Lending companies offer their products through credit consultants who visit their clients, we have about one thousand of them and try to offer every client the best.
This association also promotes compliance with the Code of Conduct for member companies. It is also part of the Association for the Protection of Leases and Consumer Credits, which manages the register of debtors, where its members can verify the creditworthiness of credit applicants.
Credit for employed and retired people
The main products include an online loan, which you can easily set up via the Internet. Interesting is also an employee loan, which is intended for persons with a steady income, pensioners and people receiving parental allowance.
The amount you can borrow varies from 10 thousand to 166 thousand and up to 130 thousand it all can without a guarantor. You will receive cash on your account and everything is secured by a bill issued by the client when signing the contract. You will be repaid from 12 to 48 months and you have to fulfill several conditions. You must have a regular monthly income, at a higher amount you must have a guarantor and of course you must be of legal age.
What do you need for a loan?
You will need copies of your ID if you need a guarantor, as well as his / her original employer’s confirmation of income, a copy of the pension assessment for withdrawals, documents proving any additional income, proof of at least one of the so-called contact documents such as SIPO electricity. The advantages of such a loan include that for a loan of up to 130 thousand you do not need a guarantor and you do not even have to state the reason for the loan. All you need to do is to confirm your employer’s income and if you pay properly according to the repayment schedule, you are entitled to revolving, which means that you can borrow additional funds.
Credit for entrepreneurs
Business loans are intended for individuals and legal entities and are a solution in situations where it is not possible to get a loan at the bank. Security in the form of collateral is a necessity. The entrepreneur may have a debt to the state and this debt will be paid if the loan is approved.
Maturity for business loans is from one month, which is an advantage if you need a bridging loan. The loan amount is from 50 thousand dollars and no fees are paid. The maturity can be adapted to the requirements of the borrower.
The conditions for credit approval are individually assessed with respect to the applicant’s economic situation. The application must be accompanied by a copy of the identity card for natural persons (even a spouse’s document), for a legal entity, copies of the identity cards of statutory representatives of the company. In addition, you must attach a bank account, a copy of a trade license or a license for the main business activity, and there is much more.
Advantages and disadvantages of non-bank loans
Although non-bank loans seem to consider speed and less paperwork to be their greatest advantage than conventional banks, sometimes they do not. The advantage is that the loan is free of charge and each loan is individually assessed according to the creditworthiness of the client. Another advantage is that it is not necessary to provide the business plan or the expert opinion on the documented assets.
If you decide to take a non-bank loan, you should be familiar with the contract, however long it may be. Take it to your solicitor, who can read it at ease, and who, in various formulations, surely knows better than you. You have nothing to be ashamed of if you are not in the banking environment, it is clear that you will not understand everything immediately.