The interest rate I pay is 65%! Not the 4.5% I was told over the phone.
The pay back is fixed in the amount? And this doesn't work for me. I like to pay down extra when I have the extra to put down. All of my loans and credit cards allow me to do this except this one. So now I have to pay it off in full and think twice about using this loan in the future
While I appreciate the LOC given me by headway, it has literally cost me a fortune. The interest rate is insane and the fee every time you make a draw is outrageous. All in all it is very expensive money and I would not recommend to anyone.
It was extremely to work with the staff at Lendio and they were able to connect me with a Lender. I look forward to our next transaction.
Headway is fair and as close to a traditional lender as I’ve encountered via the internet. In a space where hidden fees and non disclosed interest rates put people out of business, Headway has been a breath of fresh air with their transparency.