Paragon Loans Reviews

Click here if this is your business
★☆☆☆☆
0.9 / 5
14% of users recommend this
Click here if this is your business
  • Speed of Application

  • Customer Service

  • Value For Money

? Ask our helpful community of experts about this product or company
Paragon Loans - Ask a question now

Refine your search

Use the tools below to refine your search by only displaying reviews with a certain number of star ratings or to only show reviews from a certain time period. Eg click on '1 star' to just display the reviews we have which received a 1 star rating click or 'Within the last month' to display just reviews posted over the last month.

Latest Reviews

★☆☆☆☆

“Very unprofessional ”

Written on: 10/04/2020 by Golden144 (1 review written)

I had been working with Charita Abrams though my personal Realtor. She was always rude but I ignored it.. until today. I would not recommend her to anyone. I had asked her a question and her respond was please stop asking just do. After that I replied it is my right to ask questions and she responded with then don’t ask. I still have the text messages saved and contacted her boss. Incase anyone would like proof id be happy to share! Don’t let this happen to you! You have the right to ask… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“THIS COMPANY JSUT MAKE MONEY FROM SURVEYS AVOID AVOID...”

Written on: 19/10/2015 by julierumble (2 reviews written)

Even though we have found a house with a tenant who is willing to pay rent for 2 more years and have a £100k deposit we still have had a survey saying house need modernised. PARAGON say the house is un rentable? This is our second survey with this bunch of bandits on a property please avoid like the plague. Both times saying property needs modernised. I wish I had looked them up before embarking on a mortgage application with them. I have tried to find some good reviews but there are none… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Pharmk596”

Written on: 18/05/2014 by 1978Tucker (1 review written)

Hello! fdebffd interesting fdebffd site! I'm really like it! Very, very fdebffd good!… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Pharme208”

Written on: 18/05/2014 by Esther179 (1 review written)

Hello! ddagdee interesting ddagdee site! I'm really like it! Very, very ddagdee good!… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Pharmb663”

Written on: 06/05/2014 by Comptonow39 (1 review written)

Hello! ddbacad interesting ddbacad site! I'm really like it! Very, very ddbacad good!… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“DONT USE PARAGON”

Written on: 17/10/2013

I have PPI with Paragon. When I was made Redundant in November of last year, I requested the claim Forms so my payments could be made. The form did not arrive, even though I was requesting them at least once a month,they kept on saying that the forms had been sent. I was lucky that my redundant payment managed to pay for these payments over this period. I managed to get a temporary job in February, which was for 6 months, but am again unemployed, and am finding myself in the same situation… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“To bad I can't rate it 0 stars!”

Written on: 02/10/2013

Absolutely do not deal with this company or Charita Abrams. Awful service, make you pay for the appraisal after they tell you that you are approved then all of a sudden your not approved but yet out $400 dollars! After I switched to a different lender we found out Charita had added points to my loan adding an additional $30,000 to the total loan. What a joke of a company and a horrible person. I am not the only person that she has done this too as I have spoke with several other people trying… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“The ABSOLUTE WORSE ”

Written on: 01/07/2013 by Galveston (1 review written)

We have been strung along now for 2 months "Oh everything looks great" "Oh by the way we need these documents overnighted" you pull everything, copy & overnight them. A week later "Oh now we need ththese forms filled out & yup overnight them". Two weeks later NOW the stuff you sent oh we need it signed & here's some things you need to pull again. If you want a loan save yourself the PAIN go somewhere else unless you want to br homeless for a while… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Stay far from Paragon Financials”

Written on: 08/05/2013

I have a terrible experience with Paragon Financials.I lost over usd 21.000 doing business with them. They will look like helpful and friendly when you will know them but once you are in they will just end you if they can.They have no business ethics.A lot of promises but you will definitly loose your money if not your business. … Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Just in case....”

Written on: 16/10/2012

you thought this company might have improved,don't.It's now several years on from some of the earlier views yet i can atest to the fact that this is without doubt the worst company i have ever dealt with. Customer service is non-existent and anyone you get on the phone is either rude/offensive or both.My account with them has been running for six years i have never missed or been late for a single payment yet they are regularily n the phone for any number of spurious reasons,and guess what?… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Incredible Arrears With Paragon (National Home Loans)”

Written on: 02/09/2012 by TheMarsh (1 review written)

After reading numerous reviews on this forum, I thought I would share my experience of dealing with Paragon. Here is my story. I believe there are numerous reasons for the level of arrears that I find myself in. I think back to 1989 when I was sold a mortgage that was not explained properly. I do believe that I was mis sold this mortgage, simply based on the figures involved. I originally borrowed £49,124 in December 1989 and by April 2006, after paying approximately £60,000 in mortgage… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Think Paragon ARE YOU MAD”

Written on: 12/04/2012

Don't touch with a barge pole! If you are that desperate for a loan, go bankrupt before touching this company. Don't touch Idem they are one of the same!… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.

Guest's Comment

Written on: 27/06/2012

Hello to all , I also have had issues with Paragon. They are refuting mis-selling of PPI as it was sold via a broker - they are disputing the paying the £10K at end of the loan.
Has anyone been to the Financial Ombudsman?

Reply to this comment
If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
Read 1 Comment
★☆☆☆☆

“Loan Payments Extended”

Written on: 16/07/2011

I took out a loan with Paragon for £15,000 over ten years at £272 per month, this included PPi of £1900. Firstly when I went to apply for the PPI after I had an accident they refused it as they said it only covered the first five years, which is stupid as the loan is for ten. Secondly, my loan clears off this month, ten years on, but I got a statement with another £2600 added on meaning another 10 months of payments. I am not behind with my payments, infact I was ahead and they reduced two… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Dreadful people, I call them 'Parasites' as it is more...”

