Goldman Sachs Bank is one of the leading financial institutions offering all kinds of banking products and services. They have been into existence since 1869, and have become undoubtedly the best banks to bank with. Marcus is one such product that offers personal loans to its customers. These personal loans can be used to meet any of your financial needs.
Marcus Personal Loan Application Process
In order to be eligible for a Marcus personal loan, you need to approach the bank in person or fill up an application form online. The bank conducts a credit check to see if you qualify for a loan. The minimum credit score required is 660 and if you qualify, bank officials will explain the different types of loan products available.
The next step is to choose a loan that fits your budget. Once you know what you are looking for, the final step is to provide some personal information that confirms your identity. This includes your bank statement, financial stubs, and Social Security Number. Marcus would verify all of the information provided and finally approve your loan.
Marcus Personal Loan for Debt Consolidation
Marcus is an online banker that provides personal loans only after verifying your credit history. If you have taken good care of your credit but are a victim of high interest rates, taking a loan from Marcus can be a good idea. Debt consolidation is one of the most common reasons for applying for a personal loan. Although you will still have to pay interest to Marcus, but it is sure to be lesser than your existing rate.
The bank does not charge any fees associated to balance transfer. This means, you not only save on your interest rate but also get to pay less without any extra cost. It is a good idea to settle those medical bills, high-interest credit card balances or any other major expense that is a burden to your pocket.
Marcus Personal Loan with a Bad Credit
If you do not meet the credit score requirements as stated by Marcus, it might be difficult to qualify for a personal loan. The bank offers fixed interest rates starting from 6.99% to 23.99% APR. This means those with an excellent credit are charged as low as 6.99%, whereas those without a perfect credit may be asked to pay almost as high as 23.99% APR.
Marcus performs a rigorous background check to confirm the credit scores of a customer. It might even reject a loan application if it finds a customer in very poor credit. The final approval depends on how poor your credit score is and also on your present financial conditions.
Contact Details of Marcus with Phone Number
Marcus customer care executives are available on the toll free number 1-844-627-2871, Monday to Saturday from 7.00 am to 9.00 pm. You can avail more information on their loan products by visiting their website.
If you want to meet the bank officials in person, you can visit them at their headquarters at the following address:
Marcus by Goldman Sachs
111 South Main Street,
Salt Lake City, UT 84101
Marcus by Goldman Sachs loan application process is easy and simple. It offers excellent phone support and a great banking experience too. It not only saves a lot of time on paper work but also promises a deposit within 4 to 5 working days. Marcus personal loans are sure to make you happy and relieved from high interest rates.