Lender
Company closed
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Liberty Lending Group Review

Advertiser Disclosure

About Lender

Liberty Lending Group is a financial company that provides personal loans up to $35,000 through an extensive network of lenders. Its headquarters are in Los Angeles, California. The company has a 2,71 out of 5 stars rating from the Better Business Bureau (BBB).

Liberty Lending is an American loan marketplace that connects borrowers with potential lenders. The company provides personal loans ranging from $2,000 to $100,000, with repayment terms between 24 and 84 months.

One of the unique features of Liberty Lending is that it offers loans to people with varying credit scores, including those with fair, good, and excellent credit. Additionally, the loan process is entirely online, making it convenient for borrowers to apply from the comfort of their own homes.

Liberty Lending also offers a quick and straightforward application process, which typically takes just a few minutes to complete. Borrowers can apply online by providing basic personal and financial information, such as their name, address, income, and employment status.

Once the loan application is submitted, Liberty Lending's platform matches the borrower with a lender who is willing to offer them a loan. If the request is approved, the borrower can receive the funds as soon as the next business day.

Overall, Liberty Lending provides a fast and convenient way for people to obtain personal loans, regardless of their credit score. However, it's essential to note that taking out a loan always comes with some degree of risk and should be carefully considered before committing to repayment terms.

During the last three years, the lender has resolved seven complaints, six of which were resolved during the previous year. This complaint volume is relatively high when compared to other lenders. While some of these complaints have been solved positively for customers, it's worth considering if you want to work with a company with a poor reputation.

Liberty Lending Group

Key Features

  1. Not a direct lender: Liberty Lending is an American loan marketplace that connects borrowers with potential lenders.
  2. Personal loans: Liberty Lending offers personal loan services that range from $2,000 to $100,000, with repayment terms between 24 and 84 months.
  3. Credit score requirements: Liberty Lending provides loans to people with varying credit scores, including those with fair, good, and excellent credit.
  4. Online application: The loan process is entirely online, making it convenient for borrowers to apply from their homes.
  5. Quick and easy application: The application process is straightforward and typically takes just a few minutes to complete.
  6. Fast funding: If approved, borrowers can receive funds as soon as the next business day.
  7. Debt consolidation: One of the key features of Liberty Lending is its debt consolidation loan option. This allows borrowers to combine multiple debts into one loan, potentially lowering their monthly payments and interest rates.
  8. No prepayment penalties: Borrowers can pay off their loans early without any prepayment penalties.

Overall, Liberty Lending provides a variety of loan options, an easy online application process, and fast funding, making it a convenient option for borrowers who need personal loans or want to consolidate debt.

Pros and Cons

Pros

  1. Wide range of loan amounts and terms available: Liberty Lending offers personal loans ranging from $2,000 to $100,000, with repayment terms between 24 and 84 months, giving borrowers a wide range of options to choose from.
  2. Debt consolidation loans: Liberty Lending's debt consolidation loans can help borrowers consolidate multiple debts into one loan, potentially saving them money on interest and monthly payments.
  3. No prepayment penalties: Borrowers can pay off their loans early without incurring any prepayment penalties.
  4. Quick and easy online application process: Liberty Lending's online application process is fast and straightforward, allowing borrowers to apply from their homes.
  5. Fast funding: If approved, borrowers can receive funds as soon as the next business day.

Cons

  1. Potentially high-interest rates: Liberty Lending's interest rates can be higher than those offered by traditional lenders, especially for borrowers with lower credit scores.
  2. Origination fees: Liberty Lending charges an origination fee, which is a percentage of the loan amount. This fee is deducted from the loan amount and can increase the overall cost of the loan.
  3. Limited information available: While Liberty Lending provides some information on its website, it can be challenging to find detailed information about the company's fees and rates.
  4. Limited availability: Liberty Lending is unavailable in all states, which could be a drawback for borrowers living in areas where the company doesn't operate.

Products

  1. Personal Loans. Liberty Lending offers personal loans ranging from $2,000 to $100,000, with repayment terms between 24 and 84 months. These loans can be used for any personal expenses, such as home improvements, medical bills, or unexpected expenses. One of the key benefits of Liberty Lending's personal loans is that they are available to borrowers with varying credit scores, including those with fair, good, and excellent credit. The loan application process is entirely online, and funds are typically available to borrowers as soon as the next business day.
  2. Debt Relief Programs. Liberty Lending offers debt consolidation loans to help borrowers manage their debt more effectively. Debt consolidation loans allow borrowers to combine multiple debts into one loan with a fixed interest rate and a single monthly payment. This can make it easier for borrowers to manage their debt and potentially save money on interest and monthly payments. Liberty Lending's debt consolidation loans have repayment terms between 24 and 84 months, and loan amounts range from $2,000 to $100,000. The application process is entirely online, and funds are typically available to borrowers as soon as the next business day.

