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What are the Benefits of Consumer Financing?

In today’s world, purchasing big-ticket items like a car or a home often requires a significant financial investment. Unfortunately, not everyone has the means to make these purchases upfront. That’s where consumer financing comes into play. Consumer financing is a loan option that allows individuals to make major purchases without having to pay for them upfront. Instead, they can make monthly payments over a period of time. In this blog post, we will discuss the benefits of using consumer financing and how United Credit can help connect consumers with the loan they need for major purchases and medical procedures.

Benefit #1: Flexibility in Payment Options

One of the biggest benefits of consumer financing is the flexibility it offers in payment options. This is because you can choose the repayment period that suits you best. If you opt for a longer repayment period, you’ll have lower monthly payments, which can be ideal if you have other financial obligations to fulfill. If you want to pay off your loan faster, you can opt for a shorter repayment period with higher monthly payments. This allows you to customize your repayment plan to fit your financial needs and lifestyle.

Benefit #2: Easy Application Process

Applying for consumer financing is often much easier than other types of loans. With United Credit, you can apply online from the comfort of your own home. The application process is simple, and you’ll receive a decision in just a few minutes. This means you can get the financing you need quickly and easily without having to go through a complicated application process.

Benefit #3: Access to Higher Quality Products and Services

Consumer financing can help you access higher-quality products and services that you might not have been able to afford otherwise. For example, if you need a medical procedure, but your insurance won’t cover it, consumer financing can help you get the procedure done without having to wait or settle for a lower-quality option. 

Benefit #4: Lower Interest Rates

Consumer financing often comes with lower interest rates than other types of loans. This means you’ll pay less in interest over the life of your loan, which can save you a significant amount of money in the long run.

How United Credit Can Help

United Credit is a financial technology company that connects consumers and businesses with an array of experienced, innovative financing solutions.

Through our lending partner network, we offer consumers access to more financing options, more opportunities for approvals, and more peace of mind to pursue the purchases they need.

United Credit has a simple and easy application process. You can apply online in just a few minutes, and you’ll receive a decision quickly. Ready to get started? Begin your application here.

United Credit is NOT a lender. We simply send your information to our lender network for approval and credit terms. Credit approval is not guaranteed. Please refer to our complete Terms and Conditions at: unitedcredit.com/terms-and-conditions

United Credit strives to keep the content shared on this blog accurate and up to date. You are urged to consult with business, financial, legal, tax and/or other advisors and/or medical providers with respect to any information presented. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial or medical institution. This content is intended for informational purposes only.

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Jessica Payan

VP of Human Resources

As a certified Professional in HR (PHR), Jessica brings 10 years of HR experience to the United Credit team. She is responsible for managing the strategy and processes related to building and retaining an exceptional team of professionals. Jessica is passionate about supporting each employee to be their most successful and exemplifies our core values daily.

Aaron Mishkin

Controller

As Controller, Aaron manages the income and expenses of the Company and the incoming and outgoing loan funds with the utmost integrity. He is a lifelong learner with multiple degrees and certifications to his name and 25 years of working in financial services. Aaron’s reason behind being a part of the United Credit team is to make a difference in the Company and to his coworkers, our partners, and our customers.

Jorge Lazaro

VP of IT

Jorge works closely with cross-functional partners throughout the business to develop virtual experiences and oversees the IT team that keeps our platforms running smoothly. His goal is to provide an optimistic approach to the challenges we face while supporting our staff and partners with respect. With over 6 years of working for United Credit, Jorge brings a wealth of knowledge about our history and computer engineering.

Brett Walisever

VP of Strategic Accounts

Brett spearheads our business sales growth by identifying and supporting new merchants in partnering with United Credit. He has 10+ years of sales, contract negotiation, and market strategy experience that he brings to each new merchant and our team. His desire is to support the growth of United Credit and the merchants we serve through respect and collaboration.

Andria Sullivan

Chief Experience Officer

Andria is a seasoned leader with over 10 years of experience in providing world-class customer service and directing consumer finance processes. She oversees the tracking, reporting, and achievement of our company goals, long and short-term projects, and special initiatives. Andria is service-minded when it comes to collaborating internally and externally, and it shines through in every interaction.

Nate Moster

Chief Sales and Marketing Officer

As Chief Sales and Marketing Officer, Nate expertly drives revenue growth for United Credit by leading sales and marketing strategies across all channels. With over 20 years of experience working with global brands in various industries, Nate has a proven track record of boosting sales, expanding market share, and building strong relationships. His unique ‘right-brain + left-brain’ approach combines business acumen and strategic thinking with striking creative execution, ensuring United Credit’s sales and marketing efforts consistently deliver results for continued success.

Matthew Libman

Founder & President

Matthew is the President and Founder of United Credit. Matt founded fintech company United Medical Credit in 2011 to connect consumers and businesses with an array of experienced, innovative financing solutions. In 2022, the company grew and became United Credit, fueling an expansion into retail markets while retaining its expertise in specialty healthcare.

Since its founding, Matt has provided leadership for all aspects of the Company, emphasizing long-term growth while ensuring United Credit delivers value to its consumers, merchants, and business partners. The Company has risen in the fintech space as a preferred consumer financing partner under his tenure.

Matt is also an active member of YPO (Young Presidents’ Organization), the world’s largest leadership community of company chief executives.