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Spring Financial

Spring Financial

www.springfinancial.ca
What is your customer experience with Spring Financial?

Spring Financial Overview

The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.

Based on reviews, created with AI
Rating Distribution

1.7 star rating based on 3 customer reviews; consumers are mostly dissatisfied. Reports highlight privacy and data security concerns, frequent unauthorized withdrawals, chargebacks for loans not taken, and a high price level.

Key Takeaways for Future Customers

  • Check Spring Financial reviews and bank activity closely before sharing account access.
  • Expect limited responsiveness from customer service when disputing charges or seeking refunds.
  • Be cautious about automatic debits and verify any membership or subscription details.

Negative Feedback / Risk Areas

  • Frequent Spring Financial customer complaints about unauthorized withdrawals and billing for loans never received.
  • Poor customer service response times and difficulty obtaining refunds or resolving disputes.
  • Alleged account reopenings, credit report issues, and problems with privacy/data security.

Positive Feedback

The only noted benefit is that applications reportedly require no credit check, which some consumers may find useful.

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Media from reviews

Spring Financial - 74.85 charge no loan
Spring Financial - Punitive, retaliatory and fraudulent activitySpring Financial - Punitive, retaliatory and fraudulent activity - Image 2Spring Financial - Punitive, retaliatory and fraudulent activity - Image 3Spring Financial - Punitive, retaliatory and fraudulent activity - Image 4Spring Financial - Punitive, retaliatory and fraudulent activity - Image 5Spring Financial - Punitive, retaliatory and fraudulent activity - Image 6
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ONeil P Trc

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 Port Alberni, British Columbia

I don't trust Spring Financial with unfetters access to my bank account.

Without Spring Financial unfettered access to my bank account, I am unable to submit my application.

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User's recommendation: DO NOT GIVE STRANGERS UNFETTERED ACCESS TO YOUR BANK ACCOUNT.

MIchael T Sxe

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 Victoria, Prince Edward Island

74.85 charge no loan

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Spring Financial - 74.85 charge no loan

It kept charging me, and I never made a loan once. One was $31, the other was $48, and the next one was $74.85.

It's unfair, unreasonable, and not right at all.

My bank keeps declining it anyway, so it's not going to work. I will not accept the charges made on any loan ever encountered!

View full review
Loss:
$75
Pros:
  • No credit check
Cons:
  • Charge without loan

Preferred solution: Apology

User's recommendation: Don't sign up, if you have an insititution it will take all you got

Tracy L Wzh

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

Punitive, retaliatory and fraudulent activity

Updated by user Sep 24, 2025

Spring Financial opened an account without my consent and left a false delinquent payment on my credit report despite promises to fix both. I will contact a lawyer and the media.

Original review Aug 20, 2025
I terminated a Spring Financial The Foundation product I had with the company due to my having to go on disability and income support due to illness and an injury. I called their customer service department, and they did as I had asked and closed the account. I wanted to make sure it was done, as I was told I would receive an email about the closure, and I did not receive it. I called and emailed twice. Finally, I received an email over a month after the initial conversation. The email confirmed the closure and that nothing would be withdrawn from my account.
I check my credit report regularly and discovered Spring Financial put a statement on my credit rating account that I was delinquent in a $10 payment for the last month the account was open prior to closure. My bank statement said that the payment was withdrawn and cleared.
I have been going back and forth with Spring Financial on this, and no one is able, perhaps not willing, to deal with this. I have called on numerous occasions and also emailed documentation. I received two calls back from people who have no idea why I contacted them. Further, someone reopened my closed account without my written or verbal consent. It is showing up on my credit report.
I was to receive a call a week or so ago, and no one called me back, and if they did, they did not leave a message on my voicemail.
I am a single parent on income support; I had to close my business due to mostly an injury that caused permanent and degenerative damage.
View full review

Preferred solution: Account re-closed, punitive charge and statement of delinquency removed off of my credit report effective immediately.

User's recommendation: Avoid this organization at all costs

Anonymous
map-marker Stratford, Ontario

I cannot do this as it does not work at all

I have tried since yesterday and this does not work trying to get a small lone it is very agaitating to me to do anything on line

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Anne K Amx

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 Toronto, Ontario

Unauthorized Withdrawel

Please explain why you debited my account on November 28, 2025, without my permission. I never applied for a loan with you.

You debited my account for 160.83. I want this reversed ASAP. I certainly didn't apply for a loan and never received any money. I think my account has been hacked.

Please respond to this email quickly. I want this cleared up immediately.

Thank you, Anne Kilgour. Thank you.

View full review
Loss:
$161
Cons:
  • Scam

Preferred solution: Full refund

User's recommendation: Scam

Anonymous

Putative, retaliatory bogus statement placed on my credit report after I terminated my investment product early

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I terminated my The Foundation product due to having to go on income support. I was paid up and nothing was left owing.

I received an email from Spring Financial (after calling and emailing them twice to confirm cancellation) that they closed my account and that they would not draw anything from my bank account.

Upon checking my credit rating report, I found they placed a statement on my credit rating account saying I owed them $10, that it was delinquent on the last month that payment was withdrawn and cleared from my bank account.

This was in July 2025. I have been emailing and calling Spring Financial and we have been going back and forth on this. And then someone in the company opened my account without my consent.

It doesnt matter who I talk to, nobody can do anything about it, or at least they wont. I have submitted documentation to them twice, and still they refuse to handle the situation.

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User's recommendation: Avoid this company at all costs

Anonymous
map-marker Edmonton, Alberta

We have been trying to voluntarily surrender a van for over a year!

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My daughter got sick and was unable to work do could not make van payments. They have no phone, don't answer emails and text is useless

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User's recommendation: Don't get involved with them

Clement B Xhl

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

Twp stars

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They will never answer direct to your points or ease your queries immediately by emails but need you to contact their client centre.for further help. However, you need to spend big effort and time to contact their client centre as their telephone contact is always busy. This is very frustrating especially if you want to know the answer right away.

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Clement B Xhl

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

2 stars

Their help centre never give you the answer direct to the point or ease your queries by emails immediately or in details but needs you to cotact their client centre for further help. However, it is quite difficult to contact their client centre as their telephone lines are always busy.. This is very frustrating especially if you want to know the answer right away.

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Robert R Wzw

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

Scammer and liars give false western union tracking numbers that belong to people in other states

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Contains 1 confidential file for company representatives

Gave a false tracking number for western union the number I was given belonged to a woman in Colorado. Has u buy walmart money card then send money right back to them then u pay for your own credit check which they say they don't use.

U go to pick up your money and it's not yours to get. They are false fake and a scam they will ask u to put what they send u plus most of whatever u have in your account back to them.

Says it's to pay for the western union transfer then want more money to activate the fake tracking number they gave u. BEWARE DONT US THEM.

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