The Cheapest Installment Loan – Non-bank and Online

The loan we will reach through the loan company should be easily and quickly available and cheap to pay. Today I look at companies that can offer us the cheapest installment loan, and also without leaving home.

When looking for an installment loan, we have a choice of those available through the bank, as well as those offered by loan companies. Although these banks may have lower installments, on the other hand, these non-bank ones will be more easily available. Therefore, my task today is to find loan companies, in the offer of which the cheapest installment loan is available with formalities settled 100% online.

At one time, and it was a few years ago, I had the opportunity to publish a similar article on cheap non-bank loans. Has a lot changed since its publication? Which companies are currently able to offer us the best terms for borrowing extra cash? This is what I decided to check for you today.

Of course, to find such the cheapest installment loans was possible, it is necessary to set specific criteria that we will be guided by our search. So I decided that the main determinant would be the loan amount in the amount of PLN 5,000 with a 12-month repayment period. This will be our main determinant in looking for a cheap loan with monthly installments. We will check which company is able to offer us the lowest installment installment payment.

The cheapest installment loan – 5 companies with the lowest installment

The cheapest installment loan - 5 companies with the lowest installment

In the case of the first company there will be no special surprise. Zenga is a company that has to offer the lowest cost of installment loans from today. Not only that other companies are far from being in line with the Wongi offer in terms of costs, it can also be said that the company is also stomping on the heels of banks recently. If you check the real costs of Internet loans in several popular banks and then compare them with the Wongi offer, it surely turns out that the amount of loan installments is very similar. What’s more, the company has recently strengthened its offer, which I had the opportunity to inform a few weeks ago. Currently, the company can offer us cash loans in the amount of up to PLN 20,000 with a repayment period of up to 60 months. A promotional offer for new customers is still available in the company’s offer, under which the first loan for 60 days will be given for only PLN 10.

The requirements for obtaining a loan are not particularly large. You must be 18 or older, have current employment or other income (activity, pension, pension) and do not have any debts or delays in repayment on your account.

I have not found a cheaper installment loan in Zenga, unfortunately, in any other company. However, if you are still interested in the cheapest installment loan, then the second company you should check is Carriedo. The company has also been operating for a long time on the online loan market. The amount of the loan installment compared to the Wongi proposal differs significantly, but on the other hand, apart from Wong, I did not find a cheap loan offer. The Carriedo company is able to borrow us up to PLN 10,000 with a repayment period of up to 24 months. The requirements are very similar to the predecessor’s proposal. It is necessary to be over 18 years of age and to have receipts to repay the loan installment. At the same time, you can not have debts that would be visible in such databases as BIK or debtors’ databases. It is worth adding that in the case of Carriedo loans, it is not required to transfer the verification fee from the bank account.

Lapuda Cash is another proposal for the cheapest installment loan. However, this offer is definitely different from all loan offers presented here. While 4 of the companies presented today provide traditional cash loans, and in their case are not required additional guarantors or mortgage collateral, in the case of Lapuda the situation looks a bit different. In order to get a loan in the company, it is necessary to have an additional person who will be the guarantor of the loan and, specifically, will be its guarantor. This is due to the fact that the company specializes mainly in providing loans to indebted persons. Hence, additional requirements for borrowers. In this case, it is not necessary to have a good credit history or a clean account in the debtors’ databases. What is required is a person who will guarantee the loan, and therefore someone who will be responsible for repaying the loan at the time the main borrower does not pay the loan installments in a timely manner. The current offer of Lapuda Cash is an installment loan of up to PLN 25,000 with a repayment period of 12 to 48 months.

You will have to prepare for a slightly larger loan installment if you submit a loan application in one of the next two companies. truloan may not be able to offer us the lowest loan installment, but it has other advantages that are worth mentioning here. Above all, a great convenience for this offer is very fast customer service. What’s more, the company does not require any income or employment certificates from us. It is not required even for larger amounts and currently the company provides loans up to PLN 10,000. truloan can verify the income we have from the machine thanks to the application that will automatically connect to our bank account. Another significant plus is the large acceptance of loan applications that are filed in the company. The basic condition for obtaining a loan is to have been over 21 years of age and no information about debts in the debtors’ databases and in the Credit Information Bureau.

Very close costs to loans truloan also has a OK loan. Maybe it is not the cheapest installment loan, but it is certainly one of the cheapest if you consider the offers of non-banking loans. The company can offer us installments entirely online via up to PLN 7,000. Alone, he can indicate the loan repayment period in the range from 6 to 30 monthly installments. The company has slightly higher requirements in terms of the age of the borrower because in order to apply for a loan in a company, we should be at least 25 years of age. In addition, you must have a permanent source of income, a permanent place of residence and do not have negative credit history in databases. An OK loan may give us a loan even if we repay a loan at the bank. This will not be an obstacle on the way to obtaining a loan.