24/7 Lending Group Reviews

About 24/7 Lending Group

247LendingGroup.com provides quick cash loans for those who are in need of immediate funds. You can complete the loan application online in just a few minutes. This information is then forwarded to some of the lenders in their database, the ones who are most likely to approve that particular loan request. There are 80 lenders in their database which makes it easier to find one who can create an affordable loan package.

Personal loans accessible through 247LendingGroup are afforded not only to those with excellent credit, but these loans are also available to individuals without a credit history who are eager to establish one. Sometimes their lenders are even able to provide loans to consumers with bad credit who want to rebuild their credit rating. Loans range from $100 to $35,000 with interest rates as low as 6.46% and upward to 33%. The length of the loan term can be anywhere from 12-72 months.

To become pre-approved for a cash loan through 247LendingGroup, you must first meet the initial requirements. Applicants must be at least 18 years of age, have an income of at least $295.00 per week and must be a U.S. Citizen. Loan terms vary based on each individuals needs and are designed with a repayment plan that is realistic and plausible. Only those lenders who can help you obtain a loan, based on your application and pre-approval, will contact you; they typically call within a couple hours after the application has been submitted.

At this point you will need to provide additional information to them for a credit check and final approval. Once the process is complete you will be given a set of loan terms to review prior to signing the loan agreement. There is no obligation to accept the offer. If you choose to accept, all you need to do is e-sign the agreement and wait for the funds to appear in your account.

Review the terms and conditions of the loan before signing it. Read the section about a borrower’s inability to repay the loan as well as the renewal options. There are many loan calculators that can be found online, there is even one on the 247LendingGroup website. These can be a highly useful tool when it is used to calculate your monthly payments testing out different variables such as the length of loan, the rate of loan and the loan amount.

Thoroughly go over the details and verify they are the same as the ones you had initially agreed upon. Remember, being pre-approved for a loan, does not guarantee you will be approved for a loan. Online complaints showed that some applicants were declined a loan after going through the entire application process. At that point, the lender then presented them with other options which also happened to be a bit more costly.

Related Articles

63 ‘24/7 Lending Group’ Reviews
Sort Reviews By:
Guest

I suggest these guys.

Reviewed By Sammy on November 5, 2013, Wichita, KS

If you need a loan fast and have bad credit this site is who you should use.

Did You Find This Review Helpful?
out of 6 People Found This Review Helpful
No Comments Yet
Your Comment
Guest

Great Customer Service!

Reviewed By Angela on November 3, 2013, Philadelphia, PA

First time applying for a loan online. Had lots of questions before. All of my emails were answered almost instantly. Once applied I had cash in my account the next day.

Did You Find This Review Helpful?
out of 7 People Found This Review Helpful
No Comments Yet
Your Comment
Guest

credit score

Reviewed By Clay on October 30, 2013

what if you don't have a credit score an need personal loan

Did You Find This Review Helpful?
out of 6 People Found This Review Helpful
1 Comment
247
October 31, 2013

We have lenders that can help those with no credit achieve financing. Credit score is not the only variable that will be looked at. Employment history, income, debt amount and loan purpose are a few of the biggies.

Your Comment
Guest

No issues here.

Reviewed By Richard D.  on October 30, 2013, Brooklyn

Worked exactly as advertised. Process was fast. I would recommend.

Did You Find This Review Helpful?
out of 5 People Found This Review Helpful
No Comments Yet
Your Comment
Guest

Applied last wednesday

Reviewed By A. Quattro on October 29, 2013, haines city, fl

I applied last Wednesday after coming here and reading the reviews. I realize they get a ton of apps, but 4 business days is sufficiant. I chose not to buy their tri-cred report as I have one already. The only thing I got was a text about a home equity loan. (I rent).

Did You Find This Review Helpful?
out of 7 People Found This Review Helpful
View all 5 Comments
247 Rep
October 29, 2013

Hi Anthony,
Just sent you an email. You indicated that you have not received a response regarding your app. You should have received emails. Did you check your spam? You can also check your status here: http://www.247lendinggroup.com/search.php.

I wish you would have emailed us direct prior to submitting a negative review. I would have been able to assist you immediately. Please let me know if you have any additional questions. Btw, the text you got was not from us or any of our lenders. Nobody from our end sends text message offers nor offer home equity loans.

