Frequently Asked Questions
There is no collateral required for loan approval through Priority Plus Financial. Avoid the stress of liens against your property.
A pre-approval offer does not guarantee loan approval. Based on the information in your credit report, you have met certain criteria in regards to your creditworthiness for this offer. Offers can be denied due to a change in your credit history, income verification or other changes. After your application is submitted with all necessary documents, we will then be able to determine if you qualify for the loan offer.
Most credit card rates are variable, which means that they change over time and are mostly tied to the economy’s index rate. Everyday there is interest building on your credit card accounts. You may unknowingly be paying much more due to the accumulation usage on a daily basis.
Priority Plus Financial offers low rates with a fixed schedule. There is a clear schedule provided so you know when your debt will be paid off. You don’t have to worry about your rate changing based on the economy’s index rate and it will always remain the same until you satisfy your loan.
Interest rates are determined by your credit score, credit history, income, loan amount and length of loan. Everyone’s credit and financial circumstances vary. Once your application is submitted, we are able to explore what solutions are available for your unique situation.
There are NO additional fees or costs for paying your loan off early. Early repayment will reduce the total interest paid on your loan because you only pay interest on the balance.
You can stop trying to balance your bills with the balances that you can’t seem to pay off. By having one monthly payment with a fixed rate, you are able to simplify your situation and get closer to becoming debt free.
Annual percentage rates (APRs) through Priority Plus Financial range from 5.49% APR (AA) to 29.99% APR for first-time borrowers, with the lowest rates offered to the most creditworthy borrowers. Minimum loan amount is $5,000.00. Maximum loan amount is $100,000.00. Eligibility is not guaranteed, and requires that you meet credit and other conditions.