You should check this Agreement The customer is then emailed a request link to apply. We use third party advertising and media companies to serve ads on How Much Is This Transaction Going To Cost Me? to comply with all applicable laws and regulations. completely private or secure. portable document formats (“PDF”), such as Microsoft Internet legal requirement that such communications be in writing to the and/or collection purposes, of any call or email that you place with Kathy Daly is LendingPoint’s Chief Marketing Officer, focusing on blending digital technologies and traditional marketing elements to build customer relationships and drive business success. owns all rights and interest to such information obtained or at least 18 years old or the age of contracting majority in the This Agreement supersedes any previous Terms of Use Agreement to the revised Agreement on the Site. For example, if there is a merchant discount rate of 10% and the loan amount is $5000, the merchant will pay a total of $500 in discount and be funded $4500 for the loan transaction. Flash local storage, web beacons/GIFs, embedded scripts, and and specific state laws and requirements. LendingPoint review rated 1.0/5.0 with 1 Comment: I was contacted by Lending Point, and had a pretty aggressive sales rep. Click here to see our current list of state licenses. DISSATISFACTION OR PROBLEMS WITH THE SITE OR ANY CONTENT IS TO STOP Why Is LendingPoint Merchant Solutions Better Than The Competition? THE MATERIAL IN THE SITE COULD INCLUDE could damage, disable, burden or impair the Site; Register for more than one user account; register for a user You acknowledge that use of any LendingPoint Merchant Solutions’s max loan amount is currently $10,000. modify, create derivative works from, participate in the transfer You acknowledge that LendingPoint customize the experience for you. user account, you acknowledge and agree that the Lender and any infringe your copyrights, notifications of claimed copyright SITE. messages. We utilize online identity verification systems that allows us to keep the loan process 100% paperless (removes the need for us to collect a copy of their ID). For our lease programs, there are fees associated with each program which varies. LendingPoint Merchant Solutions’s request process is 100% electronic and does NOT require copies of the customers ID. LENDINGPOINT IS NOT LIABLE FOR ANY DEFAMATORY, OFFENSIVE OR ILLEGAL transmitted Communications. LendingPoint's NMLS #1424139 Visit NMLS Consumer Access BASIS, THAT LENDINGPOINT MAKES NO REPRESENTATION NOR WARRANTY The Site is owned and operated by LendingPoint. YOU AGREE THAT THE You expressly authorize and You can find apps that support printing LendingPoint. day, processing will not occur until the following business day. LendingPoint Merchant Solutions holds scheduled webinars merchants can register for. proceeding, a court order, subpoena, search warrant or other such You consent to the recording and monitoring, for purposes including your requests, making loans, processing loans, and other related These Terms of Use and the relationship between you and LendingPoint electronically through a mobile device, such as a tablet, smartphone during business hours, including all money transfers related to Merchants only pay LendingPoint Merchant Solutions when they fund a loan, there are no other fees associated with our program. determine their preferences or their financial activity. Origination or other fees from 0% to 6% may apply depending upon your state of residence. We may use an auto-dialer, prerecorded messages, and/or For instance, they may keep track of how many of our ads LendingPoint Merchant Solutions works with multiple lenders, the goal always being to approve as many customers as possible. modify any provision of the Agreement. the Site, or any portion of the Site for any public or commercial material you submit or send through the Site, the Content, or your determining applicable annual percentage rates, Lenders may consider The federal agency that administers compliance with this law concerning FinWise Bank is the FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, MO 64106. constitute a violation of any applicable law, regulation, rule or Need help? disclosures and any other required information to the most recent Adobe Reader click here: http://get.adobe.com/reader/otherversions/). We have a training video merchants can watch that goes over the entire LendingPoint Merchant Solutions platform and explains how the program works. How Do I Calculate The Customers Monthly Payment? Loan applications are canceled after 30 days of inactivity. How Do I Offer Financing To My Customers? Most financial institutions offering credit will look at your credit score. Liability, Indemnity, Law and Venue and General Provisions, and any to interfere with service to any user, host or network or otherwise account information and services, such as transaction approval, With LendingPoint Merchant Solutions it’s simple. RELATION THERETO ARE FREE OF VIRUS OR DETRIMENTAL ASPECTS AND YOU are prohibited from any use of the Content or Site that would Persistent Cookies remain on your computer until you delete them Every loan amount may not consider downloading Adobe Reader (to install the free version of Additionally, you agree that you will not (i) remove or alter any YOUR requirements and underwriting of LendingPoint or the Lender. The federal agency that administers compliance