After spending a lot of time looking for the perfect car or house, it’s normal to want to close the deal quickly. You might have been at it for several weeks or even months, so waiting any longer can be frustrating. But if you haven’t saved up for the full amount or a big down payment, finding the right loan is also essential.
Even though it’s easier to search online, comparing different lenders is still complicated and time-consuming. Thankfully, EVEN Financial has a solution to make this easier. We’ve reviewed EVEN Financial to help you decide if their service can assist you in finding the right loan.
What does EVEN Financial do?
EVEN Financial aims to make finding the perfect lender simpler, so you don’t have to apply to multiple financial institutions yourself. With one easy application, you can get pre-approved qualifications and match up with the best loan offers for your needs. Featuring APRs starting at 4.99%, EVEN Financial can help you find loans ranging from $1,000 to $100,000 with terms from 24 to 84 months. You just need to provide your loan amount, purpose, credit history, personal, and employment details in a free application. You might even receive loan offers in as fast as one business day.
EVEN Financial works with many financial institutions and lenders, such as LendingClub, Ascent, Prosper, and Backed. This wide network helps them connect you with the best lender for your loan needs.
Are they secure?
Sharing personal information like your social security number can be scary. However, EVEN Financial’s process reduces loan inquiries to protect your credit score. They use encryption to keep your personal information safe.
Cost implications
One of the biggest perks of EVEN Financial is that the service is free. There are no fees for loan requests, no membership charges, and no application fees. Of course, once you get a loan, you’ll need to make regular payments.
Comparison with Bankrate
Unlike Bankrate, which gives you a lot of information but leaves you to figure it out, EVEN Financial does most of the work for you. This spares you from the hassle of decoding financial jargon and applying to each lender individually.
Who is it best for?
EVEN Financial is great for anyone needing a personal loan up to $100,000. Your offers will depend on your financial situation and credit score, but EVEN Financial aims to help everyone seeking loan assistance. Regardless of your credit score, it’s a good starting point to find the right lender and the best loan direction for your needs.