An online credit card is a quick and easy way to solve temporary financial difficulties. Previously, in order to get a loan, a potential borrower had to go to a bank branch, fill out a long application form, providing exhaustive information about himself, his place of work, financial condition and relatives, and then languish for another hour and a half in anticipation of an answer on a loan application . With the development of the lending market in Ukraine, microfinance organizations (MFIs) began to appear, offering Ukrainians an alternative to bank loans - so called short-term microloans, which you can draw up and calculate on the Internet at the site of the payment service Portmone.com.
Today, over 600 microfinance companies and services are represented on the Ukrainian market, and their number continues to increase. This is facilitated by several factors that can be safely attributed to the advantages of MFIs:
Using microloans, clients can be sure of the absence of hidden fees and commissions, while the bank may be silent about compulsory insurance and the amount of commission for servicing a loan and depositing money into a current account.
Unlike banks, MFIs put forward less stringent requirements for potential borrowers. The opportunity to apply for a loan is available to any Ukrainian between the ages of 18 and 65, without having to provide guarantor contacts (assume responsibility for repaying the loan if the borrower cannot do this) and there is no need for an official salary. In addition, credit organizations guarantee a loan in 95% of cases, that is, the number of failures is minimal.
All microfinance organizations provide their services 24/7. This means that you can take an online loan in Ukraine at any time of the day, regardless of your location. MFIs also provide round-the-clock support to their clients.
A user who has applied for a consumer loan through the Portmone.com website, on average, receives a decision within 10-15 minutes. For comparison, consideration of a loan application in a bank can take from several hours to several days, so a microloan is an ideal solution for those who urgently need money.
After receiving a positive response, the client does not need to sign a stack of contracts - the money is automatically credited to his bank card. The only condition is that the card must be valid.
MFIs offer their clients the opportunity to extend the loan term, and in most cases the number of prolongations is unlimited (the main thing is to pay interest on time).
The disadvantages of microloans are considered:
The cost of a loan in an MFI is much higher than a bank loan. This is due to high risks of loan defaults. However, microfinance companies often hold shares that allow them to get an interest-free loan.
The minimum loan term is 30 days, while the maximum - rarely exceeds 3-12 months.
MFIs rarely provide loans in excess of UAH 15,000–20,000, and when it comes to the first loan, the amount may not exceed UAH 2,000–3,000.
If the loan is not paid on time, the MFI will charge interest, which may vary between 2-5% of the amount of the loan for each day of delay. It is also worth remembering that unpaid loans on time can lower the credit rating and even become the reason why the borrower will be prohibited from traveling abroad, and this will have to be regulated in court.
The Portmone.com website contains offers from only proven and well-established microfinance organizations. Among the best partners are:
The fastest and easiest way to fully repay or make a planned loan payment is to use the services of the Portmone.com service. To do this, you need to perform just a few actions in the system:
Portmone guarantees the confidentiality and security of payments, which is confirmed by the presence of the international PCI DSS certificate.
Portmone.com does not provide lending services. This is a resource that provides information about loan offers throughout Ukraine, potential borrowers can use the service to find, compare and choose suitable options. Portmone.com does not control and is not responsible for the actions and data of credit organizations. The resource receives official information on loan conditions from representatives of microfinance players.
If you need to obtain detailed information about loans and their conditions, as well as if you have any questions or difficulties in the process of obtaining a loan, please contact the organization that provides this service.
Before using the service, we recommend you carefully study the conditions of each loan in order to choose the right one. In addition, before signing an agreement with a microfinance organization, be sure to familiarize yourself with all the details and conditions of the operation. This will help to avoid misunderstandings in the future.
Please note that some credit organizations may charge increased fees if the borrower delayed or missed a loan payment.