"Today's consumers demand simple, responsible, and transparent loan products," says Stephen E. Sweeney, Chairman and Founder of iCreditWorks. "Many deferred interest products are misunderstood by consumers and we're determined to provide a better financing experience. The TrueZERO% is a transparent, 0% interest installment product that sets the new standard in consumer lending."
Providing consumers with a clear path to repayment, the TrueZERO% installment loan is unique in a marketplace where deferred interest loan products and revolvers are prevalent. By selecting a TrueZERO% installment loan, a consumer's principal loan balance is simply divided into 12 equal monthly installment payments with no interest accrual.
"TrueZERO% represents the continued expansion of Point-Of-Sale products offered through the iCreditWorks Platform," says Cristian Mandachescu, Chief Risk Officer. "We are committed to empowering consumers to say 'YES' to their treatment, offering access to a suite of installment loan products that helps each find an ideal, affordable financing option."
The TrueZERO% installment loan product will be offered through all healthcare providers participating in the iCreditWorks Credit Program. TrueZERO% represents the newest addition to the loan products offered through iCreditWorks, which also includes Standard Installment Loans and "No-Interest" Incentive Loans up to $20,000. iCreditWorks believes in responsible lending and only offering access to affordable financing options that allow consumers to pay for the care they deserve.
*All loans issued by WebBank, Member FDIC.
About iCreditWorks
iCreditWorks leverages innovative technology and mobility to deliver an omnichannel platform experience that provides access to a broad suite of "Point-Of-Sale" (POS) financing products, empowering consumers to take control of their financing. The first-of-its-kind iCreditWorks native mobile App delivers a simple, seamless, and secure financing experience that redefines the consumer journey.
To learn more about the Company, please visit www.icreditworks.com.
iCreditWorks
Rich Groves
SVP – Professional Affairs
(201) 450-4268
[email protected]
SOURCE iCreditWorks
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