It is not a problem to find a loan, because there are a lot of them, and you can almost stumble on their offers on the street. Which of them will, however, be the most suitable and adapted to the needs and possibilities of subsequent repayments? It would be best to get a loan without costs, right?
What do Poles borrow for?
Money is borrowed for various purposes. Most often these are repairs or other current needs, e.g. the appearance of a child, purchase of a newer car. It should also be remembered that purchases in installments, e.g. in electronics stores, are also concluded on the basis of loan repayment with a cooperating loan company.
It also happens that the loan is taken in connection with declining health: the need for private treatment or reporting on the road, a non-refundable operation does not leave many options but to use the services of a loan company.
Unfortunately, there are also cases which are not worth taking an example, and these will be loans taken out to pay off other debts. This is quite a big problem resulting from negligible financial education.
You can come across loan offers everywhere: on the street, in the press, on the radio, on TV, on the Internet. Does this mean that there is such a huge demand for loans or maybe the industry just wants to create such an impression on potential consumers?
It turns out that loans are very popular and Poles use the services of loan companies very willingly – and do not deter their costs. Why?
The loan can be given once, and it can be split into convenient installments. Thanks to this, you do not feel that the service is subject to additional costs, which are inevitable, because every loan company must earn something. Additional fees may be higher or lower, so before choosing a payday loan or installment loan, it is worth checking exactly how much it will cost us.
Types of loans
The easiest way to divide your loans will be to divide them into payday loans and installment loans. The former are granted on a short-term basis (usually for 30 days) and these are not high amounts. The latter relate to rather distant repayment terms (even several years) and higher amounts, reaching up to PLN 25,000 or more.
It is very important to choose the loan amount and repayment date to suit your needs and possibilities. If money is needed for immediate renovation, accurate calculation of its costs and views on debt repayment will be crucial. Why borrow PLN 7,000 if you only need PLN 5,000? There is no reason to be charged the extra costs of paying off a larger loan.
Where to get loans
There are many options and get out when you need a loan. Of course, one of them is asking for support from family or friends, but it can be risky – many acquaintances have fallen apart due to financial disagreement. You can also try to apply for a loan in the workplace if your employer offers this option. What if not? There are also loan companies and their promotions!
Loan without costs
Is it possible to take a loan without costs? Yes, if you look good and … you’re lucky. Apart from the money received from someone in the immediate vicinity or the employer (these usually do not involve any additional costs), you need to look for special offers of loan companies.
First of all, the most depends on the amount you need. If it is in the range of up to PLN 1,000, the chances of a free loan increase, provided that it will be returned in about a month. Payday loans usually offer a loan without costs.
Cheap installment loans
It happens that it is not a small amount and a larger amount is needed. Can you count on a free loan in such a situation? Unfortunately, the chances are small. However, you can find a cheap installment loan that will not strain your home budget.
Installment loans in Monedo
One of the better and cheaper installment loans are those granted at Monedo Now . If you look at the monthly rankings of the Loan Portal, this company is always at the forefront and for good reason.
The biggest advantage of Monedo is the wide range of amounts you can apply for: from PLN 1,000 up to PLN 20,000! Another plus is reasonable installments: even from only PLN 100 per month. Customers also pay attention to easy access to the service, because all they need is an ID card and an open bank account. Not only that, Monedo sends the decision to grant a loan in just a few minutes!
Opinions about Monedo
Opinions about Monedo can be read on the Loan Portal in the tab “Opinions on installment loans for companies” or easier: by clicking on the link provided in this entry. There is a full description of the services offered by Monedo Now, a link to the company’s website, as well as customer reviews left under the article. It is worth to read them!