Jan. 26, 2023

2 min read

NerdWallet summary

NerdWallet is a San Francisco-based financial services platform that offers a comparison tool to help users find the right personal loan for their needs. You can sort all of the personal loan providers NerdWallet works with by loan amount, loan term, or interest rate. You can also pre-qualify for and view personalized loan offers. NerdWallet’s partner lenders offer personal loans ranging from $2,000 to $50,000 with rates starting from 5.40% APR.

Pros

Sort lenders by interest rate or loan amounts
Compare offers from multiple lenders
Excellent educational guides

Cons

Cannot apply for a loan directly through NerdWallet
Mainly works with online-only lenders

NerdWallet Visit Nerdwallet

Suitable For?

NerdWallet is a great option for individuals who are just starting to research personal loans. The platform displays loan terms, interest rates, and loan amounts for dozens of lenders. You can also filter lenders based on your credit score or the amount you want to borrow to get a clearer view of your potential options.

NerdWallet mainly works with online-only lenders, so borrowers who prefer an online loan process will benefit most from this platform. You can use NerdWallet’s pre-qualification tool to get personalized offers, but you’ll still need to apply for a loan through the lender’s website.

NerdWallet is also a good resource for anyone who is new to personal finance or wants to learn more about personal loans. The website has tons of educational guides that explain how personal loans work and how they can be used. NerdWallet also offers guides to alternative loan options such as small business loans, student loans, and home equity loans.

Loan Features

NerdWallet is not a direct lender, but rather a marketplace where you can compare personal loans from multiple providers. NerdWallet displays loans from 15 lenders including Upstart, Lightstream, SoFi, Upgrade, and more. You can use personal loans from these companies for everything from refinancing credit card debt to home improvement to paying for emergency expenses.

Loan amounts from $2,000 to $50,000
Repayment terms from 1 to 7 years
Interest rates start at 5.40% APR
Loan options for applicants with bad credit
Pre-qualify for offers online

Application Process

NerdWallet does not enable you to apply for loans directly through the site. You must visit the lender’s site and go through their application process. However, NerdWallet does have a pre-qualification tool where you can view personalized offers.

The pre-qualification tool requires you to enter information about the amount you want to borrow and what it will be used for. You also need to enter your name, address, phone number, email, and Social Security number. NerdWallet will run a soft credit check, which doesn’t impact your credit score.

NerdWallet will display several offers for which you are pre-qualified. If you see an offer you like, you can apply for it through the lender’s website. NerdWallet will pre-populate your application with information you have already entered to speed up the process.

Notably, you can get a sense of personal loan options available from NerdWallet’s partners without going through the pre-qualification process. NerdWallet offers a comparison table that you can filter based on the amount you want to borrow, your preferred repayment term, your credit score, and your state. The table displays each lender’s range for loan amounts, repayment terms, and interest rates.

Requirements

NerdWallet’s lenders work with a wide variety of borrowers. You can filter the comparison table based on your state of residence and your credit score. NerdWallet has loan partners in all 50 states and partners who offer personal loans to individuals with bad credit. If you’re not sure whether you’ll qualify, you can use NerdWallet’s pre-qualification tool to check offers.

Loan Terms

NerdWallet’s partner lenders offer loans ranging in size from $2,000 to $50,000. Interest rates start as low as 5.40% for borrowers with excellent credit. You can view interest rate ranges for each lender in NerdWallet’s comparison table and check your personalized rates using the platform’s pre-qualification tool.

Repayment Terms

The lenders that NerdWallet works with offer loan repayment terms from 1-7 years. You can view the repayment term range for each lender in the main comparison table and even sort the results by term length.

Privacy & Security

NerdWallet uses SSL encryption to protect the information you submit through the pre-qualification tool. You do not have to sign up for a NerdWallet account, although you have the option to create a password-protected account. There is no personal information required to view the comparison table.

Help & Support

NerdWallet offers a contact form for users to get in touch. There is no phone number or email address to contact.

How NerdWallet Compares

	NerdWallet	Credible	Lightstream
APR	5.40%-36.00%	5.40%-35.99%	5.99%-22.49%
Minimum credit score	None	620	660
Loan amounts	$2,000-$50,000	$600-$100,000	$5,000-$100,000
Loan term	12-84 months	12-84 months	12-84 months
Suitable for	Comparing loans from multiple lenders	Small personal loans	Borrowers with excellent credit

NerdWallet’s lending partners include both Credible and Lightstream. So, when you use NerdWallet to find personal loans, you’ll see offers from both of these lenders if you qualify for them. In addition, NerdWallet can display offers from more than a dozen additional lenders.

Credible offers some of the lowest interest rates and smallest loan amounts of any personal loan lender. You can borrow as little as $600 with rates starting at 5.40% APR.

Lightstream requires a 660 credit score and loan amounts start at $5,000. If you need a larger personal loan, Lightstream has some of the best interest rates for borrowers with strong credit.

FAQs

Do I need a NerdWallet account to see loan offers?

No, you can get pre-qualified for a personal loan on NerdWallet and view offers without signing up for an account. NerdWallet is free to use.

How does NerdWallet make money?

NerdWallet is free to use. The company is paid by lenders for each borrower that NerdWallet refers to them.

What lenders are available on NerdWallet?

