When it comes to securing a loan, the options can be overwhelming. Finding the right lender that suits your specific needs can be a challenging task. One option that has gained attention recently is First Choice Consolidation Plus. But before you make a decision, it’s important to determine whether they are a legitimate service or a potential scam. In this review, we will delve into the details of First Choice Consolidation Plus, examining their services, terms, and customer feedback to help you make an informed choice.

What is First Choice Consolidation Plus?
First Choice Consolidation Plus is not a lender or a debt consolidation company. Instead, they provide loan and consolidation referral services. Their role is to connect individuals seeking loans with potential lenders. It’s essential to understand that they cannot guarantee loan approval, as the final decision lies with the lender. So if you are trying to contact a debt settlement company or a debt settlement program, directly this may not be the best choice.
How does First Choice Consolidation Plus work?
First Choice Consolidation Plus offers various debt consolidation options tailored to your needs. Their specialists will work closely with you to create a personalized plan that aligns with your budget and financial goals. Once you have chosen a consolidation plan, you will be redirected to a real debt consolidation company or lender that may be able to assist you.
Qualification Process
It’s crucial to note that providing your information on the First Choice Consolidation Plus website does not guarantee loan approval. The approval process is based on factors such as your credit score, the requested loan amount, and the loan duration. These terms will be determined by you and the lending partner.
First Choice Consolidation Plus Summary

Let’s take a closer look at some key points about First Choice Consolidation Plus:
- First Choice Consolidation Plus offers unsecured personal loans and consolidation referral services.
- Loans available through their partners have an Annual Percentage Rate (APR) ranging between 4.99% and 35.36%.
- The information you provide will be shared with lending partners and third parties to process your request.
- First Choice Consolidation Plus, Inc. is a Licensed Consumer Finance Lender in CA.
First Choice Consolidation Plus BBB Reviews
First Choice Consolidation Plus has been accredited by the Better Business Bureau (BBB) since 2020. They have maintained an A+ rating, indicating their commitment to resolving customer concerns and providing a reliable service. With an average of 9 customer reviews and 0 complaints, they have received a 5-star rating. However, it’s worth noting that most of the reviews were submitted in 2020, so there is limited recent customer feedback available.
Transparency and Legitimacy
First Choice Consolidation Plus emphasizes transparency and does not charge any fees for its services. They do not endorse or charge for products or services, and their goal is to provide you with the necessary information to make an informed financial decision. As a business operating for over five years, they take pride in their reputation and strive to help individuals find suitable lenders for their specific needs.
Cost and Repayment Terms
The actual cost of a consolidation loan through First Choice Consolidation Plus depends on several factors, including your credit score, loan amount, loan term, and credit usage history. The total amount you will pay will be agreed upon by you and the lending partner. For example, a personal loan of $10,000 with a term of 36 months and an interest rate of 10% would amount to $11,616.
Pre-payment and Flexibility
First Choice Consolidation Plus does not charge prepayment fees, allowing borrowers to pay off their loans early without penalties. This flexibility provides borrowers with the opportunity to manage their loans according to their financial circumstances and pay them off ahead of schedule.
Credit Impact
When you check your rate with First Choice Consolidation Plus, they will perform a soft inquiry on your credit report. This type of inquiry is only visible to you and does not have a negative impact on your credit score. However, it’s important to note that when you apply for credit with their lending partners, they may conduct a hard inquiry, which could temporarily lower your credit score.

