Mariner Finance, a fast-growing consumer lending company, has been accused of predatory practices. Many of their customers end up in court buried in debt. The company has grown substantially over the past four years and today is connected to former U.S. Treasury Secretary Timothy Geithner.
People also ask, can I cash a Mariner Finance check at Bank of America?
You can deposit the check in your bank account or cash it at any other business that cashes checks. Our recommendation is to cash it at the bank where the check is drawn. If you would like to request more money, simply call or visit your local branch.
Secondly, does Mariner Finance require collateral?
Collateral: If you apply for a secured loan, you’ll need to provide collateral. Typically, Mariner Finance will ask to secure the loan with something that has a title, such as a car, ATV, motorcycle, or trailer, according to company representatives.
Does Mariner Finance send live checks?
Most lenders that offer live checks do not consider your job status, income or ability to repay a new debt. … Mariner Finance sends live checks with rates up to 36 percent.
You can also stop by your local branch to pay, or pay by phone from your bank account. Please note that fees may apply to one time online payments or phone payments in some states. No fees will be charged for reoccurring payments, for in-person payments made at a branch, or for mailed-in payments.
It takes 1 to 3 business days to get money from a Mariner Finance personal loan, in most cases. That includes both the time it takes to get approved and the time it takes for the funds to be delivered after approval. Keep in mind that this is a typical applicant’s experience, and in some cases it could take longer.
The average estimated annual salary, including base and bonus, at Mariner Finance is $103,163, or $49 per hour, while the estimated median salary is $121,395, or $58 per hour.
I received a check from Mariner Finance, is it real? A. Yes, Mariner Finance does send live checks to pre-screened, qualified individuals. Although we cannot guarantee the authenticity of all checks you may receive via mail, simply call the branch phone number on the letter with the check to verify that it is real.
However, Mariner Finance does offer a 15-day grace period at initiation, where you can pay off your entire balance interest-free. This stands in contrast to other lenders who either don’t provide this option, or cap the grace period at seven days.
Although there isn’t a specified credit score requirement, Mariner Finance will consider people who have bad credit (640 credit score or lower), according to customer service. Most other lenders’ credit score requirements for personal loans range between 585 and 700.
The next option for Mariner occurs when the customer stops payments altogether. You see, if a consumer stops paying, then Mariner has to decide how they are going to get paid. The main factor in the decision they take will be the balance on the account. If the balance is small, they can charge off the account.
Mariner Finance reports directly to Equifax, TransUnion, and Experian. Are you still affiliated with 1st Mariner Bank? No, Mariner Finance is not affiliated with 1st Mariner Bank.
Mariner Finance is a lender that offers personal loans, car loans, and mortgages.