Shares of Borrowmoney.Com Inc (OTCMKTS:BWMY) have been trading within a narrow range over the past week.
Market Reaction
On Wednesday, BWMY stock fell 2.17% at $0.45 with more than 20k shares, compared to its average volume of 2.50k shares. The stock has moved within a range of $0.3401 – 0.4700 after opening trade at $0.47.
BorrowMoney.com is Officially Live!
Borrowmoney.Com Inc (OTCMKTS:BWMY) The website BorrowMoney.com was officially launched on November 17, 2021. It is aimed towards making the process of loan applications simpler via instructions that are easy to understand and minimizing the amount of application forms required.
What makes BorrowMoney.com different from its well-known competitors like LendingTree.com, NerdWallet.com, Quicken Loans and Loan Depot? Simplicity and user intuitiveness – the sole objective is to ensure consumers can borrow in a hassle-free manner. The site presently offers business and personal loans, but is set to expand to include auto loans, mortgage loans, debt consolidation and information on credit card options.
Apart from its simple loan application process, BorrowMoney.com has a local lender program that lets borrowers choose legitimate lenders in their own community. A preferred loan in their own community ensures a closer relationship with the lender, and gives the choice to take picks specialized contracts specifically available to the area. There is a database of trusted sources and referred articles on the site that include current financial issues and provide advice, which is available free of cost.
CFO Dr. Andrew Trumbach, states they are attempting to help people make smart choices when it comes financial matters. Whether it is the best loan rate, or more information about a certain financial transaction, everything is available on the site for free.
Key Quote
“Our site currently offers personal loans and business loans, but we will soon expand to provide auto loans, mortgage loans, debt consolidation and information on credit card options,” states the company’s CEO, Aldo Piscitello. “We took a real hard look at the competition and saw where other lending platforms were lacking. In turn we were able to develop a site that really stood out and put the borrower first.”
