Recently, the microcredit market has grown to an unprecedented size. If earlier we couldn’t even think about taking out a loan not from a bank, but from a commercial company, today everyone understands the benefits of microloans.
What are microcredits?
Microcredit originated in the late 80s in Belgium. The concept of such loans is that, according to simplified criteria, a candidate for a loan is selected, who is given a small amount for a short period. At the same time, the loan is issued to the borrower at a very high interest rate, which brings a fairly high profit to the lender (sometimes microcredit rates reach 400% per annum).
We have microloans relatively recently, in the late 90s. Private organizations began to issue them, which do not need to obtain a banking license to carry out such activities. Quite quickly, the microcredit niche was occupied by a huge number of companies. Some of them are still working today.
The very concept of microloans benefits both the borrower and the lender. The first can in the shortest possible time and without the need to collect a large package of documents (as in a bank) receive money for small expenses; the second one inearns high profits in a relatively short period of time. At the same time, the risks of the company distributing loans are minimal, since the amounts that are given on credit, as a rule, are not so high.
New direction. Microloans on the Internet
With the development of online loan applications, microloans could not fail to develop here as well. Now there are a lot of companies that either accept the debtor's data over the network and check them online, or issue loans in a non-cash form using the largest payment systems today. For example, one of the well-known companies can be called Moneyman. Customer reviews indicate that this form of issuing loans is very convenient and profitable, since it greatly simplifies a number of procedures and saves people time. Yes, and the statistics of the system proves the popularity of the service and its growth.
Yes, the question arises as to whether the lender is taking risks by issuing loans online. In fact, everything about Moneyman reviews (who took loans here also confirm this information) suggests that the abyss with money is not so easy. Before signing a contract and receiving money, employees carefully check your identity. So don't think you can get away so easily.
About Moneyman.ru. Company Reviews
Speaking specifically about the aforementioned company Moneyman, reviews about it are quite positive. Here, customers are offered quite flexible conditions: 5 tariff plans at once, each of which involves different termsrepayment of loans, and, of course, the various amounts of funds that can be borrowed. To make it clearer: for example, the minimum tariff "Start" provides for a loan for a period of 5 days to 1 month in the amount of up to 8 thousand. "Superturbo" allows you to get no more than 30 thousand, which are issued for a period of 8 to 16 weeks. Thus, the company gives the client a choice when exactly to repay the debt and in what amount.
At the same time, as the reviews confirm about Moneyman, each of the tariff plans involves a different interest rate (it varies from 1.1 to 1.3 percent per day). As long as your balance remains in debt, it will accrue the specified percentage daily.
How to choose a credit plan?
Of course, at first glance it may seem that the larger the loan amount, the better. However, the question of the size of the loan should be approached with the understanding that the more you take, the more you have to return. The interest that accrues on the balance is given above. Deadlines will also increase accordingly. Analyzing credit plans, one can easily understand that the company protects its profits by making the minimum repayment period of larger amounts. Thus, even if you want to borrow a large amount for a short period, you cannot pay off the debt earlier.
Requirements for candidates
Now what people so often mention when leaving their Moneyman reviews. Negative points - restrictions on age and citizenship. If you are under 18 and you are not a citizen of the Russian Federation, the loan willnot receive. In other cases, a loan from Moneyman is quite available to you. To issue it, you will first need to go through the verification of contact details and sign the offer. After that, according to the site, the money is received as soon as possible (if to Yandex. Money or a bank card, then instantly). The good news is that reviews about Moneyman confirm this. And most of them, by the way, are positive.
Why use Moneyman? Payday loans
Someone may think that it is unprofitable to enter into transactions on such conditions as described above. It is logical, because loans with an interest rate of 400 percent per annum are too expensive. Isn't it easier to get a consumer loan at a bank at 30-40 percent?
As practice shows, it is not easier at all. When applying for a loan at a bank, each borrower must go through a series of verification procedures: bring documents, provide certificates from the place of work, and so on. In the event that you want to buy an apartment or a car, such actions are fully justified. And, let's say, if you don't have enough money for a week, just "reach out" to the salary, then it's unreasonable to go through all these checks for the sake of such an insignificant amount. It's easier to do everything faster and easier. This is what microcredits are for.
You are sure that you will be able to easily pay off the debt after the receipt of income, already in 1-2 weeks. You understand that there are no barriers to receiving money. In addition, you get everything online, that isYou don't have to go anywhere for cash. Agree, in this situation, services like Moneyman are real financial assistants. Feedback from grateful customers confirms this.
