It might be simpler to begin by saying whom Eagle just isn’t. Our company is maybe maybe not really a cash loan operation, вЂњpayday lenderвЂќ or a вЂњtitleвЂќ loan provider. Those companies keep on being under federal federal government scrutiny presently and often customer boat finance companies like Eagle are improperly rolled into that category that is same. This might be most likely because we’re both perhaps perhaps not banks that are traditional but both nevertheless provide cash. But, the similarities end there.
Eagle is just a consumer finance company that is traditional. The company model (and prices) of conventional boat finance companies have actually basically perhaps not changed in over 130 years. With Eagle, you steer clear of the typical red-tape that banking institutions subject you to definitely in order to get yourself a loan that is small.
Our business that is primary is- unsecured loans to people. Typically, loans are $1,000-$10,000 and reduced in 8-24 months. Individuals utilize Eagle for things as immediate and necessary as having to pay bills, or since discretionary as having a fantasy getaway. Several other examples are: restoring a car, purchasing furniture, house repair, going costs, and rebuilding credit that is personal.
THAT IS A вЂњTYPICALвЂќ EAGLE CUSTOMER?
Simply speaking, Center America. The majority of our customers have good investing jobs. A number of our customers have experienced credit bureau problems as a result of a past life situation: unforeseen medical cost, work loss, divorce or separation, unexpected earnings decrease, and maybe even simply easy bad monetary preparation. Him or her may possibly not be in a position to borrow money at a old-fashioned bank or bank card business.
Some other clients just just like the convenience and ease of accomplishing company with Eagle. As a result, many of our current clients are repeat clients and make use of Eagle into the same fashion numerous People in america responsibly utilize bank cards today. (više…)