Cigno Australia
Verified4,401 reviews
Mark Swanepoel – Mark Swanepoel Is a scammer and your anger should be at him, this company has been sued by the ASIC for illegal lending contracts. Dont use them
Ripped off – Worst loan company to never have a legal right to lend money borrowed $150 and despite numerous complaints they are still tr to dip their hands in my bank account for the $997 due to their ridiculous scam.
Worst company EVER – Literally the worst place ever. I did take a loan out but now I don’t even have an account to make repayments and they keep hounding me with emails. I keep telling them I cannot access my account to make payments and I get the same email back saying to reset my password. But when I request password reset I don’t get the email?? Also been getting… Read more
payment requests very late. Like I got an email on the 23rd saying my payment is due on the 19th (of that same month) and will be deducted in 2 days.
I don’t get it, major scam company. I don’t even know how to repay it because no one is answering my emails and my inquiries are being sent to an email that doesn’t exist
Reviews with attachments
i paid 600 for a 250 loan for two months – i was told a payout figure and asked if it could be lower i didnt hear from them so ipaid it then i got an email saing a lower payout but they didnt refund the $75 difference and ghosted me Show details
A Bunch Of Useless Crap, Cant Contact Them And They Smash You With Interest. Stay Away Trust Me – Do not use these crap they will crap you over like they did me.... Threatening emails when my account was already closed. Show details
Worse loan shark ever!!! – Avoid as much as you can!! Did a 250 loan with them and ended up paying back almost $1000. Can't get a hold of anyone over the phone most times. I kept telling them since the loan was created that I need it to go out monthly . But they said it can't be done so I just kept getting charged their extra and ended up almost paying 4x the amount I borrowed! Worse place ever!!! If I could give no stars I would
DO NOT BORROW FROM THEM – Missed a payment and logged in two days after said missed payment in the morning and did ‘one click payout’ to clear the entire amount owing which was $306.95 and then I get an email at 7pm saying they’re charging me $100 in fees and the next day I get an email saying I still have another payment to make plus those $100 in fees? I BORROWED $250… Read more
GUYS! You know what the total is they’ve tried to charge me? $719.95! NOT WORTH IT. THEY TAKE YOU FOR ALL YOU HAVE THEN SOME.
Positive reviews
Balance review of my loan – Have had an amazing and supportive experience with cigno. However im desperately needing a balance summary of all my payments from start to finish with the amount due. It's for a nils loan and im struggling to get hold of cigno. For some reason my portal won't work have tried several ways and tried retrieving my password which had not been… Read more
successful unfortunately. Could someone please help me as ive tried leaving messages when ring the cigno contact number but that's not helping either. I'm a bit stuck ......HELP AND THANKYOU
This is perfect – Good I agree with the personal details I hope this helps me like before and I really need some money I'm homeless at the moment just need this to approve
Brilliant loan company – Got a loan with cigno on the 14/12/2022 very pleased with them they keep there word to help you would recommend them to anyone who needs a loan they are there not like other loan companies who can't be bothered good on you cigno loans keep up the good work Sharon Anderson Show details
Negative reviews
Unauthorised payments after paying off loan, lousy company – My second review. After more failed attempts of contact. Cigno Loans is still taking unauthorised amounts of money from my account after having payed off the loan amount. The loan was paid off more than 2 years ago, now being charged an absurd amount of money each fortnight with no answer as to why, failed contact attempts to resolve it and… Read more
putting me and my child out of pocket as a single parent.
I am unsure why no one answers phone calls or emails at their company, it’s beyond me and absolutely ridiculous. I don’t understand how a company can continue to charge someone after the loan is already paid off, with proof of payments and contact attempts.
10000% AVOID CIGNO LOANS!!!!!!
Paid off loan then go a email saying I owe $1400 – I paid my loan off as normal, three years later I get a email saying I owe $1400 send them statements proving I had paid it. Ignore what I have to say with a reply saying there have been 0 payment made on this account. Absolute disgusting legal scammers
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Cigno Loans AT It Again – Cigno loans is lending again. Last time i checked they ceased loans. Once again illegal activity. And the debt i have never heard from them again not even a debt collector.
Recent reviews
Worst loan company ever – After my loan was paid out, they continued to send me emails stating that I was still owing money. I emailed back every time and they ignore all emails and all phone calls. You don’t hear back for months and then they send more emails stating that you owe money still. This company needs to be taken down and burnt to the ground, they are an absolute joke. WORST LOAN COMPANY EVER Show details
Do not borrow from these guys – Constant over charging and the rates they use are illegal in Australia as you can not charge over 50% of total value to be paid back absolute scum bags Show details
Disgusting company and incompetence – Borrowed $250.00 from them back in 2022 had surgery to put my account on hold and now I owe them $1500 wow bunch of grubs . Didn’t hear from them over a year and now getting emails left right centre can’t ring them and email them thousands of times never get back to me they need to be burned down Show details
0 stars unauthorised transaction – Last I had a email from Cigno was middle 2022. Out of the blue before Christmas 1 year later a unauthorised debit. Check your accounts
Biggest scam in history avoid – Biggest scam in history of loan companies. Took a 250 loan they been charging me 30 a week for nearly a year , criminals need to be shut down
BEWARE oF borrowing money from private lenders! – My Advice do not borrow money from these private lenders.. - hidden bad intention..toward vulnerable people..borrowed 250$ n paid but keep stealing money from my account every 2 weeks..
