Thank you for your message.

Our guarantee is based on the approval amount only. Interest rates shown are the starting rates, so your interest rate will vary based on the lender. Inevitably the terms and rate will be between you and the lender. You may get multiple offers. Therefore, one lender may charge a higher interest rate than another lender, etc. You are never under any obligation to accept a lender’s offer. Personal loans have fixed rates while a line of credit typically has variable rates. Typical results are approval offers at a very low interest rate and sometimes there are also approval offers at very high interest rates, which of course, are not ideal, but they also will be available.

Respectfully,
John Latham
PLAC Guarantee