Post Lake Lending Reviews: Should You Consider This Loan Service
Thinking about getting a loan from Post Lake Lending? Wondering how Post Lake Lending works or if it’s the right choice for you? Whether you’re considering a loan or just want to understand how it operates, this article will help you.
What Is Post Lake Lending
Post Lake Lending is a reliable tribal lender that focuses on installment loans. Operating under tribal laws, they can provide services in states where payday loans might face restrictions. Getting a loan from Post Lake is simple. Just sign up, fill out an easy online form with your basic info, and you’re good to go.
What Post Lake offers
- If you’re borrowing for the first time, you can get up to $1,500.
- If you’ve borrowed from them before, you can get as much as $5,000.
How Post Lake Lending Works
Post Lending works online. You apply for a loan by sharing your info. They review it, and if everything checks out, you get the money you need quickly.
Is Post Lending Legit Or Scam? Customer Complaints
Post Lake Lending is a real company that gives people installment loans. Based on customer reviews on TrustPilot, BBB, Reddit, and Google, Post Lending seems like a trustworthy tribal lender. It’s not a scam, but their loans can be pricey because they operate as a tribal lender. A Customer report said
I was told $1,175.00 would be my loan. The amount that I was offered now is $400 and paying back over $2,000 in interest fees. That is entirely TOO MUCH for such a small loan amount.
Derrel
Also read: Amyloc.com
Post Lake Lending – Beware of Unfair Practices
Outrageous Interest Rates
- This guys charge an unbelievable 777% interest on loans. For a $975 loan, they’re making you pay a staggering $7,295.
Unauthorized Withdrawals
- Post Lending is taking more money from people than agreed upon.
Payment Date Hassles
- Despite clearly stating when you want to pay, they seem to ignore your preferences and do things on their terms.
Refusal to Negotiate
- When customers try to sort out issues, Post Lending refuses to admit their mistakes or work towards a fair solution.
Compromised Bank Accounts
- Their questionable practices have forced some people to cancel their bank accounts due to the chaos created by Post Lending.
How Do I Contact Customer Service
If you’re facing issues, contact their customer service team at 888-204-9549. We’re here to help. If the problem continues, reach out to our hotline at 888-205-0023 (available from 7:00 am to 8:00 pm Central Time daily) or email us at support@postlakelending.
Post Lake Lending Credit Score
Unlike many others, they don’t just judge you based on your credit score. They’re more interested in checking if you can actually pay back the loan.
Post Lake Lending Fraud
Post Lake Lending is currently in some legal trouble. They’re being sued for things like not being clear about loan terms and charging way too much interest. This has caused a lot of people financial problems.
Post Lake Lending Pros: What I Like
- Getting a loan with Post Lending is pretty straightforward. They’re not all about your credit score – they care more about your ability to pay back the loan.
- Operating under tribal laws is their It lets them offer services in places where payday loans might be playing hard to get.
- People seem to like them. Over 1000 people on TrustPilot have given them a thumbs up.
- If you’re a regular, they let you borrow more – up to $5,000.
Post Lake Lending Cons: What I Don’t Like
- They’re currently in a bit of a legal trouble. A lawsuit is looming over them, accusing them of not playing fair.
- Some people are side-eyeing them for not being totally transparent.
- Industry groups haven’t exactly approved of their services.
- It might hit you with higher interest rates.
- Like any loan, it can affect your credit score.
- It might not be available everywhere.
How To Apply
- Create an account online.
- Fill in your details.
- Your application is good to go.
Conclusion
Post Lake is a place where you can get a loan, but there are a few things to keep in mind. They might charge you a bit more interest, so check if it fits your budget. Remember, borrowing money from anywhere can affect your credit score, so be a hero and pay on time.