WithU Loans Review: Is It Legit or a Scam?

WithU Loans Review: Is It Legit or a Scam? 1

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WithU Loans, a tribal lending entity, has gained attention for offering quick financial solutions to individuals in need. This service promises fast funding, often within 24 hours, making it a tempting option for those with urgent financial requirements. However, the convenience of easy access to funds comes with its own set of challenges and concerns. Reports of high interest rates and unfavorable customer experiences have surfaced, painting a complex picture of WithU Loans. This review aims to provide a balanced perspective, helping potential borrowers make an informed decision by examining the pros and cons, customer feedback, and the legal landscape surrounding WithU Loans.

WithU Loans Review: Is It Legit or a Scam?

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WithU Loans Pros and Cons


  • No Credit Check Required: One of the notable advantages of WithU Loans is the absence of a stringent credit check, making it accessible to individuals with bad credit or limited credit history​​.
  • Fast Funding: WithU Loans stands out for its quick funding capability, often delivering funds to borrowers within 24 hours. This rapid service is particularly beneficial for those in immediate financial need​​.
  • Reports to Credit Bureaus: Unlike some lenders, WithU Loans reports on-time payments to major credit bureaus. This practice provides borrowers with an opportunity to improve their credit scores, assuming they manage their loans responsibly​​.


  • High Interest Rates: The most significant downside of WithU Loans is its exorbitantly high interest rates. Borrowers have reported being shocked by the actual rates charged, which can drastically exceed initial estimates and significantly increase the total repayment amount​​.
  • Unauthorized Loans and Service Issues: There have been reports of loans being deposited into consumer accounts without authorization. Additionally, the company has been criticized for its service, including difficulties in resolving fraudulent accounts and a lack of responsiveness to customer inquiries​​​​.
  • Legal and Ethical Concerns: WithU Loans has faced legal challenges, including a federal lawsuit alleging racketeering and usury violations. These serious allegations raise questions about the lender’s practices and the ethical implications of borrowing from them​​.

WithU Loans Products and Services

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Photo Credit: Medallion Media Group

WithU Loans offers financial products tailored to meet the needs of borrowers seeking quick cash solutions, especially those with poor credit histories or those in need of emergency funds. Here’s an overview of their primary offerings and the requirements potential borrowers need to meet:

  • Loan Amounts and Terms: WithU Loans provides loans up to $2,500, a cap that caters to small to medium-sized financial needs. The terms of these loans, including repayment periods, are designed to offer flexibility, although the specifics can vary depending on the borrower’s situation​​.
  • Requirements for Approval: To qualify for a loan with WithU, applicants must reside in one of the 40 states where its services are available. There’s no explicit mention of a minimum income or credit score requirement, indicating a level of flexibility in their approval process. However, proof of income is likely needed to secure a loan, ensuring borrowers have the means to repay their debt​​.
  • Accessibility to Borrowers with Bad Credit: A significant advantage of WithU Loans is its availability to individuals with bad or no credit. This inclusivity aligns with the company’s goal of providing financial support to a broader segment of the population, who might otherwise be ineligible for traditional bank loans​​.
  • Reporting to Credit Bureaus: WithU Loans reports on-time payments to the three major credit bureaus. This feature is a double-edged sword; it means that while responsible borrowers can improve their credit scores, late payments can negatively impact their credit history​​.

Despite these services, it’s crucial for potential borrowers to be aware of the high interest rates and fees associated with WithU Loans’ products. These can significantly increase the cost of borrowing, making it imperative for individuals to consider their ability to repay a loan before proceeding.

WithU Loans Reviews

The customer feedback on WithU Loans paints a diverse picture, indicating a mixed experience among borrowers. This section delves into the various aspects of customer reviews, highlighting the good, the bad, and the areas of concern as reported by users.

Positive Feedback:

  • Quick Funding and Accessibility: Some borrowers have appreciated WithU Loans for its swift funding process, which is crucial during emergencies. The lender’s openness to working with individuals with bad credit has also been a lifeline for those with limited borrowing options. Customers have mentioned the ease of the application process and the helpfulness of the staff, underscoring the positive aspects of their service​​.
  • Credit Building: For borrowers focused on improving their credit score, WithU Loans’ practice of reporting on-time payments to credit bureaus has been beneficial. This feature has enabled some users to enhance their credit history by maintaining a consistent repayment schedule​​.

Negative Feedback:

  • High Interest Rates: A significant portion of the criticism directed at WithU Loans revolves around its exorbitantly high interest rates. Borrowers have reported instances where the total repayable amount far exceeded their initial loan due to these rates, leading to financial strain and dissatisfaction​​​​.
  • Service and Communication Issues: Complaints about service quality and communication have surfaced, with some customers finding it difficult to get in touch with customer support. Issues ranging from unresponsiveness to difficulties in resolving disputes have been highlighted, impacting the overall customer experience​​​​.
  • Unauthorized Loans and Fees: There have been alarming reports of loans being disbursed without explicit authorization from the borrower, coupled with complaints about hidden fees that were not clearly disclosed upfront. These practices have raised concerns about transparency and ethical lending​​​​.

