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.
Where can a person with disabilities get money?
Applying to banks is a rather complicated process due to high requirements for borrowers. The reason for refusal may be age, lack of official work, or low income. Of course, strict requirements apply to all categories of citizens, including people with disabilities. Large and well-known banks do not accept loan applications from group 1 disabled people. Disabled people of groups 2 and 3 can count on receiving a loan, but subject to certain requirements. For example, a loan can be issued if there are guarantors. An able-bodied relative or close friend can become a guarantor. Often in such cases, a loan is given on collateral, and they are also required to take out life and health insurance.
It is quite difficult to meet such conditions, which is why many borrowers hesitate to take out a loan. In this case, microfinance organizations come to the rescue. You can borrow money from well-known microfinance organizations at low interest rates. Below we will tell you how to do this correctly.
Chances of getting a loan with a disability
It doesn’t matter what the borrower needs money for – an examination, expensive medications and procedures, groceries, or a gift for a loved one. Microfinance companies are ready to provide loans on favorable terms.
It is possible for a person with disabilities to receive money quickly and without problems. Just go to the website of the company you like and fill out a short form. You don’t need to leave your home; you can get a loan online. The only documents you will need are a passport. Select the loan amount and loan term. Typically, loans can be taken out for up to 30 days. In some cases, for large amounts, loan terms can be extended to a year.
After filling out and sending the form, wait for it to be verified. The borrower will receive a positive decision via SMS message. After this, you need to attach a card and the money will be transferred to it within a couple of minutes.
You can get a loan instantly around the clock. Microfinance companies operate 24/7 without holidays or weekends.
How to Increase Your Chances of Getting a Disability Loan
How to increase the chance of getting a loan on a card for disabled people? First, you need to pay your debts on time and not have any outstanding debts. A bad credit history reflects poorly on a borrower, reducing their chances of getting a loan. But even if it is available, you can also try to apply for a loan. Secondly, when filling out the form, carefully check all the data. If the data is filled out incorrectly, the loan may be refused.
It should also be taken into account that even if a potential borrower has received a loan refusal, he can try to apply again. Resubmission of an application is usually possible after a month.