Sometimes a loan is the only way out of a difficult situation – usually we usually turn to the people closest to us – family and friends. However, this is not always the best solution; it is worth considering the fact that our loved ones will not always be able to help us. What can we do then?
Although we have a special trust in our family, we do not always have to ask her for financial help, especially when it comes to small expenses. This is especially true for young people who are generally afraid of making independent commitments. However, it turns out that taking advantage of a non-bank loan offer can be a much better solution.
Loan: learning independent commitments
Young people, even after becoming independent, often seek help from their parents or relatives. This is undoubtedly a convenient solution, but it should be taken into account that people close to us have their own expenses – when we borrow money from them, they usually have to change their existing plans, such as refurbishing an apartment or buying new home appliances.
For this reason, it is worth considering a financial loan from another source first; one solution is to turn to lender. In this way, a young person learns to take independent financial obligations, which may pay off in the future, eg in the case of taking out a mortgage or a car loan.
When should you consider a loan?
A non-bank loan is a great solution for people who need a small amount of money for a short period of time. The reasons for entering into a commitment may be different – a dream of a trip abroad, the desire to buy the necessary home appliances for a new apartment, or a family celebration, such as a wedding or a christening party.
Most often, additional expenses are associated with an unexpected situation that could not be taken into account when planning your home budget, and therefore an additional financial injection is also needed. A non-bank loan then allows you to cover the necessary costs without losing financial liquidity, and in addition allows you to remain independent.
Loans: what is worth knowing about them?
If you decide on a non-bank loan, it is worth getting acquainted with lender’s offer. The company offers two types of loans – short-term and installment. The offers differ from each other in the maximum amount that we can get under the loan, as well as the repayment period and the total cost of the service.
In the case of a short-term loan, we can get up to USD 2,500. However, this applies to customers who have already used the services of lender (for new customers the maximum amount of liability is USD 1,500). The cost of a short-term loan for new customers is only USD 10, and the repayment period is 60 days.
As for the installment loan, the maximum amount that customers can get in this case is as much as USD 20,000. At the same time, the repayment period is longer – the customer can enter into a commitment for up to 60 months. The cost of the loan can be easily checked using the sliders on the lender homepage – all you need to do is select the amount and installments you are interested in and the total value of the commitment will be displayed.