Legal and Ethical Concerns:

WithU Loans has faced scrutiny and legal challenges, including a federal lawsuit alleging predatory lending practices. These issues have contributed to a negative perception among a portion of their customer base, with allegations of usury and racketeering raising serious questions about the company’s operations​​.

Mixed Experiences:

While there are borrowers who have had positive experiences with WithU Loans, benefiting from quick access to funds and the opportunity to improve their credit, the lender’s high interest rates and service issues have left many others dissatisfied. Prospective borrowers are advised to carefully weigh these reviews and consider their own financial situation and needs before deciding to proceed with WithU Loans.

WithU Loans BBB

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/Photo Credit: Medallion Media Group

The Better Business Bureau (BBB) profile for WithU Loans reveals important insights into the company’s business practices and customer interactions. Here’s a summary of key points from the BBB regarding WithU Loans:

  • BBB Accreditation and Rating: WithU Loans is not accredited by the BBB, and it holds a rating of “B-.” This rating reflects the BBB’s opinion of how the business is likely to interact with its customers, considering complaint history, business practices, and more​​.
  • Pattern of Complaints: The BBB has identified a pattern of complaints against WithU Loans. These complaints frequently mention issues such as unauthorized loans being deposited into consumer accounts and unexpectedly high interest rates. In July 2022, the BBB reached out to WithU Loans, encouraging them to address the pattern of complaints. The company responded with plans to improve their automated phone system and customer service but did not directly address the issues raised in the complaints​​.
  • Customer Reviews and Complaints: WithU Loans has received a notably low customer review rating on the BBB website, with an average of 1.07/5 stars based on 197 customer reviews. Additionally, the business has accumulated 203 complaints closed in the last 3 years, with 128 of those closed in the last 12 months. These figures indicate a significant level of customer dissatisfaction and concerns regarding the company’s practices​​.
  • BBB’s Investigation: In July 2022, the BBB conducted an investigation into WithU Loans’ business practices, prompted by a large volume of complaints. The investigation focused on issues like high interest rates and unauthorized loan deposits. Despite reaching out with specific questions, the BBB did not receive a response from WithU Loans, leaving unresolved questions about the company’s business model and practices​​.

The BBB’s findings and the pattern of complaints against WithU Loans highlight serious concerns about their lending practices, customer service, and transparency. Prospective borrowers should consider these factors carefully when evaluating whether to engage with WithU Loans for their financial needs.

WithU Loans Trustpilot

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Photo Credit: Medallion Media Group

Trustpilot, a widely recognized platform for customer reviews, offers additional insights into consumer experiences with WithU Loans. The reviews on Trustpilot echo some of the sentiments found in BBB complaints and highlight the lender’s areas of concern as well as occasional positive feedback.

  • Overall Rating: WithU Loans has a low average rating on Trustpilot, with an average score of 1.7 out of 5 stars. This rating is based on a relatively small number of reviews, indicating a generally negative perception among those who have left feedback​​.
  • Customer Complaints: The primary complaints from Trustpilot reviewers align closely with those reported to the BBB. High interest rates and poor customer service are common themes. Borrowers have expressed frustration over what they perceive as misleading terms and a lack of transparency regarding the loan costs. Some reviews mention difficulties in communication with WithU Loans, including unresponsiveness to emails and calls​​.
  • Positive Remarks: Despite the predominance of negative reviews, there are instances where customers have reported satisfactory experiences. These include appreciation for the quick access to funds and the ability to obtain a loan despite having bad credit. However, these positive comments are far outweighed by the negative feedback​​.
  • Analysis: The Trustpilot reviews suggest that while WithU Loans may offer a necessary service for individuals in dire financial situations, the overall customer satisfaction is low. The high cost of loans, compounded by service issues, makes it a less favorable option for many. Potential borrowers should heed these reviews as a caution and thoroughly evaluate their options before proceeding with a loan from WithU Loans.

The feedback from Trustpilot further underscores the importance of conducting comprehensive research and considering all aspects of borrowing from WithU Loans. The recurring themes of dissatisfaction among reviewers highlight significant areas that the lender may need to address to improve its services and customer relations.

WithU Loans Cost

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Photo Credit: Medallion Media Group

Understanding the cost of borrowing from WithU Loans is crucial for potential borrowers. This section breaks down the financial implications, focusing on interest rates and additional fees, as reported by customers and financial reviews.

  • Interest Rates: The interest rates charged by WithU Loans are a significant concern among borrowers. Reviews and complaints have highlighted instances where the actual interest rates far exceeded what was initially disclosed or expected. With APRs ranging from 159.99% to as high as 539.99%, the cost of borrowing can quickly escalate, making it difficult for borrowers to manage their repayments​​.
  • Comparative Costs: When compared to traditional bank loans or even some online lenders, WithU Loans’ interest rates are substantially higher. This high cost is attributed to the lender’s target market—individuals with bad credit or those in urgent need of funds. While WithU Loans provides a crucial service by offering loans to those who might not have access elsewhere, the financial burden imposed by these rates can be significant​​​​.
  • Additional Fees: Beyond the interest rates, borrowers have reported being charged additional fees that were not clearly disclosed at the outset. These can include origination fees, late payment fees (up to $50), and other charges that add to the total cost of the loan. Such practices have led to complaints about transparency and the overall fairness of WithU Loans’ lending practices​​.
  • Cost-Benefit Analysis: Prospective borrowers should conduct a thorough cost-benefit analysis, considering the urgency of their financial need against the total cost of a loan from WithU Loans. It’s essential to explore all available options, including other lenders with lower interest rates and fees, before committing to a loan that could potentially exacerbate financial strain.

