magillaloans.com
BankingCalifornia, United States2-10 Employees
Magilla Loans operates as a banking-focused loan matching service that connects borrowers with FDIC-insured banks without collecting personal information from applicants. The platform emphasizes anonymity, with no requirements for name, phone number, or social security number, and it presents loan proposals in a comparative format to help users assess terms. The service is described as fast and simple, delivering multiple proposals within a few hours after a brief questionnaire, and it does not charge borrowers any fees. The company positions itself within the financial technology space, offering a way to obtain real loan proposals rather than automated, non-traditional offers. Based in the Sacramento area, Magilla Loans has a small team and has pursued board-level appointments to guide its strategic direction, including a noted addition to its board in 2018.