If you need to take an online loan urgently, then you have come to the right place, since such microloans are the main function of this application. Before proceeding to the description of the details, we will briefly talk about the relevance of lending in this format and summarize its advantages. Install and get your first loan.
Relevance examples
There are a huge number of cases in which a certain amount of money may be urgently required. Let's say you are faced with the need to pay for a doctor, the impossibility of paying for a rented apartment, the need to purchase a particular product (or food). Often the situation is caused by a sudden loss of a job, in other cases - an unexpected incident, the resolution of which requires financial costs. In most cases, we are talking about getting money before the next paycheck - a small amount that is urgently needed and which you will soon be able to return. Loans online - fast and easy
The need for microcredit arises because it is sometimes impossible to get a “traditional loan” from a bank (now it is much more difficult than five years ago). In addition, often there is a need for a not too large amount, which is why it is not advisable to spend time going to a banking institution and proving your own solvency. It is in such a situation that it becomes relevant to receive a small loan through applications, when all bureaucratic red tape is reduced to a minimum. All that is required of you is to competently fill out an application in the application "Urgent money before salary" and wait for confirmation. Borrow money through the application without refusals!
Application Benefits
The key advantage of loans in the application is the speed of obtaining an online loan on a card. If the situation is urgent and you really need the money urgently, you can save a lot of time. Also, among the advantages, one can single out quite flexible conditions regarding terms and interest rates. You can receive money in the most convenient way - just indicate your bank card number.
A transparent agreement allows you to clearly understand the situation with further repayment in advance. Just in case, let's point out a fairly obvious fact: if your financial situation is uncertain and you are not sure that you will be able to return the amount borrowed, you should think about alternative ways to get money. As already mentioned in the text above, the application is primarily focused on lending to people who soon plan to receive a salary and thereby close a debt obligation. Online loans
Requirements for the borrower:
- Over 21 years old
- Passport or identity card
- Bank card
Conditions for obtaining an online loan:
- Loan term from 62 to 221 days
- A loan in the amount of 5000 to 30000 ₽.
- Minimum interest rate 0.1% per day
- Maximum interest rate 1% per day
Annual effective interest rate (APR) is not more than 365% per year.
An example of calculating a loan on a card:
An online loan in the amount of 23,000 ₽ was issued for 101 days. The interest rate is 0.9% per day.
The amount of interest on the loan is 20907 ₽
The amount of the monthly payment will be 10977 ₽ The
total repayment amount will be 43907 ₽
Calculation formula 23000 ₽ + ( 23000 ₽ * 0.9% rate per day * 101 days ) = 43907 ₽
TFR (full cost of the loan) in percent is 91%per annum.
Consequences of non-payment on the loan:
In case of violation of the terms of payment of an online loan, the amount of the penalty may be 0.4% of the total amount of delay per day, but this amount of penalty cannot exceed 10% of the entire loan.
