Recently, I was faced with a choice – apply for a loan through local lenders. After doing so, the experience became frustrating as my experience was typical of what they can expect- lengthy application requirements and uncertain nature. To avoid going through further pain, I (and others) turned to an AI-powered solution which is making its way into the loan industry: scotwest loan calculator.
Scotwest has released a loan calculator which can be found on its website. This calculator is designed to help individuals and families understand their borrowing options and to give you an idea of what your monthly payments may look like. The calculator takes into account your credit score, the size of the loan, payment frequency and other associated factors.