WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Finova Financial, the industry’s first cloud and mobile-based consumer lending platform transforming the title lending industry, announced it has partnered with top consumer purchasing and advocacy platform ConsumerAffairs.
“We are proud to include Finova Financial among our accredited brands at ConsumerAffairs,” said ConsumerAffairs CEO Zac Carman. “Their participation in our accreditation program reflects a growing focus among brands to build customer-focused and trusted business practices.”
With a current star rating of 4.58 out of 5 stars, Finova’s unique Car Equity Line of Credit (C-LOC) costs up to 50% less than the current national average, provides instant online pre-qualification, a 12-month payback plan, a generous 10-day grace period, and reporting to major credit bureaus to help borrowers build better credit.
“ConsumerAffairs’ accreditation program is a good fit with Finova’s model of helping consumers by offering lower-cost alternatives to emergency loans,” said CEO Gregory Keough. “We’re excited to work with ConsumerAffairs to showcase the benefits of working with Finova.”
Stories shared by customers show Finova’s commitment to offering a convenient and helpful lending experience. Customer Yvette explains, “The application process wasn't that long and I got the money the same day and had a payment plan set up. Everything went well and I was happy with it.”
C-LOC is the first in a series of digital financial services products Finova is planning to bring to the 30% of Americans outside the formal financial system.
To learn more visit Finova Financial’s company profile on ConsumerAffairs today.
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About Finova Financial
Finova Financial is transforming the FinTech industry as a socially responsible online lender, providing fast, affordable loans based on the equity in your car. Founded in 2015 by a team of financial services, technology and payment experts, Finova delivers a path to financial well-being and fair lending for the 70 million financially underserved Americans that spend $138 billion in fees and interest annually on alternative financial products. Finova’s Car Equity Line of Credit (C-LOC) costs up to 70% less than the current national average, provides around-the-clock access to capital, and a 12-month payback plan. Finova Financial backers include Silicon Valley investors MHS Capital, Refactor Capital, CoVenture, Metamorphic Ventures, and 500 StartUps; Al Hamra Group, a private company owned by United Arab Emirates’ ruling family, Ras Al Khaimah; and others. For more information: www.finovafinancial.com