NerdWallet displays personal loan offers from 15 lenders including Marcus, Lightstream, Discover, Upgrade, Achieve, SoFi, LendingClub, Upstart, Prosper, LendingPoint, Happy Money, Best Egg, Universal Credit, Avant, and OneMain Financial.

How much can I borrow through NerdWallet?

The personal loan providers that NerdWallet works with offer loans ranging in size from $2,000-$50,000.

Summary

NerdWallet makes it easy to compare personal loans from 15 providers. You can view lenders in a customizable comparison table or pre-qualify for personalized loan offers. NerdWallet lenders offer loan amounts from $2,000-$50,000 and repayment terms from 1-7 years. There are loans for borrowers with all credit scores and interest rates start at low as 5.40%. Nerdwallet also offers educational guides for borrowers who want to learn more about personal loans.

Physical Address

NerdWallet, 55 Hawthorne St., 11th Floor, San Francisco, CA 94105

NerdWallet Visit Nerdwallet

Methodology

This review is based on information available on the NerdWallet website.

Written by

Michael Graw

Michael Graw is a Bellingham, Washington-based writer focusing on finance, tech, and science. His work has been featured in print magazines and high-impact websites. He writes for BestMoney and enjoys helping readers make sense of the options on the market.

Trustpilot reviews

See what some costumers are saying about NerdWallet

Poor

•

Reviews 107

Excellent

Great

Average

Poor

Bad

79%

ben clemes

a month ago

I have been using this forex broker for…

I have been using this forex broker for over a year now, and I am extremely satisfied with their services. Their trading platform is user-friendly and reliable, and their customer support team is always quick to respond and helpful. For more reviews like this, check out @T R U S T P R O S.

steve brauer

18 days ago

Awful....run as fast as you can

Awful....run as fast as you can. Total scammers, I echo everything that has already been said

nick

a month ago

Helpful but not on your side!

kathleen lamb

a month ago

Just opened a profile on Nerd Wallet

Just opened a profile on Nerd Wallet. After completing my profile and providing monthly bill info and pulling my credit report all which took some time I moved on to linking my bank account. After picking my bank from a drop down list I was asked to provide user/password info to link the account and needed to provide a code from my bank which I never received. When I went back to the NW app to request another code I was unable to access the app. All I got was a green NW logo. I immediately unistalled the app. I then reinstalled the app but was only able to login with my user/password not the easy access fingerprint I was using. None of the previous info I had spent time inputting existed. All very suspicious. I called my bank to freeze my account for the time being until/if I hear from Nerd Wallet about my concerns. Nerd Wallet advertises everywhere so I'm sure phishing is prevalent. May have been a glitch but the experience gave me a really bad feeling.

melodie

a month ago

DO NOT USE THEM

DO NOT USE THEM, THEY SELL YOUR EMAIL INFO, THEN YOU'LL RECIEVE SPAM SCAM CRAP EVERY DAY!!!!

marcos baez

a month ago

Nerd Wallet is a PAID ENDORSER

Nerd Wallet is a PAID ENDORSER, believe nothing they print. They routinely advertise for and recommend financial fraudsters, such as USBANK, whom I had never heard of until reading about them in Nerd Wallet's list of recommended secured credit cards... USBANK provided no card and stole my $300 deposit

amazing grace

a month ago

I was gonna apply but after reading the…

I was gonna apply but after reading the reviews, I'll pass

daniel frazier

a month ago

NerdWallet works for the big Banks

NerdWallet works for Capital One and for Chase Bank all they want to do is sell you something it's a scam like most companies don't even bother with their website scam

paul stoyell

2 months ago

DONT BELIEVE NERDWALLET REVIEWS OR TRUST OPEN SKY CREDIT CARD

NerdWallet recommended The Open Sky credit card to help repair my credit. It required us to put up a 500.00 deposit as security. After submitting our deposit We waited patiently for 3 weeks with no correspondence from Open Sky. The phone number given for Open Sky was completely automated, so useless in other words. I had to contact Credit One Bank, the parent company as was directed to call 1- 800 859-6412 and stay silent thru all the prompts. When we finally spoke to someone they said they were having trouble getting cards printed and that they have no idea when they would be able to send a card. We asked for our deposit back as they were not fulfilling any service just holding a deposit with no date to fulfill obligations in sight. They said if we do we will be charged the annual fee regardless and if will take UP TO 8 WEEKS ( 4 weeks average) TO RECIEVE IT BACK. THEY TOOK IT FROM OUR ACCOUNT IMMEDIATELY UPON SIGNING UP. BOTH OPEN SKY AND CREDIT ONE SHOULD BE CHARGED CRIMINALLY. THIS IS BLATANT THEFT.

consumer

2 months ago

i have found nerd wallet to give…DON'T Rely on!

i have found nerd wallet to give fluffed up reviews on companies....i.e yieldstreet.

gee

2 months ago

great information.

great information.. gives me a great place to start my financial research

alan

2 months ago

SCAM ARTIST LYING COMPANY TO GET YOUR…

SCAM ARTIST LYING COMPANY TO GET YOUR INFORMATION TO SELL AND SPAM YOU!!

christina guthrie

2 months ago

I am reading through these comments and…

I am reading through these comments and reviews, I have seen that there are a few people on here that have been discriminated against because of race, this is illegal and not acceptable, no matter what color skin you have. If your white and told to your face that you are not being hired because of your coloring, that is a lawsuit. You do not have to be minority to file discrimination, you cannot be discriminated against because of color, race or sexual identification.