The high cost of loans from WithU Loans, highlighted by its interest rates and fees, necessitates a cautious approach. Borrowers are encouraged to read loan agreements carefully, understand all associated costs, and consider the long-term implications of accepting a loan with such high charges.

Legal Challenges and Consumer Warnings

WithU Loans has faced significant legal challenges and consumer warnings that potential borrowers should be aware of. These issues highlight the importance of understanding the lender’s practices and the potential risks involved in obtaining a loan.

  • Federal Lawsuit and Allegations: A notable legal challenge facing WithU Loans involves a federal class action lawsuit alleging racketeering and usury violations. The lawsuit, filed in the U.S. District Court for the Middle District of Florida, accuses WithU Loans of conspiring to trap borrowers in loans with unlawfully high interest rates, exceeding 520%, in violation of the federal Racketeer Influenced and Corrupt Organizations (RICO) Act. This legal action underscores serious concerns about the lender’s practices and the ethical implications of their business model​​.
  • BBB Warnings: The Better Business Bureau (BBB) has issued warnings regarding WithU Loans, particularly highlighting a pattern of complaints related to unauthorized loans and exorbitant interest rates. Despite outreach efforts by the BBB, WithU Loans has been criticized for an inadequate response to these complaints, raising questions about the company’s commitment to resolving consumer issues and improving its practices​​.
  • Consumer Complaints and Regulatory Attention: The volume and nature of complaints against WithU Loans have attracted regulatory attention. Complaints have focused on issues such as loans issued without authorization, misleading information about interest rates, and difficulties in resolving disputes. These complaints not only reflect poorly on WithU Loans’ customer service but also suggest potential violations of lending laws and regulations​​​​.
  • Implications for Borrowers: These legal and ethical challenges suggest that potential borrowers should proceed with caution. It’s crucial to fully understand the terms of any loan agreement, be aware of the lender’s history of legal issues, and consider the potential impact on personal finances. Borrowers are encouraged to explore alternative lending options and seek advice from financial advisors or legal counsel when faced with questionable lending practices.

The combination of legal challenges, consumer warnings, and regulatory scrutiny paints a complex picture of WithU Loans. While the lender may offer necessary financial services to some, the associated risks and ethical considerations make it imperative for consumers to conduct thorough research and consider all factors before engaging with WithU Loans.


WithU Loans offers a lifeline to individuals in urgent financial need, especially those with poor credit histories. However, the benefits of quick funding and accessibility are significantly overshadowed by high interest rates, legal challenges, and widespread customer dissatisfaction. The pattern of complaints and allegations of predatory lending practices necessitate a cautious approach. Potential borrowers should thoroughly research and consider all options before proceeding with WithU Loans. Exploring alternatives that offer lower rates and more transparent terms might prevent financial strain in the long run. Ultimately, financial decisions should be made with a full understanding of the terms and potential repercussions, ensuring that the chosen solution aligns with one’s financial health and goals.

Frequently Asked Questions

What are the risks of borrowing from high-interest lenders like WithU Loans? Borrowing from lenders with high interest rates, such as WithU Loans, can lead to a cycle of debt due to the substantial financial burden imposed by exorbitant interest and fees. This may significantly increase the total repayment amount, making it difficult for borrowers to manage their finances and potentially leading to default.

How can I improve my credit score while having a loan? Making on-time payments is crucial for improving your credit score. Lenders like WithU Loans that report on-time payments to the major credit bureaus can positively impact your credit history. Additionally, maintaining low credit card balances and limiting new credit inquiries can further enhance your credit score.

What should I do if I can’t make a loan payment on time? If you’re unable to make a loan payment on time, it’s essential to contact your lender immediately. Many lenders, including WithU Loans, may offer options such as payment plans or extensions to help manage your loan. Communicating proactively can prevent late fees and negative impacts on your credit score.

Are there alternatives to high-interest personal loans for emergency funds? Yes, there are several alternatives to high-interest personal loans, including credit union loans, which often come with lower interest rates and more flexible terms. Other options include assistance programs, negotiating payment plans for bills, or borrowing from friends and family in a financial pinch.

How do I identify predatory lending practices? Predatory lending practices can be identified by looking for red flags such as excessively high interest rates, hidden fees, loan flipping (repeated refinancing that causes fees to add up), and aggressive sales tactics. Borrowers should thoroughly research lenders, read loan agreements carefully, and consider seeking advice from financial experts before committing to a loan.

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