FreeRateUpdate – Legit or Scam?

I came across a critical review of FreeRateUpdate on a Scam Reporting website –, titled ‘They Are Unethical’.

DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against FreeRateUpdate with a pinch of salt.

Here is what the review says –


Stay away from FreeRateUpdate at all costs! If you’re a loan officer do not use them.They are unethical. Call or e-mail me if you want a break down as to what other lead sources to use.The CEO is a dry turd and would rather bully peoplpe around than to make things right.


In case you don’t already know (assuming you came to this page by Googling ‘FreeRateUpdate scam‘, or ‘FreeRateUpdate review‘, FreeRateUpdate is listed under the category Business on

Here is the rest of the contact information for the sole purpose of identification –

  • Address: Dickinson Drive Chadds Ford PA 19317
  • Phone: (844) 326-3442
  • Website:
  • Severity of Scam: High [not sure what it means]
  • Reported Loss: 658 $ [unsubstantiated]
  • Reported by: Anonymous [obviously]

The entity FreeRateUpdate was awarded 5 / 5 Stars  based on 1 Reviews.

It is difficult to ascertain whether FreeRateUpdate is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into FreeRateUpdate, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.

Regardless, until then, we give the benefit of doubt to the reviewer and list FreeRateUpdate as someone you need to avoid (for now).

If you have any grievances, complaints, or anonymous tips against FreeRateUpdate, please contact us immediately. If you have lost money to  FreeRateUpdate, together we can work to recover your loss.

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