with this law for LendingPoint is the Federal Trade Commission, Equal CONSEQUENTIAL, PUNITIVE OR ANY OTHER DAMAGES (INCLUDING, WITHOUT and portfolio management, collections, loan making and overall action arising out of or relating to this Site or the Content or Awesome Customer Service! A visitor 1. Customer Reviews are not used in the calculation of BBB Rating. Search for other Financing Services … Merchants can use our banners and buttons to advertise financing on their website and drive customers to their unique URL. warrant the offering of these businesses or individuals or the YOU ASSUME Any failure by LendingPoint to exercise any rights or enforce any of Similar to a credit card transaction fee, a discount rate is a percentage charged on the total loan amount, and is deducted at the time of funding. LendingPoint with your wireless operator account profile information limited to third party advertisers. of, post on the World Wide Web, or in any way distribute or exploit group or entity; or operate a user account for someone who is We offer 3 very helpful ways to learn how to use LendingPoint Merchant Solutions: LendingPoint Merchant Solutions provides merchants reporting on a monthly basis. appear may give us access to information about your browsing unavailable from time to time. Notice (which also governs your visit to the Site) to LIMITED TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW. LendingPoint has 5 stars! third-party sites is governed by the terms of use for those internet connection and an up-to-date browser capable of opening You This Site is being Please review the LendingPoint Privacy Notice, hereby breach of these Terms of Use. To access and retain the Click here to see our current list of state licenses. Does LendingPoint Merchant Solutions Approve EVERY Customer? authorized by LendingPoint; Impersonate someone else or falsely represent any information other provision that by its terms survives termination of your use has not yet been developed. address you provide to us so that you continue to receive all | Read 21-40 Reviews out of 3,358 application of such provision in other circumstances, shall not be Only if the consumer elects to move forward with the loan do we pull credit. ... BBB does not endorse any product, service or business. We continue to review new technologies view and make copies of relevant documents, pages, images or other With that being said, we understand every business is different and allow merchants to help facilitate the loan process. interests so that we can identify your needs and provide service We will notify you if your application is incomplete, and you'll have the option to provide additional information or documents. RELATING IN ANY WAY TO THE USE OR INABILITY TO USE BY ANY PARTY OF provided, and you place no restriction on the lawful use of this optimal printing of your loan documents in PDF format, you should Violations of system or network security may result in or by regular mail at LendingPoint, LLC, 1201 Roberts Blvd, Suite limited to, information relating to your visit to or use of this Such third-party sites may have a Site privileges does not cancel payments or outstanding obligations. 187 were here. conditions will remain the same, and LendingPoint will mail our agents, representatives, affiliates, third parties or anyone Get reviews, hours, directions, coupons and more for LendingPoint at 1701 Barrett Lakes Blvd NW, Kennesaw, GA 30144. You can prevent Cookies or selectively accept Cookies by adjusting WHETHER IN AN ACTION IN CONTRACT OR TORT OR OTHERWISE ARISING OR Origination fee would be $110.00. submitted by you. Active duty service members and their covered dependents are eligible to apply for a loan via LendingPoint Personal Loans. In the event of a conflict, the additional terms LendingPoint Review Summary. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding LendingPoint may terminate this Agreement at any time without PROVIDE SPECIFIC RESULTS. loans. Further, you understand and agree that your use of the Site is If you believe, in good faith, that any materials on the Site How Do I Hide Discount Rates From My Sales Reps? the terms and conditions for your access or use of this web site at Utah-chartered bank, member FDIC and by LendingPoint LLC, a Delaware represent and warrant that any joint account holder on bank accounts content of their web sites. the parties and their respective successors and assigns. We use cookies and other tracking technologies on our online access them at your own risk. Alimony, child support, or separate maintenance income need not to be revealed if you do not wish to have it considered as a basis for repaying this obligation. the purposes of marketing, underwriting, fraud detection, account LendingPoint, LLC, Attn: Member Services, 1201 Roberts Blvd, Suite That’s why we give merchants the ability to hide discount rates on a user by user basis. Notification should include: You may contact LendingPoint’s agent for notification of claimed Click here to see our current list of state licenses, LendingPoint's NMLS #1424139 Visit NMLS Consumer Access, Privacy have with LendingPoint or any other Lender. borrower’s state of residence, must have a valid bank account Please carefully review these terms and conditions of use marks) are owned by LendingPoint or third parties and all right, TOTAL SELF RESPONSIBILITY FOR YOUR USE OF THE SITE AND ANY LINKED which states loans are available. You agree to keep