|
|
|
|
Consumer Loans are offered to individuals by chartered banks to help such individuals purchase large ticket items, such as furniture, electronics, appliances, etc. Unlike common credit cards which allow consumers to pay only a small portion of principal each month but at consumer's own pace, Consumer Loans have to be repaid accurately according to their repayment schedule. Consumer Loans are usually granted for a term of 1 to 3 years. Typical consumer loans can have a limit of $10,000.00 to $50,000.00 Interest is charged on the balance outstanding and generally is at a much lower rate than that of a common credit card. Consumer loans sometimes are used as consolidation loans - to consolidate some of consumer's high interest credit cards. Sometimes it is possible for individuals and companies to obtain a Consumer Loan on their own. But the process usually takes a long time, lots of paperwork is required and the amounts granted are usually quite small. Within weeks after following our recommendations we can assist you in successfully applying for a Consumer Loan. To
begin improving your credit profile and increasing your borrowing ability right
away please e-mail us to
have an application form forwarded to you
|
|||||||||||||||||