New Blog 1: Embassy Loans

Sunday 2 December 2012

Embassy Loans

Embassy Loans is a consumer finance company licensed under Statute 516 [Consumer Finance] in the State of Florida. We specialize in equity loans, loans are based on equity, not personal credit scores - and are made regardless of personal credit history. Embassy Loans Terms and Conditions - All loans range from 12-18 months based on loan amount. Interest rates are 24% up to 30% per year, also based on loan amount. All loans are based in the equity of your collateral, not on credit ratings. To qualify, your collateral must have a wholesale value of $2000.00 or more. You must provide proof of residence and proof of employment unless self employed. As a consumer finance company, we do report to the credit bureau, so you can establish or re-establish your credit. Comprehensive and collision is required to be prepaid for a minimum of 6 months. If this is not possible, we offer an optional collision wavier debt cancellation addendum, which is available only as a voluntary option. If you decide to choose the waiver, it will be included in your monthly payment.