A review of quick loans – May 2018

As part of the “FREE LOAN” promotion, the first loan is free provided it is repaid on time. The cost of another loan of USD 400 for 30 days is only USD 109.84.

Possible amount of the first loan

money

The possible amount of the first loan is from USD 100 to even USD 1,500, and the repayment period is up to 2 months. A larger loan limit (up to USD 7,000) and a longer repayment period (up to 12 months) are foreseen for regular and repayment customers.

The lender checks the information appearing in the registers: A loan for persons from 18 years of age. The customer can confirm the bank account number using the Instantor application.

Actual Annual Interest Rate (APRC) 0% under the following assumptions: total loan amount USD 1,500.00; total amount to be paid USD 1,500.00; variable interest rate per year 0%; total cost of the loan USD 0, including: commission USD 0, interest USD 0; 2 month period, 2 monthly equal installments of USD 750.00 each.

The calculation was made as at March 6, 2018. on a representative example. In the absence of timely repayment, costs will be charged in accordance with the Loan Agreement or

Installment Loan Agreement.

cash

A representative example of a loan not covered by the Terms and Conditions of the ‘Free loan I’ promotion. Actual Annual Interest Rate (APRC) 741.96% under the following assumptions: total loan amount USD 1,500; total amount to be paid 1950.04 USD; variable interest rate per year 0%; total cost of the loan USD 450.04, including: commission USD 450.04, interest USD 0; 2 month period, 2 monthly equal installments of USD 975.02 each. The calculation was made as at March 6, 2018. on a representative example.

Honest Bank – As part of the promotion, the first loan is free. The cost of another loan with the same parameters (USD 400, 30 days) is USD 80.00. The amount of the first (free) loan from USD 100 to USD 3,000. The limit for regular customers is USD 7,500.

The lender checks the information appearing in the registers: The lender does not require income proof documents. A loan for persons aged 19 – 78 years. As part of the recommendation program, Honest Bank pays USD 30 for acquiring a new borrower.

Across Lender – As part of the promotion, the first loan is free. The cost of another loan with the same parameters (USD 400, 30 days) is USD 80.00. The amount of the first loan from USD 100 to USD 2,000. Under the next loans, the client may receive up to USD 4,000.

The lender checks the information appearing in the registers. A loan for persons aged 21 – 65.

money

Good Credit – As part of the promotion, the first loan is free. The cost of another loan with the same parameters (USD 400, 30 days) is USD 98.00. The amount of the first loan from USD 100 to USD 1,500. Under the next loans, the client may receive up to USD 4,000.

The lender checks the information appearing in the registers: A loan for persons aged 20 – 72 years. The lender may require account statements for the last 3 months. As part of the recommendation program, the company pays USD 50 for acquiring a new borrower.

Cheap Loan – As part of the promotion, the first loan is free. The cost of another loan with the same parameters (USD 400, 30 days) is USD 100.00. The amount of the first loan from USD 200 to USD 3,100. Under the next loans, the client may receive up to USD 6,000.