Payday vs Tribal Loans

At Uprova.com we believe it’s time to bring the “Subprime” and “Deep Subprime” borrowers out of the shadows. Uprova cares about finding a credit solution for these hundreds of millions of Americans with “Subprime” or “Deep Subprime” credit scores.

We’re talking about a service that, aside from predatory players, is nonexistent for 21.2% of Americans. Talk about an underserved market! The question is, how do you make it work for both the lender and the borrower?

Our vision is to assist “Subprime” and “Deep Subprime” borrowers with climbing out of debt, by providing lending options that don’t feast on their misfortune. Instead, we want our options to propel these borrowers forward, out of financial hardship.

Our alternative to traditional payday loans is Uprova’s interest-based installment loan. These installment loans have similar eligibility requirements as payday loans, but provide borrowers with reasonable rates, flexible terms, and more lenient repayment structures. Additionally, these installment loans provide benefits to borrowers such as reported credit activity to the relevant credit bureaus, which helps build positive credit history when payments are made on time.

Uprova.com’s installment loans help borrowers overcome their short-term financial obstacles, as well as assist them in building up alternative credit scores, to avoid being in a similar situation in the future. Improving an alternative credit score can potentially earn a borrower credibility with lenders who use those scores to underwrite their loans, providing a better opportunity to receive more substantial loans in the future. Those who qualify for these options should consider installment loans as a much better alternative to payday loans.