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.
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.