Phone: 229-403-9486 Email: ronwilkerson81@gmail.com
Phone: 229-403-9486 Email: ronwilkerson81@gmail.com
With Hearth, you can see potential financing options for your upcoming project. A loan through Hearth helps you pay for your project
through predictable, monthly payments without tapping into your home equity.
Start your project soon
→ Funding usually within 1-3 business days
Budget responsibly
→ Fixed monthly payments and no prepayment penalties
See eligibility without hurting your credit
→ Pre-qualifying through Hearth doesn’t affect your credit score
Complete the loan request: Just answer a few questions to see available rates without affecting your credit score.
Review loan options: If eligible, you’ll view personalized options from multiple lending partners. You can choose which one best suits your needs apply with the lending partner.
Get funded: If approved, you will typically get the funds in your account within 1-3 business days.
Hearth is a technology company, which is licensed as a broker as may be required by state law. Hearth does not accept applications for credit, does not make loans,
and does not make credit decisions. Hearth works with various lending partners to show customers available financing options; all loans subject to credit approval.
Hearth’s lending partners offer installment loans. These loans have fixed monthly payments, terms that are usually between 3 and 7
years, no home equity requirement, and no prepayment penalties.
After you answer a few questions, Hearth will send your information to its network of lending partners. Within seconds, they will check
your eligibility and show you available options. Seeing rates does not affect your credit score. You can then submit a loan application
with your chosen lending partner, which will affect your credit report just like any loan application.
Installment loans have interest rates to enable quick funding and predictable payments. Hearth’s lending partners consider factors
such as income, FICO score, credit history, outstanding debt, and the loan amount requested when determining these rates.
Hearth has 3 rate plans that let you know what to expect when you request rates. You’ll likely see options with APRs in the ranges
listed below, but may receive options with lower or higher APRs.
| Credit Range | Pre-qualification rate* | Avg. # of Offers Recieved | Est. APR Range** | Loan amount**** | Loan term***** | Lending partners |
|---|---|---|---|---|---|---|
| Excellent: 850 - 741 | 89% | 29 | 4.99% - 19.07% | $1,000 - $100,000 | 2 - 12 years | 8 |
| Good: 740 - 681 | 80% | 19 | 10.54% - 26.70% | $1,000 -$100,000 | 2 - 12 years | 8 |
| Average: 680 - 661 | 70% | 13 | 16.85% - 34.83% | $1,000 - $50,000 | 1 - 7 years | 9 |
| Poor: 660 - 500 | 58% | 7 | 20.50% - 36.99%*** | $1,000 - $50,000 | 1 - 5 years | 10 |
*For each self-reported credit score range, pre-qualification rate is calculated by dividing the number of pre-qualified Hearth users by the total number of users who
submitted a loan request.
**The estimated Minimum APR range is calculated based on data available from Jan 2020-Mar. 2021. The Est. Max APR is calculated using 1 STD to the Avg. APR
from the aforementioned time period. The range may change from time to time based on our lending partners’ feedback. The APR for a consumer may deviate from
this estimated APR range as the APR is provided by the lending partners and is based on the consumer’s entire credit history.
*** In our calculation of the Est. APR range for the Poor Credit range, we exclude APR from our second look lenders.
****Loan amount: lenders determine loan amount based on entire credit history, annual income, and debt to income ratio
***** Loan Term: For example, a loan in the amount of 10,000 for a term of 5 years with an APR of 6% would be repaid over 60 monthly payments in the amount of
$193.33
