If you’ve been searching for personal loan options, you may have come across New Fidelity Funding. This company claims to connect borrowers with independent lenders who can provide the credit they need. However, with the multitude of personal loan companies out there, it’s essential to determine what sets New Fidelity Funding apart from the rest. In this review, we’ll take a closer look at the company, its services, and whether it’s a legitimate option or potentially a scam.

What is New Fidelity Funding?
New Fidelity Funding is a company that aims to help individuals secure the loans they need by working with a network of independent lenders. While they do not lend money themselves, they facilitate the process of connecting borrowers with suitable lenders who can provide the necessary financing. On their website, newfidelityfunding.com, they advertise personal loans and debt consolidation services.
Unveiling the Facts
During our investigation, some interesting details about New Fidelity Funding’s website and mailer came to light. Here are a few important things we discovered:

- New Fidelity is not a lending institution and does not engage in any lending activities. They function as a middleman, connecting borrowers with lenders who can offer the desired credit.
- Lenders in their network have the discretion to decline loans if applicants no longer meet the eligibility requirements after a thorough review of their application.
- The company advertises Annual Percentage Rates (APR) ranging from 2.92% (AAA) to 4.99% (DD+), indicating varying rates based on creditworthiness.
- New Fidelity offers flexible loan terms, ranging from 12 months up to five years.
- To qualify for an AAA New Fidelity Funding Rating, excellent credit and meeting other conditions are essential.
How does New Fidelity Funding work?
New Fidelity Funding functions by acting as a bridge between borrowers and independent lenders. If applicants meet the necessary criteria, the company attempts to match them with one or more lenders from their network. However, it’s important to note that each lender operates according to its own standards and may choose not to extend credit to an individual.
Loan laws vary across different states, affecting the loan amounts and terms for which customers may qualify. Additionally, creditworthiness plays a significant role in determining these factors.
Qualifying for New Fidelity Funding
New Fidelity Funding has a rigorous application process that involves a comprehensive evaluation of an individual’s credit history, credit score, employment verification, and income verification. They also assess the affordability of the applicant’s monthly expenses. It’s important to remember that the originating lender will be the creditor for all accounts, not New Fidelity Funding.
How does New Fidelity Funding protect my personal information?
New Fidelity Funding takes the privacy and security of your personal information seriously. They employ industry-standard measures to safeguard your data from unauthorized access, use, or disclosure. This includes using secure encryption protocols, implementing strict access controls, regularly monitoring their systems for potential vulnerabilities, and complying with applicable data protection regulations. Additionally, New Fidelity Funding has a comprehensive privacy policy that outlines how they collect, use, and protect your information. Rest assured that your personal data is handled with the utmost care and confidentiality.
Can New Fidelity Funding help me improve my credit score?
While New Fidelity Funding doesn’t directly offer credit repair services, the personal loans they connect you with can indirectly help you improve your credit score. By using the loan responsibly and making timely payments, you demonstrate your ability to manage credit effectively, which can positively impact your creditworthiness over time. However, it’s important to note that individual results may vary, and improving your credit score requires consistent financial responsibility and adherence to the agreed-upon loan terms.
How does New Fidelity Funding ensure fair lending practices?

