Best Egg Reviews

Best Egg Reviews
4.9 out of 5 stars
277 Reviews

From Borrowers in the last year

ADDITIONAL RATINGS YOU MIGHT FIND HELPFUL

Application Process

4.5 out of 5 stars

Customer Service

4.5 out of 5 stars

5 5

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Most Helpful Positive Review

Dec 17, 2019
Believe in Unicorns
Kidimals515 Borrower

OMG, I cannot believe I was approved.  I had awesome credit and in the last year the credit cards were maxed out.  I wish I could say the spending was due to elaborate vacations but unfortunately they went toward doctors bills, vet bills and everyday living.  With that said, my credit plummetted and I'm competely stressed.  I applied last night and was already approved.  Can't wait to pay off ALL of the debt, start paying this loan off and have more savingsgoing forward.  Maybe I can take a small vacation if all goes as I'm hoping.

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Most Helpful Negative Review

Jun 15, 2020
My Loan Experience
Duggas Borrower

I held a personal loan with Best Egg. Due to temporary personal hardship circumstances, I was unable to comply with my loan agreement and had to negotiate a settlement with the company.

I completed the settlement on schedule and the loan was closed.

Best Egg reported the loan as closed to the various credit bureaus.

Having fully understood the underlying tax implications, which will see the amount written off being designated as income on my next tax filing, I was hoping to see a possible increase in my credit score, having now closed an account and lowered my overall credit balance.  However, Best Egg not only informed the credit bureaus that the account was closed, they also listed the account as a "derogatory" account.  I would advise you that if you are unfortunate enough to hold a loan with Best Egg and be required to negotiate a settlement with the company, the company policy for reporting the account closure will not result in any hoped for increase in your credit score but will, instead, result in a minimum decrease of 85 points, due to the "derogatory" tag.  Ask me how I know. I now look forward to the Best Egg boilerplate response, thanking me for reaching out to them, evaluating my concerns, and sending me a letter.  I can't wait.

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These reviews were written by current and former borrowers in the last year.

Jul 09, 2020
I am amazed at the efficiency and speed
DCB1948 Borrower

Gather last years tax records and check advises to verify current income

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1 Reply
Jul 13, 2020

Thanks for sharing your experience with us!

 
Jul 06, 2020
mlreynolds1 Borrower

The whole process was quick and simple. Had funds in my bank account in 1 business day. All of my credit cards are payed off and I'll be debt free in 3 years for a monthly payment that's the same as my minimum monthly credit card payments.

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Jul 07, 2020

Quick and simple is what we like to hear! Thanks for sharing!

 
Jul 07, 2020

We're sorry to hear you're dissatisfied. If you'd like to discuss your concerns further, please give us a call at 855-282-6353.

 
Jun 30, 2020
one of the best and easiest loans i have
C9me Borrower

it is a good place to recieve a loan from.

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1 Reply
Jul 01, 2020

We are thrilled to hear we made it easy for you! Thanks for sharing!

 
Jun 20, 2020
Fast and Easy!
ezearn Borrower

Very fast turn around from application to funds received!

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1 Reply
Jun 22, 2020

Fast and easy is what we like to hear! Thanks for sharing!

 
Jun 15, 2020
My Loan Experience
Duggas Borrower

I held a personal loan with Best Egg. Due to temporary personal hardship circumstances, I was unable to comply with my loan agreement and had to negotiate a settlement with the company.

I completed the settlement on schedule and the loan was closed.

Best Egg reported the loan as closed to the various credit bureaus.

Having fully understood the underlying tax implications, which will see the amount written off being designated as income on my next tax filing, I was hoping to see a possible increase in my credit score, having now closed an account and lowered my overall credit balance.  However, Best Egg not only informed the credit bureaus that the account was closed, they also listed the account as a "derogatory" account.  I would advise you that if you are unfortunate enough to hold a loan with Best Egg and be required to negotiate a settlement with the company, the company policy for reporting the account closure will not result in any hoped for increase in your credit score but will, instead, result in a minimum decrease of 85 points, due to the "derogatory" tag.  Ask me how I know. I now look forward to the Best Egg boilerplate response, thanking me for reaching out to them, evaluating my concerns, and sending me a letter.  I can't wait.

more ...
Jun 23, 2020

Douglas, we have looked into your concerns that you have shared and we are sorry to hear about your experience. If you'd like to discuss your concerns further, please call 855-282-6353.

 
Jun 23, 2020

What did you expect was going to happen with your credit score unless they explicitly told you it would not affected by breaching your agreement. You don’t get rewarded for getting out of your obligation by way of a negotiated settlement.

 
Jun 15, 2020
My Loan Experience
Duggas Borrower

I held a personal loan with Best Egg. Due to temporary personal hardship circumstances, I was unable to comply with my loan agreement and had to negotiate a settlement with the company.

I completed the settlement on schedule and the loan was closed.

Best Egg reported the loan as closed to the various credit bureaus.

Having fully understood the underlying tax implications, which will see the amount written off being designated as income on my next tax filing, I was hoping to see a possible increase in my credit score, having now closed an account and lowered my overall credit balance.  However, Best Egg not only informed the credit bureaus that the account was closed, they also listed the account as a "derogatory" account.  I would advise you that if you are unfortunate enough to hold a loan with Best Egg and be required to negotiate a settlement with the company, the company policy for reporting the account closure will not result in any hoped for increase in your credit score but will, instead, result in a minimum decrease of 85 points, due to the "derogatory" tag.  Ask me how I know. I now look forward to the Best Egg boilerplate response, thanking me for reaching out to them, evaluating my concerns, and sending me a letter.  I can't wait.

more ...

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1 Reply
Jun 23, 2020

What did you expect was going to happen with your credit score unless they explicitly told you it would not affected by breaching your agreement. You don’t get rewarded for getting out of your obligation by way of a negotiated settlement.

 
Jun 11, 2020
Surprisingly Simple

Easy and painless.

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1 Reply
Jun 15, 2020

That is wonderful to hear! Thanks for sharing!

 
Jun 11, 2020
Surprisingly Simple

Easy and painless. I'm back on track.

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1 Reply
Jun 15, 2020

We are glad to hear that! Thanks for sharing!

 
Jun 09, 2020
Loan Consolidation
Jimuff5579 Borrower

Quick application and quick approval

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1 Reply
Jun 09, 2020

Thanks for sharing your experience with us! We are pleased to hear everything went quickly

 
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**Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based on analysis of information provided by the consumer and available rate information from lenders. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 2% to 12%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information, credit usage and history. All loans are subject to credit review and approval. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. restrictions may apply. When evaluating offers, please review the lender’s Terms and Conditions for additional details.