pamela

3 months ago

There’s some systems on NerdWallet that…

There’s some systems on NerdWallet that are absolutely fabulous. However linking accounts is an absolute nightmare. Some accounts link then you’re constantly having to re-link them through Plaid. A lot of accounts aren’t recognized through Plaid yet they are recognized financial companies. Beyond frustrating

mark mcdonald

5 months ago

Small business financing recommendations

Followed their advise to apply for small business financing. Each of the three companies had a strategy of appyling for high limit credit cards in my personal name (not a business loan), and each turned me down for low deposits of my business (which is why I want to explore financing options). One company didn't even reply to me for a week in spite they acknowledged the receipt and told me to expect an answer within 48 hours. They claimed 0% interest for a year on the cards, but charged fees to negotiate that.

kristin bunch

5 months ago

Great financial literacy material

I really like that Nerdwallet helps educate us about every aspect of money management from investing to savings and budgeting as well as credit. The articles are concise and very informative. Excellent recommendations as well. I use the articles for helping friends and teens

jose calderon

5 months ago

this Thruist bank is a joke don't you ever do…

this Truist bank is a joke, their customer service is also a joke and also NerdWallet don't you ever due business with ether of these company’s

ramen

5 months ago

Literal Scam

I just wanted to see if I could get some refinancing quotes for my auto loan and literally the second I gave them my information I had 4 ppl calling, texting, and emailing me. Like ***? Way to show how much of a scam you guys are. Scary…

malyk mills

6 months ago

based on what everyone says this…

based on what everyone says this company sounds like trash

george fru

7 months ago

you teased CD rates and hid the rates

you teased CD rates, and the list I got hid all the rates. What a waste to click each party to see the rates. I expected better of NerdWallet.

cdb

7 months ago

There is no way to set up an account

There is no way to set up an account. No matter what you do; change password, try to set up a new account, whatever, you cannot log in. See the performance of NRDS, the company’s ticket symbol. It’s no wonder their stock price is getting crushed.

william rasmussen

7 months ago

Very informative and helpful information

Very informative and helpful information! I believe your articles helps a lot of people, especially during these trying times. You focus on issues that can really help people! Keep up the good work!

christine r

7 months ago

Tricks you in to creating wallets

If you access associated site or their site, you are tricked in to creating a wallet with a standard Google access popup. I'm a fairly computer savvy senior and they got me. I'm not letting this go. Don't trust an app that uses underhanded tactics to pump up its userbase numbers.

donna rogers

8 months ago

The GOOGLE GODS KNOW EVERYTHING ABOUT YOU EVERYTHING

I JUST read the review that said WHERE DID YOU GET MY INFORMATION? LET ME SAY ITS OUT THERE BECAUSE OF COOKIES AND BROWSING HISTORY. MP MATTER HOW YOU " SCREEN"IT TOO TOO LATE! THANK YOU GORVTHE REVIEWS. I FONT RESPONDVTO ANYTHING UNLESS I HOOGLE TRUDPILOT FOR THE ANSWER WHICH I USUALLY ALREADY KNOW. BUT THANKS TO ALL WHO TAKE THE TIME.TO REPORT ON THESE SHADY OPERATIONS. ITS DISGUSTING. ALSO I WOULD NOT EVEN HAVE ANY INTERNET SERVICE EXCEPT IF YOU DON'T PEOPLE YOU TRY TO DO BUSINESS WITH LOOK AT YOU LIKE YOU HAVE GROWN HORNS OR YELLOW EYEBALLS. I GET 50 SPAM CALLS A DAY ON LAND LINE AND CELL PHONE IVE LISTED WITH NATIONAL NO CALL ! NO GOOD.! It's JUST SOMETHING I HAVE.TO PUT UP WITH. I BLOCK AND DELETE❗WHEN IT GETS FULL AND I START OVER. YOU ARE A REAL HELP, ALL OF YOU, WHO TRY TO STOP IT" W T H HAPPENED TO THE PLANET? I feel 10 million eyes looking thru my windows constantly.i will have to keep reporting.SPAM AND Leaving reviews like this to find out what kind d of jerks are wanting to sell or take surveys or whatever. Mainly I just write down the number, report it to one of many search companies free trials and hope we can pass laws to STOP THIS INVASION OF PRIVACY OF EVERY CITIZEN IN THE WORLD! GOOD LUCK TO EVERYONE KEEP REPORTING/ REVIEWING THESE HORRIBLE DISSTRESSING PHONE CALLS , MOST OF WHICH CAN. NOT EVEN SPEAK PROPER ENGLISH !!! I APPRECIATE YOUR LISTENING OR ANSWER A QUESTION. GOD HELP AMERICA, ❗FED UP SENIOR CITIZEN❗

hector barronfarias

8 months ago

I did not concent to your emails. Delete my information.

I came here just to express how a don’t appreciate that my information was given/sold to NerdWallet. I’m being targeted by this company to purchase their services. I don’t know how you got my information but please stop sending me emails. This screams shady business from the get-go.

d k

8 months ago

Ridiculous bait and switch; class action suit waiting to happen.

