My Loan Doctor Reviews (%countItem)
My Loan Doctor Rating
Address: 777 S Flagler Dr Suite #800W, West Palm Beach, Florida, United States, 33401-6161
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I have $30k invested in the Loan Doctor High Yield CD. On June 11 I received a phone call informing me of the imminent closing of this savings product. I was assured that the firm was solvent and was not experiencing any financial difficulties. It was stated that the program had run afoul of banking regulation. I was instructed to initiate a withdrawal as soon as possible. The next day, June 12, I logged onto their site and requested a full withdrawal by ACH transfer - one of three options. A paper check or a "wire" were the other options. The wire fee was to be waived because of the circumstances. June 18, no funds have been received. An email, dated the same, explained some difficulty accommodating the large number of ACH transfer requests. I was assured all was well and on track just delayed. Small deposits would be returned first, larger amounts may be handled by a third party. Four options were offered: Simply wait with no changes requested; ask to be moved up in the queue, ask to be moved DOWN in the queue, collecting additional interest; change the method of payment including the fee-free wire requiring only one business day processing. I opted for the last. Hope my concerns are unfounded. Will tell of the outcome tomorrow.
I've been with loan doctor since December 2019, was a little skepticle at first, I deposited the minimum just to try them out!. 5 months later and I've put in plenty more! I've been switching money from my capiral one acct. To my loan doctor acct. Nothing but good things to report from these guys! Thanks!
Some of my friends told me that I was crazy trying or even thinking myloandoctor financial with 6% interest HY 1 month CD. I took my time to put some money too, of course. I am so glad I've made a decision on March this year and I am happy to seeing daily earned interest added for real. Thank you so much "myloandoctor financial".
May God bless your institution and your employees and all investors like me too!!!
Hello Martin,
Thank you for your kind words, we appreciate your business!
I have been a client of Loan Doctor for 6 months now and I have nothing but gratitude and respect to their team. They treated me in a professional manner and helped me when needed. I have received the interest and have invested more over the past few months. I have and would recommend this company to my friends and family. I am happy a company like Loan Doctor focuses on clients and stays true to their vision.
My experience with Loan Doctor has been awesome. I opened the 6% hcf account with them over four months ago. Interest has been paid to the account on time. Scheduled withdrawals post to my bank account a day before the scheduled date. Customer service has been very helpful and knowledgeable. The web site is streamlined, and shows the interest earned daily. I have seen that the rate for new clients has dropped to 5.25% after April 1st . and has closed to new clients which makes me strongly believe that Loan Doctor has its clients in their best interest in these uncharted times. I will be adding a considerable large sum of money to my account soon...Thank You Loan Doctor for looking out for us little guys, I highly recommend you all for anyone looking for an safe savings vehicle.
Hello Kevin,
Thank you for sharing your positive experience, we appreciate it and thank you for your business. We will always strive to keep our clients' interests first!
I have been with Loan Doctor for a couple of months. Deposits and withdrawals have been seemless. I made a request to withdraw funds early due to a medical emergency. I was willing to forgo the interest as their policy states. Not only did they honor my early withdrawal request but told me that the interest would still be credited to my account. Prompt, courteous and helpful. I will definitely be entrusting money to them in the future.
Thank you for the kind words, we appreciate your business and looking forward to serving your financial needs for many years to come!
My experience with Loan Doctor has been great. I opened the 6% hcf account with them a few months ago. Interest has been paid to the account on time. Scheduled withdrawls post to my bank account a day before the scheduled date. Customer service has been very helpful and knowledgeable. The web sight is great, and shows the interest earned daily. I have seen that the rate for new clients has dropped to 5.25%. Hopefully with the feds latest cut the rate doesn't drop too much more.
Brian, thank you for sharing your experience, we appreciate you taking the time to do so, and thank you for being a valued Loan Doctor Financial client!