They are far superior to their online counterparts. This is an expensive loan; of course, but the customer service is excellent and the reps are extremely professional, yet pleasant and personable.
Review the website and you'll agree there aren't hidden fees. The reps are "very up front" and knowledgeable. Totally satisfied with my experience so far.
If so, you should ask them about their mortgage options. Credit unions often have less strict criteria for their members. As a general rule, the larger banks (Wells Fargo, BOA, etc. ) typically have stricter requirements than community banks or stateregional lenders. So cast your net far and wide. Disclaimer: This article answers the question, Are there any lenders that dont require cash reserves. Bear in mind that mortgage lending can be a highly individualized process.
The APR on a short term loan can range from 200 to 2,290 depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind personal loans for firefighters the APR range is not your finance charge and your finance charge will be disclosed later on.
See a Representative Example. Borrow 200 for 14 days with a 30 to 60 lender fee. Your estimated APR is 391 to 782 Calculation: (lender fee loan amount) x (amount of days in a year duration of the loan) x 100 Low End of Range: (30 200) (365 days 14 days) x 100 391.