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.
Many microfinance companies require a personal appearance to receive a cash loan. As a rule, this is inconvenient, so some microfinance organizations, in order not to waste their clients’ extra time, provide a service for delivering a cash loan to the client’s home address.
After your application is approved, a specialist will come to you, give you the amount in cash and offer to sign an agreement. You can find out where you can urgently apply for a home loan on this page.
Here you can find information about MCC and IFC, where you can compare their conditions, and then send an application to the website of the company that interests you.
What is a home loan?
A home loan is an MFO service through which a specialist travels to the client’s home address or other address to conclude a loan agreement and provide cash.
You can borrow no more than $100 thousand for a period of up to 1 year at 0.8% per day.
Types of microloans for home
There are three types of home delivery loans. The first is a visit from a specialist to discuss details and conclude an agreement. If the loan is approved following the interview, the organization’s specialist will go for cash in order to deliver the money to the client. This method is not the fastest, but this way you can get a microloan without the possibility of transferring money
The second method is that the courier issues the borrower a new, unnamed card and a debt repayment schedule. Then an SMS arrives and funds are credited to this card.
The third option is to remotely submit a loan application online or by phone. A company representative comes to the borrower after the request has been approved, enters into an agreement and transfers the money in cash. Not all microfinance companies provide such a service. There may also be geographical restrictions – not every locality has courier delivery services from MFOs.
What are the benefits of online microloans?
- Quick microloan processing
- Possibility to provide a cash loan
- Loyal attitude of companies towards borrowers
- Ease of concluding an agreement and receiving money
- Large selection of offers