Regards,
247

A. Quattro
October 29, 2013

Guys, this is a SCAM.. Google 24/7 lending group in N.C. it is a MOCK business. These are a couple college kids from Wake Forest that are hoping the sheer numbers of people who come to the site will purchase these Tri-Merge reports, this is NOT illegal. This is their business model. No, they do not make you purchase one, but this is the only way they make money. Do not let them fool you with their reply, “if we are not a legitimate company we wouldn’t be in business.” Their revenue model is the people who purchase the Tri-Merge reports. And yes, credit report pulls are a big business! THERE IS NO ONE BY THE NAME OF MARK RICHARDSON (CEO) AFILIATED WITH THIS SCAM. The Location given is the address of a strip mall next to the Theater. ANY POSITVE REVIEWS are written by THEM!!! They have NEVER outsourced a loan, period! They try and utilize the "lending tree" approach to get you on board to purchase a tri-merge report which they get a fee to pull. Most "Lending Tree" style businesses get either a LOAN ORIGINATION FEE, or A BACK END PERCENTAGE OF THE LOAN. They will tell you that you can “put in” your credit score. This is ridiculous. NO LENDER WILL ALLOW YOU TO PUT IN YOUR PERCIEVED CREDIT SCORE AND BASE A DECISION FROM THIS, IT IS ILLEGAL TO DO SO AND NO UNDERWRITER WILL APROVE THIS. This is why you will NEVER see a pull “soft” (inquiry) or “hard” (used to obtain legitimate credit by EVERY financial institute) on your credit report. Try it. You can go to www.annualcreditreport.com and get your free report from all three less your score, but financial institutes use more than a score for a credit decision. Caveat emptor! If anyone would like to see the correspondence I had with a “Jordan Robbins”, let me know. There is no loan that will EVER be APPROVED based on a “soft pull.” A soft pull is just an Inquiry akin to what your insurance company pulls. THIS IS NOT AN ACCEPTABLE CREDIT INQUIERY TO OBTAIN ANY LOAN PER A CONTRACTUAL AGREEMENT! It takes you two minutes to look up the FRANKLIN COUNTY CLERK OF COURTS to find their business license. It is impossible for a legitimate loan origination company to even refer you to a lender based on anything when your SS# isn’t pulled. So, they do not ask as this would violate North Carolina laws which require a license to validate. ENJOY!

247
October 29, 2013

The accusations made in the above claim are totally false and slanderous. We clearly state all over our site that we are not the actual lenders and do not provide funding. We match consumers with lenders based on the information they input on their application. One of the most important variables when determining where we route applications to is the consumer's credit scores. We do not perform a credit check during our process. We don't even collect SSN. Most of our lenders are able to fund loans without doing a hard credit pull. However, depending on the applicant's situation and the lender's funding requirements, that lender may ask for additional info, like SSN, and request your approval for performing a credit pull in order to finalize your loan. A lender will NEVER perform a credit check without the applicant's approval.
Since we route application based on credit scores, we provide an option for applicants to obtain their current, up-to-date credit scores. Many applicants either do not know their credit scores or haven't viewed their credit in quite some time. Therefore, providing a trusted on site option for consumers to obtain their credit scores and reports from is a logistic part of our business model. Yes, consumers are entitled to obtain (1) free copy of their reports from annualcreditreport.com. But these reports do not include any of your credit scores.
In conclusion, we've been providing a reliable online service since 2001. As indicated above, processing several thousand/apps day. Having a few negative reviews when processing several thousand apps/day is natural.

A. Quattro
October 30, 2013

Your claims are absolutely false! NO FINANCIAL INSTITUTIONS can extend credit without a "hard" pull! Period! You claim to “send” applications to “lenders,” but have NO CLUE what the applications SSN #is nor credit worthiness, insane logic! Anyone who believes this should have their head checked. You know EVERYTHING I said is factual; it only takes a moment for people to research these companies. You do not process several thousand applications a day; you’re in a strip mall. You have several shell web sites that do the same thing. Your company has NEVER directed a loan to ANY lender. What you do is NOT illegal per North Carolina law, but obfuscates the truth as to your company’s intentions. People be aware, if you do not have at least a 780 FICO(this is not the only thing that determines credit wortiness), YOU WILL NOT GET AN UNSECURED LOAN UNLESS IT IS FROM A COMPANY LIKE WESTERN SKY WHO CHARGES 300% INTEREST; AND YOU CAN SEE THEY ARE OUT OF BUSINESS DUE TO THE DODD-FRANK ACT (anti-predatory lending laws)! You pulling your own credit report will help you ZERO as no lender will accept your “word” as to your credit worthiness, it would be merely for your entertainment. Keep this in mind people, The Dodd-Frank act makes credit collection agencies (Experian, TransUnion, Equifax) lump “hard” inquiries together meaning, If you go looking for a house or a car within the same month, this counts for only ONE hard inquiry no matter how many companies look at your credit during that month dropping your score no more than 15 points .Even in this company’s home state, North Carolina, the states usury laws will NOT allow them to offer Payday loans. If you need a personal loan, go to your Bank or a reputable site like Lending Tree. Lending Tree actually is a purveyor of financial lenders, and yes, they do run your credit and ask you “real” questions that will enable you to get an actual loan. Common sense will prevail in the end, I hope. This will be my last post as I have given the consumer all the tools necessary to avoid these companies. Enjoy!

247
October 30, 2013

Anyone who has any questions please feel free to contact is prior to applying. Thanks!

Your Comment

Leave a Review