Grace Loan Advance Reviews ( Reddit & BBB )

Are you looking for some extra money for your personal use? Then you might want to check out Grace Loan Advance. If you have heard or read about this institution but want to check out its authenticity and legitimacy hence you are among those asking “Is Grace Loan Advance legit, safe, or a scam?” then hang on this page as we take you on a smooth ride through what this company stands for. We will also give a comprehensive review of Grace Loan Advance. I know you wouldn’t want to miss it, so let us go see what is therein. 


Grace Loan Advance is a marketplace lending platform that offers personal loans in the United States. It was founded in 2015 with its headquarters in Los Angeles, California. It has centers or agents in almost all states of the US including Washington DC.

Unlike other loan companies, this company offers a large amount of personal loans hence it is preferred by many individuals. Here you can get as much as a $100 – $35,000 loan. Interestingly, the interest rates are low, and a flexible repayment method. 

However, with the high rate of internet scams especially with loans, it is pertinent to consider the credibility, safety, authenticity, and most importantly the legitimacy of any organization before proceeding to do business with them. As you continue reading, you will find out if Grace Loan Advance is legit or not. You will also see reviews about it which will help to inform our conclusion if this institution is safe or not. 

Is Grace Loan Advance Legit?


It is exciting to let you know that Grace Loan Advance is legit. This is because there is concrete proof to show that the company has been giving real loans to individuals for various personal purposes. And that has accorded the company a high percentage of trust hence it can be said that it is not a scam. 

Furthermore, the company is seen as legit because it is said to be licensed and operates within the legal frameworks of its licenses. In other words, it works in line with government regulations as it affects its operation and those of other similar organizations. 


Like most companies, however, the Grace Loan has its drawbacks which have given them quite a bad reputation. A thorough observation of the reviews that it has gotten on different platforms will give a better judgment on this. Let’s see Grace Loan Advance reviews as you read on.

Grace Loan Advance Reviews


Now, we are going to see what people are saying about the Grace Loan Advance company. This will help you know what you are going for and decide whether to go ahead or not. We will do this by looking at some of the most popular review websites on the internet. See them below;

Grace Loan Advance BBB

This company is not accredited by Better Business Bureau (BBB) in the United States, but it can be trusted. This is because both Grace Loan Advance and its parent company BRD Enterprise LLC have an A+ rating from BBB. There were so many commendations from users with a few complaints bothering about high rates and eligibility.

Grace Loan Advance Reddit

I know you are familiar with Reddit already. It is an online platform and website where individuals ask questions to give clarifications. Complaints are also made there and these serve as reviews. Grace Loan Advance has many comments on Reddit and the majority of those comments are positive. It was commended for its prompts and easily accessible customer service. It also received commendations for its high loan offer. 

Grace Loan Advance Trustpilot

Like the above, comments on Trustpilot show that this company is legit and not a scam. They were a lot of positive comments with a few displeasure about its interest rates. 

Grace Loan Advance Reviews On Indeed

Indeed is another platform where customers give informed opinions and reviews about different companies and products. On Indeed, Grace Loan Advance and its parent company RBD Enterprises, LLC have a rating of ¾ stars. However, there were a few negative reviews about it here.

And most of them express displeasure over the short repayment terms and high-interest rates. Furthermore, there are complaints online about the company’s lack of transparency with its eligibility criteria and the loan application fees.


Is Grace Loan Advance Safe?


With all of the reviews gotten so far about this platform, you can deduce that it is safe. However, take note of the negative comments and tread cautiously. See its eligibility criteria and interest rates below.

Grace Loan Advance Requirements


The eligibility criteria for the loan are not clearly stated for the public to see on their website. However, you must meet the following requirements to qualify for a loan with this company.

  • You must be resident in the United States of America.
  • Must have a good credit score
  • Must possess a good income report. 

Grace Loan Advance Interest Rates


Like its eligibility criteria, the interest rates are not well spelled out from the onset. However, it is speculated that the rate is between 5.99% to 35.99% APR. And this goes for both new and returning customers.

How Can I Apply To Grace Loan Advance?


The application process is very simple as it is done online by taking the following steps. 

  • Visit the official website of the company at
  • Create an account 
  • Choose from the options of lenders presented to you.
  • Click on Apply and start the application by following the on-site prompts.
  • Enter all required information and the money will be sent to your bank account.

Why Should I Go For Grace Loan Advance?


Some of the benefits of using this loan option include fast and easy loan disbursements, no hidden charges, large loan offers, several lending options, etc. 


From all that we have seen in this article, you can tell that Grace Loan Advance is legit and not a scam. Therefore it is safe to get a loan from them. However, it is important to cautiously do that especially as it concerns its interest rates. For further inquiries, visit its website stated above or call the Grace Loan Advance phone number at (424) 317-8925.