Credit Wizard

Poor credit and bad credit do not prevent loan approval. These traits merely slip into the gray area of cost - higher interest and fees. Because applicants with prior credit problems have fewer opportunities than average applications, many lenders attempt to exploit an advantage. Misinformation abounds. Predatory lending is common. The credit wizard is designed to separate the wheat from the chaff. The credit wizard spots good-faith lenders offering legitimate loans to ordinary people who may have experienced prior financial problems.

Using the credit wizard to qualify

The process is easy to follow. The credit wizard assists users in organizing the most relevant information and application requirements for online applications. Then, the credit wizard matches traits and suggests lenders seeking particular loan profiles. The credit wizard will save you time and money by identifying your best prospects for fast and easy qualification in poor credit situations.

Are interest rates higher?

The simple answer: yes. The national market for loan customers incorporates higher lender risk when approving loans in workout situations. The credit wizard lists lenders by rate charged and ease of approval. Expect higher rates, but also understand that for any given application, quotes for rates also vary widely. The credit wizard qualifies rates in any given situation based on market costs and availability.