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Tripoint Lending
DEBT CONSOLIDATION REVIEW
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Tripoint Lending Review
Tripoint Lending is part of the new wave of companies that are targeting American consumers with low interest rate personal loans and debt relief services. Generally, they engage consumers through direct mail, cold calling and internet ads. Generally, they target consumers with less than perfect credit and offer them a low interest rate debt consolidation loan to lure them in. Consumers have reported that they fall victim to bait and switch tactics. Based on their credit report, they are told they do not qualify for the advertised personal loan interest rates and are flipped to a debt settlement product with higher monthly payments.
2.5 out of 5.0 stars
5/5
- BBB A+ Rating
- Minimum Debt $10,000
- No Minimum Credit Score
- $3 billion+ debt resolved
4/5
- BBB A+ Rating
- Minimum Debt $7,500
- No Minimum Credit Score
- $500 million debt resolved
Is Tripoint Lending legit?
- Tripoint Lending sends out a lot of pre qualified direct mail offers with low annual percentage rates.
- They claim to consider factors such as credit score, credit history, and debt to income ratio to determine eligibility.
- As a marketing lead generator, they have no control over the application process.
- The Tripoint Lending BBB rating is strong but overall, Tripoint Lending reviews are inconsistent.
Tripoint Lending Reviews
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Tripoint Lending Review
(2.5)
2.5
Tripoint Lending- Consumer Warning
CONSUMER WARNING 2.5 out of 5.0 stars Tripoint Lending is part of the new wave of debt consolidation companies that are targeting American consumers. Generally, they engage consumers through direct mail, cold calling, and internet ads. Generally, they target consumers with less than perfect credit and offer them low-interest rates to lure them in. Ultimately, they are switched to higher-cost loans or debt relief products.
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