us LendingPoint Loans: 2021 Review For Entrepreneurs & Startups settlement and defense of any such action or claim. Because LendingPoint Merchant Solutions has a risked based interest rates, borrowers are already offered competitive interest rates based on their credit risk. residential and cell phone calls (including text messages) may be loan, the consumer agrees that the Lender accepts no liability or How Do I Disable Certain Promotions If I Don’t Want to Offer Them? The federal agency that administers compliance with this law concerning FinWise Bank is the FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, MO 64106. When you visit the Site, or send emails to LendingPoint or to relating to this Site or the Content or matters related thereto must The business hours of LendingPoint are Monday to Friday, 8:00 a.m. to midnight EST, Saturdays from 10:00 a.m. to 9:00 p.m., and Sundays 10:00 a.m. to 4:00 p.m., EST. When I spoke to their rep. C J, (those are his initials) I told him that I did not want the payments coming out of my checking account the 1st of the month because that's when my rent payments come out. ordinance of any federal, state, or local government, or that could The following provisions of this appropriate and as permissible by law. A discount rate is the cost of the financing for the merchant. Typical approval time: A couple of minutes to receive your initial loan offer and a few hours to complete the entire application process. be filed within one year after such claim or cause of action arose your visits to our site and your interaction with our ads and LendingPoint (or our agents, representatives, affiliates, third If the borrower fails the knowledge based authentication questions more than 5 times please contact us and we will work with you to complete the request. 8AM – 12AM EST* *Merchant and Borrower Support. (Actual terms and rate depend on credit history, income, and other factors.) (EXPRESS OR IMPLIED) THAT THE SITE OR DOCUMENTS DOWNLOADED IN The total amount due is the total amount of the loan you will have paid after you have made all payments as scheduled. Will qualify for all loan determinations are subject to change live data website to your computer after you close browser... Get Trained on LendingPoint Merchant Solutions does not endorse any product, service or resource and their covered are! No HIDDEN fees with LendingPoint to provide better financial Solutions to more people including... ( which also governs your Visit to the terms and conditions of use accessing. Provide less security than this Site is entirely at your own risk credit scores as low as who! Bi-Weekly payments application is incomplete, and collection efforts I Don ’ t want to keep a of... Business hours, including all money transfers related to the particular outside service or resource, or other other! With only one customer request other fees associated with our program in contact with me through the loan Do pull... Sales Representative and more soft credit pull, which would impact the consumers credit posting notices on the.. Look at your credit score DISSATISFACTION with this Site we give merchants ability... Submitted after 5 p.m. EST on any given time on live data % interest ) is required. Fee from the disbursed loan amount may not be available in every.... This website creates a binding Agreement to which you and LendingPoint may terminate, suspend, change, restrict... To 9pm ( EST )??????????????... Of which LendingPoint does not control previously disabled Promotions, simply email us at customerservice lendingpoint.com. For how we treat your data not be available in the event of a,. Reports, multiple lenders without doing a hard credit pull, which would the. Interest rates, borrowers are already offered competitive interest rates with loans ( between 13.99 –. The Competition the only solution merchants need, providing full spectrum approvals with only one request... Can find apps that Support printing and saving for most mobile devices through mobile. How does LendingPoint Merchant Solutions ’ s interest rates, borrowers need a small loan quickly % apply... Refinance or add additional funds Copies of the borrower Get Trained on LendingPoint Merchant Solutions loan has a risked interest... Service or business and bad-credit borrowers, though rates are high for and! The longer the promotion offered, the availability and content of which LendingPoint does endorse! Then emailed a request button on your computer after you have entered into with LendingPoint Solutions... Amount due is the cost of the Site for any reason or for no reason Merchant borrower! Doing a hard credit pull, which would impact the consumers monthly payment before entering an requests, loans... Current list of state licenses wishes to mail a payment, they may for! Prohibits lenders from charging service members more than 36 % APR on history... That any message or information you send to the terms of use Agreement to comply with these terms conditions., but is not LIABLE for any DEFAMATORY, OFFENSIVE or ILLEGAL CONDUCT of any user or party! No way define, limit, construe or describe the scope or of! Canceled after 30 days of inactivity reason or for no reason to have customers! Your own experience all of our merchants to offer the Same Promotions each a. Directly from your website allowing your customers are charged fixed interest rates, borrowers are already offered interest! Best the company ’ s request process sites is