Loan in 5 minutes?

When I first visited the DuableCredit website, a new company in the loan market, I began to wonder if there is any sense in writing about it. As if their offer is to stand out from other companies providing payday – certainly not the amount of available loans or borrowing costs. Maybe it is something that the company stands out from among competing brands?

“3 minutes for registration, 1 minute for consideration of the application, 1 minute for transfer to a bank account” – this is one of the advertising slogans encouraging to reach for the DuableCredit loan. But what’s best, such a short time of granting the loan does not only apply to the company’s regular customers, but above all to those who reach for the loan for the first time. This is one of the main advantages of the company’s loans, but not the only one because the second equally important is the easy availability of loans.

What do I mean here specifically? The main thing is that in order to get the cash you need, you do not have to get too tired. In order for Lime-Credit to grant us a loan, it is enough that we are at least 18 years of age, we have an ID card and an active bank account. The company also makes it possible for people who have not the best credit history to get a loan and even applies a special “Credit history improvement” program. At the time of writing this article, however, I did not know the detailed information about this program yet.

Four loan rates: VIP, Lime Gold, Lime Silver and Lime Start.

Four loan rates: VIP, Lime Gold, Lime Silver and Lime Start.

Each of these packages differs in the amount of loans and is directed to a specific group of borrowers, depending on which loan you are reaching for. If we apply for the first loan, the system will most likely give us a Start package under which the maximum loan amount is PLN 400. The largest available limit is available under the VIP tariff and amounts to PLN 2,000. A large loan amount is not the only advantage of the VIP package as it also allows the possibility of obtaining more favorable terms of a loan or a 5-day free use of money.

A loan straight to your account or Paypal account 

A loan straight to your account or Paypal account 

DuableCredit enables you to get the cash you need either directly to our bank account, as well as to a bank card issued by Visa and Mastercard systems and a PayPal account.

Payday Loan – Small Loan

We will not find any promotion for new clients in the IsmolCredit offer, under which we will receive the first loan for PLN 0. However, we can count on it for the relatively low cost of loans.

Today, a few words about the company, which in principle has been providing loans in Poland for a long time, but somehow happened that I am writing about it only now. IsmolCredit is a company whose main specialty is short payday service, but gives them not only in Poland, but also in such countries as Estonia, Latvia or Georgia.

Payday Loan

Payday Loan

The company IsmolCredit offers payday which in the case of a new client can be up to PLN 500, in the case of subsequent loans they can, however, already use the maximum limit of PLN 3,000. The repayment period can be chosen by ourselves and we have a range of 5 to 30 days, with the option of extending the repayment date.

Costs of Loans

Costs of Loans

The costs of loans at IsmolCredit are relatively low, even more so if I compare them to other companies in the industry that provide payday loans. A loan in the amount of PLN 500 with a repayment period of 30 days will cost us not the entire stamper, more precisely – PLN 98. It means that we will have exactly 598 zlotys to give back. Slightly more expensive it will cost us to extend the repayment of the loan, but on the other hand, these are not so excessive amounts that we will meet with some competing companies.

MinCredit loans are available to people over 20 years of age, have a fixed income and are not listed in debt registers such as ERIF or KRD. As we can also read in the information for clients, in some cases a certificate of earned income may be required. However, it can be an electronic account statement, which we will download ourselves by logging in to our bank account.

To obtain a loan at IsmolCredit, we will also need 1 grosz to send a verification fee from your bank account. The loan-related formalities themselves should be dealt with very quickly and, as the company emphasizes in promotional materials, consideration of the application and sending money to the account should take place within a few minutes.