easyfinancial Reviews

Thank you for providing feedback. We understand the concerns regarding the interest rate and aim to maintain transparency by offering various payment methods, allowing customers to pay down their loans more quickly. At easyfinancial, the company is dedicated to supporting customers in improving their financial health. While the interest rates may be higher than those offered by traditional lenders, this is often the case for higher-risk individuals seeking to improve their credit. The annual interest rate is determined based on factors such as the type of loan, debt-to-income ratio, loan amount, credit score, and loan term. The available options for making additional payments are varied and convenient: Online Banking: This method typically takes 3-5 business days for processing. It is an ideal choice for customers who prefer managing their finances digitally and do not require immediate payment processing. E-Transfer: Faster than online banking, e-transfers usually take about 24-48 hours to process. This is a good option for customers seeking a balance between convenience and speed. Bank Draft: For customers who prefer in-person transactions, bringing a bank draft to a branch is a viable option. Although this requires visiting a branch, it provides personal service and immediate confirmation of the transaction. Visa Debit or MasterCard Over the Phone: This is the fastest method, with payments typically being applied to the loan on the same day. It is especially suitable for customers needing to make a prompt payment and preferring to complete transactions over the phone. Understanding these methods and their processing times is important for customers to effectively manage their loan repayments and financial planning. It is important to note that while customers are making extra payments, depending on the day the payment is reflected in the account, it will first go towards the accumulated interest and then towards the principal. If further questions arise in the future, customers are encouraged to reach out to the customer service department at 1-888-502-3279. Thank you, Customer Service