Articles About Cash And Money |
Stop Parking Domain Names Develop Your Domain Names |
|||||||
FirstAgain Introduces Nation's First Completely Paperless Consumer Loan Experience: Merrill Lynch Provides Funding for New Venture
San Diego, Calif. (PRWEB) July 11, 2007 -- FirstAgain LLC (www.firstagain.com), a new venture from the founders of PeopleFirst.com, today introduced its AnythingLoan, the country's first paperless consumer loan. The company's innovative product is an unsecured loan that can be used for any purpose including home improvements, vehicle purchases, medical or educational expenses, timeshares and loan refinancings. The product is tailored to the needs of consumers with excellent credit, a market the company estimates to be one trillion dollars in size.
"A completely digital loan has been the holy grail of consumer lending for several years now," said Gary J. Miller, FirstAgain's co-founder and CEO. "While important, it's just one of the many critical components we have developed, enabling us to reinvent the loan experience for individuals with excellent credit. These people deserve better products, rates, and service than what has been available prior to today."
Almost two years in development, FirstAgain's proprietary technology platform and loan processing system allow a completely virtual loan experience, from application processing to document signing to loan funding and servicing. "Our customers can apply, receive a loan from us, and pay it off over several years without ever producing a piece of paper or, for that matter, making a phone call," said Dave Zeller, FirstAgain's co-founder and president. "The product design and 'self service' features incorporated into the automated platform will make us the industry's low-cost provider, allowing us to offer customers highly competitive loan rates."
FirstAgain also announced today that Merrill Lynch, through a wholly-owned affiliate, provided the company with a warehouse lending facility to fund loans to the company's customers. Concurrent with this investment, another Merrill Lynch affiliate provided a financial commitment for FirstAgain's working capital needs.
About FirstAgain LLC
FirstAgain LLC is a financial services company based in San Diego, California. The company's co-founders previously founded PeopleFirst.com, which became the nation's largest online auto lender prior to its sale to Capital One in 2001. Operating nationwide, FirstAgain provides innovative financial products to individuals with excellent credit. The company's initial offering, the AnythingLoan, is an unsecured consumer loan that can be used for any purpose, including home improvements, vehicle purchases, educational and medical expenses, timeshares, and loan refinancing. The loan experience is fast, convenient, and completely paperless, offering highly competitive rates and loan amounts from $10,000 to $100,000. For more information, please visit www.firstagain.com.
# # #
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
Other Article Sites findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info |
MORE ARTICLES: Discover Fast Cash No Credit Check Loans For Your Emergency Cash Needs Payday loans, which are also known as paycheck advances, have become increasingly prevalent in recent years. There are a growing number of men and women who find themselves with so many bills to deal with or an emergency situation that they have to have some source for immediate cash. The mechanics of payday loans are simple. Payday loans are extended by credit companies as cash advances and are paid back by the borrower when the next paycheck is received. Most payday advances have two week terms and are for amounts between $100 to $1500. Recently, federal legislation was enacted to cap the interest rates on these type of loans below 40% APR.
Cash Til Payday Loans - When Is The Best Time To Get A Quick Cash Loan
Payday Cash Loans: Urgent Money till Next Payday
Online Cash Loans: Fast and Easy Cash Loans
First Cash Loan: Cash To Meet Your Financial Emergencies
Quick cash loans- Viable and reliable way to have instant cash
Faxless Payday & Cash Advance Loans - Fast Cash, No Faxing Loans, The Easiest Payday Loan Process
Compare Payday Loan or Cash Advance Lenders Online Before You Borrow
Online Payday Loans Offer Quick or Instant Approval For a Fast Cash Loan
Payday Loans And Cash Advances Are The Oldest And Most Reliable Short Term Cash Solution
Fast Cash Loans - When You Should Borrow and When You Should Wait
Cheap Payday Advance Loan: borrow money through cheap payday advance loan
Quick Cash Loans Online - A Fast Way to Get an Emergency Cash Advance
Cash Advance until Payday-Emergency Cash Loan
Shaking Your Money Tree: Seven Ways to Make Quick Cash
|
|||||||
| Develop Your Domain Names | Site Map | Home | ||||||||