Marcus by Goldman Sachs Now Offering Home Improvement Loans

NEW YORK — January 16, 2016 — Marcus by Goldman Sachs® personal loans are now available for home improvement projects, providing yet another way for Marcus to help consumers achieve financial well-being.

Marcus home improvement loans have no fees ever. No sign-up fees, no late fees (customers only pay interest for the additional days) and no prepayment fees. The application process is easy, and does not require a home appraisal or borrowing against your home. Once approved, many Marcus customers receive their funds within five days along with complete control over how they use their funds without being committed to pre-approved projects or a single contractor. Loans range from $3,500 to $40,000 for periods of three to six years, providing creditworthy customers with a smart and simple solution for investing in a home renovation. Marcus home improvement loans provide value, simplicity and flexibility.

“We are excited to offer a new way for consumers to use our personal loans, as they look to invest in one of their most valuable assets, their own homes,” said Abhinav Anand, Head of Lending for Marcus by Goldman Sachs. “By expanding the ways our customers can use our products to fit their needs, we look to continue to help them make smart financial management decisions.”

In addition to no-fee, fixed-rate unsecured personal loans, Marcus offers high-yield online savings accounts and certificates of deposits. For more information please visit www.marcus.com.

About Marcus by Goldman Sachs

Marcus by Goldman Sachs offers products and tools designed to help people achieve financial well-being. Marcus offers no-fee, fixed-rate unsecured personal loans, high-yield online savings accounts and certificates of deposit in a variety of terms as well as home improvement loans. Marcus is supported by the Goldman Sachs Group, Inc. (NYSE:GS) and its 148-year history of financial expertise, risk management and customer service.

Contacts
Media:

Goldman Sachs
Andrew Williams, 212-357-0005
or
Zeno Group
Cathleen Koo, 212-299-8984

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