FAQs
1. How long does it typically take to receive a loan offer through First Choice Consolidation Plus?
Answer: The time it takes to receive a loan offer can vary depending on several factors. Once you submit your information on the First Choice Consolidation Plus website, it is shared with their network of lending partners. These partners will evaluate your application and financial profile to determine if you meet their criteria. The timeline for receiving loan offers can range from a few hours to a few days. Factors such as the complexity of your financial situation, the volume of loan applications being processed, and the responsiveness of the lending partners can impact the duration of the process.
2. What types of loans are available through First Choice Consolidation Plus?
Answer: First Choice Consolidation Plus provides access to a variety of loan options through their lending partners. These may include personal loans, debt consolidation loans, business loans, home improvement loans, and more. The specific loan types available can vary based on the lending partners and their respective offerings. By working with a diverse network of lenders, First Choice Consolidation Plus aims to provide borrowers with a range of loan options to suit their individual needs.
3. Can I use the loan obtained through First Choice Consolidation Plus for any purpose?
Answer: Yes, once you are approved for a loan through First Choice Consolidation Plus, you generally have flexibility in how you use the funds. Whether you need to consolidate existing debts, cover unexpected expenses, finance a major purchase, or invest in your business, the loan funds can typically be used for a wide range of purposes. However, it’s important to review the terms and conditions provided by the specific lending partner to ensure there are no restrictions or limitations on the use of the funds.
4. Are there any minimum or maximum loan amounts available through First Choice Consolidation Plus?
Answer: The loan amounts available through First Choice Consolidation Plus can vary depending on the lending partners and their respective policies. Generally, lenders may offer loan amounts ranging from a few thousand dollars up to six figures. The specific minimum and maximum loan amounts will be determined by the lending partner based on various factors, including your financial profile, creditworthiness, and the purpose of the loan. During the application process, you will have the opportunity to indicate your desired loan amount, and the lending partner will assess its feasibility based on their criteria.
5. Can I apply for a loan through First Choice Consolidation Plus if I have previously filed for bankruptcy?
Answer: Yes, individuals who have previously filed for bankruptcy may still be eligible to apply for a loan through First Choice Consolidation Plus. While a bankruptcy filing may impact your credit history and overall creditworthiness, some lenders specialize in providing loans to individuals in these situations. However, it’s important to note that the terms and interest rates offered to borrowers with a bankruptcy history may differ from those with a clean credit history. Lending partners will evaluate your complete financial profile to determine your eligibility and the terms of the loan.
6. What documentation will I need to provide when applying for a loan through First Choice Consolidation Plus?
Answer: The specific documentation required may vary depending on the lending partner and the type of loan you are applying for. Generally, you can expect to provide standard documentation, such as proof of identity (e.g., driver’s license, passport), proof of income (e.g., pay stubs, tax returns), bank statements, and any relevant financial statements or documentation related to your specific loan purpose. The lending partner will inform you of the required documentation during the application process to ensure a smooth and efficient review of your application.
7. Can I apply for a loan through First Choice Consolidation Plus if I have a limited credit history or no credit history at all?
Answer: Yes, individuals with limited or no credit history may still be eligible to apply for a loan through First Choice Consolidation Plus. While having a limited credit history can make it more challenging to secure a loan, there are lenders within their network who specialize in working with individuals in this situation. These lenders may consider alternative factors, such as income stability, employment history, and other financial indicators, to assess your creditworthiness. Keep in mind that the terms and interest rates offered may differ from those with an established credit history, and it’s important to carefully review the loan terms provided by the lending partner.
8. How does First Choice Consolidation Plus handle customer complaints or disputes?
Answer: First Choice Consolidation Plus takes customer satisfaction seriously and strives to address any concerns or disputes promptly. In the event of a complaint, customers can reach out to their customer service team directly. The company’s website usually provides contact information, including phone numbers and email addresses, for customer support. First Choice Consolidation Plus aims to work with customers and their lending partners to find satisfactory resolutions to any issues that may arise. If necessary, they may escalate complaints to the appropriate parties involved to ensure a fair and timely resolution.
Please note that while every effort has been made to provide detailed and accurate information, it’s always advisable to consult directly with First Choice Consolidation Plus and their lending partners to obtain the most up-to-date and specific details regarding their services, loan terms, and eligibility criteria.

Making an Informed Decision
Before deciding whether to use the services of First Choice Consolidation Plus, it’s crucial to consider your own financial situation and goals. While they provide a convenient platform to connect individuals with potential lenders, it’s important to be aware that the final loan terms and approval depend on the lending partner you choose.
To ensure you make the best decision, consider the following:
- Evaluate your financial needs: Assess your current debt situation, financial goals, and budgetary constraints. Determine whether debt consolidation is the right option for you.
- Compare offers: It’s always a good idea to compare offers from multiple lenders. This will allow you to understand the different interest rates, repayment terms, and fees associated with each option.
- Read customer reviews: Although First Choice Consolidation Plus has an excellent BBB rating, it’s advisable to read recent customer reviews to get a sense of the experiences of others who have used their services.
- Understand the costs: Be aware of the potential costs associated with the loan, including interest rates, fees, and any other charges. Carefully review the terms and conditions before committing to a loan.
- Seek professional advice: If you’re uncertain about the best course of action, consider consulting with a financial advisor who can provide personalized guidance based on your specific circumstances.
Conclusion
First Choice Consolidation Plus offers loan and consolidation referral services, connecting individuals in need of loans with potential lenders. While they have maintained a positive reputation with an A+ rating from the BBB and have received favorable customer reviews, it’s essential to approach their services with caution.
Before utilizing their platform, take the time to evaluate your financial situation, compare loan offers from multiple lenders, and carefully review the terms and conditions. By making an informed decision and being aware of the potential costs and risks, you can navigate the loan process more confidently.
Remember, First Choice Consolidation Plus can assist you in finding a suitable lender, but ultimately, the responsibility lies with you to assess the terms, costs, and credibility of the lenders they connect you with. By approaching the process with diligence and thorough research, you can make a well-informed decision that aligns with your financial goals and needs.
First Choice Consolidation Plus
First Choice Consolidation Plus Review
Remember, First Choice Consolidation Plus can assist you in finding a suitable lender, but ultimately, the responsibility lies with you to assess the terms, costs, and credibility of the lenders they connect you with. By approaching the process with diligence and thorough research, you can make a well-informed decision that aligns with your financial goals and needs.
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