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“Easy and fast!”

written by jenjen47 on 31/10/2014

I got an offer in the mail from Best Egg and it looked too good to be true so started checking reviews and was a little skeptical. I decided to try it since I only wanted $10,000 not the $35,000 that was their max. Within a week, I hadn't heard anything so I called them and they quickly found my info and approved me over the phone in less than 10 minutes. I was given the lowest interest rate of 5.32% for a 3 year loan of $10,000(payments-$301.15 origination fee only $100). They told me I could get a larger amount of money but when I checked into it- the interest went up to 7.62% for a $12,000 loan. It also increased when I looked at a 5 year loan. I know the reviews here blame the bait and switch interest rates but they did do it for me-- my guess is that people are requesting the highest amount which then seems to increase the interest rate. I do have good credit but it sounds like a lot of others on here did too and were still offered a higher interest rate. I just wanted to tell those of you who are skeptical to look into it. It was way easy and it is so difficult, to get even from my local credit union, an uncollateralized loan.