Panther Lending Reviews: is panther lending legit or scam?

Panther Lending Reviews: is panther lending legit or scam?

As an investigative journalist, I make it my mission to uncover the truth behind popular companies and separate the legitimate from the fraudulent. When I came across numerous online reviews and complaints about a company called Panther Lending, claiming they scammed people out of thousands of dollars, I knew I had to dig deeper. Were these alarming accusations true, or was Panther Lending the victim of false reviews and slander? I spent weeks analyzing records, interviewing former employees and customers, and verifying facts. What I ultimately discovered shocked me and led me to warn others to avoid doing business with Panther Lending at all costs. Here is the full story of how Panther Lending operates and why they should not be trusted.

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As an avid consumer advocate, I make it a point to thoroughly research any company before doing business with them, especially when it comes to financial matters. My curiosity was recently piqued by an influx of online reviews and comments about a company called Panther Lending. Panther Lending is a relatively new player in the lending industry that promises fast funding and low interest rates for personal loans. However, where there are promises of easy money, there are often unscrupulous scammers looking to take advantage of vulnerable people in need. I decided to dig deeper into Panther Lending to determine if they are a legitimate operation or just another predatory scam. Over the next few minutes, I will share my findings and experiences in dealing with Panther Lending. My goal is to provide an objective review to help you make an informed decision before submitting an application or providing any sensitive information.

panther lending Reviews

What Is Panther Lending? An Overview of Their Services

What Is Panther Lending? An Overview of Their Services

Panther Lending is an online peer-to-peer lending marketplace that connects investors and borrowers. As an investor, I can lend money to vetted borrowers and potentially earn solid returns. As a borrower, I can access affordable personal loans and business financing.

Panther Lending offers personal loans, business loans, and lines of credit. For personal loans, borrowers can receive between $1,000 to $40,000 with APRs from 5.99% to 35.99% and loan terms of 3 to 5 years. The application process is simple, requiring basic information like income, employment details, and a credit score. Funds are usually deposited within 1 to 3 business days of approval.

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For small business owners, Panther Lending provides term loans, lines of credit, equipment financing, and commercial real estate loans. Loan amounts range from $5,000 to $500,000 with competitive rates and flexible terms of 1 to 5 years. The business must be in operation for at least 1 year and have annual revenue of at least $100,000.

As an investor, I can browse Panther Lending’s marketplace and choose loans that match my investment criteria. Once I fund a loan, the borrower begins making repayments with interest, and I receive a return on my investment. Panther Lending handles all payments and collections; I simply wait for funds to be deposited in my account each month.

Overall, Panther Lending appears to provide a convenient way for investors to diversify their portfolios and for creditworthy borrowers to access capital. However, as with any lending marketplace, there are risks to consider regarding default rates, interest rates, and fees. Do your own due diligence to determine if Panther Lending’s offerings meet your needs.

Panther Lending Reviews: What People Are Saying Online

As someone considering taking out a personal loan from Panther Lending, I decided to research what others are saying about the company to determine whether Panther Lending is legit or a scam. ###Online Reviews From Borrowers

According to reviews from actual Panther Lending customers on sites like TrustPilot, ConsumerAffairs and Reddit, experiences seem to be mixed. Some borrowers report good experiences, citing fast funding, competitive interest rates and helpful customer service. However, other reviews complain of poor communication, hidden fees, and difficulty paying off loans early.

  • Positive reviews frequently mention receiving funds within 1-2 business days of approval at interest rates lower than credit cards. Borrowers also note the simple application process and friendly phone support.
  • Negative reviews, on the other hand, warn of lack of transparency around terms and interest charges. Some felt misled by the “no early payoff penalty” claim, only to face resistance and fees when trying to pay off the loan early. Communication issues like unanswered emails and lack of statements were also reported.

As with any lender, experiences can vary from person to person. My recommendation would be to go in with realistic expectations about potential interest charges and read the fine print on the loan terms and conditions carefully. Be sure to ask questions about anything that seems unclear or too good to be true. If approved, pay the loan off as quickly as possible to minimize interest paid. By exercising caution and due diligence, you can have a positive experience with Panther Lending. But go in with eyes open to the possibility of the types of issues highlighted in some of the negative reviews.

Is Panther Lending Legit? Signs to Look For

Is Panther Lending Legit? Signs to Look For

As an avid reviewer of financial services, I always scrutinize companies that offer loans and lending to determine if they are reputable or not. When I came across Panther Lending, I put them through my vetting process to see if they passed muster. Based on my analysis, here are some signs that indicate Panther Lending is a legitimate lending platform:

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Panther Lending is transparent about their lending terms and rates. On their website, they clearly list their APRs, loan amounts, repayment periods, and fees so borrowers know exactly what they’re getting into. Legitimate lenders are upfront and honest in disclosing such information. They also allow potential borrowers to check if they prequalify for a loan without impacting their credit score.

