Who qualifies?Our lenders are looking for borrower with a credit score of 700 or higher for non-home owners, but can go as low as 640 for home owners. Repayment terms are range from 3 years to 7 years.
What are the terms?The terms vary depending on the borrower's credit and income levels. The interest rates range from 4.99% to 12.99%. There may also be a loan origination fee of a couple hundred dollars.
Is a deposit required?Yes. There is a $500 minimum deposit with these loans. It can be charged to a credit card.
What is the monthly payment?The monthly payment will vary depending on your credit score, loan amount, and length of the loan. A typical payment can range from $200 - $500 per month.
How long does it take?The process usually takes 5-7 business days. Once you submit your application we will process it and you will receive a call from the finance specialist. Like buying a car, the finance specialist will verify your income and discuss the different loan options available to you.