Peach Capital Funding
Personal Loan Consultant
A personal loan is a short term loan, usually between two and five years. The length of time is fixed and unlike a line of credit. Most personal loan amounts are between $5,000 and $100,000 with Peach Capital Funding and our ability to get you funding.
Personal Loan (Reason Why)
Personal loans are not a solution for all funding situations, a situation where Peach Capital does recommend getting a loan is if you have credit card debt with high interest rates or need funding fast to fund a new business venture. If you qualify for a personal loan with a lower interest rate, you can pay off your debt faster and spend less on interest over time.
Requirements for a personal loan:
- Minimum credit score: Most lenders require that you have at least fair or good credit when applying for a loan.
- Clean credit history: Lenders do not like to see late payments or collections. If you have one or more of these on your credit report, you will not be approved for a personal loan with most lenders. Peach Capital Funding is here to help you with this and we can help you clean up your credit if need be as well.
- Employment: A lender needs to know that if it lends you money, you’ll have the means to repay it over time.
Apply For a Personal Loan
How Much Can You Can Afford to Pay
Go over your budget to understand how much you can afford paying each month with taking out a personal loan. Getting an idea of this number before you look at a loan will help you choose the best lender for you.
Choosing a Personal Loan Company
Each lender has different loan terms and conditions based on your credit worthiness, it is very important to figure out what you are looking for before you start comparing lenders. This is why having Peach Capital Funding by your side is key and why we are your best choice for personal Loan Consultant in Orange County.
A loan comes with a fixed or variable interest rate. A variable rate changes over the life of the loan, depending on the market. A fixed rate will stay the same through the life of the loan. Variable rates are often lower than fixed rates but come with the terms that you might end up paying a higher interest rate if rates change while you’re repaying the loan. Most borrowers do not want the unknown of a variable-rate loan and prefer to stick with a fixed-rate loan over time as you will not have to stress about a hike in your monthly payment when paying back your loan.
All lenders have their own time frame for how quickly you will receive your loan and funds from a loan. Typically loan funds are provided in no more than 5-7 business days after you have been approved for your loan.
Peach Capital is here for you and we want you to feel comfortable when applying for a loan, this is why we make our application process as easy as possible by simply answering a few questions on our website. Find out now what you can qualify for and how we can help you get approved for your loan this month.