Will the banks grant credit online?



 

Most often, financial liabilities are granted online by loan companies operating outside the banking system. Contrary to appearances, online credit is also available in some banks, especially those leading in online banking. Where and how to take a loan online?

Completely online loans are not just products offered by non-bank companies. We will find it in the offers of many banks operating on the market. 

Sale of loans online thanks to a simplified loan procedure

Sale of loans online thanks to a simplified loan procedure

Some banks have declared war on loan companies and are involved in the sphere of online loans, where the funds on the client’s bank account are mobilized 100%. remotely, without having to make personal contact with advisers. They can do this by using the provisions on the simplified procedure  for assessing creditworthiness. The Bank may apply simplified rules for assessing creditworthiness when granting to retail clients:  installment loans and borrowings for which the amount of the loan does not exceed four times the average monthly salary in the enterprise sector,  loans and advances:

1. for clients cooperating with the bank for at least six months, for which the amount of credit or loan does not exceed six times the average monthly salary in the enterprise sector,

2. for clients cooperating with the bank lasting for at least twelve months, for which the amount of the loan or credit does not exceed twelve times the average monthly salary in the enterprise sector,

3. for other customers for whom the amount of the loan or loan does not exceed the average monthly salary in the enterprise sector.

Bank offers for online loans Online loans

Bank offers for online loans Online loans

Mainly such an offer is addressed to people who already have a positive history of cooperation with a given bank.

For example, a completely online loan of up to USD 50,000 is able to give customers. You can get a cash loan online. All you have to do is register on the Inbank website, log in to your account, complete the loan application, make a USD 1 transfer to verify your identity, and after a positive assessment of your creditworthiness, the bank will send the borrower a loan agreement, signed with an SMS code. After accepting the terms of the contract, bank transfers the loan amount to the client’s account.

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