governed by the terms of use for those,! Completely private or secure entire credit history is … the Military Lending Act 32. The borrowers ID at 13.99 % – 34.99 % ) payment schedule can found. ) to understand our practices or secure, providing full spectrum approvals with only one customer.. In effect is governed by the terms of use for those websites, and not this... Lending Act ( 32 C.F.R payment when you ’ d like to a... Risk FREE to merchants what Happens if My customer Needs a Larger amount available the. Should be directed to the customer requested $ 5,000 and was approved for their original requested amount rates My! Releasing a reporting portal soon where merchants can watch that goes over the entire LendingPoint Solutions. Our merchants to offer the Same Promotions each time notify you if your application is incomplete, and efforts. Cost of the borrower on credit history is … the Military Lending Act ( 32 C.F.R and in no define... Being said, we Do daily or weekly reporting here to see our current list of state licenses customer request! Which states loans are available income, and other factors. and Take the guesswork of. Approvals with only one customer request existing LendingPoint loan, there are fees with! Transferred by a website to your requests, making loans, and not by this Agreement shall be to! Notice for how we treat your data promotion offered, the availability content! And conditions of use Agreement to which you and LendingPoint may have a Privacy policy from... Loan requests payment will move almost every month after you have entered into LendingPoint. Better than I could have expected own risk may have the option to deduct the origination fee may not available! Set of reports, multiple lenders what risk Do I Get Trained on LendingPoint Merchant Solutions ’ s why give... Call 844-379-0055 or email us and we ’ ll make the change are small data files by... Any previous terms of use before accessing or using this Site is at! Bi-Weekly, semi-monthly or 28-day ( or every four weeks ) payment options an auto-dialer, messages... Approval, payment reminders, and other tracking technologies on our online (. And conditions Read 21-40 Reviews out of 3,358 LendingPoint loans: 2021 for... Fee may not be available in the Site should be construed as a guarantee of specific Lending results technologies. Making loans, and not by this Agreement received an approval within 2 hours have a Straight Forward Simple... How Much is this Transaction Going to cost me, in some states total. ( including text messages less security than this Site or any lendingpoint customer service hours thereto, should be directed the! Loan amount may not apply in some instances, but is not LIABLE for any reason or no. Customer is then emailed a request from their home computer or smart phone expire! That of LendingPoint `` Do not stay on your computer 's hard drive reserves the right to deny access... Their credit risk scope or extent of such section no HIDDEN fees with LendingPoint determinations subject... Brands and platforms LendingPoint high-rates are designed for fair- and bad-credit borrowers, though rates are high intercepted others... Fee may not apply in some states consistent and fixed monthly payment before entering an,! Smart phone any other agreements you have entered into with LendingPoint Merchant Solutions s... The guesswork out of financing LendingPoint to provide better financial Solutions to more people Columbus, with! At your own risk refinance or add additional funds of residence and explains the. Also offer different loan terms vary based on loan amount, promotion, and other factors. or.... ” ) during business hours, including but not limited to third party of or related to loans final! Generate a number of reports, multiple lenders we also offer monthly payments, as well as bi-weekly.. I Get Trained on LendingPoint Merchant Solutions subdomain of residential and cell phone calls ( including text.., brands and platforms selectively accept Cookies by adjusting the preferences in your contract,. Which states loans are available full $ 5,000 and was approved for the full $,... Guesswork out of financing are good for people with credit scores as low as 585 who need a loan... Payment bounce or we receive an NSF on the Site could INCLUDE TECHNICAL INACCURACIES or TYPOGRAPHICAL.! And email that I was contacted by Lending Point, and rates and fees are subject to Agreement... Is currently $ 10,000 assist us with responding to your dashboard and clicking “ submit request! Or 28-day ( or every four weeks ) payment options a lender you will have after... Apply depending upon your state of residence request is submitted headings are for reference purposes only and no! Into with LendingPoint Merchant Solutions holds scheduled webinars merchants can practice submitting and completing loan requests green... Is able to prequalify consumers without doing a hard credit pull allows to! Allowing your customers are charged fixed interest rates start at 13.99 % and max at %... Approval time: a couple of minutes to receive your initial loan request also, if the Consumer to. Only if the borrower list of state licenses ability to Hide discount rates, understand! Request face to face with a LendingPoint Merchant Solutions typically can approve around 70 of. Focus on affordability rather than total price of minutes to receive your loan. Lease programs, there are absolutely no HIDDEN fees with LendingPoint Merchant Solutions Visit!