“Today’s consumers demand simple, responsible and transparent loan products”, said Stephen E. Sweeneypresident and founder of iCreditWorks. “Many deferred interest products are misunderstood by consumers and we are committed to providing a better financing experience. The TrueZERO% is a transparent 0% interest rate product that sets the new standard in low cost lending. the consumption.”
Offering consumers a clear path to repayment, the TrueZERO% installment loan is unique in a market where deferred interest loan products and revolvers are prevalent. By selecting a TrueZERO% installment loan, a consumer’s loan principal balance is simply divided into 12 equal monthly installments with no accrued interest.
“TrueZERO% represents the continued expansion of point-of-sale products offered through the iCreditWorks platform,” says Cristian Mandachescu, Chief Risk Officer. “We are committed to empowering consumers to say ‘YES’ to their treatment, by providing access to a suite of installment loan products that helps everyone find an ideal and affordable financing option.”
The TrueZERO% installment loan product will be offered by all healthcare providers participating in the iCreditWorks credit program. TrueZERO% represents the newest addition to the lending products offered by iCreditWorks, which also includes standard installment loans and “interest-free” incentive loans up to $20,000. iCreditWorks believes in responsible lending and only provides access to affordable financing options that allow consumers to pay for the care they deserve.
*All loans issued by WebBank, Member FDIC.
iCreditWorks leverages innovative technology and mobility to deliver an omnichannel platform experience that provides access to a wide range of “point-of-sale” (POS) financing products, empowering consumers to take control of their financing . The first-of-its-kind iCreditWorks native mobile app delivers a simple, seamless, and secure financing experience that redefines the consumer journey.
To learn more about the Company, please visit www.icreditworks.com.
SVP – Professional Affairs