The microcredit company FinaGuru issues short-term and long-term online loans to individuals. The organization does not have a branch network; it operates remotely via the Internet.
Creditnice is a microfinance company operating since 2013. It specializes in loans with online processing, including to pay for purchases from partners; it also issues virtual credit cards and provides credit lines.
Microfinance organizations are loyal to borrowers, even if they have problems with payments on other loans or credits. These MFOs issue microloans even to the unemployed with a bad credit history and help pay off existing debts. This offer will be useful to those who have been refused by the bank and need money urgently. Payment can be received practically without refusal by card or in cash on real favorable terms. You can apply online at any time.
Maximum number of debts
When issuing loans in the amount of $10,000 or more, the company is required to check the borrower’s debt load. This is the ratio of the client’s income and his monthly expenses to pay off the debt. Adequate assessment of personal income tax helps to avoid excessive debt exposure.
Typically, obtaining a microloan to refinance other loans is possible if you have up to 10 open obligations. The total amount of debt is more important. If you have large debts, you will not be able to take out a new loan.
Is it possible to cover debts with another loan?
How to get a loan for debtors with arrears on the blacklist to pay off the debt? Even if the situation seems hopeless, you can always find a way out. No one will guarantee 100 percent approval, but it’s worth trying to cover the debt with a new loan. This way, you can get rid of several obligations and pay one lender, reducing the size of your monthly payment. This will help prevent the matter from leading to litigation and forced collection of debt.