Mogo Loans: Are They a deal that is good?

My visitor today is Kerry K. Taylor. Her web site, Squawkfox, is recognized as by numerous to end up being the “gold standard for individual finance blogging”.

I’ve accompanied Kerry’s work with several years, and so I ended up being really interested to learn her report about Mogo within the Globe & Mail article where she described her visit to Mogo Lounge, a “sexy, fintech” loan provider.

A sexy way of lending

Kerry found that Mogo is a fresh sort of lender, nicer than a loan that is payday, and much more friendly when compared to a bank. In place of unsightly yellowish stores, these brand new loan stores have actually an infinitely more appealing approach. Nice and clean places that look a lot more like lounges than pay day loan outlets, they provide free water, an on-line software – and greatest of all of the a three moment signup procedure. In addition, you’ll get a credit that is free, along with your credit rating.