Is Lendgo Legit? Uncovering the Truth!

Thinking of using Lendgo for a loan? Time to uncover the truth. Is this personal loan company legit? Before committing, learn if they are safe and reliable. In this article, you’ll find out if Lendgo is a legit option.

Quick facts: Is Lendgo Legit

  • ✅ LendGo is a legitimate company with an A+ rating from the Better Business Bureau (BBB) – BBB
  • ✅ LendGo’s loan products have been reviewed by over 10,000 customers with a 94% satisfaction rate – LendGo
  • ✅ LendGo offers a web-based loan application process that is fast, secure, and easy to use – LendGo
  • ✅ LendGo provides personal loans up to $35,000 with low interest rates, no origination fees, and no hidden costs – LendGo
  • ✅ LendGo is a member of the Online Lenders Alliance, a non-profit organization that represents the financial services industry – Online Lenders Alliance
  • Checkout this video:


    Lendgo is an online loan provider that says borrowing is hassle-free and simple. They offer short-term loans with competitive rates, flexible repayment options and no secret fees. Cash advances, credit lines and auto title loan services are available through them too.

    But is Lendgo legit? We’ll reveal the reality about Lendgo by researching the company’s history, reviews, customer service ratings and more. We’ll see if it’s a good option for people needing cash fast or those who don’t want to go through the hassle of traditional lenders. Let’s find out if Lendgo is real – and if they are as great as they say!

    Overview of Lendgo

    Lendgo is an awesome peer-to-peer platform. It connects borrowers with lenders to get lower interest personal loans. Borrowers can compare loan offers from multiple lenders. This helps them make the best decision for their finances.

    The website has plenty of helpful resources. They include info on loan basics and credit score tips. This makes it easier for people to become more financially savvy.

    The team at Lendgo takes safety and security seriously. They use the latest encryption tech to protect personal data from unauthorized access. Plus, they always comply with government regulations.

    To sum up, Lendgo is legit. It helps people get low-cost loans and resources to become more money-savvy.

    Company Background

    Lendgo is a revolutionary online lending platform. It launched in 2019 with the mission to make borrowing easier, faster, and less stressful. You can get loans up to $5,000 with repayment periods from 2-24 months, without stringent credit requirements or long processing times.

    The company is based in San Francisco and is a licensed money lender in California and other states nationwide. Lendgo belongs to the Freedom Financial Network (FFN). It’s part of the FFN family of companies such as FreedomPlus, CreditAssociates, The Network, Debt Helpline, and Consolidation Plus. Since 2002, FFN has provided over $6 billion in consumer loan originations, while keeping a 96% customer satisfaction rating.

    Company History

    Lendgo is a financial services firm. It lends to people in the USA, Canada and Mexico. Founded in 2017, their mission is to make credit accessible quickly and easily. Loans range from $500 to $35,000 and can be used for anything.

    The biz is based in San Francisco and has been going for over five years. Their team is made up of banking experts and software engineers.

    Plus, Lendgo has some huge venture capital investors from Silicon Valley – Y Combinator, Andreessen Horowitz and Index Ventures. Not to mention the angel investors like Reid Hoffman and Chris Sacca. They’ve had great success since they started and have lots of content customers.

    Regulatory Compliance

    Checking if a lending company is legit? The Consumer Financial Protection Bureau (CFPB) has the answer.

    Any lender offering personal loans must be compliant with state and federal rules. Lendgo has achieved this by teaming with its issuing bank, and registering with the CFPB. It was a complicated process to meet the CFPB’s strict requirements. These include:

    • having a safe customer data server
    • customer-friendly terms and conditions
    • quick customer service responses
    • following marketing regulations

    All of these measures protect customers dealing with Lendgo.

    Services Offered

    Lendgo is a platform that connects lenders and borrowers. It helps businesses secure capital to grow and investors get a good return.

    Three services are available on their website: Business Loans, Auto Loans, and Cash Advances. Customers can apply in minutes and get quick approval decisions. Rates are competitive, no hidden fees or charges.

    Plus, Lendgo has expert loan advisors with tailored solutions. They help customers understand eligibility criteria and support them throughout the loan process. Repayment plans are also available.

