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.
Loans without a card
Is it possible to get a loan without linking a card?
If you need to apply for a loan, but you do not have a bank card to which you can transfer it, then you can use other application methods. For example, through an electronic wallet, money transfer or at the office of a microfinance organization.
An electronic wallet is suitable if you need money for non-cash payments. Money transfer – if you need cash. Registration in the office – if it is not possible to leave an application online.
Conditions and requirements for the recipient of a loan without card confirmation
A loan without reference to a bank card can be obtained citizens over 18 years of age. For registration you will need your passport details and phone number.
The conditions for obtaining a loan depend on:
- Amounts and terms
- Selected credit institution
- Results of solvency analysis by an automated system
Also, for loans without a card linked, standard conditions apply:
- If you order a small amount, the money is returned once
- If the loan is taken out for a large amount, the payment is divided into several parts and paid monthly or weekly
- When paying interest on the loan, the term of the agreement can be extended
Advantages
It is easy to register a wallet in electronic payment systems, and with its help you can pay for purchases on the Internet or top up your mobile phone balance
Using a money transfer, you can receive the required amount in cash at one of the service points of large systems
When you apply for a microloan in the office, you will receive an agreement where the conditions will be specified, and you will also be able to immediately clarify your questions with the manager
Flaws
It is difficult to get cash using an e-wallet. For their withdrawal by money transfer you will have to pay a commission
The transfer may take 1-2 days to reach your service point, during which time interest is sometimes accrued
Not all MFCs and MCCs have offices to serve clients, and sometimes they are located only in large cities