Written on: 31/01/2011

Dreadful people, I call them 'Parasites' as it is more descriptive. Took out a small loan (£3.5k) with Universal Credit back in the early 1990s, a good company who always send statements. I got sick and lost my job after about 2 years, the insurance paid out for a year and Universal Credit were sympathetic and helpful when I could not work for several years, and accepted token payments of £1 pcm and stopped charging interest. Then the bombshell - out of the blue, a letter from Paragon… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.

Guest's Comment

Written on: 24/04/2012

Im so with you, in exactly same situation. took out a joint loan with Universal in 92 my partner and I split he didnt pay so they pilled on the charges, today I still owe them more than I ever borrowed. Paying them back £10pm forever and a day!!!!!!!!!!!!!! A WARNING TO ALL DO NOT TOUCH UNIVERSAL CREDIT OR PARAGON FINANCE

Reply to this comment
If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.

Ch023's Comment

Written on: 14/10/2017

Totally agree. I took out a £10k loan with Paragon in 2004, and they quickly upped the interest, added charges. I lost my job for 6 months, during which time they hassled Me, and sent someone round to discuss the debt. When back in work, they were always asking for more payments, and sloth I was paying £300 a month, they wanted £600, and added interest if I didn't pay what they wanted.

I went through a repossession hearing, & won, as I was paying something, the Judge threw the case out! Still they added an attendance fee to my account for taking me to court!

After 8 years of hell. I went bankrupt to rid myself of them, as the debt was now £50k. Even after the hearing, I got a letter asking me to re-acknowledge the debt, to get around the bankruptcy order! I passed this to the official receiver, who took action by halving their dividend from my payments.

Now I'm discharged, and it's great to be properly free of them. DO NOT TOUCH PARAGON!!

Reply to this comment
If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
Read 2 Comments
★☆☆☆☆

“please,please,please listen to these reviews. I...”

Written on: 13/08/2010

please,please,please listen to these reviews. I borrowed 50k with a good interest rate. the following 4 months I had an increase in rates although at the time the economy was in a good state. so my great interest rate was now the worst. when i phoned them to query it was basically tough. with the economy crises my interest rates went up again. although when they went down Paragon refused to lower mine. for example I was payong appx 220.00 a month and within 4 months this came to 375.00 a month… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“Please think very carefully before you commit yourself to ”

Written on: 19/05/2010

Please think very carefully before you commit yourself to
doing business with Paragon. My advice would be to contact
the consumer credit counselling service for advice before
taking out a personal loan with this company.These companies
prey on the vulnerable. We were unable to get credit due to a
unfortunate bad credit rating. Not suprisingly we were offered a substantial
loan from Paragon of 50,000pounds to clear business debts that I had. It was
quite a good rate and a reasonable repayment… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“WE took out a loan with paragon in 2004 for 40K we...”

Written on: 20/02/2010

WE took out a loan with paragon in 2004 for 40K we didn't miss any payments until the recession started.
We informed them of our circumstances after paying over 20k and asked for a statement. Found out we were now owing £51,000. The interest rate seems to go up at an astronomical rate. They claim that they do not follow the Bank of Englang rate and now charge £20 per letter and £10 per call. It is never ending.
If we had known about paragon before then, we never would have gone with them… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
★☆☆☆☆

“i have had nothing but problems with this company they...”

Written on: 16/12/2009

i have had nothing but problems with this company they are big rip offs £20 tele phone calls £10 for letter even when your paying them regular these charges are attached to your balance ppi they ripped me off £1200 when i had cancer and tried to claim they told me i was no longer covered ive been charged over £2000 by this company on top of the loan my experiance their loan sharks or as bad as… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
☆☆☆☆☆

“I borrowed 15,000 from Paragon Loans in 2000, asked...”

Written on: 09/06/2009

I borrowed 15,000 from Paragon Loans in 2000, asked for a settlement figure, only to find out i still owe 9, 874.00!! after paying 245.00 per month for the last 9 years& 5months, i have paid up to date, £ 27,600.00!!!!!

when will this debt ever end!!!!!… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.

Clivewelshboy's Comment

Written on: 16/12/2009

I found this review very helpful because... it relates to my experience with this company paragon personal finance every body needs to make a profit to survive but ripping folk off is not the right way to go about it paragon constantly phone you or write letters to you charging to your account between £10-£20 this adds up over time increasing your debt with interest
<br/>even when your paying them regular i have been charged over &pound;2000 plus misold ppi &pound;1200 thats over &pound;3,000 how can they be allowed to do this surely theres something we can do about it

Reply to this comment
If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 1 0
Read 1 Comment
☆☆☆☆☆

“We took out a loan with these guys a couple of years...”

Written on: 24/04/2008 by Oldson26 (1 review written)

We took out a loan with these guys a couple of years ago to help concilidate some debts we had racked up. This last year alone the interest charges went up 5 times and now the rate has come down they tell me they are not linked to the B of E so thats just tough. Also when I asked for a settlement figure I'm told they have to post it to me so that was yet another problem. On top of that in the last 2 months we have had a dozen letters and phonecalls trying to persuade us to borrow yet more… Read Full Review

If you are commenting on behalf of the company that has been reviewed, please consider upgrading to Official Business Response for higher impact replies.
Report this review
Was this review helpful? 0 0
overview