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Updated about 7 years ago on .

User Stats

133
Posts
41
Votes
Dustin Burke
  • Investor
  • Wichita, KS
41
Votes |
133
Posts

Fundwise - Line of Credit - Loan - Credit Card

Dustin Burke
  • Investor
  • Wichita, KS
Posted

Buyer beware! Ask the right questions so you are confident of what you are applying for...

All, I was looking to obtain a Unsecured Personal Line of Credit when I went thru Fundwises preliminary approval process. Below are the three offers they presented.

I believe I was mislead when I spoke to them over the phone prior to going thru the preapproval process.

I did not accept any of the three options as they are charging a 9%!!! fee of the total funding amount I decide to secure. They did however put a cap of $5k on that fee. Thanks Fundwise... This financing I could have secured on my own.

Now, with that said, if you are having trouble finding a 0% introductory offer credit card, Fundwise can help; for a hefty fee that is... Or just go to: https://www.nerdwallet.com/the-best-credit-cards?t...they do a good job comparing different cards and shows what kind of credit rating is required for each.

Hope this info keeps someone out of trouble.

Blue skies always, Dustin