Stan S.'s review of Bankers Healthcare Group, llc.

Bankers Healthcare Group, llc.

Customer Reviews & Ratings
Complaint Posted 12/2/2019
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Profit-oriented, not customer-driven
The company provides loans. The loans are "as-is", and they do not hide the information. All loans are front-loaded (as as many other typical loans) so the interest-based profit to the lender is going to hurt the customer, with no hope of being able to pre-pay. Although the pre-payment option is supposedly enabled after 48 months, there is another thick, bold-font line on the promissory note just below the one that "kind of" allows pre-payment after 48 months. That second line says "no partial prepayments shall be permitted" so that kind of takes care of any hope of even partial prepayment. Finally, they tack on 15% penalty to non-bank (ACH) linked payments, so beware if you ever need to change banks and your ACH is not enabled in a timely fashion. In summary, the loan does what it does - if you need to refinance and improve your cash flow, it will do that. However, it's not even close to the loans by other, more mainstream vendors like SoFi of Prosper. Therefore, think twice before getting this loan, or you will be stuck for the duration of the loan, with very rigid terms and no easy way out.
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Additional Business Information
Hours   Monday - Friday 9:00am - 9:00pm Saturday - Sunday 10:00am-2:00pm Phone   (315) 558-6036 Address   10234 W State Road 84
Davie, FL 33324
Website Email
Contact   Chris Panebianco, CMO Other  
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