Small Internet Lenders Offer Good Service
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Lew Sichelman would like the readers to believe that unless you go with an Internet lender whose name you recognize, you won’t get good service or a good deal (“Online Loans May Be Boon for the Savvy,” Jan. 9).
He also believes that only an A+ type of borrower can benefit from the Internet and that clients with credit challenges or special circumstances should avoid Internet lenders. Nothing could be further from the truth.
A small Internet-based lender can provide excellent pricing and service, and at least 30% of our online business comes from borrowers who have less than perfect credit.
MITCH LICHTERMAN
Branch Manager
loanguy.com
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