In the words Of Jared Kogan.
"We launched Giggle to serve 1099s and gig workers with access to financing after seeing the slim options in the market," Kogan said. "Independent workers are the future of work and we're here to be the one-stop-shop for all their financial needs. With an application to the funding process in under 10 minutes, our speed and transparency help the independent workforce continue to thrive."
My experience with Giggle Finance.
Predatory Lending.
Unfortunately, I was in a financial bind as a small business owner and agreed to borrow from Giggle Finance. The Loan ended up being a ridiculous illegal high interest loan.
I borrowed it. $1,790.69. Tuned into
5 payments of $266.78.
Total payments =1333.90
Plus $226.78 which is under dispute, because they were told not to withdraw from that account any longer, they did it anyway.
So, the total amount paid paid is at $1600.68
The payoff amount is $1109.
Which brings my total to $ 2709. And that is with them honoring the early cut off. So, this is how much it will cost you to borrow any money from Giggle, which they are truly giggling at us. Also, they are demanding that I pay it by Friday, or will submit it to their lawyers.
Shame on me for being so foolish to do business with a shark.