Centennial Funding Review: Is It A Scam Or a Savior?

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Centennial Funding is a company that collaborates with a network of independent lenders to provide credit options to individuals in need. However, it’s essential to examine the details to determine whether it’s a legitimate service or a potential scam.


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Understanding Centennial Funding: What They Offer?

Centennial Funding operates as a facilitator, connecting borrowers with potential lenders in their network. They provide access to personal loans and debt consolidation loans, giving borrowers options to explore. It’s important to note that Centennial Funding itself does not lend money or engage in any lending activities. They primarily act as an intermediary between borrowers and lenders.

Loan Terms and Variations

Centennial Funding offers loan amounts, terms, and APRs that can vary based on credit determination and state regulations. Minimum loan amounts may also differ from one state to another. The approval process may take longer if additional documents are requested, and loan terms will be influenced by creditworthiness and state laws.

Understanding Centennial Funding’s Operation

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The company’s process involves reviewing applications to connect borrowers with suitable lenders. However, it’s essential to remember that each lender has its lending standards, and borrowers may not qualify for credit if they fail to meet the lender’s requirements.

BBB Rating and Accreditation

While Centennial Funding holds an A+ rating from the Better Business Bureau (BBB), it’s important to note that they are not accredited by the organization. Additionally, there are no reviews or complaints registered with the BBB for Centennial Funding. While the A+ rating is positive, it’s always prudent to consider other factors and conduct further research.

The Need for Due Diligence

While Centennial Funding appears to be a legitimate service, potential customers must exercise caution and conduct due diligence. They should thoroughly understand the terms, fees, and conditions of any loan before proceeding. Reading customer reviews and experiences can provide valuable insights and help make an informed decision.

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Conclusion: Proceed with Caution

In conclusion, Centennial Funding appears to offer legitimate services, connecting borrowers with potential lenders for personal loans and debt consolidation. However, it’s crucial for potential customers to perform due diligence and understand the terms and conditions of any loan offered. While the A+ rating from the BBB is positive, it’s essential to consider other factors and read customer reviews before making a decision.

Remember, when it comes to financial matters, it’s always best to err on the side of caution and carefully assess all available information to protect your financial well-being

Centennial Funding FAQs

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How much does Centennial Funding charge?

After an extensive search of the Centennial Funding website, we were unable to find any information regarding how they receive payment. There is no mention of fees or how they generate income anywhere on the site.

Are there any pre-payment penalties?

With Centennial Funding you’ll have a variety of personal loans available, each with different terms and conditions. Some lenders allow for early repayment or overpayment, while others have strict payment schedules.

Is Century Law Firm associated with Centennial Funding?

No, Century Law Firm is not associated with Centennial Funding. They are a law firm that specializes in Chapter 11 bankruptcies. Chapter 11 is a type of bankruptcy that allows businesses to reorganize and repay their creditors over time.

If you are considering filing for bankruptcy, they can help you understand your options and what the process entails. They have experience representing businesses of all sizes in Chapter 11 proceedings.

How does Centennial Funding affect your credit?

It is important to be aware of the potential impact that taking out a loan can have on your credit score. While a free consultation with a lender will not lower your score, proceeding with the loan and allowing the lender to check your credit could have a negative effect. Therefore, it is crucial to understand the implications of each step in order to maintain good credit health.

How to cancel Centennial Funding?

As anyone who has ever taken out a loan knows, it’s important to be aware of the terms and conditions before signing on the dotted line. With a personal loan, you may get the money you need quickly, but it’s important to understand that once the funds have been deposited, you can’t cancel or reverse the loan. So, before making a final decision, be sure to weigh all your options and consider whether taking out a loan is the right choice for you.

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What is a debt consolidation loan?

A debt consolidation loan is a type of loan that allows you to pay off multiple debts with a single monthly payment. This can be a great way to save money on interest and simplify your finances.

There are two main types of debt consolidation loans: secured and unsecured. A secured debt consolidation loan uses collateral, such as your home equity, to secure the loan. An unsecured debt consolidation loan does not require collateral but typically has a higher interest rate.

If you’re considering a debt consolidation loan, it’s important to compare offers from multiple lenders to find the best terms for you. Be sure to consider the fees, interest rates, and repayment terms before you decide on a loan.

Is Centennial Funding Legit? 

Lead generator companies like centennialfunding.com can be very useful when you’re trying to get a loan. They work with multiple lenders and can help you find the best deal possible. They have a good A+ rating with the BBB, but they’re not accredited. There are no reviews or complaints either.

Before deciding on a company to do business with, it is important to research the businesses thoroughly and read customer reviews. This will ensure that you are making the best decision for your needs.

What are your thoughts on Centennial Funding? Have you had any experiences, good or bad, that you’d like to share? We’d love to hear from you in the comments.


  1. Centennial Funding: A debt consolidation company that offers services to help individuals manage their debts effectively and efficiently.
  2. Scam: A deceptive scheme or fraud typically designed to cheat someone out of money or valuable information.
  3. Savior: Refers to a person or entity that provides help or salvation in a difficult situation. In this context, it would mean a service that genuinely helps in managing debts.
  4. Debt Consolidation: The process of combining multiple debts into a single, larger piece of debt, usually with more favorable payoff terms.
  5. Debt Management: A strategy or service designed to help a debtor manage or reduce their outstanding debts.
  6. Interest Rate: The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan.
  7. Credit Score: A numerical expression based on a level analysis of a person’s credit files, representing their creditworthiness.
  8. Creditor: A person or company to whom money is owed.
  9. Financial Stability: The ability to maintain constant levels of economic growth, full employment, price stability, and external balance, over time.
  10. Debt Settlement: A negotiated agreement in which a debtor pays less than the total amount owed to the creditor, often in a lump sum.
  11. Monthly Installments: Regularly scheduled payments of debts in equal amounts over a specified period.
  12. Unsecured Debt: A type of debt that is not protected by a guarantor or collateralized by a lien on specific assets of the borrower.
  13. Collection Agency: A company used by lenders or creditors to recover funds that are past due or in default.
  14. Financial Counseling: Professional advice given to individuals to help them manage their money and debt, and create budgets.
  15. Customer Service: The assistance and advice provided by a company to those people who buy or use its products or services.
  16. Better Business Bureau (BBB): A private, nonprofit organization that provides information on businesses, such as reviews and ratings, to help consumers make informed decisions.
  17. Debt-to-Income Ratio (DTI): A personal finance measure that compares the amount of debt you have to your overall income.
  18. Credit Counseling: Professional counseling services that aim to help consumers pay off their debt and improve their credit.
  19. Financial Hardship: A situation where a debtor is unable to meet his or her debt obligations due to unforeseen events that decrease income or increase expenses.
  20. Bankruptcy: A legal proceeding involving a person or business that is unable to repay its outstanding debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors.
  21. Debt consolidation loan options: Debt consolidation loan options refer to various financial strategies or plans that allow individuals to combine multiple debts into one single loan with a potentially lower interest rate or more manageable payment terms.
  22. Monthly payments: Monthly payments refer to the fixed amount of money paid each month over a specified period of time towards the repayment of loans, mortgages, or other debts.
  23. Credit card debt: Credit card debt refers to the outstanding amount of money that a credit card holder owes to the credit card issuer.
  24. Credit history: Credit history refers to a record of a person’s or company’s past borrowing and repaying behavior, including information about late payments and bankruptcy.
  25. Unsecured loan: An unsecured loan is a type of loan that doesn’t require the borrower to provide collateral or security against the loan.
  26. Debt Consolidation Program: A Debt Consolidation Program is a service that combines multiple debts into a single payment, typically with a lower interest rate.

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