51 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Features
  • Lines of credit from $500 - $5,000
  • Only pay charges on what you use
  • Transparent process
  • Fast funding, as soon as the same business day*

CreditFresh Review

    Summary

  • Easy online process

  • Personal lines of credit between $500 – $5,000

  • Fast funding

  • Flexible access to credit

  • Submitting a request will not affect your credit score

  • Toll free help line

What Is CreditFresh?

CreditFresh partners with financial institutions to provide fully integrated technology and service solutions to expand their current product offerings and provide consumers with access to credit.

Requests for credit submitted on this website may be originated by one of several Bank Lending Partners including CBW Bank, Member FDIC and First Electronic Bank, Member FDIC.

Requesting a Line of Credit through CreditFresh is done completely online. The process is simple, quick, and completely transparent, with clear repayment terms and no hidden charges.

Access to a Line of Credit through CreditFresh varies by state. 

CreditFresh reviews as mostly positive and borrowers note that the website is easy to use with great customer support.

Chosen 5,905 times
  • Lines of credit from $500 – $5,000
  • Only pay charges on what you use
  • Transparent process
  • Fast funding, as soon as the same business day*

Products Offered

The Line of Credit through CreditFresh has a maximum credit limit of $5,000. A line of credit is an open-ended credit product that allows you to take draws, repay and redraw as needed.

A line of credit is a flexible way to have a safety net for any unexpected expenses.

Request a Line of Credit Now

Why Choose CreditFresh

Choosing a personal line of credit through CreditFresh has many benefits:

  • Fast funding. If approved, any requested funds may be deposited into your bank account as early as the same business day*; timing of funding may vary. The date and time the funds are made available to you by your bank is subject to your bank’s policies. 
  • A transparent experience. Navigating credit products can be challenging and frustrating. A line of credit through CreditFresh offers a fully transparent experience.
  • Part of your credit journey. As customers move through their credit journeys, they may become eligible for reduced billing cycle charges and/or increase credit limits based on a good payment history over time. Actual eligibility is based on individual circumstances.

How CreditFresh Works

A line of credit through CreditFresh allows you to draw from your balance, repay, and redraw as needed. This is different from a traditional installment loan where you get a lump sum of money that you need to repay over a fixed loan term.

With a line of credit through CreditFresh, you only pay fees on the amount you borrow. You can withdraw money at any time, as long as you have available credit and an account that is in good standing.

An outstanding balance has to be paid with regular payments and your payment dates will typically align with your pay frequency.

The request process for a line of credit through CreditFresh is quick, simple, and transparent. The line of credit through CreditFresh is currently offered in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • Delaware
  • Florida
  • Hawaii
  • Idaho
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Michigan
  • Mississippi
  • Missouri
  • Nebraska
  • Ohio
  • Oklahoma
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Washington
  • Wisconsin

Note: A credit line is a flexible way to borrow to ensure you have a safety net for any unexpected expenses.

Creditfresh reports your account activity to TransUnion, so making regular payments and keeping your account up to date may help to improve your credit.

Line of Credit Requirements

Here are the requirements to request a line of credit through CreditFresh:

  • Be of legal age to contract in your state.
  • Be a U.S. citizen or permanent resident.
  • Have an active bank account.
  • Have a regular stream of income.
  • Have a valid contact number and email address.

Currently, no credit products offered through CreditFresh have rates that would meet the requirements applicable to lending to covered members of the U.S. Armed Forces and their dependents.

You may be required to provide additional information during your application, including the following:

  • Proof of bank account (like a void check)
  • Proof of identity (like your driver’s license)
  • Proof of residence (like a utility bill)
  • Proof of income (like a bank statement)

Rates & Fees

There is a billing cycle charge that ranges between $5 and $410 and is based on the amount of money outstanding throughout your billing cycle (not your credit limit).

If you have an amount outstanding on your principal balance, you’ll need to pay a mandatory principal contribution in addition to the billing cycle charge with every minimum payment you make. This will ensure part of every payment is applied toward your principal balance.

You will only start incurring charges once you’ve received your funds.

Creditfresh does not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Creditfresh also doesn’t charge a cash advance fee and there are no late fees.

Repayment Terms

You will receive a statement prior to your due date, detailing the activity on your account and the minimum payment due. The minimum payment includes the billing cycle charge and mandatory principal contribution. You can pay just the minimum balance, or pay more to reduce the total outstanding balance.

Reducing your principal balance will also increase the amount of credit available to you.

How to apply for a line of credit through CreditFresh

Step 1

Visit the Website

Visit the CreditFresh website here.

Step 2

Submit Your Request

Submitting a request only takes a few minutes.

Step 3

Provide Your Details

Simply request a credit limit, securely verify your details, and review and sign your agreement.

Step 4

Get Approved

If approved, you can request a draw from your linke of credit and funds may be in your bank account as early as the same business day*. 