[Content Removed]! – Took a loan for $250 I end up owing them $ nearly $1,500. And Im still paying. I wonder how can I make a complaint. Disgusting! Its hard to contact them, No one is willing to help when I want to talk to someone! Never Ever! again! Cigno Loans Rip Off! They dont deserve any rating! Show details
HORRIBLE / SCAM - 0 stars – took a loan for $250 now needed up paying $1500!!!! Disgusting - googled and ASIC & the courts have charged them Wish I never heard of them - DO NOT TAKE OUT A LOAN - heaps of other great loan options
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If I could give no stars, I would. Awful communication, Doesn't help customers no matter if they're returning or new – I had a $250 loan in January, changed my bank accounts and have made them aware of this, the site for whatever reason won't accept my new bank details, I've left several voice mails, unanswered emails and calls, and the payments continue to bounce and what was supposed to be a $250 loan has left me in over $1000 in arrears because they refuse to help, or even answer their emails or phones, NEVER USE THEM FOR A LOAN Show details
Rip offs disgusting practice – Do not get a loan from this company no matter how hard things are for you this company is the biggest rip off merchants there are and u will be left in far more financial distress going through them Show details
No communication and not a happy customer – Been trying to log onto cigno Portal since yesterday with no luck can't ring them or email because you never get a reply they have left me as a customer with no way of having access to my account to change my details or payment s this is very unprofessional this Weill be my second and very last loan with this company becuse locking us out of the portal and not allowing us to access our account is just so wrong on so many levels just fix it Show details
Serious disinterest – I am currently trying to pay back a loan with cigno loans and they have created a very real problem for me. Problem commenced last week when I found that the portal was down so I contacted cigno loans and was informed that the their system was going through maintenance and provided me with the information to do make a manual payment which would… Read more
have meant paying over $300 with no access to the portal to make the necessary adjustments for a lower payment and when I stated the same complete disinterest and hit with a fee. Then yesterday my bank account was hacked. Spoke to the bank and it appears there was a link to cigno loans and the problem and advised me to cancel the direct debit and close the account however I was let with no money until the bank can do what they need to. I sent a email to cigno loans explaining the situation and this morning cigno loans as expected gave me a oh well response and hit me with another fee. The portal is still down and I am very suspicious now regarding the same that by giving me the information for a manual payment with no access to the portal is a way to force people to pay and when they are unable to for very real reasons you are hit with another fee. Truly unethical practices. I need to escalate this but I am not sure whether to email cigno loans complaints section or go somewhere else.
One final insult to customers – Cigno seems to be dead, and all I can say is if it's ever resurrected - or you think you've found it operating under a new name - stay away! If it wasn't clear just how little respect they had for their customers with the fee gouging they're making sure you know it now by completely ghosting us. I made a mistake of getting a $250 loan from them,… Read more
and like many have ended up having to repay a ridiculous sum as their fees multiplied.
I've endeavored to keep them on a tight leash to stop it growing more, but just as the end's in sight it seems every single aspect of this business has stopped working, except for their ability to keep taking your money.
First they change from a loan provider to an online lotto company overnight, no explanation. Fine, I'd never take another loan with them. But then it becomes impossible to reach them via phone, or to get a response to emails, or their online contact form. Checking out their various social media accounts reveals they haven't responded to anyone in months.
Now their members portal has gone offline, and gone with it is what minimal ability people still had to monitor repayments or make payments themselves to try and escape Cigno.
I wondering if they'll suddenly find it in themselves to communicate if I just make sure there's no money to take from the account linked to my loan?
ignorant business – for them to scam a disabled person $700 for a $200 loan is disgusting and they don't answer calls or e-mails. they have ZERO customer service. Show details
Ghosted – Scam company that charges illegal additional fees and then ignores all emails The way they justify the charges are by saying it is a third party company that is lending you the money which it isnt, their partner is them just with a different name to cover up that they are a scam and have been put on notice. Please everyone dont use them it is not worth the stress! Show details
How 'bad credit' lender Cigno has dodged ASIC's grasp⬅️⬅️⬅️Says it all! – $200 dollar loan ends up being a loan over $659 dollars. I had to get another loan to pay off this! A fee for rescheduling a payment, a fee for changing the amount, a fee for login onto the portal, the fees just go on and on and on. Dodgy big time. I wouldn’t recommend it for short term because they drag it on so you have to pay more fees which range from $15,$25,$65. Stay away it’s not worth it Show details
No wonder they have been sued. Do I get refunded the extra amount I paid?
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Positive outcome. Received a email from cigno loans stating that my loan has been paid in full. I am relieved and grateful.