Category: Uncategorized

But why a small loan?

by Michael Ezell

Today everyone who needs money, a person can turn to one of the loan companies and formalize one of the consumer loans. Why do many prefer to stop their choice of small loans? There are reasons for this:

Great amount of loan.

Great amount of loan.

Unlike fast loans, the amount of the loan if the small loan amounts are not limited to 1-3 thousand euros, which is very often insufficient to implement all the tasks and planned plans. If the borrower's income is sufficient, if he has a good credit history, companies can agree on the amount of the loan in the amount of up to 10,000 euros.

Small loan in Estonia without reference to income.

Small loan in Estonia without reference to income.

For formalizing a small loan there is no need to order proof of income because many loan companies do not require it to offer. This is very convenient and does not result in additional damage time, which means that the borrower can get his money into the bank account even faster.

At least documents.

At least documents.

Like any other consumer credit, a small loan does not involve giving the lender many documents. All it takes is a simple identification of your passport and your application for a loan can be completed online.

Deadlines for a loan are favorable for similar terms as quick loans. Small loans are issued for more time and this gives borrowers additional benefits. Since the credit burden in this case is lower, the borrower can agree on a higher amount of loan, yes and back with monthly payments it is much easier.

In addition, the interest rate on small loans is somewhat lower than on fast loans. To formalize a small loan you can quickly get through the Internet, but if you first use the services of a credit institution, you need to go through the mandatory logged in