Promise Financial No Longer Making Personal Loans

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promise_logo_horizontal_02Promise Financial, an online lender that marketed loans for special occasions such as weddings, stopped lending in February 2017.

The New Jersey-based company allowed borrowers to add a co-signer and partnered with more than 350 wedding venues across the country to advertise its loans.

Existing loans will continue to be serviced, says Josh Jersey, the company’s CEO.

If you’re looking for a personal loan, consider these other options:

Amrita Jayakumar is a staff writer at NerdWallet, a personal finance website. Email: ajayakumar@nerdwallet.com. Twitter: @ajbombay

Updated April 13, 2017.