Side-By-Side Comparison Of 2024's Highest Rated Debt Consolidation Companies. In-Depth Information To Help You Find The Best Consolidation Option For Paying Off Debt.
- Check If You Qualify
Do You Qualify For Debt Relief?
Get a Custom Debt Solution.
- Top Ranked Companies
Top 10 Debt Consolidation Programs
Reviewed and Ranked by Our Editors
- Rated by BBB & AADR
BBB A+ Rated Debt Relief Companies.
Get Help With Your Debt.
- Debt Free in 24-48 Mo
Combine Multiple Credit Card Debts.
Get Out of Debt Faster
- How Does Debt Relief Work
Learn How To Consolidate Debt.
Work Toward Your Debt-Free Future.
- #1 - National Debt Relief
BBB A+ Accredited Company.
Get Your Free Debt Analysis Today!
- Check If You Qualify
Search results
Since 1996, Lendmark Financial Services has been serving the personal lending needs of customers underserved by traditional banks. Today, with over 500 branches in 22 states from coast to coast, Lendmark continues to grow with superior, reliable and consistent financial services that make a difference in people’s lives.
PROVEN, SMART & RELIABLE OPTIONS TO HELP NAVIGATE LIFE EVENTS. Lendmark offers traditional household credit through personal installment loans — with fixed rates, terms and payments – to help consumers addressing life events, planned and unplanned.
- About Lendmark Financial
- How Does Lendmark Financial Work?
- Pros and Cons
- Lendmark Financial Services Customer Reviews
- Is Lendmark Financial Legit Or A Scam?
- Other Considerations
- Final Thoughts
- FAQ
Lendmark Financial Services offers a range of financial solutions, including providing direct secured and unsecured personal loans, auto financing, and debt consolidation. Initially owned by First Liberty Bank, the company was later sold to the Blackstone Group, a New York-based private equity firm, in 2013. Lendmark operates its business primarily...
Lendmark Financial’s loan application process can start online, where prospective borrowers can access and fill out an initial application form. If approved, the next steps, including signing paperwork and receiving the loan amount, take place at a local branch. Loan payments can be made online, via the company’s mobile app, or at any of the Lendma...
Pros:
1. Fixed Payments and Rates: Lendmark Financial offers indirect personal loansand automobile loans with fixed rates, terms and monthly payments. This can be a significant advantage for those looking for loan solutions with predictability in their repayment schedule. 2. Multiple Payment Options:You can make your loan payments online, through the mobile app, or by visiting a local branch. 3. More than 300 Local Branches:With its extensive network, you can easily find a Lendmark branch near you.
Cons:
1. Lack of Transparency:One significant drawback is the absence of detailed financial terms on the company’s website. This means you need to contact a branch for specific rate and term information. 2. Branch Visit Required:If approved, you’ll need to visit a branch to complete the loan process, which might not be convenient for everyone.
As with any financial institution, customer reviews are mixed. Lendmark Financial holds an overall rating of 4.0 out of 5 based on 197 reviews, as of September 2024. Here are some highlights:
Based on the available information and customer reviews, Lendmark Financial appears to be a legitimate lending service. However, its lack of transparency concerning the financial terms of its loans raises some concerns among consumers. If you’re considering a loan with Lendmark Financial, it’s essential to have an in-depth discussion with a company...
Credit Check:Lendmark Financial does conduct credit checks and reports to Equifax, Experian, and TransUnion.Loan Sizes:Lendmark’s loan amounts range from $500 to $25,000. However, any loan over $8,000 requires collateral.Garnishment:If you default on your loan, Lendmark may be able to garnish your wages if it wins a lawsuit against you.Lendmark Financial offers a range of loan services with fixed terms and payments. However, the company’s lack of transparency on its website and the necessity of a branch visit for loan completion could be potential drawbacks for some customers. As always, the key to a successful lending experience is to read all terms carefully, ask questions, and...
1. What is Lendmark Financial? – Lendmark Financial Services is a consumer finance company that specializes in providing personal loans, auto loans, and debt consolidation loans to its customers. They also offer retail merchant sales finance services and insurance products. 2. Is Lendmark Financial a legitimate company? – Yes, Lendmark Financial is...
Jul 16, 2024 · Lendmark Financial is owned by FinWise Bank, a Utah-chartered bank that is a subsidiary of FinWise Holding Company. FinWise Bank is a community bank that was founded in 2000 and is...
6 days ago · Lendmark Financial Services is a finance service that helps people with less than optimal credit. The company offers personal loans, auto loans and debt consolidation.
- (156)
Lendmark Financial Services is a community-based consumer finance company that specializes in providing direct and indirect personal loans, automobile loans, debt consolidation loans,...
People also ask
Who is Lendmark Financial Services?
Is Lendmark Financial a good loan company?
Does Lendmark Financial have a good customer service experience?
Does Lendmark offer a car loan?
How can Lendmark help you?
What makes Lendmark different?
Do you agree with Lendmark Financial Services's TrustScore? Voice your opinion today and hear what 17 customers have already said.
