Going to the bank for a loan. Unfortunately, the nearest branch is in the center. You calculate how much you will spend on travel and parking. Or maybe you are a single mother who makes a living mainly from alimony payments and you can’t count on a bank loan? A good and beneficial solution to these and many other problems can be a quick loan, which can be obtained without leaving the house, only via the Internet in addition for free!
When you borrow an online cash injection, you get it right away, without leaving your home, unnecessary formalities and uncomfortable conversations with a bank representative. Nobody closes the door here for us, and you can calmly think about the offer without the pressure of the seller or consultant.
How much is payday loan?
Fast online loans have a “expensive” and “hidden costs” patch attached. But will we get a loan on better terms? Not necessarily. Many of us have many hidden, unobvious costs here. For example, a single parent bringing up a child must add the cost of the cash loan to the bank, including travel costs, and often the parking lot, and if there is no one to leave the child with – also the cost of renting a babysitter. It is not obvious, therefore, that the APRC (Actual Annual Return) deals with the costs that we have to take into account when using the bank’s services.
In the case of cash loans, this parameter is many times lower, so it seems to be cheaper than a quick loan. However, it is different. Although repayment of a non-bank loan usually takes 30 days, the APRC is calculated here on an annual basis. Hence its incredible value, which does not translate into the real cost of the loan. And this one is strictly regulated by regulations. This means that if we take the first loan for USD 1000 for 30 days, then after 30 days of timely repayment we will have to return the same amount that we borrowed, ie USD 1000. This is an unrivaled offer, not found in any bank.
If you borrow online, you’ll save time
Currently, one of the most important aspects of life is time. We are impatient like never before, and when we are short of money, we want to get it immediately. We expect immediate decisions and transactions. To meet our needs, the loan sector has moved to the network. Thanks to this, taking a loan can take only 15 minutes. Only access or finding a parking space in the center under the bank branch will take much longer.
Minimum formalities, maximum speed
Each banking product is encapsulated with a string of stringent requirements, eg obligation to work based on an employment contract, no negative history in BIK, high creditworthiness. Added to this is the need to visit the ward. And what if we have a cold or just don’t feel like meeting the world, be it with a loan consultant or a bank employee? The ideal solution is to use the offer of lending companies on the network, for example Lite lender. All you need to get a loan here is: ID card, mobile phone and bank account. We can do everything without leaving home, we will receive the decision immediately, and cash within 15 minutes of the decision. No bank will beat that time. Nor will it borrow a low amount. And it happens that this is what we need. The offer of Lite lender includes loans from just USD 200.
A non-bank loan means more time to choose
Imagine that no one stands above you and asks “can I help you with something?” You don’t have to decide on anything, and you have as much time as you need to make a loan decision. Sounds like a fairy tale? And yet it is real. By taking an online loan, you can carefully review the company’s offer and compare it with other offers. In institutions that provide offline financial services, you do not have such a possibility, because you have an agent next to you who depends only on the implementation of your sales plan, and not on your needs.