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Kabbage Review

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Kabbage Review

  • 19 comments
  • Updated on:
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Date Established
2009
Location
Atlanta, GA
Erica Seppala

Erica Seppala

Erica is a writer based in Greenville, South Carolina. She is a graduate of Limestone College. Initially determined to be an accountant, she put away the calculator and picked up a laptop to pursue her dream of being a writer. Erica has spent the past 10 years writing blogs and articles for hundreds of private clients, and she loves sharing her love of research and the written word with everyone around her.



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19 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Charlie Roberts

    Organization Name: Gigi's Closette

    I just called in to get some help, and Becca provided it to me very quickly. I appreciated her response and cheerfulness.

    • Organization Name: Gigi's Closette
    Kavitha Pai

    Prompt and professional service. Thankyou Jared. Thank you, Kabbage team 🙂

    5
      Carl

      If there were a NEGATIVE 5 STARS I’d give them that! They are predatory lenders! If you’re NOT doing business with them, DON’T!! If you are doing business with these CROOKS then payoff your stuff and NEVER GO BACK! Their fees are OUTRAGEOUS! They should be investigated for usery! STAY AWAY!

      1

        This comment refers to an earlier version of this review and may be outdated.

        Lyudmila Garcia

        Organization Name: EcoHomes LLC

        They ask for getting your user name and password for your checking accountNo Copies of Tax Returns -Be Very Careful

        1
        • Organization Name: EcoHomes LLC

        This comment refers to an earlier version of this review and may be outdated.

        Charles Anderson

        Organization Name: Werk

        Kabbage is very dangerous for small businesses. They get you to pay very high fees and then incentives to loan more money before you find yourself way over your head. After they have collected their entire loan back plus interest they will write off your account to a third rate financial company that hires a lawyer to collect the balance plus interest. I would avoid this company, for real help go to a legitimate financial institution and stay away from Kabbage!!!

        1
        • Organization Name: Werk

        This comment refers to an earlier version of this review and may be outdated.

        Francee Williams

        Organization Name: Heart To Heart Donations

        Too many other lenders in the game to use Kabbage. Fees are way too high

        1
        • Organization Name: Heart To Heart Donations

        This comment refers to an earlier version of this review and may be outdated.

        karen

        Organization Name: sweet lulu's bakery & cocktail caravan

        RUN don’t walk from these scammers. I changed my bank account last month. Did it online. Called them to confirm it was done and to remove info on the old account. They submitted an auto debit from the old account, changed me $100 for their error. This month for security reasons I had to open yet another new biz checking account. Had no problem updating info for electric bill, car payment, AMx, Venmo, etc – but these folks have an antiquated system that’s says “You have already added all accounts from Wells Fargo, please search for a different bank.” When I called and emailed repeatedly to resolve I was told for their system to update. It’s been weeks and again this month they pulled money from a closed account. They VEHEMENTLY refuse to refund this $200 back to my account and refuse to delete an old account. Again – a billion percent THEIR error.

        1
        • Organization Name: sweet lulu's bakery & cocktail caravan

        This comment refers to an earlier version of this review and may be outdated.

        Penelope wakeland

        Terrible company. They’:ve already taken 3 payments out of my account this month!! and overdrawn my account after telling me they wouldn’t and I only owe them a small amount of money.

          This comment refers to an earlier version of this review and may be outdated.

          Frank

          Organization Name: Na

          So one out 10 reviews says something good about this company, I would never do busyness with this lender thank you.

          • Organization Name: Na

          This comment refers to an earlier version of this review and may be outdated.

          dave

          Organization Name: NUC Sports

          don’t ever use these guys, they withdraw fees from your account that are not part of your loan, but also when your account is closed you cant unlink your accounts. I had paid off everything and closed accounts and my account stayed linked and they say they have no way to unlink it. plus they keep your information on file even when you ask to remove it. all i want is my information not be up there for consumption by them. They had the gaul to tell me to just change the passwords to all my linked accounts…wow..garbage.

          • Organization Name: NUC Sports

          This comment refers to an earlier version of this review and may be outdated.

          Ron Reolfi

          Organization Name: IPG Global Marketing

          This is a very underhanded company. They used my personal credit information without my permission. The application process is easy, but customer service is terrible and they admitted that glitches cause connections to not work properly and they don’t know how to fix it.

          1
          • Organization Name: IPG Global Marketing

          This comment refers to an earlier version of this review and may be outdated.

          steven park

          This Kabbage Company is GARBBAGE,!!!!I applied for a working capital. Have good credit. other lenders willing to fund me 100000.00+My business revenue is over 700000.00 Garbbage is offering me 1000.00 and paid back is 1300.00I gave them Middle fingers!! I think they thought i need to buy toilet paper for my company.They did pull hard credit on my personal and business. Stay away from this Garbbage!.

          1

            This comment refers to an earlier version of this review and may be outdated.

            Jim T

            Horrible, high-fee predatory lender. Absolutely a terrible source of funds given their ridiculous rates. Don’t do it!

            1

              This comment refers to an earlier version of this review and may be outdated.

              Marsha Kelly

              Kabbage is a great place to get money for your business needs fast and if you don’t have great credit. They helped me cover a shortfall due to seasonal fluctuation. Yes, the rates are higher than traditional banks – but I could not get a standard business loan. The monies I borrowed from Kabbage helped me secure a big contract, generate company profit and jobs in my community. Like all things in life and business go in with your eyes wide open. I calculated the costs into my budget and it worked out really well for me. Thanks for a great review.

              4

                This comment refers to an earlier version of this review and may be outdated.

                hillary lando

                I loved kabbage got the money paid my monthly payments paid off early went perfectly everything great.However they will sell your info to other lending institutions and you will still be getting calls from about 50 lenders for 2-3 years are slowing down now slowly. its horrible

                3

                  This comment refers to an earlier version of this review and may be outdated.

                  Sami

                  ****SCAM ALERT ***Stay away kabbage is so unprofessional and dishonest. I met all the qualifications to get a loan but they said I didn’t meet all of the 300 points that there system puts business applicants through. After reading the reviews I’m glad I didn’t do business with them.

                  1

                    This comment refers to an earlier version of this review and may be outdated.

                    Andrew Draper

                    They make it look like a small businesses answer to lending but they’re actually a very aggressive scheme. Screw them! Don’t do it! They aren’t saviors helping you get out of rut.

                    You’ll quickly find yourself deeper than you were in the first place. The trouble is that they will happily give you money but they want it back right away.

                    Take a thousand dollar loan and guess what, a couple of weeks later it’s due.

                    This would work if they stretched it out over a couple months.

                    Please don’t be tempted by this. The high APR’s are enough. It’s pretty much a one-way scam. They’re not interested in your well-being AT ALL!

                    So bummed! Why not just stretch the advances out a bit? Evil shit.
                    They’ll call and email you daily if you’re late… Great that’s what I need when business is slow.

                    ~Andrew

                    andrew@nectarspaces.com

                      This comment refers to an earlier version of this review and may be outdated.

                      Brent Mansingh

                      long story short, you will never receive a single promotional gift card they promise! I borrowed roughly 22,800 from kabbage with incentivized funds totaling a whopping $350. I have payed back my ENTIRE loan balance in full, and would you believe I have not received a single card? I’ve complained and spoken to everyone within customer support. The live channel on their website just closes my window whenever speaking to me. Its quite ridiculous and ultimately a scam. Their are laws out there preventing such things, but thats not going to stop KABBAGE from making their money. I forwarded all emails to their “support@kabbage” and these slime balls have yet to reply! This was back in September of 2015. Please be advised. I am a father who was hoping to buy Christmas Presents for my children. Luckily this was just a means to add to what I was able to provide for them, but this was saddening to me nonetheless. I AM PUTTING THIS HERE FOR YOU! I’m not some crazy person that just leaves off the wall reviews. But when you deceive others and hurt families, you define what it means to be gutless… hurting the American Dream. If for no other reason, for ethics

                      1

                        This comment refers to an earlier version of this review and may be outdated.

                        Lisa S

                        So disappointed. Took out a $3800 loan, found out three weeks later our first payment due was $690. Terrible terms, will not do business with in the future.

                        1

                          This comment refers to an earlier version of this review and may be outdated.

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