There are no upfront costs, nor do you pay anything if we cannot fund you. The cost for funding is 11.99%, which is based on the total amount of credit obtained. The cost for funding is taken out of the new lines of credit.
Each unsecured line of credit received, also known as trade line, is seen as a positive item by credit bureaus. It is important to remember that if the total amount of credit obtained is used, it will impact the credit score. Typically, credit bureaus want to see credit utilization of 50% or less. If the total credit is used, that is okay. Make it your goal to bring the balances down to 50% or less as soon as you can.