Image: A couple sit on a sofa while reviewing documents and using a laptop to look into a loan from Reach financial.
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What you need to know about a Reach Financial personal loan
Reach Financial is an online lender founded in 2015 and based in New York City. The lender says it focuses on helping people consolidate debt and improve their finances, noting that its customers have paid off a cumulative total of $1 billion in debt and boosted their credit scores by 50 points on average.
Who is a Reach Financial loan good for?
A Reach Financial loan may be a good choice for someone with good credit looking to consolidate debt. The lender may also work well for people who want help and guidance as they work through the application process. Reach promises that all its support is based in the U.S. and can be reached by phone and email.
*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the personal loan, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.
About the author: Andrew Dunn is a veteran journalist with more than a decade of experience as a reporter and editor at North Carolina news organizations, including the Charlotte Observer and the StarNews in Wilmington. In those roles,… Read more.
