Ascend Loans is an online lending platform that offers personal loans to individuals who need financial assistance. The platform provides fixed-rate loans with flexible repayment terms, which can be used for various purposes, including debt consolidation, home improvements, and unexpected expenses. The loan application process is entirely online, and users can receive funds as soon as the next business day after approval. Ascend Loans also provides free credit monitoring and financial education resources to help users manage their finances effectively.
Ascend Loans has a refund policy in place that allows borrowers to cancel their loan application if they change their mind. If a borrower decides to cancel their loan application within three business days of approval, they can do so without incurring any fees or penalties. This is known as the "right of rescission," and it is a federal law that applies to all personal loans. The borrower needs to inform Ascend Loans of their decision to cancel the loan within three business days of approval.
Ascend Loans doesn't make it easy to get a refund. Many users get lost in support web pages, not sure what to do and where to click. If you find the Ascend Loans's website overwhelming and not user-friendly, you can turn to Chargeback for help to get your money back. It’s easy—you start by creating a profile in our app.
The timeline for receiving an Ascend Loans refund can vary depending on the specific circumstances of the loan cancellation. If a borrower decides to cancel their loan application within three business days of approval, they can do so without incurring any fees or penalties. In this case, Ascend Loans will typically process the refund within a few business days. The exact timeline for receiving the refund will depend on the borrower's bank processing times.
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