Ridiculous, complete bait and switch. Actual rates for mortgage was significantly higher from lender than what was provided by Nerdwallet, classic bait and switch. If I was Nerdwallet, I would be concerned about attorneys filing class action suits soon.

joyce smith

9 months ago

Looked at site on Google

Looked at site on Google. Now I continue to get emails. I never opened an account but to stop emails I'm told to sign into account. No thanks I'll just keep deleting them.

larry bass

9 months ago

bank rates

gave alot of information for bank rates.

skyblazer

10 months ago

Nerd Wallet's Dreamland

Nerd Wallet is in dreamland on some of the reviews on credit cards. For instance, the Target red card is definitely not a great card to have in your wallet. The customer service is a disgrace. The planet Nerd Wallet is on? Which ever company feeds them money period.

favour olajubu

10 months ago

Delivered an aweful services started…

Delivered an aweful services started from running a credit check even before the loan to coming up with nothing exactly that was so down turning reach Proforcecreditsolutions for consultation on telegram they provide amazing services on loans sure to thank me later

arnold zelicherko

a year ago

Сhubb home insurance review…

It is obvious that the review nerdwallet.com article/insurance/chubb-home-insurance-review is blunt and does not correspond to reality. Five stars for an office that just robs people - it's just ridiculous!

aly kat

a year ago

Ran a credit application without permission

I agreed to check if I prequalify for a loan through One Main Financial and I acknowledged that it was not an application and that it wouldn't take a hit my credit. As it goes through the prequalification process, it checks for "prequalifications" of more companies than One Main Financial. Then I receive an e-mail from one of the other companies that was processed for a supposed prequalification check. It was a number to an actual application that they processed without my consent. I used to really like Nerdwallet up until now.This is not ok. Do not use.

grace city

a year ago

Bait and Switch

After exploring this site and processing and getting pre-qualified offers, I applied for a personal loan with SOFI to cover my family's upcoming surrogacy expenses. Even though I have excellent credit and income, and was pre-qualified on your site and the SOFI's site, my application was denied (and reported). The inducements to apply on your site and the SOFI site say these loans are based on Annual Income. The SOFI website says the loan is based on Annual Income. The SOFI application says the loan will be based on Annual Income. There is NOTHING in the fine print or anywhere else that says otherwise. There is an asterix next to Annual Income on the SOFI application that lists only exceptions like child support, alimony, outside income. But it's a Bait and Switch. It's actually not "Annual Income" at all - the loan is actually based on taxable income - after all IRS allowed expenses, child or other tax credits, standard deductions, business expenses, investments, etc. What a shameful and cruel scam.

scott

a year ago

Time wasting scammers

Time wasting scammers. Loads of these sites about. After your personal information.

aline camara

a year ago

Thanks very much truspilot for what you…

Thanks very much truspilot for what you do. I have changed my mind after reading the reviews on here regarding loan agency. I will never ever borrow money.

adam

a year ago

Reviews are really paid for…

Reviews are really paid for advertisements. First they recommend a bank as giving quotes without being contacted. After providing all of the information required, I get to a page requiring my contact information if I want a quote. They also give a highly favorable review to Better.com, which dicked me around asking for information over and over again, only to turn around and state I did not qualify based on information they had from the start. I have over an 800 from all three credit reporting agencies.

chris

a year ago

Information purposes it's good but ethically so wrong

Information purposes it's good But everyone they recommend or suggest is hard to believe they are being ethical in their reviews . Etrade is latest b.s ....give it 4.5 stars I sign up jump through hoops and 10 days later I'm canceling. Good concept but if you only review and offer services of companies who pay you and those companies suck not only is it bad for them but nerd wallet sucks just as bad suggesting these companies or giving them 4.5 stars when everyone else gives them 3 stars

judye

a year ago

NEVER USE THIS COMPANY!!!

NEVER USE THIS COMPANY!!!, I use Self also an excellent company. I have the same problem with Nerd Wallet as the others.. no one to call, can’t cancel my account, the password worked until I tried to cancel my account.. run far from this company, I will have the bank try to get my money back by using their fraud department

branden laskowski

a year ago

Just saw their racist commercial

Just saw their racist commercial. Content of character means nothing which mean they don't have good values as a company. I will never use nerdwallet. I will use a company that believes that good business is way to get good customers. Racist businesses attract racist customers. It says a lot about the people that keep nerwallet

fred

a year ago

Very offensive commercials and…

Very offensive commercials and political stance!

judye

a year ago

Never use this company!!!

I wrote a review of why you should never use nerd wallet… my advise is to go right to Self. They are wonderful, easy to use. Cancelled today, my check will be here in 3 days and as of midnight my account is closed. With Nerd Wallet I have tried for a month to cancel after being on their web site to cancel (because they don’t have phone access) they keep telling me my password is wrong… but it worked the first 4 times just wouldn’t let me find my way thru the maze to cancel. If I can’t close this I will at the bank and will blast this company for the rest of my life!!!

principled priorities

2 years ago

Racist advertising

I never intend to use nerd wallet because of their ad that includes racist and bigoted insinuations. Investing in companies because of the race of the owners... I have been turned down for employment three different times because of my race which happens to be white. On two of those occasions I was told so by an employee of a government run unemployment agency. Once by an HR representative of a large financial institution. I don't hate anybody of any other race but I do I hate that corporations are becoming political and racist against whites.

harold

2 years ago

Hope you didn’t pay for that commercial…

The commercial alone gave me enough to never want to use this company. Way to be racist! Fail.

