Sentences with phrase «criteria than a traditional bank»

«Some of the best independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan,» Gallegos points out.

The new independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan.

Today's independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan, yet they may not have the same type of staffing as a traditional lender.

Not exact matches

Because the criteria to qualify at OnDeck is more lenient than at a traditional bank and the funding time is faster, APRs will naturally be higher to reflect this.

Companies such as Kabbage and Funding Circle generally have less stringent eligibility criteria than traditional lending sources such as commercial banks.

Our network of lenders uses different criteria to evaluate loan requests than traditional banks or lenders.

Because the criteria to qualify at OnDeck is more lenient than at a traditional bank and the funding time is faster, APRs will naturally be higher to reflect this.