The group is helping you save towards a specific goal. Use for long-term planning like yearly taxes or down payment on a car.
A late position in a $1,000 money pool would require 10 payments of $102.
A savings/credit hybrid used for short-term planning. You have a vacation around the corner that you cannot miss.
A middle position in a $1,000 money pool would require 10 payments of $103 to $105, depending on the position you choose.
You are borrowing from the group for an immediate need. Early turns are reserved for eMoneyPool veterans.
An early position in a $1,000 money pool would require 10 payments of $106.
If anyone in the group falls behind with payments, eMoneyPool will take over their payments to protect the group. Guaranteed!
eMoneyPool will soon begin reporting user payment history to a major credit bureau to help users build credit.