Chosen 5,905 times
  • Lines of credit from $500 – $5,000
  • Only pay charges on what you use
  • Transparent process
  • Fast funding, as soon as the same business day*

Uploading Documents

You can log into your secure CreditFresh account to upload your documents.

Navigate to your Profile, scroll down and click on Upload Document. Next, select the document type and description, then Choose File which will allow you to upload the required documentation.

You can upload most images and/or PDF files, up to 5MB in size. If you are required to provide multiple documents, you will need to upload each document individually.

Making a Withdrawal

You have immediate access to the money you require. To request a draw, just sign into your account and choose the amount you need.

You have the option of taking out the entire amount of credit at once or in instalments. The funds may be deposited into your bank account as soon as the same day.

Our CreditFresh Review

    Cons

  • Total cost varies widely

  • Mixed customer reviews

  • Not up front about potential fees

Our general opinion of the Line of Credit through CreditFresh is a positive one.

Whenever an issue was brought to their attention, it was addressed quickly and responded to with a proposed solution to the problem.

Support

Our experience with their customer service team was a good one.
They can be reached via email, or on their toll-free helpline and they’re well trained and friendly when assisting their customers.

No matter how you reach out to their team, they are quick to respond and eager to help answer questions and solve any issues.

Website

We love simplicity, both in functionality and design, and the CreditFresh site delivers on each of these fronts. It’s easy to understand their website, and the loan application was very smooth.

It took us less than 10 minutes to fill out the application from beginning to end. They do a particularly good job of making every step clear and straightforward.
The CreditFresh login is found on the front page of the website.

Does Financer.com Recommend CreditFresh?

Yes, we do. This is one of the more popular line of credit websites we have reviewed, and it’s easy to see why their following is growing.

Their site and application process isre streamlined and simple, and they provide high-quality and reliable support.

A line of credit through CreditFresh is a good option when looking for credit.

Why Customers Choose CreditFresh

The CreditFresh Line of Credit through CreditFresh offers flexible access to credit when you need it. Below we have listed just a few of the many advantages of choosing CreditFresh for your borrowing needs:

  • A range to suit your needs: A personal line of credit between $500 – $5,000.
  • Quick funding: Request a draw and the funds may be in your bank account as soon as the same business day*!
  • Request is not detrimental to your credit: Submitting a request will not affect your credit score**.
  • Flexible access: Once approved, access your available credit when you need it, so long as your account is in good standing.
  • Transparent process: Easy to understand process.

*The date and time any requested funds are made available to you by your bank are subject to your bank’s policies. For specific funding cut-off times, visit the CreditFresh website.

**Submitting a request does not result in a hard inquiry to your credit report.

Learn more about their loan products here and read CreditFresh reviews below.

CreditFresh FAQs

Is CreditFresh reputable?

Yes. CreditFresh partners with financial institutions to provide fully integrated technology and service solutions to expand their current product offerings and provide consumers with access to credit.

Where can I find the CreditFresh login?

The CreditFresh login for clients is www.creditfresh.com.

How much can I borrow through CreditFresh?

The maximum credit limit through CreditFresh is $5,000.

How do I repay my line of credit through CreditFresh?

You will receive a statement before your due date with the minimum payment required. You can log into your CreditFresh account to make payments and you can also make additional payments to reduce your outstanding balance and increase the credit available to you. 

When will I receive funds?

If approved, any requested funds may be deposited into your bank account as early as the same business day; the timing of funding may vary. The date and time the funds are made available to you by your bank are subject to your bank’s policies. For specific funding cut-off times, please see the FAQs on the CreditFresh website.

How do I qualify for a line of credit through CreditFresh?

To qualify for a line of credit through CreditFresh, at a minimum you will need to:

  • Be of legal age to contract in your state.
  • Be a U.S. citizen or permanent resident.
  • Have an active bank account.
  • Have a regular stream of income.
  • Have a valid contact number and email address.

How much does a line of credit from Creditfresh cost?

You can always expect a transparent process from Creditfresh. The cost depends on your billing cycle agreement which you can view on the Creditfresh website.

How do I verify my banking information?

You can verify your banking details electronically using DecisionLogic if you want an instant online verification taking only a few minutes. Or you can do it over the phone with one of our customer service agents.

How does DecisionLogic work?

DecisionLogic is used to expedite the processing of your application for a line of credit. It offers a read-only snapshot of the most recent transactions on your bank account. This service is free and secure. Please be aware that this service is not compatible with all banks and that you must currently utilise internet banking in order to use it. DecisionLogic uses 256-bit encryption and it’s read-only service.

How do I cancel my account?

You can cancel your line of credit without any penalties within one business day from the effective date on your agreement. You can call customer service at 1-800-766-2007 or email customer support at customerservice@creditfresh.com to cancel. 

