Interest rates on instant microloans are several times higher than in banks, so you should only apply to them if you are denied a loan or if you need a minimum amount of money for a short period of time.
When choosing a profitable microloan , pay attention to the following:
When you need a one-time microloan of up to 10 thousand rubles for 8-10 days, contact companies where you can get your first loan for free (without interest), for example, Money Men, Bystrozaim.
If you plan to become a regular client of the lender, it is better to choose those companies that provide preferential terms to their regular borrowers for second and subsequent microloans, for example, Money Man.
If you need funds in the amount of 100 rubles or more without registration, borrowed funds can be issued by EKapusta, Assistance.
MFIs give maximum loan amounts only to verified borrowers, the transaction amount can be up to 1 million rubles only on the security of the vehicle title, initially the maximum loan amount that can be issued is up to 15-20 thousand rubles.
Before applying for money, you should pay off all active delinquencies; this will increase the likelihood of the transaction being approved.
How to get a microloan from an MFO on Sravni
To take and apply for a microloan, you need to follow the instructions below:
Step-by-step instructions for registration
Study the list of MFIs presented on the page and poland number for whatsapp options for obtaining a microloan.
Selecting the best option for obtaining a microloan using the criteria that are relevant to you - interest rate, amount, term and speed of application review.
Filling out a microloan application with bank card details and personal information about the borrower.
Submitting an application to the credit institution selected for cooperation.
Waiting for a decision on a microloan.
Execution of the contract with subsequent signing with an SMS code.
Waiting time for a response to an application
Most MFIs review applications received within a few minutes, less often - 1-2 hours. If no response is received within the specified time, you must either contact the creditor employee yourself or contact another microfinance organization.
How to increase the chances of your application being approved
Microfinance loans differ from bank loans by a much higher probability of approval of the application for a microloan. To make it even higher, it is necessary:
indicate in the application only verified and reliable information;
confirm the borrower’s solvency and official employment;
provide collateral, preferably something valuable and liquid, such as a car.
Convenient opportunities to get a cash loan
An important argument in favor of the decision to apply for a quick microloan is the ability to choose several options for receiving money. Among them: