CFO Lending www.cfolending.com
Value For Money
CFO Lending www.cfolending.com
When you purchase through links on our site, we may earn an affiliate commission. Here's how it works.
User Reviews
Value For Money
Missleading Confermation Email And Text
applied for a loan was told congratulations you have been aproved they took 10p off my card i got a confermation text and email and was made to believe the money would be in my bank the same day. 2 days later no money so i called them was told i needed to pay another £1 off my card to prove its me which i did. 3 days after that i got a email saying i had been declined. now cfo send me emails and texts every day offering me loans and they must of sold my number because i get 25 texts and email a day offering me payday loans. very misleading and i needed the money to feed my daughter and live they do not care they are messing with people's lives. I wished i had read the reviews on here first because all payday lenders have bad names but this is the worse one. also never apply through a broker because they do hundreds of searches without telling you
Value For Money
Missleading Confermation Email And Text
applied for a loan was told congratulations you have been aproved they took 10p off my card i got a confermation text and email and was made to believe the money would be in my bank the same day. 2 days later no money so i called them was told i needed to pay another £1 off my card to prove its me which i did. 3 days after that i got a email saying i had been declined. now cfo send me emails and texts every day offering me loans and they must of sold my number because i get 25 texts and email a day offering me payday loans. very misleading and i needed the money to feed my daughter and live they do not care they are messing with people's lives. I wished i had read the reviews on here first because all payday lenders have bad names but this is the worse one. also never apply through a broker because they do hundreds of searches without telling you
Value For Money
Terrible
Same as many, applied, told been approved, emailed with contracts etc then told declined.
I hate when lenders do that, I've had this happen to me as well, it's just as you say, they send you the contracts and you think the deal is sealed and then you wait and wait....and wait and then you log in to your account or you get an email saying 'unfortunately after further checks we can't lend' blah blah blah.
I mean, why don't they just stick a knife in someones back instead because it couldn't hurt much more than doing that to someone when they're in a desperate need for cash flow, not all lenders are this bad needless to say, some are much more sensitive and respectful when they have to decline and that's at least fair enough but the thing that I also get annoyed with some of these lenders like CFO that don't utilize thought and consideration is that they will say on their adverts on the one hand 'poor credit excepted' and yet then in the next breath they'll tell you stuff like 'we're a responsible lender and so we carry out affordability checks before we can lend' etc.
So then they shouldn't say 'poor credit excepted' in that case because that is a total contradiction, what else constitutes 'an affordability check' if it's not someones score on their credit report?
Keep Raiding My Account
these keep raiding my account they said a settlement figure but never took it out now keep getting texts saying i owe them if they would have took the amount last week it would have been settled by now
NEVER USE THEM KEEP CLEAR
Value For Money
Buy One Get One Free!
CFO lending were there when I needed it
Kevin Webster
Cfo Lending - Fraud Accounts!
I was shocked to find a CFO Lending record on my Credit Report even though I have never heard of them!
Countless phone calls, emails later they tell me that it's up to the police to sort it out, all they did was lend money.
"Didn't you do any checks" I asked "all the information you have on record about me is incorrect."
"Yes we do checks, you need to report it to the police we are not at fault" was their reply.
How can a company like this lend money using incorrect details to anybody then let their victims suffer and say it's not their fault.
Surely something needs to be done with this company!
HI
Same thing with me.
In the final stages of resolution with CFO after FOS involvement. Did you get any compensation at all. They have stated that they may make a payment of between £50-£100. I said it was not enough but must await their final response. Its took 18 months to get to this stage after someone fraudulently applied using my name and address. I received a response in February to say that it was all resolved and that I would not hear from them again, only to find they placed a default notice against my credit record in June this year again for non-payment.
I note that CFO Lending are subject to a "Voluntary Application for Imposition of Requirement" with the FCA and all debt collection activities are suspended.
I have got the Financial Ombudsman involved as CFO Lending really believe nothing is their fault.
It's a very long process and CFO seem to be dragging it out as much as possible, they are even now saying that they do not have the information on their system that they originally gave me when I first contacted them!
Seems like they are trying to hide things, and most probably will get away with it!
I am very surprised that the same thing happened to you as CFO Lending told me that they "changed their processes" so nothing like this could happen again... maybe they Customer Charter that they quote on the website "Transparency, Fair and Responsive" needs to be re-assessed!
The exact same has happened to me today, the fraud team are now investigating CFO who I've never heard of until they text my mobile saying I owed money
I can conform CFO lending bailed me out
10/10
Value For Money
Says They Give You Money But Dont And Charge You Anyway
Applied for a £200 loan they said sorry they cant yet still tryed to take £399 back on the day i said i rang my bank they saw that i hadn't took any loan....DO NOT GO WITH THEM IF THEIRS ANY GOOD REVIEWS IT WILL BE FROM THEMSELFS!
Value For Money
Absolutely Awful
Totally awful, my partner has a dmp set up but cfo took all the money exatly when he got paid and left him with nothing. We are fighting to get the money back. We will win, I have threatened them with the ombudsman as they had no reason to take the money.
The dmp firm are totally useless also as they should not let this happen.
Value For Money
Genuinely, The Most Inept Company In Existence.
Applied for a £300 loan on 12th December around 1pm, was told i was approved and money would be paid in by 4pm. Nothing arrived. Next day (today 13th December) received a call saying they needed to speak to me before approving the loan, fair enough, called them and confirmed my name & personal details. Received an email stating once again the funds would be in my account at 4pm via Faster Payments. Now 7pm and nothing, phoned them and got through, the girl hung up on me. Phoned again, once more phoned picked up and hung up on. Now tried calling 7 times for the last 2 hours and no answer. Absolutely useless, ignorant, shameful excuse for a company. I will do everything within my power to ensure this company is on the receiving end of a winding up petition, wrong person to take the michael out of.
Value For Money
Poor Contact
I have had a loan with this company for about 12 months , i did have some issue with paying and eventually decided to get hold of my debts and speak to a debt solutions company .
They sorted my debts out that were about £6000 , all of my creditors stopped interest and excepted the reduced amounts except CFO who have been difficult all the way through .I am at the end of my payment plan and all creditors have been paid , but am stil getting letters and texts from CFO saying i still owe money .
I would never advise anyone to take any form of loan up with them as they are sharks , they do not send regular statements to show what has been paid and will never give you a straight answer as to what might be outstanding , texts showing amounts owed change from day to day some times low amounts some times higher.
Don't get a loan with them they trick you into thinking that they are giving you a good service becuase they will give you a loan even if you have bad credit .
I have had nothing but issue with this company and after a year of which the loan should be paid they are still saying there is money owing - i only borrowed £200
Q&A
Does anyone have any idea how to log into CFO lending or at least find out if the money I was offered has been deposited to my bank?