Is Point legit?

• Track record: the CFPB reported 10,000 contracts originated by Point in 2023 (CFPB, January 2025).
• Where it operates: 32 states, from Point's own list.
• Published terms: Point publishes enough of its pricing for us to model its cost: 14.3% a year in our standard example. Every term and its source.
• CFPB complaints: 55 filed against "Point Digital Finance, Inc." (30 since 2025). The most common issue: applying for a mortgage or refinancing an existing mortgage. It answered 55 of 55 on time. Details.
• Lawsuits and enforcement: none found in our review of primary sources.

1. Look up the company's license in NMLS Consumer Access and with your state's financial regulator.
2. Read its CFPB complaints and our regulatory tracker.
3. See whether you'd qualify on Point's requirements.
4. Put the offer through the Point calculator and compare it with the alternatives.

Is Point legit?

Point is a real, established company: the CFPB counts it among the larger providers. Legit isn't the same as a good deal, though: an HEI usually costs more than a HELOC if you can get one.

Is Point a scam?

Nothing in the public record we reviewed suggests a scam: Point is a real provider with published terms. The more useful question is cost: in our standard example it costs 14.3% a year, and more if you sell early or your home grows fast.

Has Point been sued?

We found no lawsuit or enforcement action involving Point in our review of primary sources.

What do customers complain about with Point?

The most common issue in its 55 CFPB complaints is applying for a mortgage or refinancing an existing mortgage.