Personal loans for hassle-free funds, fast
- Direct Pay feature that could help pay off debt faster and may provide better rates
- Top-rated personal loans
- Low fixed APRs †
- Loans up to $50,000
We see you as more than just your credit score
At Best Egg, your rates and recommendations are built around more than just one number—we strive to understand your goals, needs, and more.
A path to “yes” in an industry of “no”
We’re here to help you build the financial future you want—no matter where you’re coming from.
We see you as more than just your credit score
At Best Egg, your rates and recommendations are built around more than just one number—we strive to understand your goals, needs, and more.
Whatever your financial goals are, it’s simple to get a loan from Midcrest Credit.
Start with a loan quote
Tell us how much money you’re looking to borrow and enter a few details.
Receive an instant response
In minutes, find out how much money you could qualify for and what your payments might be..
Get your money quickly
Finalize your loan application online or in a branch and receive your money in as little as 24 hours..
What is an Origination Fee on a Loan?
Loan origination is the entire process of applying for and obtaining a new loan. You may encounter several steps when applying for a loan, so it’s helpful to know what to expect. The loan origination process can include pre-qualifying, filling out an application, and accepting your new loan.
Personal loan terminology can make the borrowing process confusing. Defining those terms is important so that you can make the best decisions based on your financial goals. One term to consider is, “origination fee.” What is an origination fee? It’s a one-time expense often charged when you take out mortgages, auto loans, and personal loans. While these fees add to the total loan cost, they might be worth it if the loan has a low interest rate. So, how do you weigh the pros and cons of an origination fee? Let’s break it down.
What is Equity in a Car?
In the world of auto financing, the term “equity” is often thrown around. But what does it really mean? Whether you’re planning to sell your car, trade it in for a new one, or take out a vehicle equity loan, understanding equity is crucial. This article will explain the concept of car equity, how it’s determined, and its implications for your financial decisions.
Car equity refers to the value of your vehicle after subtracting any outstanding loan balance or liens. If you own your car outright, with no loans or liens, your equity is 100%. On the other hand, if you still owe on your auto loan, the equity is equal to the car’s current value, minus the remaining balance on the loan.
Car equity is a big factor when it comes to selling or trading in your car. It can also be used to obtain a vehicle equity loan or to refinance your current loan. Understanding your car’s equity allows you to make informed financial decisions regarding your vehicle.