Our online application is fast, secure, and easy.
We ensure a speedy process.
Receive your cash as soon as the next business day.
When it comes to taking out a loan, choosing the right lender makes all the difference. With so many options available, it can be difficult to determine which lenders are trustworthy and offer the best terms. Two popular lenders that may come to mind include Cash Call and Quicken Loans. In this article, we’ll examine the pros and cons of each lender to help you determine which one is the best fit for you.
Cash Call is a lender that specializes in personal loans. They offer loans ranging from $2,600 to $10,600 with repayment terms ranging from 47 to 84 months. Cash Call’s loans are unsecured, meaning they don’t require collateral. This can be a huge plus for borrowers who don’t have assets to put up as collateral.
Cash Call holds an A+ rating from the Better Business Bureau and has been in business for almost two decades. They’re known for their transparent process and quick approval times. In fact, you can often receive funds in as little as one business day.
However, it’s important to note that Cash Call’s interest rates can be on the high side. While interest rates vary depending on your credit history and income, you could be looking at APRs of up to 149%. This is significantly higher than the average personal loan APR of around 9.5%.
Quicken Loans is a well-known lender that offers a wide range of loan products, including mortgages, personal loans, and auto loans. They hold an A+ rating from the Better Business Bureau and are known for their excellent customer service.
One of the biggest advantages of working with Quicken Loans is their LoanDepot technology, which makes the loan application process fast and simple. You can apply for a loan and receive approval in as little as 10 minutes. Additionally, Quicken Loans offers a variety of loan terms and repayment options, making it easy to find a loan that fits your needs.
Another big advantage of Quicken Loans is their interest rates. Unlike Cash Call, Quicken Loans offers lower interest rates and APRs, making them a great choice for borrowers who want to save money on their loan. Additionally, Quicken Loans offers a variety of discounts and promotions, such as their Rocket Mortgage program, which offers cash back to borrowers who apply and close their loan online.
Ultimately, whether Cash Call or Quicken Loans is the right choice for you will depend on your specific needs and financial situation. If you need a loan quickly and don’t have collateral to put up, Cash Call may be the better choice, as they offer quick approval times and unsecured loans. However, if you’re looking for lower interest rates and more favorable loan terms, Quicken Loans may be the better choice.
When comparing lenders, it’s important to consider factors like interest rates, loan terms, and the lender’s reputation. Additionally, make sure you read the fine print and understand all the terms and fees associated with the loan before agreeing to anything.
When it comes to choosing a lender, there are many options available. Cash Call and Quicken Loans are both popular lenders that offer a variety of loan products. Ultimately, the lender you choose will depend on your specific needs and financial situation. Take the time to compare lenders and read reviews to find the best fit for you.