THAT IS EAGLE LOAN/ EAGLE FINANCE COMPANY (вЂњEAGLEвЂќ)?
It might be better to start with saying whom Eagle just isn’t. Our company is maybe not really a cash loan operation, вЂњpayday lenderвЂќ or a вЂњtitleвЂќ loan provider. Those organizations carry on being under government scrutiny presently and quite often customer boat finance companies like Eagle are improperly rolled into that category that is same. This might be most most most likely because we have been both perhaps maybe not banks that are traditional but both still provide cash. Nonetheless, the similarities end there.
Eagle is a consumer finance company that is traditional. Business model (and prices) of conventional boat finance companies have actually basically perhaps maybe not changed in over 130 years. With Eagle, you steer clear of the typical red-tape that banking institutions subject you to definitely so that you can get a small loan.
Our business that is primary is- signature loans to people. Typically, loans are $1,000-$10,000 and repaid in 8-24 months. Individuals utilize Eagle for things as immediate and necessary as spending bills, or because discretionary as using a fantasy getaway. Various other examples are: fixing a car, purchasing furniture, house fix, moving costs, and rebuilding individual credit.
WHO’S A вЂњTYPICALвЂќ EAGLE CUSTOMER?
In a nutshell, Center America. Almost all of our clients have good investing jobs. A number of our customers have experienced credit bureau problems as a result of a previous life situation: unforeseen medical cost, work loss, divorce proceedings, unexpected earnings decrease, and maybe even simply easy bad monetary preparation.