Credit9 Review: Is It A Scam Or Legit? Find Out Here

Credit9 Review

Credit9 offers personal loans and debt consolidation options to meet your needs. There are three websites:,, and Cross River Bank makes all loans available through Credit9 LLC.

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Credit9 Summary

Loans can be a great way to finance big purchases or consolidate debt. But with so many lenders out there, it’s important to choose the right one for your needs. Credit9 is a popular option, but is it the best fit for you? Here’s a closer look at what this lender has to offer so you can make an informed decision.

  • All loans are made available through Credit9 LLC and funded by Cross River Bank.
  • APRs will range from 4.99% to 24.00%, and an origination fee of 2.5% will be charged.
  • The majority of loans that have a lower interest rate or are worth more than $35,000 are likely to be brokered.
  • According to state law and credit determination, a customer’s loan amount, term, and APR may vary. Minimum loan amounts vary from state to state.
  •  Credit determinations and state laws will affect approval and loan terms.

There may be differences in rates between states. Visit Credit9’s licensing page to determine the rates that apply in your state.

Credit9 Review: Is It A Scam Or Legit? Find Out Here 1

What is Credit9?

Credit9 provides loans to consumers and businesses. As a Delaware Limited Liability Company licensed lender, the company has an A+ rating with the Better Business Bureau. In addition to 37 complaints filed against the company, 1,676 customer reviews have been submitted.

Located in Irvine, California, Credit9 has an online application portal,, where you can easily apply for loans. They are affiliated with Americor and Fast Loans Funding and use Credit9 Holdco Inc as an alternative name. The number to call is (800) 291-0172 if you would like more information.

What are the fees for Credit9?

Credit9 offers some of the lowest interest rates on personal loans, but it’s important to know the facts before you apply. In reality, most states’ APR for such loans ranges between 18% and 24%, which can include an origination fee of 2.5%. Loans above $35,000 may also be brokered out to other lenders.

How does Credit9 work?

To apply for a Credit9 loan, you must know the rules and regulations regarding how much you can borrow, as well as the interest rate and repayment terms. Your credit score and state of residence will determine the amount you are required to pay. The minimum loan amount will vary from state to state in general.

According to Credit9’s website, if the loan amount is $4300.00 and the APR is 24.00%, a monthly payment of $191.99 is made over 30 payments.

If additional documents are required from you, the approval process may take a bit longer.

How to qualify for a Credit9 loan?

There are a few things you’ll need before you can qualify for Credit9’s best rates. For starters, you’ll need to have good credit. You’ll also need to have a reliable income and employment verification.

The next step is to complete an application if you meet these qualifications. The approval process may take longer if additional documents are required. You may be approved for a loan within a day, however, if everything looks good.

Different terms and conditions may apply depending on your credit score and the laws of your state. Therefore, it is always best to check with a local Credit9 representative to see what options are available to you.

To qualify, you must meet the following criteria:

  • You must be at least 18 years old (19 in Alabama)
  • Maintain a regular income
  • You should have a checking or savings account
  • Be a U.S. citizen or permanent resident alien with a valid Social Security number

How much does Credit9 save you?

Debt can be a burden, but Credit9 may be able to help you save money on your credit card payments. They can work with you to get a lower interest rate, which could save you money over time. Plus, getting a loan that you can comfortably repay frees up extra cash for things like your dream wedding or vacation.

There are a lot of things to consider before taking out a loan. It’s important to make sure you can afford the payments because missing one could ruin your credit score and put you in a difficult financial situation. Defaulting on the loan could have even worse consequences, so it’s important to be thoughtful about taking one out in the first place.

Will Credit9 Hurt My Credit?

Will Credit9 hurt my credit? When taking out a loan, it’s important to understand the process and how it may affect your credit score. To determine your eligibility for a loan, many lenders conduct a soft credit check. Your credit score is not affected by this.

Decisioning to move forward with a loan application will result in the lender requiring a hard credit inquiry to gain a full view of your credit history and offer you final rates. Lowering your credit score, these hard inquiries can have an impact on future loan options.

Who is Credit9 affiliated with?

As an alternate name, Credit9 Holdco Inc. is affiliated with Americor and Fast Loans Funding.

