Rocket Loans: Your Fast Track to Personal Financing

Get to know Rocket Loans personal loans in detail and see why this option can change your financial life overnight.

Rocket Loans personal loans can be a wonderful option for those who need quick and easy money.

This is because, through a simplified platform, it allows its customers to access, check their individualized terms and conditions, and request money with ease.

But before anything else, do you know what a personal loan is?

Knowing personal loans

A personal loan is a way to get money when there is a need.

This need can be very variable. It can be a trip, unexpected expense, debt consolidation, paying for a more expensive purchase, among others.

The funds do not need to be used for just one purpose, and you choose how to spend them.

In addition, the creditor’s payment for financing your need will be a small interest rate that is usually fixed.

This interest rate can be determined by various factors, among them, your credit score, credit history, desired amount, desired payment time, among others.

The installments are also fixed and are usually defined even before closing the agreement, so that you are not caught off guard with high installments.

With an understanding of what a personal loan is and how it works, you can now learn about the main advantages of Rocket Loans company.

Main advantages of Rocket Loans personal loans

Behind a renowned company, there are always numerous advantages to make your consumer experience even more pleasant. The main advantages and differentiating points are:

• The speed of fund release is an impressive factor, being one of the fastest release times. On the same day of approval, you can receive the money! But this period may vary depending on the day of the request and the time, in addition to your conditions with the bank.
• The payment term is also generous, ranging from 36 to 60 months to help both those who want to repay more quickly and be debt-free and those who need a slightly longer period.
• Interest rates are low and competitive, ranging from 9.1165% APR to 29.99% APR, with an autopay discount. Thus, your installments can be low and accessible so that you can pay for your loan without financially squeezing.
• You can request between $2,000 and $45,000, to use as you see fit, whether to consolidate debts or for indulgence and personal dreams.

With Rocket Personal Loans, you have the chance to regain control of your financial life.

Through a secure and simplified platform, in a matter of minutes, you can request and obtain the necessary amount.

See this example:

A $16,000 loan, with a term of 5 years, and an interest rate of 14.55%, plus an origination fee of 6.95% (equivalent to $1,112), would result in 59 scheduled monthly payments, each approximately $376.83. The last monthly payment would be about $399.09. The effective annual interest rate (APR) for this loan would be 17.90%.

But you might be wondering…

Is Rocket Loans reliable?

Rocket Loans is a reliable choice when it comes to personal loans, and this is not just an empty statement.

Based in Detroit, Rocket Loans was established with a clear goal: to simplify the personal loan process as fast as a rocket.

They have assembled a top-notch team, composed of passionate newcomers and experienced veterans from Rocket Mortgage, one of the industry’s leading companies.

Their quest for excellence does not stop there. Rocket Loans is committed to continuously improving its platform.

They want to offer their customers an experience that is truly the best in its class.

Rocket Loans’ organizational culture reflects this commitment to quality and innovation.

If customers want to better understand what motivates them and how they work, they are invited to explore their ISMS.

There, they will find the values and principles that drive every decision the company makes.

Their commitment to excellence, combined with their innovative approach, makes them a reliable choice for personal loan needs.

Written by

Victória Lima

Victória Lima is a financial writer and researcher. With a background in finance, Victória distills complex financial topics into accessible insights. Through her writing, she aims to equip readers with the tools they need to make informed financial decisions and achieve their goals.