Canadian marketplace lending platform LendingArch announced on Wednesday it has further expanded into the U.S. by expanding its Consumer Debt Division Nationwide throughout all 50 states. According to LendingArch, the LendingArch Consumer Debt Division is focused on helping Americans lower or eliminate their Credit Card Debt to manageable levels, so that Americans can continue to “balance the books” within their own households, and not worry about the burden and pressure of being overloaded with debt.
LendingArch also revealed that its expansion into the U.S. marketplace marks six years of business in Canada and provides a robust online financial and lending platform that Americans will be able to browse, gain education from and utilize to compare financial rates for various loan categories. Speaking about the expansion, Paul Hadzoglou, President of LendingArch, stated:
“We are able to help any American with over $10,000 in Credit Card Debt attain a more manageable debt level in order to re-balance their expenses and lower the stress of being in heavy debt.”
Founded in 2015, LendingArch describes itself as a modern finance company reinventing the lending experience. The company claims that through smart technology and exceptional customer experience, it has become one of Canada’s fastest-growing providers of instant credit to financially responsible Canadians. From medical expenses, debt consolidation, home improvement costs, and help with personal growth, LendingArch is dedicated to bringing financial advancement to consumers who deserve to live a happy life, at their rate.
LendingArch further claims it is currently one of the largest destinations for rate comparison in Canada and furthermore was recently named the 17th Fastest Growing Company in Canada by Report on Business TV and the Globe & Mail’s Top Growing Companies.