Installment loans ranking - February 2021
Are you looking for an installment loan that you can apply for online? Do you care about the best conditions? You've come to the right place! We have prepared the July ranking of installment loans. In it you will find the best offers of non-banking companies from our comparison engine. Check it out!
Installment loan, the so-called a long-term online loan is a great solution when you urgently need additional cash. If your household appliances or electronics have broken down, you have to pay outstanding bills or you just want to go on a short vacation, you can use online financing.
The funds can be on your account even several minutes after receiving a positive credit decision. Applying and granting financing by non-bank companies is really quick and simple, and most importantly - you can do it online.
What amount can you apply for?
Depending on the lender, you can apply for an amount from $ 50 to 50,000 for a repayment period from 1 to 60 months . However, remember that the final loan amount depends on your creditworthiness . It is influenced by many factors, including:
- the amount of your monthly income,
- the type of contract you have signed with your employer,
- the number of your current liabilities in other loan companies or banks,
- number of people in your household,
- entries in debtors' databases.
Where to apply for an online loan?
You can submit one application at michaeldorf.org, and we will adjust the loan to your needs and possibilities. However, if you want to receive a loan from a selected lender, see our recommendations. In the table you will find loan companies that provide loans online. By clicking the Apply button, you will be redirected to the form that you should complete. Check which lenders we recommend this month!
Installment Loan Ranking: Apply Online!
Below we present selected offers that you can apply for on the michaeldorf.org website. As you can see, loans differ in the amount you can apply for, as well as the repayment period and loan costs - by choosing the right product, you can save up to several hundred dollars! What to look for when choosing an installment loan? First of all, for the additional costs that the lender has established. The most expensive issues are the granting commission and the operating commission, so always look carefully at these fees.
Loan amount: $ 2,000 - 10,000
Repayment period: 6 - 24 months
The product offer of IPF Polska Sp. z o. o. "Long Term Loan" is valid from April 1, 2020 and applies to a loan offered only via the Internet (online). Only new customers (consumers who do not have an active loan agreement with IPF Polska Sp. Z oo on the date of submitting the application) can use the "Long Term Loan" product offer, who will receive a positive creditworthiness assessment, meet the requirements for credit assessment and financial and payment credibility. The "Long-term Loan" product offer is available with a repayment period of 6 to 24 months, with total loan amounts ranging from $ 2,000 to $ 15,000. The level of non-interest loan costs for the "Long Term Loan" product offer is 0.42% per month (calculated on the basis of a representative example). The actual Annual Interest Rate (APR) is 9.81%, the total loan amount (without credited costs) $ 4,600.00, the total amount to be paid $ 5,063.68, fixed interest rate 0.00%, total loan cost $ 463.68 ( including: commission $ 347.76, interest $ 0.00, preparation fee $ 115.92), 24 monthly installments: the first 23 monthly equal installments in the amount of $ 210.99 each, the last 24 monthly installment in the amount of $ 210.91 $. The calculation was made on 10/09/2020 on a representative example of a Long-Term Loan
Loan amount: $ 5,000 - 50,000
Repayment period: 24 - 60 months
Representative example: Favorable loan: The Actual Annual Interest Rate (APR) is 30.85%, the total loan amount (without credited costs) $ 7,071.00, the total amount to be paid $ 10,625.60, variable interest 7.2%, total cost of the loan $ 3,554.60 (including: commission $ 2,404.14, interest $ 1,150.46), 37 monthly equal installments of $ 279.59, the last installment equalizing $ 280.77. Calculation as of May 29, 2020.
Loan amount: $ 1,000 - $ 150,000
Repayment period: 12 - 120 months
Representative example of 2 January 2018 for the Fit Loan: The actual annual interest rate (APR): 6.23%: the total loan amount is $ 47 880. The variable annual interest rate for the total loan amount including the credited costs (commission: $ 0, fee for two transfers: $ 120) is 6%. The term of the contract - 119 months, 118 monthly installments equal to: $ 536.19 and the last, 119th installment: $ 536.57. Total amount to be paid: $ 63,806.99, including interest: $ 15,806.99.
Loan amount: $ 500 - 5000
Repayment period: 1 - 30 days
Representative example for the first loan: The one-time registration fee is $ 0.01. $ 1,300 loan for 30 days; The Actual Annual Interest Rate (APR) is 513.89%; total loan amount: $ 1,300; variable interest per annum: 7.2%; total cost of the loan: $ 209.10, including: Commission $ 201.41, Interest $ 7.69; duration of the contract: 30 days; total amount to be repaid: $ 1,509.10. Calculation for May 29, 2020.
Loan amount: $ 1,000 - 15,000
Repayment period: 4 - 50 months
Actual annual interest rate (APRC): 78.07% for the total loan amount USD 4,000, contract duration 30 months, repayment in 30 monthly installments of $ 258.62 each installment, variable interest rate 7.2% per annum. Total cost of the loan $ 3,718.63, including: commission $ 3,182.61, interest $ 536.02. The total amount to be paid is $ 7,718.63. As of July 8, 2020
It is worth choosing an online installment loan to enjoy additional funds without leaving your home. Online inference is not only about convenience, however. Loan companies often prepare various types of promotions and bonuses for customers who have decided to submit an application online.
Which offer will you choose? ;)