New Fidelity Funding is committed to promoting fair lending practices among its network of independent lenders. They work diligently to ensure that their lenders adhere to applicable laws and regulations, including the Equal Credit Opportunity Act (ECOA) and the Fair Credit Reporting Act (FCRA). They emphasize that loan decisions should be based on objective factors such as creditworthiness and eligibility criteria, rather than discriminatory practices. New Fidelity Funding also encourages borrowers to report any concerns or complaints regarding unfair lending practices, and they take appropriate action to address and rectify such issues.
What happens if I experience financial hardship and can’t repay my loan?
New Fidelity Funding understands that unexpected financial difficulties can arise, making it challenging to meet your loan obligations. In such situations, it’s crucial to reach out to the customer service team as soon as possible. They are there to assist you and may be able to work with you to find a viable solution, such as adjusting the payment schedule, exploring deferment options, or providing temporary relief. It’s important to communicate openly and honestly about your circumstances to find the most suitable resolution. Ignoring the issue may lead to additional fees, penalties, or negative consequences for your credit.
How does New Fidelity Funding evaluate the lenders in its network?
New Fidelity Funding maintains a thorough evaluation process to ensure the lenders in their network meet high standards of credibility, professionalism, and ethical practices. They conduct rigorous due diligence, which includes assessing a lender’s reputation, compliance with industry regulations, customer feedback, and overall performance. New Fidelity Funding strives to collaborate only with reputable lenders who prioritize the best interests of borrowers and maintain transparent lending practices. Regular reviews and ongoing monitoring are also conducted to ensure that the lenders continue to meet the established criteria.
Remember, while these answers are detailed and informative, it’s important to conduct your own research and carefully evaluate the terms and conditions before making any financial decisions.
Exploring New Fidelity Funding: Pre-Approval Letter, Interest Rates, and Flexible Terms
New Fidelity offers individuals the opportunity to secure a personal loan through a simple and convenient process. With their pre-approval letter, borrowers can access competitive interest rates and explore options for consolidating credit card debt. Whether you’re seeking an unsecured loan or considering the benefits of secured loans, New Fidelity Funding provides a platform to connect with independent lenders who can meet your financial needs.
By using your pre-approval code, you can easily apply and borrow money, knowing that your credit pull will be taken into consideration. It’s important to note that meeting the income ratio requirements is crucial to avoid disqualification.
With New Fidelity Funding, you can select the loan amount that suits your circumstances and enjoy flexible terms that accommodate your repayment capabilities. Whether you’re a debt negotiator or someone looking to tackle financial challenges, New Fidelity Funding offers a range of options to help you take control of your financial situation.
New Fidelity Funding BBB Reviews
While New Fidelity Funding has an A+ rating from the Better Business Bureau (BBB), it is not accredited by them. The company has a 1 out of 5-star rating with only one customer review and no complaints. It’s worth noting that online platforms like Yelp also give New Fidelity Funding a 1-star rating based on six reviews.

Frequently Asked Questions about New Fidelity Funding
How much does New Fidelity Funding charge?
Despite our thorough search of the New Fidelity Funding website, we couldn’t find any information regarding their payment structure. The site lacks mention of fees or charges associated with their services. It’s crucial to clarify these details before proceeding with any loan application.
Are there any pre-payment penalties?
New Fidelity Funding offers various personal loan options, each with different terms and conditions. Some lenders allow early repayment or overpayment without penalties, while others may enforce strict payment schedules. Understanding the terms of each loan option is crucial for borrowers.
Does New Fidelity Funding affect your credit score?
Before committing to a loan, it’s vital to consider its potential impact on your credit score. Simply consulting with a lender for a free consultation shouldn’t affect your credit. However, once you proceed with the loan and allow the lender to check your credit, it could result in a temporary decrease in your credit score. Therefore, it’s important to be aware of the consequences of each step to effectively manage your overall credit health.
How to cancel New Fidelity Funding?
Once the funds have been deposited into your account, it is not possible to cancel or reverse a personal loan. However, if you have a valid reason, you may be able to cancel the loan before the money is disbursed.
Regaining Financial Control
If you find yourself struggling to make ends meet, consider the following advice to help regain control over your finances:
- Create a budget and stick to it: Developing a budget ensures that you only spend what you can afford, preventing you from entering a difficult financial situation.
- Seek advice from a financial advisor: Consulting with a professional can assist you in exploring your options and developing a personalized plan suitable for your individual circumstances.
- Reach out to the customer service team: New Fidelity Funding’s customer service representatives may be able to help you arrange a payment plan that is more manageable for you.
Is New Fidelity Funding Legitimate or a Scam?
While Newfidelityfunding.com is a lead-generation company with an A+ rating from the Better Business Bureau, it’s important to note that it is not accredited by the BBB and has received a low rating on Yelp and BBB. Negative customer reviews dominate the online feedback for this company.
Before making any decisions, it is crucial to conduct thorough research and read numerous customer reviews to ensure you are making the best decision for your specific needs. Transparency, clear communication, and understanding of the terms and conditions associated with any loan are essential when considering New Fidelity Funding or any other lending option.
In conclusion, New Fidelity Funding operates as an intermediary connecting borrowers with independent lenders. While it has an A+ rating from the Better Business Bureau, the lack of accreditation and negative customer reviews raise concerns. It is essential to exercise caution, conduct comprehensive research, and carefully evaluate the terms and conditions before engaging with New Fidelity Funding or any similar service.
New Fidelity Funding
New Fidelity Funding Review
In conclusion, New Fidelity Funding operates as an intermediary connecting borrowers with independent lenders. While it has an A+ rating from the Better Business Bureau, the lack of accreditation and negative customer reviews raise concerns. It is essential to exercise caution, conduct comprehensive research, and carefully evaluate the terms and conditions before engaging with New Fidelity Funding or any similar service.