Here’s What You Should Know
Our Path Lending Loans Review
Path Lending, a tribal lender, offers bad credit loans to borrowers that cannot obtain traditional financing. In our experience – and based on Path Lending reviews – this lender takes advantage of consumers by offering loans that have significant interest rates. Our advice? Stay away from this lender…
Overview of Path Lending Loans
Thanks for visiting our guide on Path Lending reviews. As with any company and business, you want to start on their landing page. At first, you will notice Path Lending has their application form front and center. The reason for this is it offers minimal distractions that take you away from applying from the loan. However, this can also be a negative because you the responsible consumer might want to see more information regarding the loan and loan process. Regardless, the landing page is clean and precise, having a professional look to it. Moving down the landing page you can see how the process works at a high level.
First you begin the application process through their “simple application”. From there you can review and sign your loan agreement in minutes. Then you move on to talking with a loan representative to confirm information and gather additional details. Lastly, you will receive your loan proceeds as early as the next business day.
While some lenders do not lend to certain states, Path Lending does not have any information regarding state restrictions. The requirements on the FAQ page are:
- You must have an income.
- You must have a valid and working checking account.
- An email address.
- A phone number.
- Direct deposit of your income into your checking account.
- Be at least 18-years of age.
How to Apply for a Loan
With any tribal lender, the goal is to get you loan proceeds as quickly as possible. This means the application process will likely be quick, only taking a few minutes. To begin the process, you can start on the homepage of the Path Lending website, or follow the apply link through the dropdown menu. The first bit of information you will need is the loan amount. From there, you will populate your personal information including name, address, date of birth and social security number. Additionally you will need your driver’s license number, income information and references. While it doesn’t’ state why the references are required, ensure you populate with individuals you are okay with being contacted.
Another unique feature to Path Lending is by submitting your application, if you are unable to gain approval by Path Lending, they will submit your information to a financial matching service that will assist in attempting to find a match for you at not additional cost. That means even if you are not approved you can still potentially obtain funding. Once completed, you can submit your information and wait to speak with a loan specialist.
The Bottom Line
After your application has been approved, you can typically expect funding within 24-hours, if you’ve spoken with a representative prior to 4:30pm EST. Most Path Lending reviews have experienced a semi-positive experience with a fast funding process. The funds are sent to the bank account you populated on the application and if your application is approved Friday, you will not see funds until Monday morning. Now that you’ve received the funds you are responsible to repay the loan. When you sign the loan agreement you will see the repayment plan that is set out for you.
You can follow the plan, repaying the loan over the prescribed period, but you will likely want to repay the loan as quickly as possible to limit your interest expense. Path Lending, “…strongly encourage(s) you to pay your loan off as quickly as possible.”
In the event you wish to cancel your loan or find that you no longer require the proceeds, you have until the end of the business day after you receive your loan funds to rescind your loan with no cost to you. Be sure to read the fine print of your loan agreement to validate that statement. One of the benefits that Path Lending has over several within the tribal lending space is their extensive FAQ page.
Here is where you can begin to find all the answers to your questions, such as how to repay the loan, how it will appear on your bank statement and if Path lending runs a credit check. These are all important questions that you and other likely have. Keep in mind that this is a short-term financial loan and should not be relied upon as a long-term financial solution. Also, if you do borrow, attempt to repay the loan as quickly as possible, saving you money on interest expense. Overall, according to Path Lending reviews, they appear to have a solid product and reputable information. In this competitive market, it’s important to stand out from the rest. It’s important to compete your own due diligence, so head on over to the site and see for yourself.
Brian Allen says
I’m sorry to hear you’re having trouble with Path Lending. Their website is https://pathlending.com/ but you may get a warning in your browser that it’s unsafe to browse to the site because they don’t have an SSL on their domain. If you just click through, it will take you to their site. If you click on the contact link, it will show their support information. Here it is for your convenience.
621 Medicine Way
Ukiah, CA 95482
Email: [email protected]
Mon-Fri 6:00 AM – 2:30 PM PST
1.800.590.9268 | Customer Service
1.800.590.9293 | Lending
1.800.593.1023 | Reactivation Lending
1.800.581.6916 | Collections / Account Resolution
1.866.357.7666 | FAX
Wendy Mayberry says
Thanks for the info on Path Lending Mr. Allen. I am having a lot of trouble finding any kind of customer support for Path Lending. In fact I can’t even find their website hard as I’ve tried. Do you know the Path Lending website by any chance? Luckily I only borrowed $360.00 from them, which I’m paying back at $250 a month.I really need to talk to a person to confirm a few details, but am having no luck at getting a callback from them. Was able to find a phone # and have left repeated VMs, but have not heard from anyone connected with the company. I’m getting a bit scared that this is going to turn into a nightmare situation due to their lack of communication. Are there any recourses to follow should things turn ugly? They have my bank account # and are pulling money straight out of my account. Only what was agreed upon so far thankfully. Was sooo desperate when I got into this, but never again! Not worth the stress and worry for sure!! Again, many thanks for the info you took the time to provide!