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Reviews of

CreditFresh is rated 84 out of 299 companies in total rating and got an average review score of 3 based on 51 reviews. Their weakness is Interest & Costs and their strength is Website & Functionality.
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DL
Dede Love 1 review | January 25, 2023
General Review
Upsides
No good pros
Downsides
I borrowed 50 dollars, two days later my balance 80 dollars. I never seen anything like this. I can't believe they are still in business
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DD
Dustin Dougherty 1 review | January 25, 2023
General Review
Upsides
Easy to get money
Downsides
I was charged $140 a month just for processing fees
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Monica MacGeen 2 reviews | January 18, 2023
General Review
Upsides
Will approve anyone
Downsides
Interest rates so high you will pay 4 times the loan amount, False advertising, like a payday loan. Beware!
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DM
derrick mcmullen 1 review | January 4, 2023
General Review
Upsides
Fast money
Downsides
The "billing cycle fees" are a killer. I pay over $450 per billing cycle fee that's twice a week with $60 of that going to principal. It is what it is, you have poor credit and looking for a fast loan be ready to get hosed with fees. Oh yeah , and they had a glitch in their system that pulled money from my bank account twice in one day. I called customer service and they said it happens. We'll see if I get that unscheduled payment back this month.
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MJ
Melissa Jackson 1 review | December 28, 2022
General Review
Upsides
You easily get approved
Downsides
It’s impossible to pay it off unless you pay a lump some . Every time you pay it off it’s like they keep adding $100 . They’re stealing , I don’t know how they haven’t gotten sued . Seems a fraudulent
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Monica MacGeen 2 reviews | December 15, 2022
General Review
Upsides
I was approved because they are predatory lenders
Downsides
High fees. They charge me $90 every time I make a payment. I have 1400 borrowed. Everytime I pay $100 they add $50 to the outstanding balance. You will never pay this loan off! Just like Advance Financial.
CreditFresh SupportPartnerDecember 28, 2022

We aim to make the application process simple and convenient. This includes making sure we’re transparent with respect to cost of credit and [repayment] terms for any products/services offered through creditfresh.com. You can visit creditfresh.com to review the terms and cost of credit, or give us a call at 1-800-766-2007 and we’d be happy to help you with any questions you may have.

monica_macgeenJanuary 18, 2023

You were FAR from transparent. You made it look like the financing fees were going to be just over $1000 on $1500 credit line. You bill twice a month for $200 and the principal balance keeps going up. I’ve already paid what I borrowed but yet a higher balance remains. Your sign up policy was very misleading. I would NOT have signed up if this was known up front!

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TD
true duo 1 review | December 13, 2022
General Review
Upsides
NONE, PREDATORY LOAN
Downsides
PREDATORY LENDING GOT A 1500$ LOAN TO MOVE A FEW STATES AWAY AND AFTER MONTHS OF PAYING IT OFF I JUST NOW LEARNED THAT I NOW OWE THEM 1595$ AND FOR EVERY 100$ BILL I PAID 85$ OF IT WAS INTEREST FOR 2 WEEKS. THIS IS A SCAM AND I WOULD SUE IF I COULD, DO NOT GET A LOAN FROM THEM
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TC
Terry Cornwell 1 review | November 29, 2022
General Review
Upsides
You get money
Downsides
Contribution fees. It's an open ended loan that is super hard to payoff. You can make a $500 payment and only $50 goes to principal while the company takes $450. So if you continue paying this way on a year of paying on a $5000 loan the company make $5,400 on contributions and you only paid $600 towards principal. So you are looking at being stuck paying on this loan 9 years. I car payment could be $500 a month and you can pay it off in 6 years.
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SB
Suzanne Beck 1 review | November 13, 2022
General Review
Upsides
It is quick and easy
Downsides
I have nothing good to say about their rates they will make you feel violated.. They claim they don't actually charge interest that it's finance fees which are astronomical. This is a hamster wheel of alone. You will pay and pay and get nowhere. I'm not even sure how these loans are legal. Do yourself a favor and just sell a kidney
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HB
Hope Bell 1 review | October 11, 2022
General Review
(Edited)
Upsides
fast money easy money
Downsides
I have not been able to access my account on my laptop using any browser. I've attempted to reset my password but I never receive a reset password email, not even in spam. So I called the customer service number today, attempting to a resolution as to why I'm unable to access my account via laptop (it works fine on my phone). I've been getting non-payment emails despite having made a full payment on the 23rd of September. The gentleman I spoke to was not helpful, spoke over me, and insinuated I forgot my password, or am otherwise unable to access my account due to user error... I'm not immune to computer errors, but I work in IT, I know how to reset a password... He also told me customer service won't be able to help me get into my account since I am past due. Per the account summary that I can only pull up on my phone, my next payment isn't past due until after October 21, my statement date was the 7th of October. It's absolutely not past due, but customer service still found it necessary to be rude, belligerent, and misleading. I should have known when the loan process was a little too easy. This loan is good if you're in a bind, and need money fast; However, everything else with this company has felt sketchy and shady.
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