What does the company GreenSky do?

What does the company GreenSky do?

GreenSky is a technology company that facilitates home improvement loans up to $65,000. Its loans are funded by banks and offered to consumers through home improvement contractors and retailers who use GreenSky’s financing platform. The company was acquired in March 2022 by Goldman Sachs.

Is GreenSky a good company?

Though not one of Credible’s partner lenders, GreenSky has an average rating of 3.6 out of 5 stars from over 240 reviews on the Better Business Bureau (BBB) website. It has earned an A+ rating from the BBB itself.

How do I talk to a real person at GreenSky?

Please contact GreenSky customer support immediately at (844) 810-7713 to alert us of your concern.

Who is GreenSky official?

GreenSky, Inc. is a financial technology company founded in 2006 based in Atlanta, Georgia. The company provides technology to banks and merchants to make loans to consumers for home improvement, solar, healthcare and other purposes.

Who uses GreenSky?

GreenSky is a financing platform that services loans to fund home improvement projects on behalf of more than a dozen banks in the U.S. Borrowers with at least fair credit, or a credit score of at least 650, are the best candidates for a GreenSky Direct Home Improvement Loan; if you have poor credit, you won’t qualify.

Does Home Depot use GreenSky?

Home Depot offers its financing services through GreenSky. Customers can apply for GreenSky home improvement loans separately as well.

What happened to GreenSky?

NEW YORK and ATLANTA, March 29, 2022 – The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has completed the previously announced acquisition of GreenSky, Inc.

Are GreenSky loans secured?

GreenSky offers unsecured loans of up to $55,000 to help cover home improvement costs for people who qualify. It’s important to note that these are unsecured loans, which means that your home will not be used as collateral.

Is GreenSky a secured loan?

Unsecured home improvement loans GreenSky offers unsecured loans of up to $55,000 to help cover home improvement costs for people who qualify. It’s important to note that these are unsecured loans, which means that your home will not be used as collateral.

Who are GreenSky merchants?

GreenSky merchants are contractors or retail sellers of the building supplies used in home renovations. What makes them GreenSky merchants is their affiliation with the company, which means they offer customers the option of applying for loans through GreenSky to pay for the home improvements they want to have done.

Who bought GreenSky?

The Goldman Sachs Group, Inc.
NEW YORK and ATLANTA, March 29, 2022 – The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has completed the previously announced acquisition of GreenSky, Inc. (“GreenSky”) in an all-stock transaction.

How does GreenSky make money?

GreenSky (GSKY) makes its money by offering a point-of-sale solution to connect consumer borrowers with regional banks. Its fee-based model relieves it of many of the growth constraints in traditional banking, and the company could see double-digit growth for years (if not decades) to come.