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what do you know about credit direct loans company?

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LindaLu
Regular Contributor

what do you know about credit direct loans company?

I got a preapproval letter from a loan company called credit direct loans.  It says they are out of Maryland.   It listed the website to go to and get your offer.  However when I do all it does is ask your name address, email and phone number and when you press submit it says someone will call.   I am a little skeptical that it is even a preapproval offer as I have gotten other preapproval offers and they ask for much more than this then say when you are approved for.  They ended up calling and emailing me but I cannot get a straight answer from 3 different people I have talked to as to whether or not it was a legitimate preapproval offer or not.  They just keep saying they have to take an app on me.

 

It appears to me they just want a phone number and email to contact people as leads.  I don't want to waste a hard inquiry if I am not preapproved.  If anyone has evern dealt with them can you please let me know the deal on this company ?

thanks

Message 1 of 4
3 REPLIES 3
ddemari
Super Contributor

Re: what do you know about credit direct loans company?

I never have dealt with that company, but i googled it and their website reminds me of a payday loan site i vistied when in college like 8 years ago lol, I remember entering in my info and then getting a 1000 calls from these people who are trying to match me with a lender for a loan. I would move on from that site, are you in need of a personal loan right? 

Message 2 of 4
Anonymous
Not applicable

Re: what do you know about credit direct loans company?

This looks like a site that you put in your info and then they farm out your info to many many loan companies. I dont see where it says it offers the direct loan themselves anywhere.

 

Now what will happen is that many will call you at all times of the day, trying to get you to take out a loan. IMO, stay away.

Message 3 of 4
Anonymous
Not applicable

Re: what do you know about credit direct loans company?

They sent me a letter too. I filled out the information requested and asked for a loan.
About a month later they called me. They do NOT give loans they want to do a "debt relief" type deal. They said they contact all your creditors and close the accounts and negotiate the debt down along with the interest. They take a monthly payment and use that money to pay the creditors.
Message 4 of 4
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