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.
Credit card loans online
If you urgently need to pay off your credit card debt, you can apply for a microloan. This way you will quickly pay off your debt and avoid possible problems. An application for such a loan can be submitted online on the IFC and MCC website. Here you will find out which organizations issue microloans on credit cards. When choosing, consider the amount and term, interest rate, requirements for borrowers and other conditions.
Advantages
After paying off your credit card debt, you can use it to make cashless payments for any purchases.
If the card combines credit and debit, then you will receive the balance in an account that contains your personal funds
Flaws
Banks always charge a commission for withdrawing cash and transferring money from such a card.
The interest rate of a loan is always higher than that of a credit card
Not all MFCs and MCCs accept credit cards for issuing money