Sentences with phrase «lower than a traditional bank loan»

Life insurance companies often offer these cash - value loans at interest rates lower than a traditional bank loan.

Not exact matches

Not only were Quicken's interest rates better for Virginia, its loan fees were lower than quotes obtained from more traditional bank - based mortgage lenders.

Personal loans from online banks, such as Capital One personal loans, typically have lower refinancing rates than traditional banks offer because of the lack of overhead costs.

Peer - to - peer lending standards are significantly more lenient than banks», and these loans» interest rates are usually lower than those offered by traditional lenders, but the rates will likely exceed those on high - yield savings accounts, so you stand to make a much higher return with peer - to - peer lending.

«The results indicate that given the same credit risk (i.e., for borrowers with the same expected delinquency rate), consumers would be able to obtain credit at a lower rate through the LendingClub than through traditional credit card loans offered by banks.»

Some people turn to title loans because they have lower credit scores than what is accepted by traditional banks to approve a personal loan.

Credit unions tend to offer lower auto loan rates than traditional banks, largely because they are non-profit and pass their cost savings on to their members.

Lending Club uses technology to operate a credit marketplace at a lower cost than traditional bank loan programs, passing the savings on to borrowers in the form of lower rates and to investors in the form of solid returns.

Typically, with loans from p2p lending web sites such as Lending Club and Prosper.com, the borrower gets a much lower interest rate than they would typically be offered at a traditional bank.