Probably, many have noticed how fast the number of microfinance organizations in cities and the Internet is growing. This is due to the huge demand for loans. One of the microfinance organizations that exist today is Fastmoney. It works in compliance with the law, is not a fraudulent company, is included in the register of the Central Bank of the Russian Federation. Quite diverse reviews about Fastmoney make you think about whether it is worth contacting this microfinance organization at all.
Company Information
Since 2014, the website of the microfinance organization Fastmoney has been operating on the Internet. The company has a motto - "Fast money". It corresponds to reality. Loans on the official website are issued very quickly. On any day of the week and at any time of the day, you can fill out the questionnaire and send it for consideration. This takes a maximum of 5 minutes.
When making an application on the official website and when a positive decision is made, the money is issued to the borrower's personal bank card. Atits absence, the loan amount can be obtained in cash. The company, as is known from official information and reviews of Fastmoney, has a huge number of offices (issuing points) in different cities of Russia.
Giving loans
In Fastmoney, loans are issued in the amount of 3-30 thousand rubles. There is an opinion in society that microfinance organizations give out money at interest to everyone in a row. In Fastmoney, this is definitely not the case. Before issuing a loan, the company evaluates the applied borrower based on the information provided. At the first appeal, a refusal is possible, there is also a possibility of issuing a small amount.
For regular customers, trust increases after each repaid loan. Conscientious borrowers can be provided with the maximum possible amount - 30 thousand rubles. However, before applying for a large amount, you should still think carefully, because loans issued by MFIs have 2 drawbacks. In Fastmoney reviews, customers often mention that:
- money is issued for a maximum of 15 days;
- high interest rates apply.
More about conditions
To get a loan from Fastmoney, you need to "meet" several conditions:
- Minimum age allowed is 20;
- the presence of permanent registration in the territory of any subject of Russia;
- work and income.
The company documents state that the minimum interest rate is 0.5% per day. However, shedoes not apply to all persons. For beginners, judging by the reviews about rates at Fastmoney, at first they are offered not so attractive conditions. Clients who decide to apply to Fastmoney for the first time can use the online calculator. It does not show the interest rate, but it shows the amount that will need to be repaid. For example, it might be:
- 3,810 rubles (with a loan of 3,000 for 15 days);
- 12,700 rubles (with a loan of 10,000 for 15 days).
Fastmoney clients about the benefits of the company
Many banks and microfinance organizations with a bad credit history refuse to issue loans to borrowers. Fastmoney, on the other hand, cooperates even with those people who have made delays in the past. A credit history improvement program has been developed specifically for problem customers. This is an important plus for a microfinance organization.
Another important advantage, which is sometimes mentioned in reviews of Fastmoney, is that MFIs allow restructuring of debts arising under a consumer loan agreement. To take advantage of the restructuring, you must write a statement indicating the reasons for the deterioration of the financial situation (for example, an accident, serious illness, incapacity, loss of a large amount of personal property, loss of a job), and attach supporting documents to it.
Positive and negative customer feedback on loans
Fastmoney is not a perfect microfinance institution. She, like any other similar company, has both good and bad reviews. In positive reviews about Fastmoney, customers confirm that MFIs have certain advantages. First of all, people note that obtaining a loan is quite simple and fast. Only a passport is required. The answer from the microfinance organization comes in about a minute. With a positive decision, the money is sent to the borrower directly to the card.
Regular customers who know the company's conditions well note that Fastmoney provides for the possibility of receiving funds secured by a vehicle. The minimum amount can be 50,000 rubles, and the maximum - 500,000 rubles. The interest rate is set from 0.1% per day. The loan term is chosen by the client, taking into account the current conditions (from 1 year to 3 years).
In the negative reviews of the Fastmoney project, people point out that the main drawback of the company is the too high interest rate set for beginners. A rather large amount has to be overpaid when registering a large amount for the maximum possible period. Dissatisfied customers are advised not to apply to microfinance organizations, because high interest rates are set not only in Fastmoney. When you need a large amount for a long time, it is best to contact a bank, get a loan or a credit card with a grace period.
What do debtors say?
Debtors' reviews of Fastmoney leave quite different. For example, one offormer clients said that he had a delay. For 60 days, he wasn't bothered too much by the company's employees. At first the manager called once a week. Then SMS notifications began to arrive, in which the amount of the debt was reported. Since the client did not make contact, a letter was sent to him by mail. The debtor was notified that the microfinance organization has the right to recover the amount of money in court.
However, not always the company in a short period of time after the delay goes to court. Often she sells debts to collectors. Collectors do not always use the correct methods of influencing debtors in their work. There were cases when employees of collection services were rude and threatened borrowers.
Can I do without a loan from Fastmoney?
Should I contact Fastmoney? Is it possible to do without a loan? These are the questions that a huge number of borrowers ask themselves. First of all, it is worth noting that it is safe to contact Fastmoney. If the client correctly assesses his financial capabilities, then he safely returns the amount taken and the interest accrued on it. Negative consequences are possible if a person applying to the company gives deliberately false information about his financial we alth or incorrectly assesses his capabilities. In case of delay, the MFI can go to court and collect the debt.
The question of whether it is possible to do without a loan is rather difficult to answer. Here again you need to take into account your financial capabilities, evaluate the negative and positiveside of the loan, read reviews about Fastmoney.ru. Sometimes borrowed money helps to make a very profitable and necessary purchase.
Despite the fact that Fastmoney has flaws, you should not forget about the company. In a difficult life situation, she can very quickly help out. You just need to give yourself answers to a few questions: is the loan really vital and will it be possible to repay it without delay?
