Rapid Finance

Josh Guroz

★2 months ago

Things went south for us. My wife used the business loan for her business, but she was diagnosed with cancer later on. She is incurable right now, and we are having a very hard time financially. FYI if you find yourself in a similar situation, they will sue you and will take your treatment money. Many debtors of hers agreed to stop any collection activity, but those vultures won't give a damm about you.

Jennifer Kirk

★8 months ago

Renewal Process Double-Charges Existing Customers Title: Be cautious — renewal structure results in double-charging existing clients We’ve been a Rapid Finance customer for about a year, with perfect payment history and a strong business track record. Our experience with our first two loans was positive, which made what happened next extremely disappointing. When we asked for a renewal, Rapid structured the new loan in a way that re-applies full financing fees on top of the existing balance — even though we already paid the original financing costs on that balance. In other words, we were asked to pay fees twice on the same money. This isn’t about lowering a payoff or asking for special treatment. It’s simply about not being charged again for funds that have already had fees applied. Their leadership confirmed that this is their “policy since inception,” meaning every renewal double-charges clients by treating already-financed balances as brand new. For a company that advertises itself as a partner to small businesses, the approach felt extremely predatory. Instead of rewarding clients who repay well and are in good standing, their renewal model ends up penalizing repeat customers and making the cost exponentially higher. If you plan to stay with Rapid beyond your first loan, be aware of how renewals work. I strongly recommend comparing offers with other lenders before committing, especially if you expect to refinance or renew in the future.

Optima health care services

★7 months ago

they will bank levy you, without notice.we tried to pay off, their phone lines are off. in california -rapid advance will find a way since we are a national chain bank business account ( usbank) don' fall prey to their bankrupt 65% to 220% loan push

David Saenz

★★★★★4 years ago

Cody Wydo at Rapid Finance was amazing. The transaction was fast and seamless. Cody told me what to expect, the amount I would qualify for, and said he would get back with me. He got back with me very quickly and everything was done within the same day. No surprises. I am completely happy with Rapid Finance. I recommend them. I will use them again for my business needs.

Gavin Cruz

★a year ago

Liars, First they have us sign good terms and then go back and say “Nevermind, after underwriting we can’t get you those terms” and this was already signed on our end, Then later on we are have some business struggles with the economy and need to work out a deal after they file us in a lawsuit, we make a deal and start doing payments and our representative from RP tells me we are no longer a part of any lawsuit, yet fast forward a few months of making payments and we get notice of default. These people are liars that wanted us to make payments and still default us. Disgusting.