BAY AREA, might 29, 2014 /PRNewswire-iReach/ — This month, LendUp included Oregon and brand brand New Mexico to your selection of states the Ca -based online financing innovator could offer a far better option to pay day loans. 14.4% and 23.6% of households are underbanked in Oregon and brand New Mexico, correspondingly. Establishing within these states will further the financial institution’s objective to supply pay day loans with function into the underbanked.
LendUp provides usage of term that is short 24 hours a day, 1 week per week, and it is available from any computer or smartphone. Clients reap the benefits of LendUp’s proprietary technology, that offers immediate decisioning and a convenient, online application procedure. From application to payment, clients can set their particular terms, in a transparent procedure free of concealed costs or financial obligation traps.
LendUp’s protection in the us of Ca, Missouri, Louisiana, Oklahoma, Mississippi, and Tennessee has held the online loan provider going quickly to maintain with need. In expanding, LendUp has pursued a state-by-state strategy, looking for licenses in each and after state-specific recommendations.