the company we you call them they say have a cheap loan at less then 4.% but when you get the loan…read moreit at 14.975%. when thy talk to you they done tell you what loan rate is . on there site they had a 4.75% they took it down after I complain about it.

Five-Year Customer -- Unfortunately, My Most Recent Experience Changed My Opinion…read more I was a Borro customer for approximately five years and previously had very positive experiences with the company. Unfortunately, my most recent experience has significantly changed my opinion. After my loan was paid, valuable property was shipped back to me. Some of my property was lost and/or damaged during the return-shipping process. I have attached photographs showing the actual condition in which one of the packages arrived. As the photographs show, a substantial portion of the shipping carton was torn open, with the contents exposed. I promptly reported the problems and provided information concerning the lost and damaged items. I have communicated repeatedly with Borro/Luxury Asset Capital regarding the matter and have been informed that claims were submitted or resubmitted to FedEx and were being pursued. More than six months have now passed, and I still have not received reimbursement for my lost and damaged property. I understand that shipping problems can happen. My concern is not simply that a shipping problem occurred. My concern is how long this has remained unresolved and that, after more than six months, I continue to bear the financial loss. I am posting this review and the accompanying photographs to accurately describe and document my personal experience so prospective customers can take it into consideration when deciding whether to entrust valuable property to the company. If Borro/Luxury Asset Capital ultimately resolves the outstanding claims, I will update this review to accurately reflect that resolution.

It would be impossible for me to have had a worse experience. My Rolex was returned to me with lint…read moreunder the crystal, which makes me believe it was tampered with while Borro held the asset. After paying a hefty amount of interest, I was left without my watch for weeks as it went to Rolex. In addition, the service, interest rates and staff are horrible. I have worked with other asset-backed lenders in the past, including DiamondBanc, and Borro is horrible. The CEO, Dewey Burke, is rude and unprofessional. I was promised a resolution, but never provided one. He is condescending and nasty.

I was involved with helping my partner to consolidate her Navient loans with Common Bond First…read moreMark. They talked us through the process and in 2021, "paid" off our $87,000 in loans wih us then having a consolidated loan. Turns out, I went in to studentaid.gov this week curious about the loan forgivenness plan and was STUNNED to see $31000 of the $87000 had not been paid by them. So for nearly a year, we have been paying for the $87000 consolidated loan when in fact they had not actually use the money to erase our $9=87K in debt. Crucially, CRUCIALLY, when you are working with them to consolidate, they will promptly answer, but since this $31K issue was brought up, they refuse to answer ANY emails. It seems totally fraudulent.

Absolutely terrible experience with common bond. I gave them so many tries. After read the reviews…read morebelow I now know why people wrote the reviews and I am thankful for them. I had that was almost 50x the amount of my monthly payments. And they didn't quote me the best rate. I believe it's because they have the current loan open that I am refinancing so they want to collect the higher rate. But I could be wrong. Either way. I am moving on and just going to pay it off or re-finance away. Thanks everyone for reviewing and I strongly recommend you stay away. Also I routinely emailed and called with very rare or few follow ups from common bond. Just blown away at their non competitive rate, lack of communication and lack of interest. Just really really shocked. Glad I only did the quote and didn't go as far as to let them neglect to payoff the loan as happened with another review here. Thanks for the warning and I will heed. Thanks, David