hubba rocks

2 years ago

Hates Asians

What a joke. Way to be racist, happy you won't be relevant in 3 years. White people are the devil right nerdwallet???

william redwine

2 years ago

Paid off to write good reviews for bad…

Paid off to write good reviews for bad companies. Gave Robinhood a 4 star review in 2021 when they manipulated the stock market and screwed over working class people.

traci sicura

2 years ago

Okay so I used nerd wallet for the…

Okay so I used nerd wallet for the better part of a year. I mainly used it for keeping track of bills and money spent which it’s actually excellent for. I wouldn’t suggest using their recommended credit cards or refinance options though. Also, within that year, I have had to get a new debit card (which is the one I had linked to nerd wallet) THREE TIMES for fraudulent spending on my account. They claim they don’t ever share your information but I did see in the FAQ’s that they actually do sell your info. Obviously it’s for marketing reasons and I doubt they would illegally give up bank information but I have to wonder if it’s linked to nerd wallet since there’s no real way this would keep happening after consistently changing my card information and passwords. I don’t recommend using this app, just write your own budget down instead of falling victim to fraud like I did.

david horchak

2 years ago

Honest scumbags

I give them credit they do say from the outset all reviews are on advertising accounts and they get paid if you purchase anything. But before knowing that contacted them about Synchrony Bank and a fraud case based on Identity Theft. They thanked me but said their reviews were on the savings accounts and investments accounts. I don't know about you but a dishonest bank in one area is probably dishonest in all areas.

dee anne davis-owens

2 years ago

List of top prepaid spending cards inaccurate

I was actually going to send them this feedback before I gave them a review, however, they have no way to reach out to them. They only have their FAQ's which they seem to think are all correct. I've been searching for the best prepaid spend card for my older teenager. We currently use Busy Kid and it is not what we want. Controlling is the word I can think of. Maybe for a child under 13 but not a 17-year-old. So once again, I am trying to find a spending card we can transfer money to and the child can spend it (i.e. spend card). How the spending is controlled is that if the money is not on the card, there is no money to spend. If your child did not do their chores or whatever (Busy Kid card), then DON'T put money on their card. It's not rocket science. I've been banking with Chime for 3 years. I was excited when I saw NerdWallet had them listed as having a prepaid card option. Therefore, I reached out to them to verify if they did have a prepaid card option for my child. THEY DO NOT! The reason they do not is they are an actual online bank account (checking, savings, etc.) in which you are required to have a direct deposit setup (company) in order to qualify. NerdWallet has Chime as a top prepaid card. This is incorrect. This is a bank account....period. I was going to let NerdWallet know this so that they could remove Chime from the list, however, they do not want to be contacted. You fill out your information and get taken to their FAQ's. Going forward, I won't be using NerdWallet for searching for the best "anything."

2 years ago

I haven’t tried nerd wallet and never…

I haven’t tried nerd wallet and never plan to. I watched an advertisement where race was injected into their “selling point” and for that I will not support a racist, biased company.

amanda

2 years ago

ALL THESE REVIEWS ARE FROM RACIST AND…

ALL THESE REVIEWS ARE FROM RACIST AND HOMOPHOBIC BOOMER PIGS!! Nerd wallet is for people’s whose heads are shoved up their asses.

ryan

2 years ago

It’s one thing to be open minded and…

It’s one thing to be open minded and accepting of others, it’s another thing to be so open minded your brains fall right out. Excluding people based on race, sexual identity, ethnicity or sexual preferences while fighting against racists, homophobe’s, misogynists, and xenophobes is as hypocritical, radical (in a negative way), and counter intuitive as you can possibly be. My experience with this company is that it’s a complete mess!

shaun a

2 years ago

Another spam generator.

Another spam generator. Hides behind “racial injustice” How about promoting any good business No matter who owns it...

john chun

2 years ago

Simply the worst

Simply the worst. Their recommendations are completely bogus. They recommended I refinance my loan with a company called Rategenius which turned out to be a complete scam. Turns out these are paid endorsements. Avoid Nerdwallet at all costs.

rocket man

2 years ago

Weak company

Weak company. They sell your personal information and you receive lots of spam.

john chun

2 years ago

Beware that their recommendations are…

Beware that their recommendations are 100% paid for advertisements. Burned by one of their recommendations for RateGenius. Avoid avoid avoid at all costs.

dawn rouse

2 years ago

DON'T BE TEMPTED!

Don't go here! I thought I had done enough research and used their credit card top picks to find my next zero interest credit card. I got denied!!! I have excellent credit and there was NO reason for the card/bank to turn me down. That leads me to believe that Nerdwallet's sole reason for being is to gather and sell your personal information. Their "exercise your rights" section is a joke. After wending my way through, I still have no idea if I actually registered they do not have permission to sell my personal information. SO - STAY FAR AWAY!.

