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What is a Lendmark loan?

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Quick Answer

Lendmark Financial Services is a finance company that offers personal loans, auto loans and sales finance services for retail merchants, according to its website. The firm provides custom loan solutions to fit the individual needs of customers.

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Full Answer

Established in 1996, Lendmark Financial Services caters to people with lending needs, especially those who cannot obtain loans from traditional banks, states the company. As of 2015, the firm has more than 130 branches in 11 states.

Lendmark aims to make the process of borrowing fast and affordable by helping customers choose appropriate rates, terms and payments that fit their budget, as explains on the company website. Trained personnel review the financial capability of applicants and provide competitive rate options. Customers can visit local branches to access personal service in person.

Personal Lendmark loans can help people who need additional funds for car or home repairs, large purchases, unexpected expenses, monthly bills or medical care, according to Lendmark. Those who need money for expenses related to travel, school or holidays may also opt for personal loans. Individuals who want to decrease their monthly expenses are likely to benefit from obtaining a debt consolidation loan. Lendmark helps customer with high-interest debts to consolidate and pay off their debts. The company also offers auto loans for customers who want to finance a car or refinance a current loan.

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