Q:

How do you secure a loan from Rescue One Financial?

A:

Quick Answer

As of 2015, a customer secures a consumer loan with Rescue One Financial by completing an application. Once the company makes a credit decision, an approved customer receives funds via check or direct deposit within one to four business days, according to Rescue One Financial's website.

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Full Answer

Personal loans from Rescue One are unsecured loans; there is no collateral requirement. The loans also have a fixed rate with no early payoff penalties. As a result, the consumers can use the loans for a variety of purposes, including debt consolidation and car financing, reports the company's website.

In addition to consumer and business loans, Rescue One Financial specializes in debt resolution and settlement programs; however, the company is not a credit repair service and does not claim to improve a consumer's credit score. Rescue One recommends that a person looking for a debt settlement program seek the advice of an attorney specializing in bankruptcy, according to the company's website.

Rescue One's debt settlement program is only for customers experiencing a financial hardship, such as a medical emergency, job loss or the death of the household's primary breadwinner. If a customer is able to pay off his debts, he is ineligible for the debt settlement program, notes the company's website.

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