2 years ago

NerdWallet + New American Funding = Horrible

Wow! I had no idea I was in such good company! I accessed NerdWallet for refi suggestions and went with New American Funding, which NerdWallet has highly rated. As it turns out, New American Funding is a horrible company with terrible customer interface and inept agents. It took over three months of my time, hours and days of compiling data, forms, tax forms, P&L sheets, credit reports (several of these asked for redundantly weeks later) and in the end, after they wasted untold amounts of my time, I was told that underwriting declined to refi my house because I was temporarily on unemployment for the pandemic. The very first call I made, in August 2020, I spoke with someone named Henri Nyugen (who later "resigned" with no notice and without handing me over to another "agent") who assured me that being on unemployment because of the pandemic would not preclude me from getting a refi. I have an 850 credit score, no debt, $30k in the bank, perfect payment history and $350k equity in my house. This company is a joke and I will never do business with them, ever. Same for NerdWallet. Looking for other places to review -- next will be BBB and CFPB.

tabitha

2 years ago

Will never do business with a company…

Will never do business with a company who bases their business on race. PERIOD

roland emrix

2 years ago

Nerd Wallet, racist bigot company promoting racism

Saw a commercial for nerdwallet and it was blatantly racist. One actor says “invest in black owned businesses”. I understand if people have personal agendas but not all of us in the world are right wing or left wing, majority of us are just ordinary people who don't belong to a hyper politicized cult. No way can I support any company that promotes racism. There are people of all walks of life regardless of their race who worked hard to open small businesses and if they run a great business they deserve their communities support. Not all Caucasian people are rich people who never face any of life's struggle and to see a company marginalize any group of people based on their race, is disgusting and reprehensible. Hope this company goes under and out of business where it belongs

arizona buyer

2 years ago

Accessed Nerdwallet for lenders

Accessed Nerdwallet for lenders. Found out too late that Better Mortgage is an inept funder. Will not use Nerdwallet again as it only pretends to offer independent advice.

2 years ago

Do not use for shopping mortgage or refi lenders!

While I have found NerdWallet to do a good job reviewing credit card programs, avoid any and all of their recommendations as they pertain to mortgage lenders!! Better.com is one of their "preferred" recommendations, and Better is horrible to deal with! Worse yet, Better is primarily a brokerage service for a lender called The Money Source. Got to closing yesterday on Better mortgage and it was disclosed to me that The Money Source would be my lender......I did a quick internet search and was horrified by what I saw regarding this "lender" (term used lightly).

alyssa shaffer

2 years ago

Shameful your new commercial...what…

Shameful your new commercial...what would happen if you had supporting ..white owned companies..as your commercial says black owned. Racist company you are!!!

esse mcniel

2 years ago

The bottom line is this:

The bottom line is this: Addendum: BELIEVE THIS OR NOT. I HAVE A 703 CREDIT SCORE AFTER ONE YEAR AND ALL THIS COMPLAINING!! I WAS WRONG. SORRY NERD WALLET AND DISCOVER! 1. I listened to their advice to improve my score from fair/almost good to good. 2. I opened a secure Discover cc with my own money. $200. Note: using it at the rate of $150 per month will make you look like you are using 75% of your credit. 3. The day I opened the account my score dropped from upper fair to poor. NO KIDDING. 4. Since, despite paying off the account before it is due monthly, IT DROPPED EVEN LOWER and MY SCORE IS NOW SECURELY IN POOR. 5. This was all done to me with my own money. Not Discover's or Nerdwallet's. Now I cannot even purchase a car to use to work and supplement my social security. ALL THANKS TO DISCOVER AND NERDWALLET. 5.I emailed my Senator; and am glad Biden is elected.

pat

2 years ago

Nerdwallet is a SCAM / FRAUD

Nerdwallet is a fraud! No real people. 100% inaccurate articles on auto loan rates. Some article was written by Phil reed. The guy doesn't even exist a bounce-back email 2 times I tried to email that person about the article written was a joke!. No such loan amount for 1.99% APR exists! don't ruin your FICO score shopping around.

davis

2 years ago

Nerdwallet does not really connect you…

Nerdwallet does not really connect you with anything It takes all of your information and hen puts you on an endless loop to nowhere.

robert menschel

3 years ago

misleading ads

For the past several days I've been seeing online ads from NerdWallet proclaiming 1.60% CD savings rates. But when I go to the NerdWallet website and try to hunt for those CD rates, the highest I find under any type of criteria are 1.10%. I'll never go to their website again.

miss strand

3 years ago

They are Not a reliable source for…

They are Not a reliable source for accurate information. Their reviews weigh heavy on the interest of companies. Each company that I have seen reviews from nerd wallet were extremely misleading and inaccurate.

luke chiu

3 years ago

Nerdwallet is not a real company

Nerdwallet is not a real company. Nerdwallet does not have a real product. Nerdwallet has a page full of companies that will pay them for the traffic that they generate and there is absolutely no rhyme or reason behind their recommendations or ratings beyond this. Luckily for them, Millennials weren't around back in the days when scams like this were everywhere and continue to click their little links to keep that referral engine running.

bob a

3 years ago

They promote and give unpopular

They promote and give unpopular, horrible businesses good reviews. Probably sell it to them! Caliber Homes for example gets 4-stars from Nerdwallet, and they are one of the most horrible lenders according to consumer ratings!

stephen perrone

3 years ago

The camel hump commercial is ridiculous

reverend aero

3 years ago

Literally a scam

Literally a scam, now allowed to advertise on YouTube somehow.

c.m.

