Americor Funding Inc

A person's credit score can only tell you so much about a their
11pt;"> financial situationSo when a consumer is applying for a loan we do need to pull credit and do a budget analysis to determine qualificationWe only do what's called a "soft credit pull" for potential clientsSoft pulls do not effect and/or ding your credit in any waySo Mr*** can rest easy knowing that his credit was not effectedUnfortunately, there were some other factors after underwriting reviewed Mr*** file as to why we were unable to extend him the loan at this timeWe would be more than happy to review this with Mr*** and walk him through how to improve his situation moving forward and get him qualified for a loan in the future

BEWARE!!! Liars, liars, liars, stay away from this company, don't waste your timeThey sent a pre-approved personal loan at 3.99% to pay off high interest credit cards, but what they offer when you call and waste your precious time is a debt consolidation program, I wish I could give them a negative number in their ratingTheir intention was never to give a loan, Is a total fishing scamDONT BE FOOLED!

I was reading some of these negative reviews which is unfortunate because I had an entirely different experienceI had been financially struggling over the last year but was still able to make my payments on timeI had previously applied for a personal loan times in the last few months thinking that would be my best option but was denied by all companiesI recently received a pre-approval letter for a personal loan from this company and with little hope, I decided to apply anywaysAgain, I was denied however, this company had an alternative solution for me which the other companies did notThe rep explained to me why I was denied even though I had been making my payments on time and how much I was really paying just by making minimum paymentsI was given a realistic time frame of how long it would take me to get out of debt with a resolution planNot only have they helped save me money each month but I'm actually on a path to being debt freeI understand that this resolution plan isn't for everyone and I also understand that it can be hard to digest that you don't qualify for a loanFor those of you who are in the same situation I was in and looking for a reasonable solution, I would keep an open mind about this company and any options they may have for you

A person's credit score can only tell you so much about a their financial situation. So when a consumer is applying for a loan we do need to pull credit and do a budget analysis to determine qualification. We only do what's called a "soft credit pull" for potential...

clients. Soft pulls do not effect and/or ding your credit in any way. So Mr. [redacted] can rest easy knowing that his credit was not effected. Unfortunately, there were some other factors after underwriting reviewed Mr. [redacted] file as to why we were unable to extend him the loan at this time. We would be more than happy to review this with Mr. [redacted] and walk him through how to improve his situation moving forward and get him qualified for a loan in the future.

I was sent a preapproval from Americor to obtain a low(ered) interest loan to refinance my existing credit card debt. I completed the online form, which appeared to be a sales lead form, as I was only given a "confirmation" that someone would be reaching out to me. Indeed, I received an email from one of Americor's "underwriters" requesting that I send the following information VIA EMAIL (caps emphasis below, mine):
"- Current Home Address (No P.O. boxes)
- Job Title/Position and current monthly or annual income
- Marital Status (If spouse included provide their responses to these questions also)
- DATE OF BIRTH
- SOCIAL SECURITY NUMBER (Soft Pull Report - No negative affect on credit)
- Amount desired and purpose
- I consent to the Credit Report Pull Authorization
- I consent to receive calls (including SMS text messages) from Americor regarding my account
- I expressly authorize Americor and its affiliates to share among them any transaction history related to my financial products or services received through Americor or serviced by Americor for the purpose of evaluating me for credit."

Requesting private information such as this via NON-ENCRYPTED email is poor business practice, and poses a very real threat to consumer information.

They give out Debt Consolidation Loans to those who doesn't really need them, but if you need one, they will no give it to you!!! They send fake pre-approval, so they will not help you they just want to make money out of you...

I HIGHLY RECOMEND Americor Financial to anyone
that needs debt resolution.
Brandon M. was professional
and personable. From our first
confersation I knew that I now have a solution to my debt situation.

Received an letter in the mail stating I was pre-approved for a consolidation loan at 3.99% which sounded enticing to me. After the run-around for 3 business day, and a scheduled consultation with a supposed underwriter, they tried to sell me the idea a debt restructuring program. This was a total fishing scam in my opinion and a complete waste of time. I have a mid 600 credit score, 100% on time payments for 5+ years, 40K in unsecured debt with 75% utilization. In my mind a perfect candidate for a consolidation loan. If I had a 700+ credit score with less than 30% utilization I would never look at using a company like this. In Fact with the amount I pay towards my cards, I would have my debt settled in a matter of months, not 39 Months like they offered in their debt scam program.
Bottom line folks, don't be fooled. Companies like this pull on your heart strings offering you a way out only to put you in a worse situation.

I was contacted by Adam from Americor Funding in regards to a debt consolidation loan.
The individual was very rude, insulting and obnoxious and kept talking over me about him being an underwriter. He definitely takes his job as an underwriter too far as if it gave him the power to be as insulting to me and should never be given the opportunity to represent his company to any client.