Announcing: Partnership with Nerdwallet

by riley May 1, 2017

Credit Fair-E is proud to announce that we have partnered with Nerdwallet to help consumers in search of payday loan alternatives. Nerdwallet is a personal finance website that helps people make and manage financial decisions by comparing various products available from various banks and finance companies.

Payday Loans

Why Do Some Lenders Offer A Guaranteed Approval?

by riley March 8, 2017

Anytime we go to our local bank to apply for an installment loan or personal loan, we always expect some sort of validation or verification process to go along with it. The bank pulls your credit report and likely validates your stated income before making a decision on whether or not to approve your loan request. The terms of your approval also very on the information received in their underwriting process. This is very common and most people don’t seem to expect it when going that route.

Online Installment Loans, Payday Loans

3 Reasons to Consider Direct Lender for Your Next Loan

by riley October 13, 2016

Most of us, in some capacity have gotten a loan from a indirect lender at some point. Perhaps you took out your mortgage with the help of a mortgage broker? Maybe you went online for a personal loan and thought it was just that simple. Then you get a bill from Lender’s Anyonymous and wonder what is going on. A direct lender is someone that uses their own money to lend to you. This means that the company you apply through is making the decision on it’s own and using it’s own capital to fund and service (bill you) your loan the entire time.

Online Installment Loans, Payday Loans

3 Ways To Quickly Payoff Your Payday Loans

by riley September 19, 2016

We all want to get out of debt. Here are a few simple tips to help speed up the process.

We all have had a financial emergency at one time or another. In those moments, we don’t always have a lot of options available. When an unexpected bill or medical expense pops up, we tend to go with what is quick and easy. Loans (like other products) that offer us a great deal of convenience are not typically the cheapest products. They don’t have to be. You have an urgent need and they are willing to lend with often times even if you have bad credit. Don’t lose hope, there are still several ways to better manage your payday loans.

Payday Loans, Saving Money

Movement to Regulate Payday Loans Is Growing

by riley September 9, 2016

Back in June, the CFPB or Consumer Financial Protection Bureau released a series of proposed rules to tackle predatory lending. The primary targets were Payday Lenders and Auto Title Lenders. The goal is to protect consumers from financial products that keep people trapped in a cycle of bad debt. After all, the average payday loan borrower has to rollover or in other words refinance, their loan close to 7 times before successfully paying back the debt. Each time incurring additional fees and cost of the loan.

Payday Loans

“All loans are made by Credit Fair-E, a consumer lender licensed in the Commonwealth of Kentucky and the State of Ohio. All loans are unsecured, fully amortized personal loans. Loan proceeds must be used for personal, family or household purposes but cannot be used for secondary education expenses or to purchase securities. Applications are subject to underwriting and approval and verification of the applicant’s identity. Loan applicants must reside in Kentucky or Ohio, have some credit history, be employed with recurring income, cannot be bankrupt and must be at least 18 years of age. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report. Loan amounts are based on an assessment of your ability to repay and your actual loan amount may vary. For more information, consult our Loan Agreement.”

Privacy Policy          Terms of Service

©2019 Credit Fair-E. All Rights Reserved.