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Loss:
$200

Preferred solution: Full refund

User's recommendation: I will say to home that it is a good app

karen h Ttm
map-marker Washington Court House, Ohio

Please call me 740-335-****

you guys keep sending me to a page that needs a credit card won't take mime sorry please i need help so call
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Loss:
$1361

Preferred solution: my 1361 put back in my checking account please

Anonymous
map-marker Virginia Beach, Virginia

I tried to get a copy of my bill, they refused to send me a statement me a state.

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Redirected me and disconnected me representative
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User's recommendation: Do not use this company

Crue Nnm

Complaints

Got a vm re: complaint about to be filed against me. Tried to call but due to Rona, they arent taking calls only emails
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Preferred solution: Let the company propose a solution

User's recommendation: You call and short, extremely vague vm’s then won’t answer is when we call you back!

Anonymous
map-marker Albany, Georgia

Interest rate is extremely high

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Interest is worse than an illegal loan shark. If you borrow $500 expect to payback $1500 or more if you don't pay it off with in 2 weeks and use their payment schedule. So if you can't afford to pay them back the loan immediately, you should avoid Balance credit. If you don't have thousands to give away, avoid these legal loan sharks(is how I would describe them). I suggest just paying the late fees you would get for a past due bill. It definitely won't amount to the interest on $500 you borrowed and the additional interest that was over a thousand dollars accumulated in 3 months time. Trust me, avoid them like this pandemic we're experiencing. You are not getting help with your emergency needs with Balance Credit. You are getting a problem when you are losing more than you can afford to spend.
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User's recommendation: Loan shark interest rates.

2 comments
Guest

They dont have a legitimate number for you to call them. Its bad enough for people now days to get scam online. You get contentious calls that are robot and sometimes people from other countries pose as a legitimate person.

Guest

Translation: I was either too desperate or too stupid to not have known or cared about the consequences of borrowing money from an outfit like this. I'm a serial dead beat with no honor.

I sign papers I have no plans on honoring and then whine when I have to do what I promised to do. "You must work for them."

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Anonymous
map-marker Chicago, Illinois

To have you all send me a bill

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This is bull give me a person to talk all you are doing is playing a game
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User's recommendation: Never do it

Anonymous
map-marker Cassville, Missouri

Beware your gonna regret it if you take a loan out with these guys

Got letter in mail preapproved up to $1,100.00.Went online filled out application, got a approved for $200.00 to $400.00 under that was a payment estimate 7 payments of $278.00 thats over $1,900.00 for a $400.00 loan , i immediately signed off . That's what I call a crooked deal.
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tameka g Vrn

I don not recommend

this loan company is very deceitful, I had no idea that the interest rate was so high and they increased my interest rate the next day after I paid complete interest on my loan this happened after they became aware of my intention to pay my loan off. I also had awful experiences with customer service they had no idea how my pay off was so high and when I asked for a supervisor I was placed on hold until I hung up when I asked for a supervisor to call me back they never returned my call please don't get caught in this fraud this must be against the law the interest rate is way to high and they pull payment from your account bi-weekly this has ruined my Christmas I use my Christmas savings to pay them back it became detrimental that I pay them back in full
View full review
Loss:
$400
Reason of review:
my interest rate increases withput explanation

Preferred solution: Let the company propose a solution

Anonymous
map-marker Spring, Texas

Deceptive business practice, violating usury laws, horrible communication with customer service.

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Deceptive business practice and predatory lending and violating usury laws, and phone harassment are some things that I've experienced with Balance Credit. They charge an exorhorbant 450% interest and you don't even know until it's taken from your bank account. (For example, they say I owe more than 2X what was borrowed in just the first month). I will be pursuing official complaints and legal action with the Texas Attorney General's office when completed. Balance Credit is a very bad and unethical company. I'm sure other states will join in the complaint.
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javier a Wbi
map-marker Houston, Texas

Account

is there a chance if the loan can be refinacne for next month stratingin oct
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Reason of review:
Good quality

About

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Summary

Balance Credit specializes in installment lending and alternative financing. The company was founded in 2013. Its headquarters is based Irving, Texas, United States. Balance Credit offers unsecured, personal installment loans and credit services to customers who need cash fast. The company provides loans from US $100 to US $3000 for the term up to 24 months. An application is completed online. Loan payments are made bi-weekly, semi-monthly, or monthly. Balance Credit is licensed in Missouri, California, New Mexico, Ohio, and Texas. The mission of the company is "to provide consumers a fast, secure, and simple way to apply for loans and credit services at its website".

Balance Credit reviews and complaints

Balance Credit is ranked 308 out of 1016 in Loans and Mortgages category

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