Predatory practices
Due to Covid, a divorce and a change in careers, I experienced financial hardship. I looked at my options and Americor seemed ok and a way to get some much needed relief. When I enlisted in the program, my credit score dropped almost 150 points, which they did advise I’d see a drop in score. I needed to move and wanted to try to improve my score as quickly as I could and a representative advised doing a credit9 application. I applied and they offered me a near 30% APR, which is nearly 6-10x what I was paying before. When I expressed my concern, the rep for credit9 basically told me to take it or leave it. I felt like I was trapped in a hard place cause I needed to move so opted in for the loan. They are a predatory company, and I would recommend either staying with Americor if you can or looking at alternative solutions.