If you are looking for opinions about “Online loan nowIt is because you need money fast and without much paperwork. I tell you that, currently, there is a boom Online credit application, and one of these sites is the one that we are talking about below: Online Loan Now, a platform similar to Credy, but born in Spain approximately three years ago.
The quick loan on-line It has become a solution for many because you only need to register in one of these platforms and get the credit to suit you, without as much paperwork as with banks, however, our recommendation will always be to evaluate each of these sites, their reliability and how they work so that you can operate with greater security.
But without further ado let’s talk about Loans Online Now. Like Credy is an online platform that acts as an intermediary between lenders and applicants. In this you can request from 50 to 750 euros, or quick credits of 300 euros.
How does Online Loan Now work?
With a step by step we will tell you how this company works, which ensures that it strictly complies with Spanish financing laws, and has provided loans to more than 200 thousand people, in just three years.
On this platform, after analyzing the application, the loan will only be granted to those beneficiaries who meet the acceptance standards of the same.
Here the step by step:
- Step 1: Sign up
- Enter the web portal and register, once registered, choose the amount of money you require and the repayment time in the online personal loan calculator.
- Step 2: Fill in the form
- Enter your information in the form quickly and easily.
- Step 3: Receive the money
- Your request will be processed and you will receive an answer immediately. Once approved, the money will be sent quickly to your account in less than 10 minutes, they claim on the web portal.
Online Loans It already offers credits from 50 to 750 euros. Who can apply for a quick loan?
Anyone of legal age in Spanish territory can request a quick loanregardless of your employment status and credit history. The system of this platform analyzes various parameters to provide financial services to a wide range of clients.
In addition to being of legal age, other requirements are to have Spanish nationality, be in possession of a DNI or NIE and have a mobile device.
You can access this loan service from your computer, mobile phone or any device with an internet connection 24 hours a day, 7 days a week.
Interest on online loans
According to what is published on the portal, at Prestamosonlineya.es they apply an Equivalent Annual Rate (APR), which they inform customers before making the request and in all subsequent phases of the credit process. They do special detail on the percentage and amounts of the expenses and fees of the platform.
In the APR, the calculation of interest and fees is made, the longer the repayment term chosen, the lower the APR. The shortest term available is 65 days and the maximum is 90 days.
For example, a quick loan of € 300 with a repayment term of 65 days, the result of interest and fees is 45.26 euros, which represents an APR of 203.72%, a fixed monthly rate of 9.7%. The final amount to be returned would be 345.26 euros.
Attention: At all times, when requesting a quick loan on this website or any other similar one, it is very important that you know exactly how much you are going to pay, the terms to be returned, the surcharges in case of late payment.
Online Loan NOW: Opinions
As we have told you in other articles related to credit or money transfer platforms, the important thing before carrying out any operation is to review the opinions of these pages to find out if they are legit or not.
Particularly in We lend online now, the opinions of its users denote reliability and quality of service. They claim that their advantage is saving time, since they respond to requests in a maximum of 15 minutes.
Likewise, people who have delinquency problems have the possibility of obtaining loans on these platforms without any inconvenience.
Another assessment is that this service has no cost for the user, since the intermediary obtains its benefit from the commission that the entity itself pays for providing clients.
