Gino Rodriguez, Writer
Mariner Finance offers both secured and unsecured loans, with secured options including auto loans, mortgages and personal loans, and unsecured options including personal loans and student loans. Secured loans require collateral, such as a car, home, or money in a bank account, while unsecured loans do not.
Secured loans are less risky for Mariner Finance, so you’ll typically qualify for lower rates compared to Mariner Finance’s unsecured loan options. The downside to a secured loan is that you run the risk of losing your collateral and hurting your credit score if you fail to make the payments. However, Mariner Finance reports payment information to the major credit bureaus every month, so if you make your payments on time, you can boost your credit score.
For more information, visit WalletHub’s Mariner Finance reviews page.
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