Frequently Asked Questions

Why should I get a loan through Milestone Solutions Lending instead of carrying a balance on my credit card?

Milestone Solutions Lending offers access to low rates with a fixed payment schedule, so you know exactly when you will pay off your consolidated debt. With loans through Milestone Solutions Lending, your interest rate is FIXED. Most credit card rates are variable, meaning they increase as the prime rate increases. Lock in a FIXED rate today, the fed may raise rates again soon.

Is the collateral required?

No collateral is required or accepted for a loan through Milestone Solutions Lending.

Does pre-approved mean that I am guaranteed approval?

We use information contained in your credit report to determine that you satisfy certain criteria for creditworthiness in conjunction with this offer. If, after you respond to this offer, it is determined that you no longer satisfy that criteria, credit may not be extended to you. This can happen if your credit score has recently decreased. Additionally, we don’t have your income information until you apply for a loan. Credit may not be extended to you if you don’t have sufficient income to support your loan payments.

Are there penalties for early payment of my loan?

There are fees or penalties for early payment of your loan. You only pay interest on your loan on the outstanding balance, so early payment will also reduce your interest charges. Any fees already paid, including origination or fees, will not be refunded.

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Have more questions? Call us now: (888) 670-0435