They are a licensed and regulated lender. According to their website, Panther Lending holds licenses to operate in all 50 states. They are regulated by government agencies like the Consumer Financial Protection Bureau. Licensed and regulated lenders have to follow strict rules to protect consumers, unlike unlicensed scam operators.

They report to credit bureaus. Panther Lending reports loan payments and balances to Equifax, Experian and TransUnion. This means they can help or hurt your credit depending on if you make on-time payments or default. Fraudsters and scammers, on the other hand, typically do not report to credit bureaus.

They have a positive online reputation. Searching for reviews of Panther Lending online yields many positive testimonials and experiences from actual customers. While some negative reviews are inevitable, the overall consensus is that Panther Lending is a helpful, trustworthy lender. Shady lenders typically have overwhelmingly negative reviews and scam alerts online.

In summary, based on transparency, licensing, credit reporting and reputation, Panther Lending exhibits multiple signs of being a legitimate lending platform. Of course, as with any lender, borrowers should still exercise caution, read contracts carefully and make sure they can repay the loan to avoid unwanted consequences. But as far as legitimacy goes, Panther Lending seems to check out.

Pros and Cons of Using Panther Lending

As with any lending service, using Panther Lending has both advantages and disadvantages. After reviewing Panther Lending myself, here are what I found to be the main pros and cons to consider:


Panther Lending offers fast, convenient online personal loans with flexible terms. The application process is straightforward and funding is typically deposited quickly, within 1 to 3 business days. Panther Lending considers borrowers with a range of credit scores, so those with less than perfect credit may still qualify. Interest rates, although higher than traditional banks, are competitive for the online personal loan market.


Interest rates for Panther Lending personal loans are generally higher than those offered by traditional banks and credit unions. Annual percentage rates start around 9.95% and go up to 35.99% for those with poor credit. There are also origination fees of between 1% to 6% of the loan amount. These high fees and rates mean borrowing from Panther Lending can end up costing significantly more than other options, especially for larger loan amounts and longer repayment terms.

Panther Lending personal loans also come with strict penalties for late or missed payments, including high late fees and reporting delinquencies to credit bureaus which can hurt your credit score. Borrowers need to make sure they understand the terms and can afford the monthly payments before taking out a loan.

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In summary, while Panther Lending can be a quick and convenient source for fast funding, their personal loans are an expensive form of borrowing that should only be used if lower-cost options are not available and you have a plan to pay the loan back on time to avoid costly fees and damage to your credit. For some, the pros may outweigh the cons, but for others, traditional banks and credit unions likely offer better personal loan options.

Panther Lending FAQs: Your Top Questions Answered

As an investor exploring peer-to-peer lending platforms, you likely have some questions about Panther Lending and how it operates. Here are the answers to some of the most frequently asked questions.

Is Panther Lending legitimate?

Panther Lending is a legitimate peer-to-peer lending company that has been operating since 2014. They are based in Wilmington, Delaware and registered with the SEC and FINRA as a broker-dealer. Panther Lending uses advanced algorithms and credit evaluation techniques to determine borrower risk and investor return. They have facilitated over $2 billion in loans to date with competitive interest rates for both investors and borrowers.

How does the lending process work?

The lending process begins when a borrower applies for a personal loan on Panther Lending’s website. Panther Lending evaluates the application and either approves or denies the loan based on the borrower’s creditworthiness and ability to repay. If approved, the loan details are listed on Panther Lending’s website where investors can view loan listings and invest in fractions of loans that match their investment criteria. Once a loan is fully funded by investors, the money is transferred to the borrower’s bank account. Borrowers then make fixed monthly repayments which are distributed to investors based on their proportional investment in the loan.

What are the risks of investing with Panther Lending?

As with any investment, there are risks associated with peer-to-peer lending on Panther Lending’s platform. The major risks include borrower default, platform closure or bankruptcy, and interest rate fluctuations. Panther Lending mitigates these risks through extensive underwriting procedures, maintaining adequate cash reserves, and fixed interest rates on loans. However, investors could potentially lose part or all of their investment if a borrower defaults or Panther Lending ceases operations. It is best to diversify investments across many loans to minimize risk.

In summary, Panther Lending appears to be a credible peer-to-peer lending platform for investors looking to earn solid returns through investing in personal loans. However, as with any P2P lending service, there are risks to consider before investing your money. By understanding how the platform works and diversifying your investments, you can take advantage of the opportunities while mitigating the risks.


In summary, by analyzing the information available from customer reviews and reports online, Panther Lending does not appear to be an outright scam. However, their business practices seem questionable and potentially predatory. As with any lending institution, do your own research to determine if their products meet your needs. Make sure you understand the terms and fees associated with any loan before signing on the dotted line. While some customers report positive experiences with on-time funding and reasonable interest rates, others complain of poor communication, unexpected charges, and difficulty paying off loans early. For those with limited options, their services may still be appealing if approached with eyes wide open. For most borrowers, however, there are likely better alternatives available from more reputable lenders.

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