The company also has over 22,000 reviews on Trustpilot. Their average rating is 4.4.
However, one thing to note is that Trustpilot allows companies manually to invite customers to write reviews. This means that companies can select customers who have had a positive experience, offsetting organic negative reviews.
Of their negative reviews, many complain that Spotloan’s fees are too high.
Alternatives to Spotloan
The Cleo app can spot you up to $100 (eligibility requirements apply) with no interest, no credit checks or employment verification needed.
This means if you borrow $100, you pay back $100.
Or if you’re looking to shop around for a cash advance with low-interest rates, there are plenty of options out there. We’ve made a list of our top 5 here.
This time we're talking to Chloe, who is all of the above. Chloe is a fellow coffee fiend and does virtual improv comedy classes to get through isolation. Hobbies? 10/10, but let's see how her spending ranks.