Thank u again for efficiency and…
Thank u again for efficiency and professional service
Cigno Loans is an Australian financial services company that specializes in connecting consumers with a network of lenders for quick and fast loans. The company offers a range of financial solutions, including payday loans, bad credit loans, and loans tailored for individuals receiving Centrelink payments or pensions. By simplifying the application process, Cigno Loans aims to provide customers with access to funds quickly, with loan amounts reaching up to $75,000 depending on eligibility. Cigno Loans targets a diverse clientele, including those in urgent need of cash for unexpected expenses, individuals with less-than-perfect credit histories, and pensioners facing financial challenges. The company emphasizes a straightforward application process that connects users with potential lenders efficiently, facilitating timely financial assistance when needed. For more information, consumers can visit their website at www.cignoloans.com.au.
Cigno Loans receives a mix of feedback from customers, with a notable portion expressing dissatisfaction. Many reviewers criticize the company for high interest rates and excessive fees, with some reporting that they ended up repaying significantly more than the original loan amount.
Complaints about the company's practices include allegations of illegal lending and poor customer service, with several individuals claiming they have not received timely responses to their inquiries. On the positive side, some customers appreciate the ease of obtaining loans and commend the service provided during challenging times, such as the COVID-19 pandemic. They note that Cigno has been helpful and understanding when they needed financial assistance.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 3.3 | 60 | 100% | ● Low |
Monthly average rating from reviews written by people · latest review Oct 2024.
| Month | Average | Reviews |
|---|---|---|
| Nov 23 | 3.0 | 2 |
| Dec 23 | 1.0 | 1 |
| Jan 24 | 1.0 | 1 |
| Feb 24 | — | 0 |
| Mar 24 | 3.0 | 2 |
| Apr 24 | — | 0 |
| May 24 | — | 0 |
| Jun 24 | 1.0 | 1 |
| Jul 24 | 1.0 | 1 |
| Aug 24 | 1.0 | 1 |
| Sep 24 | 1.0 | 1 |
| Oct 24 | 1.0 | 1 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
“Easy to apply”
“How that this company's been found guilty”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Loans & Mortgages.
| Company | Overall | Legit | Service | Value | Trend | Reviews |
|---|---|---|---|---|---|---|
| 3.3 out of 5 (fair) | 100 out of 100 | 4.3 out of 5 (good) | 1.4 out of 5 (poor) | — | 60 | |
| 4.3 out of 5 (good) | 100 out of 100 | 4.2 out of 5 (good) | 1.6 out of 5 (poor) | +39% | 1,000 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.6 out of 5 (good) | 3.5 out of 5 (good) | — | 1,000 | |
| 4.2 out of 5 (good) | 100 out of 100 | 4.0 out of 5 (good) | 1.8 out of 5 (poor) | −19% | 618 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.5 out of 5 (good) | — | — | 27 |
Bottom line: Cigno Loans is #5 of 5 on overall rating in this group. On value, Oodle Car Finance scores higher (3.5 vs 1.4).
60 reviews of Cigno Loans. Filter by what matters to you.
Thank u again for efficiency and professional service
Please take me off your customer list. Your fees are so high .It's not funny. 250 loan ended up being 900 in repayments. Yes I realise I missed payments. 😒😒😒
They r the worst for charging fees $5.90 JUST TO READ A EMAIL I BORROWED 250 PAYING BACK 670.BECAUSE OF HIDDEN FEES .OBSOLUTE RIO OF COMPANY.DONT USE.
Used them a few times. Never an issue. Easy to apply. Great communication
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Polarized pattern: few middle ratings. 57% of recent reviews are 4–5★ and 37% are 1–2★.
Experience was great only problem I found it difficult to log in to portal. I am grateful for the loan.
Guys/girls/thems...lol If this dodgy company keeps taking money from your bank.message bank and say you do not consent for cigno to take payment that's what I've done :) hope this helps
I was able to afford a break in payment after Christmas! All paid off now!
The staff are so helpful and make everything so easy to do. They are amazing.
Easy, fast money. Yes high interest but when you need money quickly you can't complain
Cigno Loans are always ready to help out in financial hard spots. Their application process is made so that there is hardly any trouble filing an application. I highly recommend Cigno Loans, Regards, David Treharne South Australia
Always been good service to me and very easy to use thank you Cigno
Very quick response and loan payment also timely alerts on when repayments were due :)
I am on a disability pension and applied for a $250 loan for Christmas. I paid $535 over 5 payments and although I have emailed and messaged several times have never received the $250. Absolutely disgrace
Cigno Loans is an Australian financial services company that specializes in connecting consumers with a network of lenders for quick and fast loans. The company offers a range of financial solutions, including payday loans, bad credit loans, and loans tailored for individuals receiving Centrelink payments or pensions. By simplifying the application process, Cigno Loans aims to provide customers with access to funds quickly, with loan amounts reaching up to $75,000 depending on eligibility. Cigno Loans targets a diverse clientele, including those in urgent need of cash for unexpected expenses, individuals with less-than-perfect credit histories, and pensioners facing financial challenges. The company emphasizes a straightforward application process that connects users with potential lenders efficiently, facilitating timely financial assistance when needed. For more information, consumers can visit their website at www.cignoloans.com.au.
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