Boro lists a range of interest rates on their website. When will I get an exact number?
Once you get approved, an official approval letter will be sent to you with the exact interest rate.
We have built an innovative, machine learning-based underwriting system to ensure that we can approve applicants with bright financial futures even if they do not have a significant amount of credit history or a co-signer. Once we approve your application, we work to find an interest rate that best reflects your true ability to repay your loan, unlike traditional financial institutions who determine your interest rate simply off your age and current income.
Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016,issued by Department of Insurance and Financial Services.Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521