After devoting a great deal of time to finding the ideal car or house, it’s understandable that you’d want to complete the purchase promptly. Often, this journey may have taken several weeks or months; understandably, waiting any longer is not the most enticing idea. However, unless you’ve been able to save enough for the entire payment or a significant down payment, finding the perfect loan is also crucial.
Sadly, even with the ease of online exploration, the task of seeking and comparing various lenders is neither simple nor time-efficient. Fortunately, EVEN Financial has developed a solution to this issue, simplifying the process of finding the right loan. Like any financial tool, you might wonder if their services are right for you – we’ve done the heavy lifting for you. Here, take a look at our review of EVEN Financial to help you determine if it is the suitable tool to assist you in your loan quest.
What does EVEN Financial do?
At the heart of EVEN Financial’s services is the goal of simplifying your quest for the perfect lender, effectively sparing you the stress of submitting multiple applications to a range of different financial organizations. With a single, straightforward application, you can get pre-approved qualifications, aiding you in matching with the best loan offers available for your needs.
Offering APRs beginning at 4.99%, EVEN Financial can assist you to uncover loans ranging from $1,000 to $100,000, with terms spanning 24-84 months. All you have to do is submit a free application that requires your loan amount details, purpose, credit history, and personal and employment information. Even Financial guarantees quick offers from top providers, with the possibility of receiving the loan as quickly as one business day after application.
EVEN Financial partners with a multitude of financial institutions and lenders, like LendingClub, Ascent, Prosper, and Backed, amongst others. This partnership helps them to connect you effectively with the optimal lender for your loan needs.
Are they secure?
The thought of sharing your personal details, especially sensitive ones like your social security number, can be unnerving. However, EVEN Financial’s application process minimizes loan inquiries to avoid affecting your credit score. Their use of encryption ensures your personal information is safe and secure.
Cost implications
EVEN Financial’s key advantage is its cost-free nature. There are no associated fees for making a loan request, no membership fee, application fee, or service fee. Of course, once you secure a loan, you will have to keep up with monthly payments.
Comparison with Bankrate
Unlike Bankrate (a site that provides a plethora of information but requires you to do all the work), EVEN Financial does most of the work for you in finding the right loan, thus saving you from the overwhelming experience of deciphering financial jargon and applying to each lender individually.
Who is it best for?
EVEN Financial comes in handy for anyone in need of a personal loan of up to $100,000. The offers you get are dependent on your financial situation and credit score, but EVEN Financial is designed to offer everyone seeking loan assistance a helping hand. Regardless of your credit score, EVEN Financial’s free service stands as a great place to start when in need of a personal loan. It can help you find the right lender and the right direction to go.
