Buddy Loans is an online platform that specializes in connecting individuals seeking short-term personal loans with financial institutions. The company simplifies the loan application process, allowing customers to request up to $5,000 quickly and easily. By filling out a straightforward loan request form, users can explore their options and potentially be matched with lenders that suit their financial needs.
The target market for Buddy Loans includes individuals who may require quick access to funds, whether due to unforeseen expenses or temporary financial challenges. The company is designed to assist a diverse range of credit profiles, aiming to provide a hassle-free experience for those in need of short-term financing. With no fees for its services, Buddy Loans seeks to be a reliable resource for consumers navigating the lending landscape.
Buddy Loans receives a mixed reception from customers, with a significant number expressing dissatisfaction. Many reviewers highlight issues with the company's service, describing it as unprofessional and slow, with automated procedures that fail to function properly.
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Complaints about a lack of customer support, including non-responsive email and fake customer care numbers, are prevalent. Additionally, several consumers accuse Buddy Loans of mishandling personal information and engaging in questionable practices, such as selling data to third parties. On a more positive note, some users appreciate the helpfulness of certain staff members and find the app to be user-friendly. However, the overall sentiment leans negative, with many urging potential customers to avoid the service.
Each source counts by its number of reviews. Only reviews written by people are scored.
Rating, volume, share of the score, six-month trend and fake-review risk for each source
Source
Rating
Reviews
Weight
6-mo
Fake risk
★
Trustpilot
Imported Trustpilot reviews
3.2
60
100%
—
● Low
3.2 / 5 overall
=
60 reviews across 1 scored source
How fake risk works ⓘ
Reputation trend
Monthly average rating from reviews written by people · latest review Apr 2025.
Last 3 months
1.0
12-month avg
2.3
All-time
3.2
Category avg
4.3
Monthly averageCategory average
Monthly average rating and review count
Month
Average
Reviews
Jun 24
5.0
1
Jul 24
—
0
Aug 24
1.0
1
Sep 24
—
0
Oct 24
—
0
Nov 24
—
0
Dec 24
—
0
Jan 25
—
0
Feb 25
—
0
Mar 25
—
0
Apr 25
1.0
1
What people praise & complain about
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
Top praiseof 32 positive reviews
Helpful support41%
13 mentions
Customer service34%
11 mentions
Friendly staff19%
6 mentions
Fast & efficient16%
5 mentions
“) was ever so helpful and really did her best and even allowed me to take a work call during our phone call”
On “Helpful support” · Aug 24, 2021
Top complaintsof 28 negative reviews
Payment issues46%
13 mentions
Account issues25%
7 mentions
Customer service25%
7 mentions
Response time14%
4 mentions
“I applied for a loan and they said I needed to boost my credit score so they did a deposit on the go in my bank accou...”
On “Payment issues” · Apr 22, 2024
How it compares
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Loans & Mortgages.
Overall rating and review count for this company and similar companies
I will give them 2 stars only as no really customer service even if on their web site is saying payment in 24 h if everything is done online . 24 h passed , on app it says they are still checking …. No phone calls no emails .
Waste of time for most people desperate enough to actually pay 49% APR
I'm sure this is an alright company to be with, as good as any other bad credit lender. My review is solely based on the pre approved pending checks just to be told i'm not elegible anyway, i'm aware of this thats why I want a guarantor loan at 49% I don't like throwing money away. I had the understanding that this company could help bad credit lenders but they didn't even try to speak to me or the nominated guarantor.
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Polarized pattern: few middle ratings. 53% of recent reviews are 4–5★ and 47% are 1–2★.
About Buddy Loans
Buddy Loans is an online platform that specializes in connecting individuals seeking short-term personal loans with financial institutions. The company simplifies the loan application process, allowing customers to request up to $5,000 quickly and easily. By filling out a straightforward loan request form, users can explore their options and potentially be matched with lenders that suit their financial needs.
The target market for Buddy Loans includes individuals who may require quick access to funds, whether due to unforeseen expenses or temporary financial challenges. The company is designed to assist a diverse range of credit profiles, aiming to provide a hassle-free experience for those in need of short-term financing. With no fees for its services, Buddy Loans seeks to be a reliable resource for consumers navigating the lending landscape.