Fresh Start Loans
The Qualifications & The Process
Basic Qualifications:
*Minimum 650 Credit Score.
*Minimum of 3 established credit lines(one auto or mortgage)
*No more than 6 inquiries in the last year
*No more than 50% credit usage
*No late payments within the last 2 years
*Bankruptcy must be 2 years old
*No new credit less than 6 months old
*Have not applied for new Credit in the last 6 months
*W2 hourly/salary employee with min $30,000 annual income. This also includes 1099, 1099R, and self-employed.
The Process:
- We will review your credit file and provide a quote within 24-48 hours
- After you show interest in the 100% Financing Plus program
- You will go through the approval process
- Upon approval, cash is deposited into your personal account within 1-3 days
- Customer makes payments to the lender(s)