I came across a critical review of Loanontime on a Scam Reporting website – DirtyScam.com, titled ‘Loan Service’.
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 Loanontime with a pinch of salt.
Here is what the review says –
I don`t have a good experience with Loanontime. I started to refinance my home loan two months ago.At the begining I have been told that I have 60 days after they lock the rate.After almost 30 days they told me that the lender penalized me %0.25 because I was late but part of the delay was them asking more and more documents over and over and late replying my emails.I accepted the penalty but after nearly two months and a lots of delays from them with the excuse of waiting for the lender, I have been told that my loan got denied from lender because I have an unpaid 401k loan.They could have told me before hands. My brother has the same issue with this company at the same time with me.
In case you don’t already know (assuming you came to this page by Googling ‘Loanontime scam‘, or ‘Loanontime review‘, Loanontime is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: Technology Drive San Jose CA 95110
- Phone: (408) 573-0333
- Website: http://loanontime.com
- Severity of Scam: High [not sure what it means]
- Reported Loss: 5458 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity Loanontime was awarded 1 / 5 Stars based on 1 Reviews.
It is difficult to ascertain whether Loanontime is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Loanontime, 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 Loanontime as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against Loanontime, please contact us immediately. If you have lost money to Loanontime, together we can work to recover your loss.