LendKey

I called LendKey and told them I am an independent contractor and asked what documents I would need to submit for my application. The man on the phone told me that I would need to submit something showing the breakdown of how much I am paid for specific duties. I submitted that and received an email stating they needed my W2s. I replied to the email explaining again that I do not have W2s because I am an independent contractor and I was already told to submit other documents. I was then told I actually needed to submit my tax documents. I did that and sent my last two bank statements just to be extra safe. I again received an email stating they need my W2s. I have withdrawn my application. If it is this terrible dealing with them when trying to become a customer, I cannot even imagine how they treat their existing customers.

My husband started his current job last March. Unlike other companies we've gotten loans through, LendKey refuses to use his current salary (as evidenced in his two most recent paystubs and his original offer letter) and instead insists on assuming his income is the same as his 2018 reported income, which is significantly lower because he spent the first 2 months of the year at a much lower paying job. If they'd told me up front that that's how they were going to calculate his income, I wouldn't have wasted the time and the hard pull.

I have a loan with LendKey, I have found them difficult to work with and very annoying. It is a 5k loan and they insist on paying the interest monthly but if your a day late paying interest you get a barrage of emails and phone calls. The company is inefficient and not service orientated. I have since switched picket and hatcher, much better to work with and quarterly interest payments and no annoyances.

Don't bother applying for a loan with LendKey if you are a postdoc who pays your own taxes. They will tell you you are approved at first but then insist you are self-employed and reject your loan application on the basis that your employer doesn't withhold taxes. At least the customer service agents are friendly. Waste of time.

LendKey was super helpful in helping me complete my application and cut my interest rates nearly in half. Easy to use and friendly when you call in.

I regret taking my loans out for school with Lendkey. They willnot refinance me even with a co-signer who makes more than enough and has great credit. I also have good credit and somehow still get denied. This company doesn't want to help you, I promise you will regret working with them.

Stay AWAY from these incompetent, disorganized buffoons ! SAVE YOURSELF THE HUSTLE ! Sallie Mae my lovely Sallie May! ALWAYS SENDS THE BILL PROMPTLY AHEAD OF TIME,* WITH AN ENVELOPE INSIDE * All I got to do is put in the check and a stamp on it. These MORONS they want you to WASTE YOUR TIME ( TO SAVE THEIR PAPER ) to remember your password, to get in their stupid website (to lure you to get another loan from them), and only after you call them and demand it repeatedly they agree to send you a bill ( BUT NO ENVELOPE ); Sometimes the bill never comes (THEIR AUDACITY THEY WARN YOU AT THE TIME OF ARRANGEMENT that you may still have to log in their website and print the statement in case it does not arrive by the mail). Then they send you a note of delinquency through e-mail --- CHECK THIS OUT --- after you had paid them a few days prior and after they finally applied your payment; the note of delinquency dated 1 day after date of application of payment; leaving you in bewilderment wondering "WHAT THE HECK IS GOING ON!" Total hustle; YOU DON'T NEED THIS CRAP! Disclaimer : I am not affiliated with any loan company. I AM A TRUE AND UNFORTUNATE BORROWER whose account was established with another company (RARITAN CREDIT UNION) which sold it to Lendkey (not that they were any better, but the account was still new}. Lendkey THIS REVIEW WAS LONG TIME COMING.

Consolidated my loans with Lendkey when they calling themselves ECSI. At first it was great, I got a good rate, then they changed the name, hiked up the interest rate (and my monthly payment) without any warning. Good luck trying to work out a monthly budget when they change the rates without telling you!! Just another greedy corporate loan company.

I tried several lenders (that were ranked higher on this site) and marketplace sites, and found the lowest rate with a credit union on LendKey. Their customer service was also the most helpful and friendly, which was the biggest reason I chose to go with them.

I would say that I'm fairly happy with Lendkey. They weren't my initial choice but after having a bad experience with Sofi and Commonbond I checked them out. Lendkey got my loan processed in 2 days and with a lower rate than Commonbond. I don't mind paying a Credit Union through Lendkey as long as they lower my rate and don't try any shady business. So far so good. I recommend checking them out.