Commendable Personal Loan From Citifinancial By Crissy Taruc on Jul 24, 2008 - Updated Oct 15, 2011

Another source of personal loan we came across through a phone call was CitiFinancial. An agent called my husband and asked to try their offer. The procedure was very simple. We just need to fax the required documents and wait for the result of the review for about a week. Once approve, the xerox of the previously faxed documents as well as the post dated checks (PDCs) for the monthly amortization will be picked by their own courier and in exchange they will handed down to us the manager's check for the loan. We got approved for a six-digit personal loan at the rate of 1.35% payable within 2 years. The loan comes with a pre-termination feature that will allow borrower to terminate the loan at no additional charges or fees to pay off. As of to date, we just finished paying the first year of the loan and we were given actually the option to renew it wherein the balance of the old loan will be deducted.

I recommend this product on the basis of fast and good customer service, affordability and flexibility of the loan features.