- GreenSky LLC
GreenSky credit is a financial organization that is focused on providing a platform where individuals can acquire loans without many difficulties, and little bureaucratic process as compared to that one gets while seeking to get loans in the bank. The company has been operating since 2006 when it was founded by David Zalik, and it has expanded its operations from Atlanta, Georgia to other parts of the country where consumers can acquire loans through a mobile application.
- Why GreenSky Credit?
Various reasons suggest why one should consider getting loans from this company as compared to getting loans from other organizations working in the money-lending industry. Some of these benefits include:
The fintech has partnered with a large number of partners to ensure that consumers get loans, products, and the services they need within a short period. The first group that the company has partnered with is fourteen banks that are federal-insured. These banks provide loans to the consumers on behalf of the company. They are also responsible for coordinating loans and ensuring that they are paid within a short period.
The second group of partners that are working with GreenSky Credit include merchants and business organizations that are offering goods and services across the United States. For example, large retail outlets such as Home Depot have partnered with the company such that consumers can acquire products on credit basis. Other vital organizations have partnered with this organization such as hospitals where one can receive treatment services ranging from cosmetic surgery and vision repair.
For a more extended period, mainstream banks have not been offering small loans to consumers who have forced them to access small loans from the credit cards which charge exorbitant interest rates. However, these organization has a credit program that helps consumers to obtain even the smallest loans such as those used in improving your home among others.
- Leveraging on Technology
GreenSky credit is a fintech company which means that it offers its services through technology. The company has a mobile application that customers use to acquire loans rather than using the traditional process of filing papers which is cumbersome and time-consuming.