Fintech Platform to Forgive Debt on Randomly Selected Accounts to Celebrate
WILMINGTON, DE. (Nov. 01, 2021) – Best Egg, an online financial platform that is owned and operated by Marlette Holdings, Inc. and its subsidiaries celebrated the opening of its one-millionth consumer personal loan account. To celebrate this milestone, the company is announcing that it will randomly select three accounts for full forgiveness of their Best Egg loan. Best Egg has served more than 800,000 individuals across the United States through its personal loan platform.
“We are thrilled to have helped so many customers achieve their financial goals,” said Bobby Ritterbeck, President of Personal Loan for Marlette. “Best Egg has seen tremendous growth over the past year – consumers are taking new Best Egg loans at five times the rate they were in January 2021 – and we expect that progress to continue. We’re in a position where we’re able to get more people approved, helping them make the financial progress they seek. To celebrate this milestone, we’ve decided to randomly select three accounts that will receive 100% debt forgiveness.”
Since its launch in 2014, Best Egg has focused on helping consumers who do not have a significant financial cushion to feel more confident about their finances by offering a predictable way to finance purchases or pay off debt. Best Egg loans have fixed rates starting as low as 3.99% that can be paid out over a two to six-year window. Approved applicants receive their loan proceeds in as little as one business day. These are consumers that are often underserved by banks but often need the most help managing their day-to-day finances.
“Our goal is to provide resources for individuals who are looking to improve their financial stability by improving their financial well-being, while also increasing their access to low-interest, responsible credit,” Ritterbeck continued. “We offer opportunities for consumers to become informed about their money and what actions they could take to improve their financial health. By doing so, we’re able to positively impact the lives of our customers and their families.”
Best Egg Financial Health is the newest in a slate of fintech offerings Best Egg has introduced in the past year. Customers rely on Best Egg for personal loans and credit cards that are designed to promote healthy habits and enable them to navigate their day-to-day finances. Future product innovation is guided by a robust and active research ecosystem that includes its Nest Community, with hundreds of people engaging on financial topics every day.
About Marlette Holdings, Inc
Marlette Holdings, Inc., is a leading financial technology provider whose subsidiaries developed and operate the Best Egg financial platform, which aspires to help people feel more confident about their everyday finances. The team mixes decades of banking experience with deep customer knowledge and smart technology to deliver digital products, services, and experiences in a more relevant way. Since March 2014, the platform has delivered over $14 billion of consumer loans with strong credit performance. For more information, visit Marlette Funding or Best Egg.