© 2019 MyChoiceLoans.com. All rights reserved. 615 St. George Square Court, Suite 300-27, Winston-Salem, North Carolina 27103.

Dislaimer: MyChoiceLoans.com is not a lender and does not represent lenders as a loan broker or in any other capacity other than as a referral service. Providing your information on this Website does not guarantee approval for a product offering. There is no charge to use the MyChoiceLoans service. MyChoiceLoans may receive compensation from a lender in certain circumstances. MyChoiceLoans does not run your credit and is not acting as a credit services agent for you. Lenders may perform a soft pull of your credit during the rate quote process. Soft credit pulls have no impact to your credit scores or rating. If rate quotes are presented, if you wish to proceed with your loan request, you must select a rate quote and then finalize your loan directly with the lender you have selected. It is at this point that most lenders will perform a hard credit check with one of the three major credit bureaus, Experian, Equifax, Trans Union, under the Fair Credit Reporting Act, in order to evaluate your request promptly and adequately for determining if your information meets final qualification criteria for funding. Any hard credit inquiry will only be performed with your permission. If rates quotes are extended, it is not a guarantee that your loan will become funded. Each participating lender has varying underwriting processes that they utilize to determine whether or not to fund your loan.

For qualified consumers, rates will be no greater than 35.99% APR, with terms from 12 to 72 months and available borrowing amounts of $500 to $40,000. Not all lenders can provide up to $40,000. Not all applicants will qualify for $40,000 or maximum borrowing terms of 72 months. Final rates, terms and fees will be based on your individual credit history and usage, loan amount and loan term and will be underwritten by the potential loan lender NOT MyChoiceLoans. Any questions concerning presented rates, terms and fees should be directed to the potential loan lender. MyChoiceLoans is unable to answer any such questions, as MyChoiceLoans will not have access to your credit report or loan application, and does not participate in the lending process beyond making an initial referral.

A representative example of total loan cost of a personal loan would be: $15,000 loan for a 4 year term at 10.25% interest rate with a 2% origination fee. You would receive $14,450 ($15,000 less the $450 origination fee) and would make 48 monthly payments of approximately $382.24 which equates to an APR of 12.242%. The total cost of the loan would be $18,347.67.