Marcus-by-Goldman-Sachs When it comes to balancing rates, loan limits, terms and conditions, Marcus by Goldman Sachs stands above all competitors in personal lending. Benefits Wide variety of repayment term options Lower interest rates than most lenders No charges Possibility of deferring a payment The inconvenients Funding can take five days Maximum loan term of six […]
Monthly Archives: March 2021
Nebraska lawmakers sparred on Tuesday over a proposal that would allow installment lenders to raise their interest rates to 29% a year. Omaha Sen. Brett Lindstrom, who introduced LB510, touted the measure as a way to make capital more accessible to Nebraskas with less than perfect credit. He said these people have limited places to […]
But Senator Justin Wayne of Omaha argued that the proposal would allow installment lenders to prey on people without good credit records. He pointed out that no consumer had come to ask for the change. The only witness in support of the bill was OneMain Financial, a company offering installment loans. Other critics include Senator […]