Inside Waddle

How is Waddle different from other online lenders?

Posted by Team Waddle on 24-Jul-2015 16:48:13
How is Waddle different from other online lenders?

Other online lenders are not as different from traditional banks as they would have you think.

Aside from the outrageous fees they charge they also make you conform to fixed repayments of principal and interest as soon as you take the loan, meaning that the rate you're paying is in excess of ROI's above 40% per annum in most cases. It is in the lender's interest to get you to take the biggest fixed term loan you can regardless of what your business actually needs. Adding to this you'll be required to pay off your original loan amount in full before you can re-apply for a new loan.

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Topics: automatic account sync, revolving line of credit, Waddle Plugs

Inside Waddle

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