Need to file a complaint?
BBB is here to help. We'll guide you through the process.
Complaint Details
Note that complaint text that is displayed might not represent all complaints filed with BBB. See details.
Initial Complaint
05/11/2022
- Complaint Type:
- Product Issues
- Status:
- Answered
This company sold and/ or shared *************** and personal information to other unscrupulous persons after filing a UCC following a cash advance loan which I regret being solicited for and agreeing to. They claim innocence, however, Ive applied for no other such loans, and ever since I receive multiple calls per day by shady men claiming to have my file from my broker and trying to solicit other business from me. When I decline, block theyre numbers, they call back from other VOIP numbers and criminally harass me, including reading out loud my full SSN, my address, making disparaging remarks about my wife, telling me they know where i live, calling me a "faggot" etc. Whenever I try calling my "agent" at Lendio, he can't be reached. Beware anyone considering this company.Business response
05/12/2022
Dear BBB,
We apologize for Mr ******* frustration, however Lendio does not sell information to any 3rd party, which we explained to *************** on May 10th. As a marketplace for small business loans Lendio did assist *************** in funding a business loan in March as he requested. *************** contacted us again on April 19th asking if he could get additional funding, which we were unable to assist him with.*************** states hes been receiving these calls ever since his business loan closed and that hes tried reaching his agent with us but he cant be reached. He closed on his loan 2 months ago and the only correspondence we show since that funding is his calls on April 19th and May 10th. He didnt mention these calls when we spoke with him on April 19th, perhaps he applied for funding elsewhere when we told him we wouldnt be able to assist him with more funding at that time.
Initial Complaint
10/27/2021
- Complaint Type:
- Service or Repair Issues
- Status:
- Answered
Got approved for loan and was told I didn'tBusiness response
10/28/2021
Hi Kayla,
I apologize the Payroll Protection Program funds were depleted on May 4th. At this time us nor any bank or lender is helping or moving forward with any PPP applications as the funds have ran out per the **** If you are still in need of funds you may contact the *** directly by going to their website ****gov or going to our website Lendio.com to apply for a standard business loan. If you have any further questions or concerns please feel free to call us at ************ or chat into our live chat function on our website. Have a great day. Thank you.
Initial Complaint
09/24/2021
- Complaint Type:
- Customer Service Issues
- Status:
- Resolved
This company continues to contact me despite being given explicit instructions to stop doing so, and that I have never reached out to them asking for their 'sample software'. They stopped texting and e-mailing me only to start CALLING me!I've reported them to the ******** government for CASL violations, but I demand that the business acknowledge that they will cease and desist all communication with me. I have no interest in their shady business practices or their products.Business response
09/27/2021
Hi ***,
I apologize for your experience. We are not seeing an account for your business in our system. You will want to email ******************************** to delete your information from our system. Have a great day. Thank you.
Customer response
09/27/2021
Complaint: 15903450
I am rejecting this response because:If I don't have an account (which I wholeheartedly agree with), then why does your rep claim that I do, and continue to email, text, and call me?
Sincerely,
*******************Business response
09/28/2021
Hi ***,
We apologize for your continued experience thus far. We went ahead and removed your information from our system. If you have any further questions or concerns please feel free to reach out to us by email or phone. We apologize for any confusion this may have caused. Have a great day. Thank you.
Customer response
09/28/2021
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.
Sincerely,
*******************
*Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business. ↩
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
Customer Reviews are not used in the calculation of BBB Rating
Customer Complaints Summary
23 total complaints in the last 3 years.
11 complaints closed in the last 12 months.