Comcast Employee Loans are potentially capable of changing your financial situation for the better.
If you are already intrigued, we offer you to have a look at this article.
When a person require funds, whether to cover his large expenditures or to consolidate your tough debt, one can greatly benefit from such a useful thing as a personal loan.
This type of loan isn’t backed by collateral. It’s repaid in monthly installments for a certain period, normally ranging from 2 to 5 years.
Interest rates on personal loans greatly range depending on the type of lender as well as your creditworthiness.
As a matter of fact, lenders take into account such crucial nuances as the borrower’s debt-to-income ratio, credit report, and credit score.
It’s possible for the borrower to get a personal loan from some major financial institutions, online lenders, and credit unions.
Borrowers with good credit can count on the lowest rates as well as the largest loan amounts. Besides this, they can enjoy more options when choosing a loan.
Employee Loans and Bad Credit
Those folks with bad credit may be struggling to access this popular financial product.
Besides this, they will have to endure a higher rates for personal loans.
By the way, some online lenders are used to dealing with low-credit borrowers. For such clients, they come up with loan rates of 18%-36% APR.
If the borrower has a long credit history of timely payments, steady income and good debt, his chance of getting a long will be much greater.
If the borrower serves with Comcast, then he or she can count on Loans for Comcast Employees, which are one of the best credit options for an average consumer today.
Comcast turns out to be one of the most crucial telecommunications syndicates in the United States.
Being the number one home Internet service provider as well as cable TV company, it boasts a number of unique solutions such as advanced security systems, theme parks, digital and Volp phones, HDTV, etc.
No one doubts in the professionalism and achievements of Comcast.
However, these are not the only things making it well-known in America.
The company is also known for its special and warm attitude toward its employees, the number of which reached 184,000.
The company has told that they are on the verge of creating emergency funds for all their staff members.
Many employees of that company confess that they couldn’t find a better place to work than Comcast.
What especially attracts them is the availability of exclusive loan products such as Comcast Employee Loans.
The personal loans of about $1,000-$2,000 are going to be available to the vast majority of Comcast staff members.
The loans are paid back via payroll deductions.
No Credit Check
They don’t have to undergo a credit check.
With an interest rate of about 24.9%, such loans happen to be more expensive compared to the typical credit card but are drastically more affordable than other types of debt offered to borrowers with little credit history or bad credit.
For instance, in California, payday loans for insurance are provided with 400% annual interest rates.
The given solution should be regarded as a timely solution to the soaring number of employees utilizing payday loans to resolve their instant financial issues.
Get the Money You Need Fast
Representative Example For APR, Loan Cost & Fee :
If you borrowed $1,000 over a 12 month period and the loan had a 3% origination fee ($30), your monthly repayments would be $94.56, with a total payback amount of $1,134.72 which including the 3% fee paid from the loan amount, would have a total cost of $164.72. Representative 29.82% APR. Interest Rate 24%.
SafetyLend.com cannot guarantee any APR since we are not direct lender ourselves.