3 years ago

Nerdwallet reviews misleading and unhelpful

This concerns Nerdwallet reviews of online trading brokerages. I have traded online for many years and used a number of brokerages. Awhile back I took a look at their reviews. Very disappointing! FIRST: They left out one of the largest online brokers completely, while including some small companies I'd never heard of -- some of which did not even have a functioning real-time platform (pretty crucial to serious online traders). SECOND: Despite that, they ALL scored very high with Nerdwallet -- as if they were all top notch, with just minor differences here and there. This is unrealistic. There is quite a bit of difference between brokerages. Nerdwallet gave its highest score to a broker that was by far the worst of any of the five online brokers I've used over the years. Yet they gave a lower score (though still quite high) to another broker I know from experience is far better. THIRD: It became obvious that the Nerdwallet people reviewing the platforms were not serious online traders -- if they traded at all. They seemed to be comparing bells and whistles and features from the companies' websites rather than the trading experience itself... sort of like comparing companies based on their ads. Thus Nerdwallet's criteria/formula for assessing the brokerages was deficient to say the least. I don't say there is no value to Nerdwallet. I gave them 2 stars instead of 1 because they do offer a lot of information on their site and some of it is useful. But their reviews are relatively useless.

roxann anderson

3 years ago

Don’t rely on them for an accurate…

Don’t rely on them for an accurate credit score. It’s always way off, not just a few points.

ar junior

3 years ago

Poorly designed website...will cause problems to personal info

Went in to the website and when it asked to create an account it also ask if you would like to use your google account to create and I selected that option. So I continue following the instructions and at the end it uses the google account information to send to the lenders and when I get all denials from all lenders I was in shock for insufficient and lack of credit. So I search their website and my profile and I notice that my google account information is not my name and that information is what their website transferred to create the account so the information was incorrect when it was sent out to the lenders. During the initial account creation it never asks to confirm that your name is correct before sending that information to the lenders. Website is improperly set up to take incorrect information, not verify that information and then send at the end of the account creation. Good thing it is only a soft credit check according to them and hopefully it won't affect my credit score but seeing all lenders deny me was nerdwallet's error that sent them the incorrect information. I downloaded all lender's denial letter's as proof that it has my google account name as my name entered in their letter from my nerdwallet account. I had also received a pre-qualified letter from best egg and when I entered the info to find their rate it also transferred nerdwallet's incorrect information and also denied me because of insufficient credit. Just recently in February 2020, I refinanced my student loan with ELFI through Credible and I have a credit score of 740+. Definitely will not recommend NerdWallet to anyone and will never use them again to find a lender. Should close down their website until this "bug" is corrected.

josh barrak

3 years ago

Not impressed

Not impressed. Information is outdated and/or inaccurate.

matt swan

3 years ago

Was really nice to weigh out my options…

Was really nice to weigh out my options from a personal credit standpoint to pick out the right card for my needs. Ended up with 0% for 18 months which was ideal for me at the time.

jeff seeker

3 years ago

Trusted them for feedback on my next…

Trusted them for feedback on my next credit card. Big mistake. They left out the biggest cons and highlighted perks that only exist the first few months then stop. Retrospectively, i cant believe how blind i was to them getting kickbacks from the cc companies their promoting.

lovemylittlecubs

3 years ago

Their recommendations are SCAMS!!!

Their recommendations are SCAMS! They suggested a site called "SendInc" to supposedly upload personal files securely. Right after we used this site, we found unauthorized charges from a company we have never heard of. BEWARE!!!!!

thetruthhurts

3 years ago

Just another old school, Internet swindler...pay per click

Just another old school, internet swindler making money from pay per click. Don't trust their information. Tried all their recommendations for international payment to a foreign company and none worked. Shocked! Then read reviews how they are now just a pay per click bait business.

rad mon

3 years ago

It's an information farm

It's an information farm. They don'y help you in any way other than help you get your information into the hands of "leaders" who never seem to lean. They state some as five star but if you do a small trace you find they are all subsidiaries of banks who have very poor ratings.

michelle

3 years ago

I am honestly very concerned about this…

I am honestly very concerned about this company. I supplied all my personal information on their site to try to get approved for a debt consolidation loan, was even asked for my ss# and i agreed to the terms before submitting my application. 10 minutes later i'm still getting 'loading' with NO responses!!! Was I just scammed as they took all my personal information including my ss#?? I have NO idea at this point, I will be calling, as to where in cyber space my ss# might be!! Was I fully protected by entering this personal information? It most definitely stated it was 128 bit encrypted. Please do NOT use this company, they, in my opinion, seem like a real scam. Anytime I have applied for any kind of loan in the past, I immediately get a response letter. BEWARE and do not use NERD WALLET!!!! Should've done my homework first. Never again

mark noyb

4 years ago

Nerdwallet simply sells out to the…

Nerdwallet simply sells out to the highest bank. They don't actually have tools for discerning a "GOOD" loan/bank/financial institution. Whichever institution pays them the most, is the one they recommend to you! Enjoy.

donna llewellyn

4 years ago

HOW I GOT MY CREDIT UP TO 800s FAST

They are amazing...Well let me share this real quick; I was finacially down few months ago due to my bad credit, my score was below 600 and I had a lot of bad items on my credit. But I thank God for his grace after I contacted Peter Lewis on globaltechnologies46 @ gmail. com. Global Technologies is a genius, he helped me remove all negative items only credit, cleared all debts and also take up my score to 800s. I'm so grateful to God and them because I was able to get myself back financially and most especially I bought my first house. You can contact Peter if you need his services. Tell him I referred you.

daniel warner

4 years ago

They might skew your score to sell you things you don't need.