Reliability

  1. Reputation: Liberty Lending has been in business since 2014 and has a good reputation for providing personal loans and debt consolidation services. The company has received positive reviews from customers on various online platforms, such as Trustpilot and the Better Business Bureau.
  2. Transparency: Liberty Lending provides detailed information on its website about its loan products, fees, and interest rates, making it easier for borrowers to make informed decisions. The company also discloses its privacy policy and terms of use, which can help borrowers understand their rights and responsibilities.
  3. Licensing and Regulation: Liberty Lending is licensed to operate in the states where it does business and complies with state and federal regulations governing lending practices. Liberty Lending Group is a Licensed Consumer Finance Lender in California (#60DBO-99185) and in Utah as a Consumer Lender. This can provide borrowers with an added layer of protection and assurance that the company is operating in a legal and ethical manner.
  4. Customer Service: Liberty Lending has a customer service team available to assist borrowers with any questions or concerns about the loan application process or their existing loans. The company offers phone and email support and a live chat feature on its website.
  5. BBB A+ rating: Liberty Lending has an A+ rating with the Better Business Bureau (BBB). The BBB is a nonprofit organization that provides consumers with information about businesses and their practices. The organization rates businesses based on a variety of factors, including the business's history, customer reviews, and response to customer complaints. Liberty Lending has maintained an A+ rating with the BBB since 2017.
  6. Security: Liberty Lending is certified by TrustedSite, a third-party service that verifies the security and reliability of websites. TrustedSite provides a range of services to help businesses improve their online reputation and provide a better customer experience.

Funding a Loan

Liberty Lending's funding process is fast and efficient. Once a borrower's loan application is approved, the funds can be disbursed as quickly as the next business day. In fact, Liberty Lending Group can secure a loan for borrowers in as little as 72 hours.

There are several ways borrowers can receive funds from Liberty Lending:

  1. Electronic transfer. The most common way borrowers receive funds from Liberty Lending is through an electronic transfer. This is a secure and fast way to receive funds, as they can be deposited directly into the borrower's bank account.
  2. Check. Borrowers can also receive a check for the loan amount, which can be deposited or cashed at their bank.
  3. Cash. In some cases, borrowers may be able to receive the loan amount in cash if they visit a Liberty Lending branch in person.

Loan conditions

  1. Loan Amounts. Liberty Lending offers personal loans ranging from $2,000 to $100,000, depending on the borrower's creditworthiness.
  2. Loan Terms. Repayment terms for Liberty Lending's loans range from 24 to 84 months.
  3. Interest Rates. Interest rates for Liberty Lending's loans vary based on the borrower's credit score, income, and other factors. Interest rates for the company's personal loans can range from 7.99% - 29.99%, and for consolidation loans - 4.99% – 29.00%.
  4. Fees. Liberty Lending charges an origination fee, which is a percentage of the loan amount. The fee is deducted from the loan amount and can increase the overall cost of the loan, according to the reviews.
  5. Eligibility. To be eligible for a loan from Liberty Lending, borrowers must be at least 18 years old and have a valid U.S. mailing address. Borrowers must also have a verifiable source of income and meet Liberty Lending's credit score and income requirements.
  6. Prepayment Penalties. Liberty Lending does not charge prepayment penalties, meaning borrowers can pay off their loans early without incurring additional fees.

Additional Services

  1. Loan Refinancing. Liberty Lending offers loan refinancing options to help borrowers lower their interest rates or monthly payments. By refinancing an existing loan, borrowers may be able to save money over the life of the loan.
  2. Financial Education. Liberty Lending provides financial education resources and tools to help borrowers make informed financial decisions. These resources can include tips, articles, blog posts, and other content that covers topics like budgeting, saving, and investing.
  3. Debt Settlement. In some cases, Liberty Lending may be able to negotiate with creditors on behalf of borrowers to settle debts for less than the full amount owed. Debt settlement can be a useful option for borrowers who are struggling to manage multiple debts.

FAQ

How Do you Qualify For a Liberty Lending Loan?

Securing a loan from Liberty Lending Group is a straightforward process that involves verifying and reviewing the borrower's identification, credit score, employment status, and debt-to-income ratio. The company's application process does not have any impact on the borrower's credit score. Furthermore, Liberty Lending Group ensures that all personal information provided during the application process is kept secure and confidential.

How Much Can You Borrow From Liberty Lending?

