August 2017

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Page A38 AUGUST 2017 FUNERAL HOME & CEMETERY NEWS S ec t i on A
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NEWS Association
CONTINUED
NFDA Partners
Exclusively with
LendingUSA to Offer
At-need Financing
BROOKFIELD,WI— For
some families, a funeral
can be an unexpected and
significant financial bur-
den. The National Funer-
al Directors Association
(NFDA) is pleased to ex-
clusively endorse Lendin-
gUSA, an at-need financing
solution for families that
may have difficulty paying
for their loved one’s funeral.
“Following an extensive
search and thorough vet-
ting process, we are excited
to add LendingUSA to our
roster of NFDA endorsed
providers,” said NFDA
President Ashley Cozine.
“LendingUSA is a solid,
reputable company that
will provide excellent cus-
tomer service to our mem-
bers and the families they
serve.”
LendingUSA lets fam-
ilies focus on working
with a funeral director to
plan a meaningful funer-
al or memorial service for
their loved one. Depend-
ing on the applicant’s cred-
it score, there are three tiers
of financing; approximate-
ly 70 percent of applicants
fall into tiers one and two.
Families may qualify for a
0% interest rate if their loan
is fully paid off within six
months; there are no pre-
payment penalties or rate
jumps.
Funeral homes assume no
risk or recourse when a fam-
ily chooses to use Lendin-
gUSA to finance a funeral.
The funeral home receives
payment via direct deposit,
typically within three busi-
ness days. Families work di-
rectly with LendingUSA to
pay off their loan.
Best of all, for approved
loans that fall into tier one
or two, the funeral home
pays no fee. Approved loans
that fall into tier three are
considered subprime; be-
cause of the risk of these ap-
plicants, LendingUSA will
charge the funeral home
a small fee – but only on
those higher risk loans.
NFDA members can
learn more about Lendin-
gUSA and how they can
begin offering this at-need
financing option to families
ber login required) or by
calling their member ser-
vices representative at 800-
228-6332.
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