GreenSky is an online lending company that is based in Atlanta, Georgia. The company was founded in 2006, and it has enjoyed tremendous success so far. Many customers enjoy working with the company for various reasons. Not only does GreenSky offer excellent customer service, but the company also has multiple lending programs that customers appreciate.
Online lending is a developing area of the banking industry. Numerous customers enjoy the convenience of online loans. Not only is online banking faster, but it is also easier to manage for most people.
Surviving the Financial Crisis
The financial crisis in 2008 happened just a few years after GreenSky was founded. The GreenSky credit program remained solvent for multiple reasons.
The GreenSky credit programs also had more demanding requirements than other online lending programs. While many online banks went bankrupt during the financial crisis, GreenSky grew every year. The company did make some changes to the GreenSky credit program to reduce financial risks after the crisis.
With the strong housing market across the country, many people have interest in utilizing home equity to make various improvements. One of the biggest reasons that customers use the GreenSky credit program is to make home improvements.
Making a substantial home improvement is expensive. Not only have material prices increased, but paying for labor is costly as well. Most people underestimate the amount of money a significant home repair will require. The people who work at GreenSky have years of experience helping customers through this process.
Although the company is relatively new to the industry, the GreenSky credit program has overwhelmingly positive reviews from customers.