When it comes to debt relief, the question of whether or not a company is legit is always top of mind. Point Break Financial is a web-based platform that connects borrowers with lenders and has been around since 2018. Read our full Point Break Financial Review for more information.
Is Point Break Financial Legit?
When considering whether or not Point Break Financial is legit, it’s essential to look at customer reviews. While some customers have had negative experiences with the company, many have found its services helpful in finding the right lender for their needs.
Overall, Point Break Financial appears to be a legitimate company providing useful services for those looking for debt consolidation or other loan options. However, it’s always important to research before signing up with any company or making any financial decisions.
Who Owns Point Break Financial?
The answer might surprise you. Point Break Holdings LLC provides this debt consolidation service. The company’s mailing address is 1968 S Coast Highway #28 in Laguna Beach, California. Interestingly, neither the CEO nor any other important employees are mentioned on the website. If you’re thinking about employing their services, this is certainly something to be aware of.
What is currently understood about Point Break Financial? Point Break Holdings LLC runs them as a debt consolidation business. The identity of the CEO or any other essential employees is not disclosed on the website. If you’re considering employing their services, this can be a reason for caution. Before making any decisions, do your homework and read reviews.
Point Break Financial Debt Consolidation: Pros And Cons
There are more drawbacks than advantages if you’re thinking of Point Break Financial debt consolidation. They’re not lenders. Therefore, you’ll need to go through a third party, which might be problematic, as they’re not lenders themselves.
Second, this business has had several stories of individuals being scammed. Therefore, if you do choose to use them, go with extreme caution and double-check that you comprehend the terms and conditions before signing anything.
In general, it is not advised to consolidate debt with Point Break Financial. There are other choices available that won’t expose you to scams. point break financial review point break financial reviews
Point Break Financial BBB Rating & Reviews
It might be challenging to choose the finest debt consolidation company because there are so many of them available. The purpose of this review is to provide you with the information you need to decide if Point Break Financial is the right business for you.
Point Break Financial doesn’t have a BBB account; it was discovered after some research. Although it’s not always a terrible thing, it is something to be aware of. It was also found that the company is the subject of various internet complaints. Not a big deal, but something to be mindful of.
Overall, it must be acknowledged that Point Break is not faultless. As usual, conduct your research before making any significant decisions.
Will Point Break Financial Hurt My Credit?
Taking out a debt consolidation loan can be beneficial in some cases because it can help you pay off existing debts faster and at lower interest rates than what you would typically get from other lenders. This could improve your credit score by making timely payments and keeping your balances low. On the other hand, if you fail to make payments or take out too much debt, it could negatively impact your credit score.