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. 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.