Frequently Asked Questions About Us and Our Financial Services

At Truvo, our loan experts are licensed professionals who are true experts within the industry. When you work with us, you can have peace of mind knowing that you're working with the very best. We don't see our customers as just another number, but rather as members of the Truvo Family. We truly value your success, and our goal is to be your lending partner for life. Let us help you achieve your financial goals and build a lasting relationship with you!"

Our loan service provides access to low simple interest rates and a fixed payment plan, allowing you to know the exact date of your loan payoff, usually within 1 to 7 years. Unlike credit cards that charge compounding daily interest, which can take 15 to 20 years to pay off and result in 50% to 60% of your payments going to creditors, our loan service ensures a more manageable and predictable payment schedule."

At Truvo, we take great pride in being low-cost leaders in the lending industry. However, it's important to note that rates can vary widely depending on the type of loan and each individual borrower's situation. Home loans typically have lower rates because the house serves as collateral, while personal loans, being unsecured or with no collateral, may not have rates as low as home loans. Our team of experts can help you find the most affordable loan option that fits your needs and financial situation. Contact us today to learn more about our competitive rates and lending options."

When it comes to financing options, uncollateralized loans such as personal loans and business loans can be more accessible for those who don't own property or don't want to risk losing their assets if they can't repay the loan. On the other hand, home loans and second mortgages typically require collateral, using the property as security. At Truvo Financial, we offer a range of financing options, both collateralized and uncollateralized, to suit your needs. Contact us today to learn more about your options and find the loan that's right for you.

Our loan terms at Truvo Financial vary depending on the type of loan. For personal loans, we offer terms ranging from 1 to 5 years, with 1 year having the lowest total interest paid while 5 years have the lowest monthly payments. Home loans, on the other hand, are typically paid back over 15 or 30 years, although we offer loan terms that range from 10 to 40 years to best fit your unique financial situation. Contact us today to learn more about our loan terms and find the right financing option for you.