Is BHG a legitimate company?
Is BHG Reputable? BHG earned an A+ rating from the Better Business Bureau and has 4.4 out of 5 stars from Trustpilot, an excellent score based on more than 1,750 reviews. The Consumer Financial Protection Bureau received nine complaints in 2021 about BHG personal loans.
Does BHG loan affect credit score?
At BHG, we believe that taking a loan to improve your financial situation is no reason for your credit score to take a hit. That's why we only execute soft credit pulls. When you consider BHG for financing, you can go through our entire application process and have peace of mind your credit score won't change.
Does BHG have a prepayment penalty?
A consumer loan from BHG Financial doesn't require personal collateral or come with prepayment penalties. ABA members can use their funds for various purposes, from personal debt consolidation to investments, home improvements,3 and more.
Does BHG charge a fee?
BHG Money rates, fees and terms While there's no fee to apply, you'll pay a closing fee of 1% to 3% of the loan amount that's typically rolled into the loan balance. Note that loan amounts are calculated using simple interest.
Does BHG verify income?
Upon completion, you will receive a copy of the application for verification and signing purposes, and you will need to provide us with your most recent pay stub for income verification. Signed application and income documentation will be required before facilitating a credit decision.
What credit bureau does BHG pull from?
Feature BreakdownCredit Bureau ReportingExperian Equifax TransUnionFunding Time RangeStarting at 5 daysPayment OptionsAutomatic Payments
How many credit cards does BHG offer?
Through BHG's partnership with Pinnacle, they offer three consumer MasterCard options to eligible applicants. The cards have no hidden annual fees, penalty fees or over limit fees. The Healthcare Professional has the option to choose from the Platinum, Platinum Rewards or World Rewards cards.
Who owns BHG money?
About. As Co-Founder, Chairman, and CEO of BHG Financial, Al Crawford is responsible for overseeing all facets of the company and its operations. Under Al's leadership since 2001, BHG Financial has become one of the largest and most successful fintechs in the United States.
What does BHG Financial do?
BHG Financial is the original disruptor in business working capital and unsecured consumer loans. We exist to create the most innovative financial solutions for business professionals, consumers, and financial institutions nationwide.
Is Bankers Healthcare Group A Bank?
BHG Financial (originally known as Bankers Healthcare Group, Inc.) is an American company that provides financing and credit cards to healthcare professionals....BHG Financial.TypePrivateHeadquartersDavie, FloridaArea servedUnited StatesWebsitebhgfinancial.com4 more rows
What is a consumer loan?
Consumer loan means a loan to one or more individuals for household, family, or other personal expenditures. A consumer loan does not include a home mortgage, small business, or small farm loan.
Does BHG do business loans?
We provide flexible business loans fast, with no personal collateral requirements.
How many credit cards does BHG offer?
Through BHG's partnership with Pinnacle, they offer three consumer MasterCard options to eligible applicants. The cards have no hidden annual fees, penalty fees or over limit fees. The Healthcare Professional has the option to choose from the Platinum, Platinum Rewards or World Rewards cards.
Who owns BHG money?
About. As Co-Founder, Chairman, and CEO of BHG Financial, Al Crawford is responsible for overseeing all facets of the company and its operations. Under Al's leadership since 2001, BHG Financial has become one of the largest and most successful fintechs in the United States.
What does BHG Financial do?
BHG Financial is the original disruptor in business working capital and unsecured consumer loans. We exist to create the most innovative financial solutions for business professionals, consumers, and financial institutions nationwide.
What is a soft check on credit?
A soft credit check occurs when someone initiates an authorized check on your credit report that is not for the purpose of approving an application for new credit. Inquiries performed after you apply for credit are known as hard inquiries.
Privacy Statement
The privacy statement discloses the privacy practices for Bankers Healthcare Group, LLC. (BHG) and its affiliates. BHG is committed to your privacy. BHG hereby notifies you of:
WHAT PERSONALLY IDENTIFIABLE INFORMATION OF YOURS IS COLLECTED
We collect and use various types of information about you and your accounts to save you time and money, better respond to your needs, and manage our business and risks. Information that is submitted may or may not be secured or encrypted. While BHG attempts to protect all collected information, its security capabilities can at times be limited.
