United Club Lending Review [2024]

If you have a lot of high-interest debt, debt consolidation can be an effective way to streamline your payments and save on interest charges. United Club Lending claims to be America’s #1 debt consolidation leader, having helped thousands of families resolve credit card debt since 2020.

While this debt consolidation company's claims are impressive, we’ll examine its program, rates, online reviews, and pros and cons of working with it in this United Club Lending review to determine whether it’s legitimate.

How Does United Club Lending Work?

United Club Lending claims to offer debt consolidation loans of up to $150,000 with rates starting from 5.99% APR. The same website home page also mentions loans of up to $200,000, which makes it difficult to determine their maximum loan amounts.  

We also checked an archived copy of their website, which shows that the company advertised rates as low as 2-3% APR in November 2023.

On further investigation, we found that United Club Lending’s website is identical to Horizons Lending's website. Both websites also have the same contact information.

United Club Lending sends postal mailers to prospects for debt consolidation loans at interest rates and monthly payments that are lower than what most lenders are offering. The company also heavily advertises on social media.

United Club Lending prominently states on its website that it offers debt consolidation loans of up to $150,000. Their site also states that you can fill out an online form to check rates without impacting your credit score. Once you provide more information about your debts, the company will pick the best financial institution for your loan.

From this information, it is clear that United Club Lending is not a direct lender, but rather it can connect you with other lenders that underwrite and issue debt consolidation loans. You can compare the terms and rates online to pick an option that’s best for you. Once your loan is approved, you can consolidate your debt at a lower interest rate compared to what you’re currently paying.  

Pros and Cons of United Club Lending

With very little information available online about this company, it’s especially important to weigh the advantages and disadvantages of choosing it over other options.

Pros of United Club Lending

• Claims to offer loans of up to $150,000
• Claims to offer help to erase $25,000+ in credit card debt
• The website claims that loans are available starting at a 5.99% annual percentage rate (APR)

Cons of United Club Lending

• Maximum loan amounts are not clear
• No reviews on websites like the Better Business Bureau or Trustpilot
• Difficult to find any information about the company online or on other third-party websites

Services Offered by United Club Lending 

United Club Lending offers personal loans to consolidate debt. The company isn’t a direct lender, but it seems to offer loans through its many lending partners. If you have unsecured debt, such as credit card debt, personal loans, medical bills, or payday loans, you can use the loan to pay them off. The website clearly mentions that the offer can’t be used for student loans or car loans, which is typically the case for debt consolidation loans.

Costs and Fees

United Club Lending’s website mentions that it offers loans of up to $150,000 and that rates start at 5.99% APR. There are no upfront fees as part of their services. Keep in mind that the average personal loan interest rate is 12.38% right now.

The lowest loan rate we could find right now is 5.99%, which is offered by Reach Financial. The rates advertised by United Club Lending do not seem plausible, considering there’s only one other lender that offers this rate currently, and the rate is reserved only for borrowers with excellent credit and a solid and consistent income level.

Customer Service Options

You can fill out an online form to get in touch with the company. There’s no email address, but we could find this contact information on their website:

Phone Number: (800) 304-9978

Address: 115 West 27th Street, 7th Floor, New York, NY 10001

United Club Lending Reviews and Feedback

United Club Lending is not listed on the Better Business Bureau, Trustpilot, or any other customer review sites. Horizons Lending is also not listed on any of these websites.

Next, we combed through Reddit to see if we could find any mentions of this company. We were able to find one Reddit post through which we learned that the company sends unsolicited mailers offering debt consolidation loans at rates that seem too good to be true. Here’s one of the comments on that post:

“I received a letter. Lots of red flags. 1) Envelope creates urgency; 2) Letter looks like it was printed on an inkjet printer with low quality paper ; 3) the credit card balance it says I have is bananas to the degree I hopped on freeannualcreditreport just to make sure I didn't have any new lines opened (I didn't).

I'm as certain as I can be [that] this is a scam. Only leads me to wonder, which company that I do business with was the source of the breach that exposed my name/address. Unfortunately, in the year 2024 I can really take my pick, it could be any of them.”

How United Club Lending Compares To Other Debt Consolidation Companies 

With so many companies offering debt consolidation programs and loans, it’s important to compare your options before you make the final decision. Here’s how United Club Lending compares to its competitors.

Is United Club Lending Worth It?

With too little information on the website, no presence on review sites, and claims that seem too good to be true, United Club Lending doesn’t seem to be a legitimate or trustworthy company. The single Reddit post we were able to find pointed out several red flags, such as sending unsolicited postal mailers to prospects with incorrect, almost random, information on them.

We recommend looking into other debt-relief options. You can take out a debt consolidation loan from a well-known financial services company, get a balance transfer credit card, use a home equity loan, a home equity line of credit (HELOC), or enroll in a debt management plan (DMP) offered by a nonprofit credit counseling agency. Any of these alternatives are effective, legitimate options to become debt-free.

If you’re in the market for a debt consolidation loan, we recommend comparing your options carefully and checking the loan terms, interest rates, origination fees, prepayment penalties, and other fees and costs involved with borrowing. Some loan providers may offer certain perks if you set up autopay, which can bring down your interest rate.

Before deciding, it's a good idea to check reviews for debt consolidation services from companies like Clay Advisors, Point Break Financial, and Wells Fargo. These reviews provide valuable insights into their services, helping you choose the best option for managing your debt.