Low Rate Personal Loans Online
OurMoneyMarket is a marketplace lender that offers borrowers low rate personal loans online. Therefore, if you have a good credit history you will be rewarded with low interest rate finance. If this is you, you may be eligible for an interest rate significantly lower that you’d get at the bank.
So how do you know if you have a good credit history?
Borrowers with a good credit history have typically been active users of credit who make all their payments on time. Further, they typically apply for finance when necessary and not excessively. Credit histories can be damaged by (1) seeking finance from payday lenders; (2) excessive “shopping around” for credit in short space of times; (3) missing payments and defaulting on credit contracts; and (4) frequently changing jobs and residential address.
Check out our blog here to learn five simple ways to improve your credit score.
How else can OurMoneyMarket save you money?
It’s not just with low interest rates that OurMoneyMarket can save you money. Read on to find out more:
- (1) No prepayment fees or early exit fees: With OurMoneyMarket you have the flexibility to make extra repayments or pay out your loan early at no additional cost. This is just one way that OurMoneyMarket promotes and supports borrowers to get out of debt faster. Therefore, you can pay off your loan at any time when you have available funds.
- (2) No monthly account keeping fees: Many lenders charge hidden fees, like $10 monthly account keeping fees. These costs add up over time and are often not considered by borrowers when taking out a loan.
- (3) Debt consolidation: OurMoneyMarket’s committed credit team works with borrowers to refinance existing debts to lower rate and more flexible loan terms. OurMoneyMarket debt consolidation loans save you interest and provide you with a plan to get out of debt.
OurMoneyMarket offers free, no obligation interest rate quotes. So if you’re interested in a low-rate personal loan you have nothing to lose by checking your eligibility! Simply fill out our Quick Rate Quote form here (this won’t impact your credit score!). Besides that, if you’re happy with the loan offer simply proceed to apply with a formal application.