Aside from the obvious faults with the layout of the page and app, the fact that they are constantly trying to sell me some way to improve my credit is infuriating. For starters, it turns out they list my score as being between 150 and 200 points LOWER than it actually is. This explains the regular attempts to get me to sign up for tips on credit building or new cards or some sort of "premium" nonsense to help me fix my credit when in fact it is infinitely better than they make it out to be. Overall, Nerdwallet has proven useless and a misleading nuisance at best.

margaret such

4 years ago

Misleading loan and approval Prediction calculators are actually hard Credit Checks

I used the site to get what I thought was an approval 'prediction,' as it was worded. I thought it was just an estimate of possible loan offers using an online calculator. Instead, they collected my information and disseminated it to hundreds of financial institutions, which I now receive constant contact from. It seems it was actually a hard credit check that affected my credit score. This was not clear at all from the page I was using. I thought I was just browsing options and possibilities for debt consolidation and paying down debt. Do not trust.

roger wolschlag

4 years ago

No longer able to compare CD rates

This used to be a great site to find the best CD rates. Now it is nearly incomprehensible. Its sole purpose seems to be steering savers to its advertisers.

glenn locust

4 years ago

We have been scammed by this so-called…

We have been scammed by this so-called business when some charges began to appear in our banking registers. We were not approached by anyone, in any matter, and now we can only hope that no harm will befall our lives. I just wish that 1 or 20 of them them crawl up out their gutters and even look as if they wanted to come upon our porch. A little gun powder might steer their feeble minds to something better!!!

alison buck

4 years ago

Do not trust Nerdwallet or their…

Do not trust Nerdwallet or their reviews. I don't know if they're getting paid to write these, but they endorsed a bank that's a complete scam. I wouldn't trust anything they say.

rod

4 years ago

Checked nerds for a rating on Sychrony…

Checked nerds for a rating on Sychrony credit cards. They rated them as 4 stars, however the customers of the scam masters (Sychrony) reviews had 150 one star ratings and a total of 104 for the rest of the stars. Nerd wallet is a scam and probably get a cut from the card companies.

katie swinyer

4 years ago

I would give a 0

I would give a 0, but not allowed. Unless you have 750-800 credit score, you are denied. Company and ads should go away, and should clear; only for elite and 1%. Avoid!!!

steve

4 years ago

Boycott Nerd Wallet for withdrawing ads…

Boycott Nerd Wallet for withdrawing ads from Fox's Judge Jeanine Show!

yusuf ali

4 years ago

They just take your information

They just take your information and don’t know how they use it. I used their insurance comparison tool and filled the form till the end and filled all the details which is required in any insurence website. On submitting they asked me to create account, I created the account and then I got message on the page “fetching quotes...”, I waited for 15 mins but still there we no quotes but the message on the screen. I thought it’s stuck and refreshed the page, it took me back to the first page. I don’t know what they did with my data.

enko71

4 years ago

Stay away from Nerdwallet

Please people, stay away from nerdwallet and their falls claims about landing businesses that pay them to misled consumers and just stealing personal informations. Landers like SoFi, Marcus and others are paying significant amount of money to Nerdwallet just to misliding consumers ...

ryq windmill slayer

4 years ago

Looks great until you realize that they…

Looks great until you realize that they calculate the ratings and don't tell you how. The ratings do not come from actual consumers. Since they are paid by the companies, the ratings are suspect at best. It appears that the ratings are made by consumers but there is no place to rate them and they do not list how they calculate the ratings. Transparency is important when it comes to trust. Theirs is opaque.

pat

4 years ago

Nope. Not these guys.

Best credit card? Costco not even on the list. Recommended to never ever do business with Vanguard? Really? Run! Run fast and hard away from these joker's. Wait, this is the internet, you can just slowly back away and gently click on any other website. Do that.

paula

4 years ago

I reached out to them regarding…

I reached out to them regarding inaccurate information they printed in an article about my company. The representative not only responded in an unhelpful way, they were also hostile and curt. The representative was not interested in scheduling a phone call with me in order to learn what they had printed inaccurately. They later made edits to the article in a haphazard manner, without much thought or thoroughness. It said a lot about the integrity and quality of the organization.

4 years ago

Nerdwallet doesn't believe in free…

Nerdwallet doesn't believe in free speech. I am a veteran and fought for that right. I will not use this companies products. I am asking all my veteran brothers join me.

sony

4 years ago

Nerdwallet claims that student loans…

Nerdwallet claims that student loans forgiveness companies... Some of which legit do all of the paperwork to get your loans into the program are scams and charge fees. So is my tax preparation company a scam as well? Not only does Nerdwallet do this they also then offer you options to companies that will buy out your student loan debt and get you a lower interest rate so that you can at that point never enroll even yourself into the gov't forgiveness program because now it's considered private debt. Shammm Nerdwallet.

raylen dinmore

4 years ago

Customer Service

I have yet to use nerwallet for any credit cards or loans but I have had several questions and participated in their forums. They have excellent customer service. Real competent people which is rare these days. Customer service agent was Emily

glenna

4 years ago

Give away all your information

Be warned - once you go on this site ONCE they give all your information away - I immediately got served 80,000 credit card ads, physical mail, calls, emails, ect. they get all their money from partners

...