Groundfloor Reviews 403

TrustScore 2 out of 5

1.9

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Rated 1 out of 5 stars

What a terrible experience! Misleading maturity dates on investment products. Groundfloor holds your principle for years past the advertised "maturity date" for LRO investments, so consider yourself w... See more

Company replied

Rated 1 out of 5 stars

Groundfloor Lending ripped me off on repayment from one of their bad loans (see attached). They falsely rate their loans to investors and then take no responsibility when their clients default. A 7-ye... See more

Company replied

Rated 1 out of 5 stars

I’ve been waiting since April 2022 for 4 years for $60 in interest. Foreclosure supposedly happened 2 years ago and now it’s a short sale. This company is a joke of epic proportions

Company replied

Rated 1 out of 5 stars

This company seems to be a scam now by providing misleading descriptions of the loans. Basically 90% of the loans can not be paid as scheduled, and more than 1/3 or even more loans will be default... See more

Company replied

Company details

  1. Property Investment
  2. Alternative Financial Service
  3. Financial Consultant
  4. Investment Company
  5. Investment Service
  6. Non-Bank Financial Service

Written by the company

At Groundfloor, we believe investing should be open to everyone, not just the wealthy or well-connected. Since 2013, we’ve been helping everyday people put their money to work through short-term, real estate-backed investments that typically deliver around 10% annualized returns. We were the first company qualified by the SEC to offer direct real estate debt investments to both accredited and non-accredited investors. That means whether you are just starting out or have years of experience, you can invest with the same transparency and control. So far, more than 270,000 people have joined us, funding thousands of renovation and construction projects across the country. Along the way, we’ve been honored with awards like the Forbes Fintech 50 and a spot on the Inc. 5000 list six years in a row. Our mission is simple: remove barriers, create opportunity, and help you build wealth on your own terms.


Contact info

1.9

Poor

TrustScore 2 out of 5

403 reviews

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1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Replied to 92% of negative reviews

Typically replies within 2 weeks

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Rated 5 out of 5 stars

Friends of Investers

Staff is always helpful when I need assistance of any kind. They’re patient and give me as much time as I desire. Their words are of a sort that are easily understood. I am comfortable in asking for assistance.

September 7, 2022
Rated 4 out of 5 stars

So far I am very happy with Groundfloor

So far I am very happy with Groundfloor. My only suggestion is you need to have a hold account where you can have money in reserve apart from the auto investing AND your transfer of funds needs to happen faster!

September 7, 2022
Rated 5 out of 5 stars

Groundfloor Review

Groundfloor offers a great way to invest, whether you're seeking a savings account (through Groundfloor Stairs) or you wish to invest in real estate. You cannot go wrong either way. Good job, Groundfloor. Keep up the good work.

September 7, 2022
Rated 5 out of 5 stars

Ground-floor is A+++

I absolutely love the P2P concept of being the bank and directly investing into real mortgages. Also having the ability to buy actual private stock from the company. Awesome company and great ROI for investments

September 7, 2022
Rated 5 out of 5 stars

Easy investing

Great platform for investing your money with great rates of return. Once you get paid back from a loan just reinvest and watch your money grow!

September 7, 2022
Rated 4 out of 5 stars

LRO Investments

Received good return for my note investment on time everytime. LRO investment return turn into extention and made me wait longer than expected. Also like to see " Financial Condition" of the company (Groundfloor) on first sceen appears upon log in.

September 7, 2022

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