About our Credit Partners

This website is dedicated to finding the right lender to fit your personal needs. We are an ongoing partner in the pursuit of financial products and services that make your life better. Our unique program matches the needs of our customers with the right lenders for short-term, mid-term, and long-term installment loans. We maintain a database of these different type lenders, and show your profile to the best lenders for your unique situation. You create one simple online profile, and we search our entire network in your behalf.

Not all credit providers operate in all states or accept all types of credit. Not all lenders can provide the advertised loan amount. Some lenders require a credit report to make their credit decision, while others do not, so we ask you to rate your credit. Here is a brief description of our credit rating system based on your FICO score.

Excellent 720+        Good 650 – 719        Average 600 – 649        Poor <600

 

Installment loans

An installment loan is a loan that is repaid over time with a set number of scheduled payments, or installments. The term of loan may be as little as a few months and as long as 30 years. A mortgage, for example, is one type of installment loan.

Each lender is required to provide you, the consumer, with all costs associated to be expressed as an annual percentage rate of interest (APR). This information will include the identity of the creditor, the amount financed, the itemization of amount financed, the finance charge, the annual percentage rate, your payment schedule, and your total number of payments. Your interest rate will vary depending upon which product you accept from which lender -- Currently this range is anywhere from 6% up to 52.8% APR on installment loans ~ but check with your individual lender and what they are offering you, as this fluctuates with market conditions and your credit profile. In addition, the Federal Equal Credit Opportunity Act prohibits creditors from discriminating against applicants on the basis of color, race, religion, sex, marital status, and age.

Typically, installment lenders will be looking for stronger credit customers for their approval process because the interest rates are generally lower and the repayment terms are generally spaced longer out than a typical short term cash loan or a payday loan.

 

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