LoanNow
Information by Research TrustFinance
Founded in 2013, LoanNow was a US-based financial technology company that provided online personal installment loans directly to consumers. The company's mission was to offer a better, more affordable alternative to traditional payday loans, particularly for individuals with poor or fair credit. Its platform used proprietary risk assessment technology and offered features like performance-based rate reductions and "Group-Signing" social-sourcing to help borrowers secure better terms. According to its website, LoanNow has ceased originating new loans and is no longer an active lender, though it continues to service its existing loan portfolio.
United States
Industry
- Other ServicePRIMARY
Financial