NORTHBROOK, Ill., April 14, 2016 /PRNewswire/ -- Full Finance, a web-based non-traditional lending solution, has announced today the development of an online system to provide loans that are geared toward credit-challenged and underbanked consumers who cannot obtain financing from traditional lenders. These loan types include title loans and registration loans.
Poised to become the premier bad credit loan solution in the U.S., Full Finance is not a bank, but has the financial capacity of one. Because it deals in private funds, it avoids the provisions that regulate banks and does not perform credit history checks - a protracted process that often leads to the rejection of many applicants with substandard credit histories.
One of Full Finance's primary offerings are vehicle title loans. These loan types are secured with the vehicle title and the amount is determined by the vehicle's Kelley Blue Book calculated instantly through the Full Finance algorithms. Registration loans are like vehicle title loans, the key difference being that the car need not be fully paid off for individuals to qualify.
"Simplicity and ease characterize the Full Finance process," said Full Finance Public Relations Director Allen Wright. "Because credit history checks are never performed, the paperwork is limited - a major boon for individuals who require funding quickly and who have substandard credit scores."
The Full Finance online system is transparent and streamlined. The prospective borrower simply needs to enter their contact information and vehicle specs via the Full Finance website. Within minutes, a free quote on how much money they can borrow using their car title as collateral. There is no cost to apply. Additionally, the borrower receives a free no-obligation consultation with a Full Finance representative by phone.
After finalizing the loan clients can quickly gain access to their funds at one of Full Finance's many branches throughout the U.S.
"Clients do not need to agree to any terms until they are completely satisfied," Wright added. "We are committed to our clients' financial well-being," he said.
For more information or to apply for a loan, visit FullFinance.com.
Full Finance is an Internet-based alternative lending solution that offers title loans and registration loans for consumers with substandard credit.
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SOURCE Full Finance