GMAT Club
May 11, 2018
cfr990

Joined: Mar 01, 2018

Posts: 2

Kudos: 5

Verified score:
740 Q48 V45

Prodigy Loan for Latam Student

REVIEWER IDENTITY VERIFIED by score report [?]

I requested a Prodigy Loan and was surprised by how quickly and hassle free the process is. After submitting my self-reported information I got the quote that was valid for 2 weeks. I accepted the pre approval close to the deadline after attending a drink session and 1 on 1 session in Peru since I had some questions. Once I accepted I had to submit some documentation. The tool is very easy to use, detailed and the documents are not complicated. You have to be careful about your credit report since sometimes the information does not reflect immediately and it is important to take into account the money you’ve borrowed not only in loans but also with your credit card, this can affect your application (it wasn’t my case). I quickly submitted the information and it was reviewed and approved in less than a week. The only observation was that I should provide a utility bill instead of cellphone bill as proof of residence, once this was resolved it was shortly approved. Incredible time, especially since its without a collateral. On the flipside the response time for e-mails could be faster. Otherwise, very efficient, friendly and pain free. Hopefully this replicates for the loan disbursements and payments.

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