What is an unsecured loan?
Healthy market competition between financial institutions and legal state regulation of the personal lending system have introduced a number of positive aspects for ordinary consumers. And the main one is the opportunity to take a loan without collateral and even guarantors. To do this, the future borrower will not have to:
- Waste time visiting bank offices.
- Carefully study the advertising offers available online to select suitable conditions.
- Collect an impressive package confirming the solvency of documents for submitting an application.
- Expect approval with a high probability of refusal up to 10 banking days.
Simply open an independent information portal “Compare” and study the information presented on its pages. Access to the resource is free and does not require prior registration.
How to use the site
On the page: “Loans for individuals without collateral” - current offers from various banks are presented on the day of publication. All establishments are legal and have an official state license. The information has been verified for accuracy by the site administration. Selection algorithm:
- Offers from banks are presented in the format of small advertisements with brief information.
- The user selects the option that suits him, for example, without proof of income or with the lowest possible rate
- Study the bank’s rating based on customer reviews.
By clicking on the name of the financial institution, the borrower goes to the bank’s official website and can make accurate calculations using the interactive calculator.
What to remember
Using the Internet resource “Compare”, the client can simultaneously submit applications for a loan to several banks at once. Then select the appropriate option from among the approved ones. The rules for online registration are quite simple, but there are several points that should be clarified in advance:
- Possibility of extension or early repayment.
- Options and conditions for refinancing.
- li>Penalties for late payments.
- Possibility of using terminals or mobile applications for payment transfers.
You can get reliable information about all the listed details in the information section of the “Compare” website. Communication with in-house experts is carried out through social networking groups.