CreditCardAssist presents Credit Unions Provide Credit Card Alternative for Consumers Credit Card Assist Blog posted at Credit Card Assist, saying, «With the credit crisis lingering, credit unions have recently stepped into the spotlight by providing an alternative to
traditional credit card lending that consumers are desperately in need of.»
Not exact matches
This
lending platform basically matches borrowers and lenders such that borrowers get their loans funded at usually much cheaper rates (vs
traditional lenders such as banks and
credit card companies) while lenders (also called investors) earn a rate of return on the money they
lend with the potential to beat investment returns from other avenues.
The Vantage
credit score that Quizzle provides is used by thousands of
lending institutions and
credit card companies to evaluate your
credit, but it is not a
traditional «FICO» score.
However, borrowers with above average
credit or excellent
credit will probably get better interest rates through
traditional lending options such as personal bank loans, lines of
credit, and
credit card loans.
Lending Club brings people together to borrow and
lend money outside of the
traditional lending institutions like banks and
credit card issuers.
While you can always invest using a more
traditional investment platform or borrow money through a bank or
credit card, there are only a few other options in the peer - to - peer
lending world.