The term non-bank loans refer to loans granted by non-bank institutions, the so-called Good Finance. Only a natural person, private person or company can be a creditor. This statement assumes that he cannot be a representative of any financial institution or office.
Financial products offered by non-bank institutions are primarily loans. The loan amount is lower than in banks, and the loan period is short.
However, the advantage of non-bank loans is that they are easily accessible to everyone, because often Good Finance does not check GFI and GC databases, and also do not require income documentation. There are several types of non-bank loans:
- payday loans – a loan for a small amount with a short repayment period, repaid in one installment
- installment loan – they are incurred for higher amounts with a longer repayment period, they can be used for any purpose;
Where to take a non-bank loan?
A non-bank loan is best taken in trusted Good Finance. Before concluding a contract with a creditor, it is worth analyzing carefully all costs of granting a cash loan. It is worth reading the ranking of payday loans on websites.
Online non-bank loans – how to get them?
It is possible to take an online loan in Good Finance. The online application must provide your basic details, such as your name, surname, permanent address, as well as the loan amount and loan period. Most Good Finances require permanent registration in Poland and Polish citizenship as a prerequisite for obtaining a loan.
The condition is also exceeding the borrower’s age to be able to apply for a loan – this is usually 18 or 21 years old. Some non-bank institutions set an upper age limit up to which consumers can take a non-bank loan online.
When applying online, you must have an ID document and a valid bank account to which the money will be borrowed. Identity verification is done by paying a symbolic amount transfer from our account to the creditor’s account.
How do you find cheap non-bank loans?
Where can you find cheap non-bank loans? There are many offers of Good Finance, and the costs of obtaining a loan differ significantly. However, most Good Finance offers a favorable cash loan option for new customers. It is possible to get the first loan for free – in practice it means that we pay back as much as we borrowed.
However, the maximum amount of a free loan is usually very low and amounts to several thousand USD ( Good Finance offers a free loan of up to 6000 USD).
If we want to take advantage of the normal conditions of a non-bank loan and want to choose the most favorable offer, it is worth reviewing the ranking. The rankings are dominated by such Good Finance.
Non-bank loans without certificates – is it possible?
Banks decide to obtain a loan by checking our credit standing – that is, financial possibilities. However, if our creditworthiness is small, we have no chance to get a cash loan from a banking institution. Non-bank loans without certificates may be an alternative .
However, not every parabank grants such a loan, because most of them under the deceptive slogan “bank loans without certificates” require the borrower to document their income – it can be a contract of employment, a contract of mandate, a pension, a pension.
Non-bank loans without bases: GFI and GC
Credit claims are nothing more than our credit history, i.e. timely or late repayment of loans, number and type of loans repaid, credit card debits. For those who have a negative credit history in the GFI and GC databases, it will be difficult to obtain a non-bank loan, where information is checked in these registers.
In this situation, it is worth reaching for non-bank loans without GFI and GC, because then we have a chance for a positive consideration of the application by the parabank .
Such a solution may be the only chance of salvation for those who need cash urgently and quickly, but have no chance of obtaining it in institutions where the borrower’s databases are checked.
In fact, there are very few such offers and 99% of Good Finance check the GFI and GC database in order to make a loan decision.
Private non-bank loans – what are they about?
Non-bank loans involve taking on a financial liability for any purpose. Usually these are small amounts with a short repayment period, however there are exceptions such as offers of Good Finance, where the amount reaches 25,000, which is a large sum when it comes to the offer of Good Finance.
Usually, the decision to make a non-bank loan is made on the same day, and the cash goes to the borrower’s account the next day.