Is Splash Financial legit?


Yes, Splash Financial is a legit financial service.


Average rating: 4.5 / 5
Weighted average rating: 4.79 / 5
Based on 565 reviews from 8 sources

Go to splashfinancial.com



More Details

Positive highlights

Splash Financial made it so easy for me to refinance! I have been struggling with high loan repayments for a few years, so high that they were taking my ENTIRE paycheck, leaving me with barely enough to live. Splash made the process so easy and I wish I refinanced soon!

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Splash works with multiple lenders — That will give you the best opportunity to have your refinance approved, and at the lowest possible rate.

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No origination, application, or prepayment fees

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Negative highlights

Went ahead with Splash financial thinking their referral bonus was tiered, it is not. If it is under 50k you will not receive any bonus even if your dashboard says you will be receiving a bonus.

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While Splash’s lowest rates are competitive, its higher rates are fairly expensive.

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Deferment, forbearance options aren’t spelled out

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Splash Financial has been included in the following lists

Full review

Splash Financial is a financial technology company that offers a platform for refinancing student loans. Founded in 2016, the company has helped thousands of people save money on their student loans and has received a number of accolades, including being named one of the best places to work in Cleveland by Cleveland Magazine. In this article, we will review Splash Financial and answer the question, "Is Splash Financial legit?"

First, let's consider the quality of service offered by Splash Financial. The company is a member of the Online Lenders Alliance, which is a trade association that promotes best practices in the online lending industry. Splash Financial is also a member of the Consumer Financial Protection Bureau's (CFPB) Consumer Advisory Board, which helps the CFPB identify and prioritize emerging consumer financial issues.

In terms of reviews from real users, Splash Financial has a good reputation with many customers praising the company's ease of use and helpful customer support. Some customers have reported issues with the application process or with the terms of their refinance, but these appear to be rare occurrences and the company has generally received positive feedback from its customers.

In terms of customer support, Splash Financial offers a range of support channels including live chat, email, and phone support. The company also has a dedicated customer support team that is available to assist customers with any queries or issues they may have.

As for key features, Splash Financial offers a platform for refinancing student loans, which can help customers save money on their student loan payments. The company offers a range of repayment plans to suit different needs and has partnerships with top lenders in the industry. Another notable feature of Splash Financial is the ability to track your savings in real-time, which can help customers see the impact of their refinanced loans on their overall financial picture.

Now, let's consider the pros and cons of using Splash Financial.

Pros:

Member of the Online Lenders Alliance and the CFPB's Consumer Advisory Board Good reputation among customers Range of repayment plans available Partnerships with top lenders in the industry Ability to track savings in real-time Cons:

Some customers have reported issues with the application process or with the terms of their refinance In conclusion, Splash Financial is a legitimate and reliable financial technology company that offers a platform for refinancing student loans. The company has a good reputation among customers and is a member of industry organizations that promote best practices in the online lending industry. While there have been some reports of issues with the application process or the terms of refinancing, overall the company has received positive feedback from its customers. The ability to track savings in real-time can also be a useful feature for customers looking to see the impact of their refinanced loans on their overall financial picture.

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