What are the benefits of using BHG?
While other lenders may have lower rates, BHG Financial offers something many lenders don’t: extra-big loans with long repayment terms. You also don’t need perfect credit to qualify (although your credit score will determine how much you can borrow). However, just because BHG is a legitimate lender doesn’t mean that some have not had challenges with BHG. Public information accuses BHG of predatory behavior, including excessive interest rates, aggressive repayment and collection practices, and quickly suing borrowers.
What do customers say about BHG?
Pros: Variety of loan options, quick funding, strong customer service. Cons: Low maximum loan amounts, application requires speaking to a lending expert, website not user-friendly. UCS Rating: We rate BHG Financial as a 3. Accepts fair credit: You could qualify for a BHG Financial loan with a credit score as low as 640. However, don’t expect to be approved for a $250,000 loan. The average BHG Financial borrower has a credit score of 744.