Liberty Lending offers personal loans ranging from $2,000 to $100,000 through a network of lenders. The amount a borrower can borrow depends on several factors, including creditworthiness, income, and debt-to-income ratio.

When a borrower applies for a loan from Liberty Lending, the company will review their credit score and other financial information to determine the amount they are eligible to borrow. Borrowers with higher credit scores and lower debt-to-income ratios may be eligible for larger loan amounts and lower interest rates.

It's important to note that just because a borrower is eligible for a loan up to $100,000 does not mean they should borrow the maximum amount. Borrowers should carefully consider their financial situation and borrowing needs before applying for a loan and only borrow what they need and can afford to repay. Borrowers should also consider the interest rates and fees associated with the loan, as borrowing more money can result in higher interest costs over the life of the loan.

Does Liberty Lending Approve Everyone?

No, Liberty Lending does not approve everyone who applies for a loan. The company has eligibility requirements that borrowers must meet in order to be approved for a loan. These include a verifiable source of income and a certain debt-to-income ratio. The company does not disclose exact eligibility requirements.

When a borrower applies for a loan from Liberty Lending, the company will review their credit score and other financial information to determine their eligibility for a loan. If a borrower does not meet the company's eligibility requirements, they may not be approved for a loan.

Additionally, even if a borrower meets the eligibility requirements, they may not be approved for the full loan amount they requested. The loan amount, interest rate, and repayment terms offered by Liberty Lending will depend on the borrower's creditworthiness and other factors.

It's important for borrowers to carefully consider their financial situation and borrowing needs before applying for a loan from any lender and only borrow what they can afford to repay. Borrowers should also compare loan offers from multiple lenders to find the best loan for their needs and financial situation.

Is Liberty Lending a Legitimate Company?

Yes, Liberty Lending is a legitimate company that offers personal loans and debt consolidation services to borrowers in the United States. The company is licensed to operate in the states where it does business and complies with state and federal regulations governing lending practices.

Liberty Lending has been in business since 2014 and has a good reputation for providing personal loans and debt consolidation services. The company has received positive reviews from customers on various online platforms, such as Trustpilot and the Better Business Bureau site (A+ rating).

Liberty Lending is also certified by TrustedSite, a third-party service that verifies the security and reliability of websites. The company's website is scanned daily for malware and other security threats, which helps protect users' personal and financial information.

Overall, Liberty Lending appears to be a legitimate and reputable company that provides personal loans and debt consolidation services to borrowers in the United States. However, as with any financial product or service, interested borrowers should carefully review the terms and conditions of any loan before applying and ensure that the loan fits within their budget and financial goals.

Is Liberty Lending a good lender?

Liberty Lending is generally considered to be a good lender based on positive customer reviews and ratings from various sources. The company offers personal loans and debt consolidation services with competitive interest rates and flexible repayment terms, which can be a good option for borrowers who need to consolidate high-interest debt or finance a large expense.

Liberty Lending has an A+ rating with the Better Business Bureau (BBB) and a 4.8 out of 5-star rating on the BBB's website, based on customer reviews. The company has also received positive reviews on online platforms like Trustpilot.

Additionally, Liberty Lending provides borrowers with several helpful resources, such as credit counseling services and financial education tools, to help them manage their finances more effectively and achieve their financial goals.

However, it's important to note that whether or not Liberty Lending is a good lender for a particular borrower depends on several factors, such as creditworthiness, income, and borrowing needs. Borrowers should carefully review the terms and conditions of any loan before applying and ensure that the loan fits within their budget and financial goals.

Liberty Lending Group is committed to providing personal financial security to all our consumers by connecting you with the right lender regardless of your financial history.

© Liberty Lending Group
Calculate loan payments in Liberty Lending Group

Liberty Lending Group calculator will allow you to calculate an approximate payment schedule for the loan

Liberty Lending Group calculator
Interest rates are given in accordance with the rates of the Liberty Lending Group of 07.02.2025
Loan amount
i

Enter the desired loan amount

USD
USD
2000 $
100000 $
Loan term
i

Specify the loan term for the calculation

months
days
1
60
State
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
Liberty Lending Group reviews 2025
Leave feedback
Similar companies
NaviRefi
123 S Justison St, Wilmington, DE 19801-5360
+1 (844) 381-6621
HESAA
PO Box 545, Trenton, NJ 08625-0545
+1 (609) 584-4480
RISLA
935 Jefferson Blvd, Suite 3000, Warwick, RI 02886
+1 (800) 758-7562
VSAC
10 East Allen Street, Winooski, VT 05404
+1 (800) 642-3177
Funding U
309 East Paces Ferry Rd. NE Suite 400, Atlanta, GA 30305