Credit9 Customer Reviews

Credit9 Review: Is It A Scam Or Legit? Find Out Here 2

The company has an A+ rating with the Better Business Bureau and has been accredited since 2018. In the last three years, they have received 36 complaints. In the past twelve months, eight of these have been closed.

Here are some Credit9 BBB Reviews:

Kareena H 09/05/2022

My rep explained things well. I was able to understand what the offer was. I peppered him with questions. it didn’t phase him. He answered them all. He stayed in touch with me throughout the whole process

Darren B 09/03/2022

Thanks to ******** and Credit9 to help me get out of debt. They did everything they said they would. Today I talked with *********************** to pay off my balance and she was very helpful and friendly. Thanks *****! I would recommend them for sure

Rebecca A 06/17/2022

****** was very helpful the reason for the 3 stars is the effect it had on my credit score. I knew it would affect it some just not 200 points!!

Pep J 06/10/2022

They are a classic bait and switch loan company. They tell you you are paying close to 0% interest rate and then you find out they are charging actually 20%. They tell you after they settled with the credit card companies this is the way to go and it really is the worst decision you will make. You are stuck with even more debt and it’s a never-ending cycle. I’m fighting this now with FCRA

Complaint Type: Problems with Product/Service 05/04/2022

They send out a letter by mail that you are prequalified for a debt counseling loan and all it is is a bit to try and get you to do a program that they are going to settle all your debt. They never intended to help you Consolidate they just want to set you up on a program to let you get behind on what you owe and they will settle. This is a False advertisement I never intend to help you get a lower rate and give you alone to help you get is it

Is Credit9 a debt settlement company?

Credit9 does not offer debt settlement services. They offer personal loans and debt consolidation loans. Their customers do not settle their debts with them.

Whenever your debt is settled for less than what you currently owe, with the promise that you’ll pay the full amount settled, it is called debt relief or debt adjustment.

There are many methods of debt relief available, but it can be difficult to choose the best one. While some people attempt to negotiate with their creditors on their own, others seek the assistance of third-party companies. In some instances, debt settlement could cause more financial harm than good, as not all lenders accept debt settlements.

Possible risks of unsecured personal loans

It is possible to use open-ended loans for a variety of purposes, including paying off high-interest credit cards, funding an adoption, or covering other expenses. Despite this, it is important to take into account the risks involved with these types of loans before signing any agreements. There are several risks associated with open-ended loans, including:

1. The Interest Rate

When considering taking out a personal loan, it is crucial to comprehend the interest rate you will be incurring. Some personal loans come with low-interest rates as low as 10%, while others may be up to four times higher. Your credit score will play a role in the interest rate you are offered, but lenders reserve the right to set whatever rate they please within legal limits.

2. Early-Payoff Penalties

Personal loans come with a whole host of terms and conditions, one of which may be a penalty for early repayment. This varies from lender to lender, so it’s important to read the small print before signing on the dotted line. Some lenders are more lenient than others when it comes to early repayment, so this is something to bear in mind when choosing a personal loan.

3. Expensive Fees Upfront

If you plan to take out a loan, you should be aware of any upfront fees that may need to be paid to receive the funds. As these fees can differ significantly from one lender to another, it is important to shop around and ensure you are getting a fair deal. You may choose from a variety of loan providers, so do not feel compelled to choose the first one you are approved for.

4. Privacy Issues

As more and more people turn to online banking, privacy concerns are mounting. Though banks and credit unions are held to strict privacy laws, other lenders may not be. This can leave consumers feeling uncertain about who they can trust to handle their personal information.

5. The Insurance Pitch

It is not uncommon for personal loans to be accompanied by a sales pitch for additional life or disability insurance. Call an agent you trust and get a quote for general disability insurance if you want this type of protection. In most cases, it is cheaper and has better coverage than the lender’s insurance.

How safe is Credit9?

There are mixed reviews when it comes to working with Some people have had positive experiences, finding the company helpful in securing financial assistance. However, others have found the company difficult to work with. No matter what your experience has been, is a legitimate company that claims to help many people get the financial assistance they need.

You must research different lenders and compare their rates before taking out a loan. You should do this to find the right loan for your needs. Also, it is recommended that you read customer reviews to ensure that you are not getting into a loan that you cannot afford.

Have you had any experience with Credit9? We’d love to hear about it in the comments below.

Thank you for reading!

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