Today, I got a letter from Patriot Funding saying I’m pre-approved for a loan to combine my debts. I couldn’t find a lot online about patriotfunding.com. Do any of you know about them or have any experience with them?
If you look at their website and read the “Disclosures” page, it says:
"You might not get a loan offer from the lender they talk about, and Patriot Funding isn’t guaranteeing you anything.
Patriot Funding isn’t working for you or the lender. They just handle administrative stuff. They get paid for getting people interested in loans."
In simple terms, their mailers are just trying to get you interested, but they can’t promise anything concrete.