Financial terms and links to important information sources regarding credit and financing.

Financing and Credit Resources

  • Consumer Financial Protection Bureau (CFPB) – Learn about the government agency that monitors consumer lending practices.
  • UMWSB – SimpleSelect Standard and SimpleSelect Zero™ loans are funded and serviced by United Midwest Savings Bank. Member FDIC.
  • TransUnion – TransUnion is an American company that provides credit information and information management services to approximately 45,000 businesses and approximately 500 million consumers worldwide in 33 countries.
  • Your credit score – Learn more about how credit scores are calculated.
  • Unsecured Consumer Loan Rates – Up to date rates based on credit for 2024.

Financial Glossary

  • APR – An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment, and is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
  • Fixed Interest Rate – SimpleSelect loans use a fixed rate of interest.
  • Installment loan – SimpleSelect Patient Finance uses a closed-end installment loan product. Learn more about how installment loans work.
  • SimpleSelect Standard™ loan – SimpleSelect Standard loans have a fixed interest rate of 16.99% for a term of 6 to 36 months.  Max loan term may vary by provider.
  • SimpleSelect Zero™ loan – SimpleSelect Zero loans have a fixed interest rate of 0%.  Loan terms are available in 6, 12, 18 and 24 month increments and may vary by provider.
  • SimpleSelect BNPL™ – Buy Now Pay Later allows patients to use existing credit to obtain interest free payment plans as opposed to applying for a new loan. 
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