This is a financing method that subsidizes the links with the entity, subtracting 1.50% in the interest rate for having the payroll or 0.50% when contracting payment protection insurance. Fine Bank offers another model that can be formalized online, such as the “Effective Loan”, which allows you to endow with up to 15,000 dollars , without opening or study expenses and with an immediate payment in your account. It involves a repayment period of up to 5 years.An advance of up to 60,000 dollars An entity that operates exclusively on the Internet, Binary Lender, includes in its new offer the “loan”, to request an amount between 600 and 30,000 dollars can be requested, to be paid in a maximum term of 8 years, to which an annual interest rate of 12.95% is applied., applying an interest rate of 13.50%, and with a single commission, the opening, of 3% (with a minimum of 60 dollars ). You can choose a term of up to 5 years so that the quotas meet the needs of your claimants.
What do these loans provide?
- Faster access, which generally does not exceed a couple of days since your request, and with the decrease in administrative procedures.
- They are comfortable to formalize since it can be hired from the home computer or the laptop, only with the bank password.
- The maximum amount that can be demanded is slightly below that granted by other more conventional financing channels.
- The reduction in interest rates applied by banks is not excessive, and in any case it is reduced to a few tenths.
- It is more common for these online models to be sold free of commissions and without other administrative expenses.
- The physical relationship disappears, although traditional channels can always be used to solve any doubt the plaintiff has.
- It is a very dynamic offer that is constantly being renewed to adapt it to the interests of its customers.
- The only requirement to access these credits is that they are contracted through an online entity, never in offices or by telephone.
- They have not excessively high repayment terms so that they can be paid as soon as possible and avoid over-indebtedness of customers.
Which loan suits you best?
If you are thinking of reforming your home, giving your business a change of look, or, you have to face any unexpected expenses this month, in Lite Lender we help you find (and find) the loan that best suits your needs. We do it through a completely free study and without any commitment.