RESPONSIBLE LENDING

Wise Loan’s Approach


WISE LOANS OFFERS INSTALLMENT LOANS TO COVER URGENT FINANCIAL NEEDS. WE WANT YOU TO HAVE THE KNOW-HOW TO SOAR WISELY THROUGH MONEY CONCERNS.

  1. Provide the Cash Needed
    Wise Loan wants its customers to receive the money they need, when they need it, and have their good payment history earn higher credit limits.
  2. Clear and Understandable Credit Terms
    Getting credit shouldn’t be confusing. Clear and easy-to-understand terms educate our customers on the best ways to borrow money.
  3. Responsiveness to Customers
    Wise service means we give a hoot about our customers. It’s more than answering the phone and processing payments. Every customer has their own loan manager who knows them by name and can help them succeed.
  4. Improve Credit Status
    By reporting payment history, we give our customers the chance to improve their credit status and the ability to receive larger installment loans at lower rates.
  5. Build For the Future
    Every Wise Loan that's paid in full pays you cash rewards that can be used to borrow from your Nest Egg account in the future or to be withdrawn as needed.
IMPORTANT DISCLOSURES

This is an expensive form of credit. Wise Loan by Essential Lending installment loans are designed to meet your borrowing needs. Appropriate emergencies may be a car repair, medical care for you or a family member, or travel expenses in connection with your job.

This service is not intended to provide a solution for all credit needs. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings, or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and insufficient funds/returned item fees may apply as described in your Consumer Credit Agreement Addendum. We will never charge you any “hidden fees” that are not fully disclosed in the Addendum.

If you don’t make a payment on time, we will attempt to contact you via one or more authorized methods. Our collections methods will be in accordance with the guidelines of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one of more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with a third-party collection agency.

MONEY TO MAKE YOUR LIFE WORK AND BUILD A BETTER FUTURE.