The Loan and Credit non-bank loan without real estate collateral and without a register is intended for all who are interested in obtaining a quick loan in the amount of USD 40 – 300 thousand. This loan is non-purpose, which means you can use the borrowed money for any purpose.
Thus, the granting of a loan is not tied to any specific intention. This loan is non-bank, as opposed to a conventional bank loan, so you can expect a slightly higher interest, but other conditions of the loan from Loan and Credit can be more advantageous for many people. In general, non-banking companies also provide loans to risky clients, which banks usually refuse.
Conditions and parameters of the Loan and Credit loan
The loan from Loan and Credit (loan Loan and Credit) is from 40000 USD to 300 000 USD. The maturity of this loan can be arranged for 12 – 84 months (ie 1 – 7 years). For a Loan and Credit loan, no loan arrangement fee or credit management fee is required (as is often the case with banks for some types of loans). With Loan and Credit you pay only regular monthly installments according to the agreed payment schedule.
Other parameters of the Loan and Credit classic loan are standard. Insurance against inability to repay is offered, clients have the option of early repayment of the loan free of charge (without fees for early repayment). The minimum age required is 18 years and only standard documents are required (proof of identity and, where appropriate, proof of receipt).
Interest on the Loan and Credit loan (Loan and Credit loan)
The current interest rate on the Loan and Credit loan (Loan and Credit loan) is set at 14.52%. In addition, if you decide to take out insurance against inability to pay for this loan, you will also pay 7.99% per month of the monthly installment.
Arrange a loan online or by phone
If you are considering a loan from Loan and Credit, then you may be interested in arranging everything you need online or by phone. On the Loan and Credit, you can fill in an online loan application and then deal with everything you need with the employees of this credit company over the phone.
Who pays off the Loan and Credit non-bank loan
Given the higher interest rate (as is usual with a normal bank loan), the loan from Loan and Credit will pay off to those applicants who are unable to obtain a loan approval from the bank (either due to lower documentable income or due to entry in the bank register).
The advantage of the loan from Loan and Credit is primarily that the company does not verify the applicant’s financial history in the bank register. At the same time, it also has lower income requirements than banks require.