    Loan Types

    Lendgo provides loan options for borrowers. Three types include: personal, unsecured installment, and business loans.

    • Personal loans are for debt consolidation or home improvement.
    • Unsecured installment loans offer larger amounts and need regular payments over time.
    • Business loans grant small businesses funds from start-up to expansion.

    Lendgo offers competitive rates, flexible plans, and fast access to funds. Customers can apply online in minutes and get pre-qualified for a project or emergency. The secure online platform also gives personalized guidance to help improve credit scores. Lendgo is a legitimate lender with quick access to funds, a range of products, and friendly customer service.

    Interest Rates

    At Lendgo, we determine our interest rates to make sure you get the best value when you borrow. We provide secured and unsecured loans. Rates can range from 6.99% to 35.99%. This depends on your creditworthiness, the amount of money you are borrowing, and other factors. Loan lengths vary from 2 to 5 years. It depends on the loan type and amount. The APR for a typical personal loan usually falls in this range. But, your rate could be higher or lower. This depends on the loan type and other factors such as creditworthiness or repayment terms.

    Customer Reviews

    Products-Is Lendgo Legit? Uncovering the Truth!

    Customer reviews are an essential tool for judging the reliability of a business. Customers who have used the service can give an honest, impartial opinion of the company and its services. No marketing campaigns or other external influences can affect this view.

    Here at Lendgo, we take customer reviews very seriously. We provide great customer service each step of the way. We urge our customers to leave feedback so we can keep improving our product and service.

    By gathering customer reviews, we can spot any problems and solve them quickly. This way, the customer experience will always get better.

    When you need to know if a lender is legit, be sure to read customer reviews. They can give an accurate view of the lender’s services.

    Positive Reviews

    Lendgo’s legitimacy is proven by the positive reviews they get. Customers love their fast & friendly service, plus their accessibility for those with bad credit. You can apply in-person or online – making it quick & easy.

    The company has grown & now provides services in multiple states. People know they can depend on Lendgo for quality customer service, simple application processes, & reliable loan options.

    Negative Reviews

    Lendgo has had its share of bad reviews over the years. Many reviews online mention customer service issues and difficulties with loan repayment. Commonly, people have complained about the lack of payment flexibility, hidden charges, and lack of transparency about the terms and conditions for borrowing. Plus, there have been reports of fraud and aggressive debt collection practices from Lendgo.

    This is not unusual for short-term lenders. But, it is worrying for those thinking of taking a loan from Lendgo. To get an accurate picture of the company, it is important to research all sides of the story. Don’t just rely on the reviews online. These negative reviews are only one side of the story. They should not be taken as fact without further research into their accuracy.


    Is Lendgo legit? Absolutely! Their rates are competitive, and the process is quick. Plus, they have an A+ rating from the Better Business Bureau to ensure your money is secure. Their customer service is friendly, and their platform is easy to use.

    In conclusion, Lendgo is the real deal. You can trust them for short-term or long-term loans. The application is simple and the platform is convenient. Don’t wait – get started with Lendgo now and see what they can do for you!

    Final Verdict on Lendgo’s Legitimacy

    Research on Lendgo has a definite answer: legit! They give their customers safe loan services. Plus, the reviews are mostly good. The Better Business Bureau gave them an A+ rating, which is proof of their authenticity. Their prices are clear and competitive, starting at only 3% interest.

    In short, Lendgo is indeed a trustworthy platform. It has fair loan terms, in a secure environment. We strongly advise you to use their services if you need a loan or an investment option.

    FAQs about: Is Lendgo Legit

    Q1: Is Lendgo a legitimate company?

    A1: Yes, Lendgo is a legitimate company that provides financial services to those in need. We are licensed and regulated by the Financial Conduct Authority.

    Q2: What services does Lendgo offer?

    A2: Lendgo offers a variety of services including personal loans, debt consolidation loans, small business loans, and more.

    Q3: How secure is my personal information with Lendgo?

    A3: Your personal information is kept secure and confidential by Lendgo. We use SSL encryption technology to ensure that your data is safe and secure.