ComplaintsforTorro Financial
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Complaint Details
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Initial Complaint
03/26/2024
- Complaint Type:
- Billing Issues
- Status:
- BBB unable to locate business
I contacted this company about a startup loan for a businesss. S lot of good reviews in the surface, and then when you dig deaper you read lots of bad reviews. Their initial website claims 600+ credit rating, no more than 5 inquiries in the past 12 months, and that they say yes when others say no. I applied and was denied, and agree with their decision. But they said if I have a signer with ********************************************************************** and said I need a signer above 700 with at least a year of credit history. I then contacted them and said I dont understand. Her credit rating is above 700 and she has 6 years history and 14% credit utilization. They then said she had to have more that a year at a major bank. Which again she does. Capital one, west lake and USAA. Now they dont reply, they kept adding hoops to jump through. Discriminatory lending practices.
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Customer Complaints Summary
1 total complaints in the last 3 years.
1 complaints closed in the last 12 months.