Are you looking for a reliable debt consolidation company? Have you recently stumbled upon SilverLake Financial and wondered if it’s legit? This SilverLake Financial review will give you a complete insight into the company. We will discuss SilverLake Financial’s advantages and disadvantages, best offerings, and client reviews.
SilverLake Financial, along with silverlakefunding.com, offers loans for debt consolidation to people. It is not a company that lends itself but acts as an intermediary between the lender and yourself. Essentially, SilverLake Financial looks for the perfect creditor for you and consolidates debts in a single loan.
When you are going for a loan consolidation company, it is best to consult with a financial advisor. A financial advisor can help you figure out if you need debt consolidation in the first place. Even then, it is critical that you look for a company that is reliable. Building a financial relationship with a bad company will only cause more trouble. After taking a close look at reviews, you will want to reconsider working with this company. Nevertheless, it is best to look at all angles of the story before making a decision. Therefore, with the following advantages and disadvantages, you can make critical decisions for loans on your own.
SilverLake Financial – What Is the Company Like?
SilverLake Financial is a company that facilitates lending through other lenders. It helps clients get the financial help they require and meet lenders that provide the best terms. Their varied and vast lender network has been designed to offer the best rates to clients. Aside from debt consolidation, SilverLake Financial also offers other loan products such as:
• Loans for Home Equity
• Personal Loans
• Auto Loans
Minimum Credit Score Requirements for SilverLake Financial Debt Consolidation Loan
There is no minimum credit score needed for qualifying for SilverLake Financial loans. They do not have any specific requirements for the credit score for debt consolidation. However, they need to look at your credit history to determine if you are right for their program.
It can be difficult for someone with late payments in their financial history to get approved. Alternatively, with timely payments and strong credit history backing you up, you can easily achieve a loan.
However, in the end, the decision to approve or disapprove a loan depends on SilverLake Financial and its lenders. Every lender has its set of specifications and minimum credit score. With a large variety of lenders on the platform, it can be difficult to say what the minimum credit score is. Nevertheless, with a good credit history, you can have multiple lenders willing to approve your loan request. This can mean that you may receive your loan very easily from SilverLake Financial.
SilverLake Financial Review – BBB Reviews
SilverLake Financial has been given a B+ rating on BBB. It has been associated and accredited with the organization since August 2019. The company has been operating for the last few years and has earned positive and negative reviews.