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Posted On February 10, 2021 In Investigation With 32 Views

Faq’s. Eagle is a consumer finance company that is traditional.

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Faq’s. Eagle is a consumer finance company that is traditional.

WHO’S EAGLE LOAN/ EAGLE FINANCE COMPANY (“EAGLE”)?

It might be simpler to begin by saying whom Eagle just isn’t. Our company is perhaps not a cash advance operation, “payday lender” or a “title” lender. Those companies continue being under federal government scrutiny presently and quite often customer boat finance companies like Eagle are wrongly rolled into that exact same category. This really is most likely because we have been both perhaps not banks that are traditional but both nevertheless provide cash. nevertheless, the similarities end there.

the business enterprise model (and rates) of old-fashioned boat finance companies have actually basically maybe not changed in over 130 years. With Eagle, you steer clear of the typical red-tape that banks subject you to definitely so that you can get a small loan.

Our business that is primary is- signature loans to people. Typically, loans are $1,000-$10,000 and paid down in 8-24 months. Individuals utilize Eagle for things as immediate and necessary as having to pay bills, or because discretionary as using a dream getaway. Other examples are: restoring a car, purchasing furniture, house fix, going costs, and rebuilding individual credit.

THAT IS A “TYPICAL” EAGLE CUSTOMER?

Simply speaking, Center America. Almost all of our clients have good investing jobs. Several of our customers have experienced credit bureau dilemmas due to a previous life situation: unforeseen medical cost, work loss, divorce proceedings, sudden earnings decrease, and maybe even simply easy poor planning that is financial. (more…)

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