Debt Relief / Company / Ladder Loans

Ladder Loans: Did You Get The Mailer?

Written by Ascend Team
Updated Nov 1st, 2023
Did Ladder Loans prequalify you for a loan with a 5.99% interest rate (similar to the one below)? What are reviews? Did you apply and get rejected for the loan, but you got approved for a debt consolidation program (aka debt forgiveness / debt resolution / debt relief / debt reduction / debt negotiation / debt settlement / debt arbitration program, the list goes on and on)? 

If so, I wrote this article for you. 

One reviewer mentioned that this may be a bait and switch marketing tactic, so we will look at that as well.

The mailer sent from Ladder Loans

What is Ladder Loans?

Ladder Loans's parent company appears to be Blue Front Financial, LLC. The manager of Blue Front Financial, LLC is FPH Capital Partners, LLC, which may be a private equity firm. It was unclear to me whether Ladder Loans is actually a lender or whether they refer to other lenders.

If you are looking for a loan, we have 2 debt consolidation loan options that we like that do not affect your credit score when checking rate and do not charge prepayment penalties.

2 Top Debt Consolidation Loan Options

Important Distinction: Loans vs Programs

It is important to understand the distinction between a debt consolidation loan and a program to ensure you sign up for the correct thing you are looking for.  

  1. The loan amount will be put into your bank account.
  2. Plan to have a set interest rate agreed upon by you and lender.
  3. If you make the monthly payments on time, you could see your credit score improve.
  4. Your creditors won't threaten to take legal action (as long as you are able to keep up with the payments and do not fall behind).
  1. Set up an escrow account where your monthly payments will be pulled from until your settlement amount is reached.
  2. There is no interest rate, but rather the interest and fees will accumulate until settlement is complete.
  3. If you keep up with monthly debt settlement payments, your credit score can still be significantly damaged.
  4. You have to fall behind on your accounts (Typically 90-120 days).
  5. Your creditors can threaten to take legal action
  6. There is potential of owing taxes on the debt that is forgiven. 

Ladder Loans History

I was able to find Ladder Loans on WayBack Machine. It looks like the website has been saved eighteen times in the last 13 years. It looks like in 2023, it started to pick up a bit. I am unsure if it has always been the same company due to the fact that their BBB page shows they have been in business for one year. We will cover that further on. 
Wayback machine showing the website has been saved 18 times in the past 13 years

How Much Do Debt Consolidation Programs Cost?

At Ascend, we believe that debt consolidation programs (debt relief) may be a good option, but often in context in understanding all the costs and duration estimates of all your options. As such we built the free debt consolidation program cost calculator below to help you compare your current monthly obligations to a debt consolidation program.

Ladder Loans Reviews

One way to know if you want to work with a company is to hear from others. Reading about other people's good and bad experiences can help you be fully educated on a company and how they function. Let's explore some reviews on Ladder Loans. 


On their BBB page, unfortunately they received a 1 out of 5. I was unable to find any positive reviews. It appears as though they have only been in business for one year. 
their BBB page showing they have a 1 out of 5 rating.

There were a few negative reviews stating Ladder Loans is a bait and switch deceptive marketing company. It appears as though people experienced Ladder Loans attempting to push them into a debt settlement program. 

BBB showing people's frustrations with Ladder loans and their deceptive marketing tactics

Google Reviews

On Google, Ladder Loans received a 3.3 out of 5 stars. This is based on 19 reviews, so there was not a ton to go off of.

Their google review showing a 3.3 out of 5

There were a few positive reviews that discussed how they felt very cared for by Ladder Loans and the representative they spoke with. They mentioned you need a good credit score to qualify for a loan, but if you are able to then Ladder Loans was great for them.

A positive review discussing how great ladder loans was

The negative reviews discuss how the company is a bait and switch and you should not work with them. They also mentioned receiving constant calls and texts.

A negative review discussing their bad experience with ladder loans

TrustPilot Reviews

On TrustPilot it looks like Ladder Loans received a 3.6 out of 5. They had quite a few reviews that helped in my research. 
 A 3.6 out of 5 on trust pilot
The positive reviews talked about how easy the process was and how they felt as though the people speaking with them were very helpful.

A positive review saying that the process was easy and the representative was very professional

The negative reviews discussed how high the interest rates were. They also discussed how the company is a scam and they recommend you do not call them. 

Negative reviews saying the interest rates were very high and they were a scam company

Other Reviews

I was unable to find any other reviews on Ladder Loans. 

Alternative Options to Ladder Loans

Many people prefer to try to get a debt consolidation loan before looking at options such as debt management, debt payoff planning, debt settlement or bankruptcy. 

If you've searched far and wide for a loan and can qualify, consider taking the free debt consolidation program cost calculator below that allows you to compare to other options.