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.
Most often, a microloan is issued for a short period of time – a few days or weeks. But there are offers with longer terms – under them, money is lent for several months. To apply for a loan, just leave an application on the IFC or MCC website. Here you can choose an offer that suits you from microloans for up to three months. When choosing, consider the amount and term, interest rate, requirements for borrowers and other conditions.
Advantages
As the loan term increases, the interest rate decreases
The debt amount is repaid in installments over the term
It is more convenient to borrow a large amount for a long term than for a short term
Flaws
Not all MFCs and MCCs have microloans for up to three months
Sometimes such offers are available only to regular customers of companies