April 19, 2011
At Sumiti Cheap Lending Home®, we’ve got your back. When it comes to making an informed decision about choosing a lender, we’ll give it to you straight. We offer extremely low and incredibly competitive interest rates on our loans and want to show you just what you can expect from us versus other online lenders.
To demonstrate the difference between us and our competitors, we’ve prepared not just a loan rate comparison, but an overall loan price comparison as well.
From us, you can expect that for a $5,000 loan, we can give you a loan rate as low as 18.99% over a loan term of 36 months. This means that the overall loan price would end up being $6,598. Let us show you why this is a steal when put into context with our competitors.
As our example, we’ve prepared loan rate comparisons between ourselves and two other online lending companies - Cash Call and Quick Click Loans. You may be very surprised by the facts of the loan price comparison - high interest rates add up to grotesque amounts of money compared to what you originally borrowed.
That’s right. If you’re not careful about from whom you borrow and do not do a loan price comparison, borrowing $5,000 could end up costing you over $41,000. As you can see, our competitors don’t stand a chance when put into context.
We at Sumiti Cheap Lending Home® really are here to give you an affordable loan at a great rate to help you through when your own reserves just aren’t enough. We are excited to be able to offer you up to $5,000 in buying power when those tough times come and are proud of our competitively low interest rates.
Please note that our loan rates do fluctuate based on credit worthiness. Be assured, though, that even in the worst case scenario for ULCL’s $5,000 loan you will never receive an interest rate higher than 41.99%. This is still a steal compared to what you’d end up paying other online lending companies.
We invite and encourage you to pay attention to our online competitors. When you have done a loan rate comparison to your satisfaction, we also invite you to take a look at our Testimonials and other Loan Services. We think you’ll find that we not only offer affordable options, but that we are glad to do whatever we can to help you meet your goals with honesty and good intent. Contact us today or apply online and let us put our expertise to work for you!