![]() Whether you would like to start a business, need money for your existing business’s operations or plan to expand your business, a personal loan can quickly get you the money you need. Any small or large project that includes an update to your home, like a new roof or an addition, can be funded through Rocket Loans. From an upcoming surgery to existing, overdue medical bills, a personal loan can help you pay, often for a better rate than you can receive from a hospital payment plan. If you have a lot of debt, like credit card debt, with several companies, you can get it consolidated and make just one monthly payment - usually at a reduced interest rate from what you’re paying. Then, you can select the type of loan you’re interested in. How Do I Work With Rocket Loans?įirst, you’ll need to complete a brief pre-qualification application with your basic information, like name, address, birthdate, Social Security number and income. Rocket Loans also requires that you have at least $24,000 of annual income and a debt-to-income ratio below 40%.Īnyone who meets these specifications and is older than 18, or 19 if you live in Alabama or Nebraska, can qualify. Most borrowers average above 700 and have at least a 2-year credit history. To qualify for an unsecured personal loan through Rocket Loans, you will need to have a credit score of 640 or above. You may be able to receive a small discount if you set up automatic payment. Rocket Loans also has low starting rates and gives you 3 to 5 years to pay back your loan. Regardless, you’ll typically have your funds in your bank account within 2 business days, making Rocket Loans one of the fastest funders of unsecured personal loans. ET, though your personal bank may hold the money until the next day, depending on its policy. You can get same-day funding from Rocket Loans if you complete the loan process by 1 p.m.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |