Loans are something you can rely on when you are in a time of need. If you do not have a friend, a trusted neighbour or family member who is willing to lend you finances in your hard time, you can look forward to banks and finance lending companies. One such company that can help you out is Best Egg. So, here we will discuss about Best Egg Loan.
Best Egg Loan Perks
You can reach out to Best Egg Loan if you have a good credit and you must resolve a debt consolidation. So, the following are some of the reasons that makes Best Egg loan a good fit for its borrowers:
- If you are someone who a good credit score and have a smooth credit history for several previous years. The required score is 640 but most borrowers of Best Egg loan have a score of 700 on average with at least seven years of good credit histoy.
- You must have a high income to show that you can pay back the loan with interest on time. So, if you have an annual salary of amount $60,000, you will instantly be approved for the Best Egg loan.
- Best egg practices fast funding; more than half the loans can be funded within a day to you.
- If you are borrowing money without a plan or reason, your request will be held back. So, make sure that for this loan, you have a solid reason.
Best Egg Loan specifications
They can check your soft credit before approving your loan. With that, Best Egg loan has an origination fee when your loan is approved. This fee is 0.99% to 5.99% of your loan. While you can get the loan the next day, the amount of loan you can borrow is between $2,000 to $35,000 because Best Egg specializes in personal loans. With that your APR can be between $5.99% to 29.99% depending on your credentials and credit scores. If you wish to get an APR of 5.99% you have to have a credit score of 700 or above. And your annual income should be $100,000 or more.
If you think you are a potential qualifier of Best Egg loan, head over to your local branch or there website to get help with the process.