Backed wants to give low-interest loans to millennials with unestablished credit. The online lender uses a simple co-signer model. It allows someone with stellar credit (typically a family member or friend) to “back” a borrower. You can qualify for a personal loan without a backer, but the addition of one will reduce your interest rate — the company […]
The post Backed Review: Co-Signers Make Personal Loans Cheaper appeared first on iAngels.