In this case, some Loan and Credit staff will bring you money to your home. This can be an interesting loan for someone who needs to quickly get cash in cash and without unnecessary paperwork. But this quick cash loan has its own.
Loan and Credit quick loan without registry and cash
The basic parameters of this loan from Loan and Credit are as follows: the loan amount can range from USD 4,000 to 5,000,000.
The maturity period can be set to 11 – 15 months. The basic interest rate is 63.91%. Loan and Credit does not charge a fee for providing or maintaining the loan.
Why not borrow from Loan and Credit
The interest rate on this loan is considerably higher than that of a regular bank loan (or even a non-bank loan). This loan is one of the more expensive ways to borrow money.
Another potential disadvantage for those interested in loans from Loan and Credit may be that the repayment of this loan is made once a week (for bank loans it is usual to pay the installments only once a month).
Why borrow money from Loan and Credit
The big advantage of this loan from Loan and Credit is its availability. Almost everyone can borrow money. Even the one who has very low incomes, or the one who has some outstanding debts for loans to the bank. If you do not owe Loan and Credit money and you have at least some minimum regular income, then this non-bank company will almost certainly lend you the money.
While in a bank or elsewhere they would refuse you, Loan and Credit lends the money. This is probably the biggest advantage of this cash loan. Another significant advantage may be that you can get the money in cash, on your hand. Again, this may be useful for someone who has temporarily blocked a bank account from a bailiff or other financial problems.
In summary, although the parameters of a Loan and Credit loan are certainly not among the most advantageous, for someone who has no other way to borrow money, this can be an interesting offer. The only thing to be careful with this Loan and Credit loan is that you do not get into even greater financial problems due to higher installments.