See How Progressa Compares
Not all loans are created equal. When you are choosing an alternative lender like Progressa, it is important to know what you are paying for.
Here is how we stack up to our competitors
| Progressa | Other Lenders | |
|---|---|---|
| Fully pay off your overdue collection item(s) | ||
| Arrange a loan with predictable & flexible payments | For a fee | |
| Verify your balance letter with the collection agency | For a fee | |
| Work with the collection agency to find a settlement (if applicable) | For a fee | |
| Immediately report your debt payment to the credit bureaus | For a fee | |
| Report successful loan payments to the credit bureaus to help rebuild your credit | For a fee | |
| Provide credit education to help you better manage your debt | Free, even without a loan | For a fee |
And here is how those fees from other lenders can add up
$5,000 loan for 36 months
Extra fees of as much as $62 per payment and $2,240 over the life of the loan
$10,000 loan for 42 months
Extra fees of as much as $129 per payment and $5,430 over the life of the loan
$15,000 loan for 60 months
Extra fees of as much as $212 per payment and $12,770 over the life of the loan
These are illustrative examples representing estimated costs that other lenders may charge for services listed above. Actual costs and fees vary by lender and individual circumstances. Always review your loan agreement carefully.
If you need help comparing lenders and their fees or want to learn more about Progressa, give us a call and we will walk you through it.