FitBUX’s Income Share Agreement combines the best of a traditional income share agreement with valuable features of both fixed rate loans and variable rate loans. Here is how:
- Like a traditional Income Share Agreement, repayment amounts are set as a percentage of your earnings,
- Similar to a variable rate loan, your payment may vary in actual dollars. However, this fluctuation is based on your own earnings, not an arbitrary rate set by bankers, and
- Similar to a fixed rate loan, there is a set amount you agree to repay. However, this amount is based on your own success and potential success, not simply a score issued by a credit bureau and a decision made by an old school financial institution.
To learn more about this product, please visit isa.fitbux.com
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