FinWise Bank E 9400 S, Sandy

Whatever you do! Do Not try to get a loan from this bank!! I went thru upstart and they do loans with them and I did the procces online. I tried to get a loan for 5500 and they denied me but they came back and said they will do the loan for 4200. I was putting in the required document they said they needed and then hours later they send back a message saying that was denied even after they said they can do it!!!! This Company and Bank is a Scam do not go thru them. I REPEAT DO NOT GO THRU THEM. I will be reporting them to the better bussnies burrow

Got approved from Bobs for furniture & stupidly didnt look at the INSANE interest rate of 144%! I've been paying $117 every 2 weeks, so far, $3740 and still have another $1400 to go. ON A $2500 loan!

The bank is part of the “rent a bank” scheme which allows predatory lenders, such as OppFi, to use its bank status to charge 198% on loans.

I really hate companies that take advantage of people during their hardest times in life. I needed some major work done on my vehicle and the cost for the repairs came to about $3500. Well I didn’t have that amount just laying around so the repair shop told me no worries you can finance the cost of repairs mind you this was in February of this year so the total of my original loan came out to be $3675. I agreed to pay $215.79 every two weeks why is it August and the amount I still owe is $3518.17?? Because my interest rate is 153.38%!!!! I never paid any attention to that because at the time I was desperate to have my car repaired. Please everyone learn from my mistakes go to a bank or credit union for a loan which is what I have to do now because at this rate my grandkids would have to pay this loan back.

Not happy said was approved did a soft pull was happy getting the monthly rate and the money than they told me my credit went down n 30 days over 120 points which credit farms says different .... they denied me the loan when could of paid my credit cards off and made credit better but the denied me . And didn’t even let me finish the application never let me enter payroll Stubbs or I’d just cut me off and said no

I can’t believe that this so called bank sent me a pre approval and then declined my application, and now I have a ding on my credit score. After I put in all my personal information and my credit score is 700 they declined me….this might be fraudulent and Im reporting this to the better business bureaus especially since my credit score will go down! 🙄

Please DO NOT Submit an Application to these People!! Dont make the Same mistake i did!! They will Pull a HARD Inquiry on your credit,,,If you have a 701 Credit Score,,No Collections and never made a late payment you will be DENIED!! You will get a letter saying your "Pre Approved" its all a HOAX! These people want to sell your information i was denied a loan for the Lowest Amount $2500 Your Crazy if you do business with these people what a horrible experience my credit score went down 23 Points because of the Hard Inquiry,,,Shameful..I will have that for 2 years now on all my credit reports,,,Joke..

WARNING UTAH (ABC4) – With the Federal Deposit Insurance Corporation (FDIC) under new leadership and following a departure from the corporation’s chair on Friday, advocates are calling for the FDIC to stop certain Utah banks from “fronting for predatory lenders.” The four banks in Utah are FinWise Bank, Capital Community Bank, First Electronic Bank and Transportation Alliance Bank.

This is a great bank to get loans through and report to your credit. People get charged alot of interest because they only make the minimum monthly payments. You gotta beat the system and make additional payments and it will benefit you and your credit in a shorter term.

I have been using FinWise Bank for several years now for our consumer lending. I have never had a negative experience with them. If I ever had an Issue I know I can pick up the phone and contact Moses or shoot him an email. I have never had a customer that received a loan from FinWise complain to me about them. I will continue to use Finwise to help me in my business with confidence.