Service Finance Company, LLC

If i could give a 0 star i would... This company is a total joke. Our water heater went out and the previous homeowner's work left the house severely lacking. We contacted Done Plumbing, and the cost to bring the house up to code was much more than we could afford. They suggested we use their financing company, Service Financing. We were approved with a 10 percent interest rate, which, for the cost, we were relieved to just have it resolved. After six months, I reviewed the statement and noticed that we were being charged 10 percent interest, plus 33 percent on some charges and 42 percent on others. When I called, they explained that this is how their loans work. I would never have agreed to a loan with 52 percent interest, and I mentioned that this was not the contract we signed, but they replied if we didn't like it, we should pay off the loan. This company is a joke do not get a loan through them—they are an absolute rip-off.

Service Finance unfortunately is out services for our solar February 2023. After the county signed our certificate of use, March 21, 2023 service finance called to set up the ach access for account on March 23, 203. To stay ahead of payments, a payment was made that day, even though we had just received access to it. 60 days from the install or 45 days from certificate of permit use was when we were to expect for the payment to come out. I decided that I would make a payment that day, and I was told, that this was my monthly pay date. Fast forward 20 payments, my husband contacted them because they sent a bill saying we were behind because we hadn’t accrued interest, and because this company lacks the ability to be proactive, they reported our payments had been late the whole time, and put a lien on our home. Someone in a position of “authority” advised we didn’t need to pay until they had straightened out the problem. Ach payments continued to be withdrawn by SF and this was in December. They never told us of the lien for over 90 days!

I was referred to this company for financing services through a Home Depot contractor. Unfortunately, my experience was extremely disappointing. Their payment system seems intentionally designed to withdraw funds from your account more frequently and at a faster pace. Last month alone, they withdrew money three times from my bank account. If you choose to work with them, be very careful when setting up your account in their portal. My experience was frustrating, and I absolutely would not recommend this company to anyone!

I never applied for a loan but they sent me a mail telling I was denied. I have tried to call the company but two numbers I found one from the letter and one from their website and the phone numbers are always busy. This is a fake company and I wouldn’t do anything with it them.

I can't begin to explain the problems I have had with this company. They lie, cheat, and steal!!! For your own protection please seek out another finance company to get s loan through. I have been thru hell with them!!!!

I don't want to go into the details about my case. I should of read all the reviews before the contractor made me sign the loan doc. Everything you see here (with 1 star reviews) are TRUE! This loan company work with contractor to cheat off your money. Good luck trying to call them...they LIE and never help you with your problems. Only time they will help you is you are trying to make a payment. I don't know why there are still no class action and lawsuits against this company. If you are experience the same thing, please go to Better Business Bureau and Consumer Financial Protection Bureau to file a complain. BE AWARE...THEY ARE "LICENSED" FRUAD SCAMMER.