Online credit card in Ukraine
One of the most popular financial products of our time is a term card loan - Ukraine has already appreciated the speed and simplicity of this method. Lack of long inspections, loyalty to employment and credit history of borrowers, the ability to get money without leaving home - these factors attract new customers to MFIs. Let's consider features of such service in more detail.
Under what conditions can you take a credit card? The terms of issuing instant card loans in Ukraine depend on the MFI and the number of applications to a company.
Terms of the first loan When first applying to an MFI, the client usually receives an instant online credit card with a limited limit: thus, companies insure themselves against excessive losses in the event of non-payment of debt. The term of crediting is also less often limited.
Example of terms of the first loan:
- Minimum Maximum
- Term 1-5 days 14-30 days
- Limit 100-500 hryvnias 3-4 thousand hryvnias
- Rate 0-0.1% daily 1-2% daily
- The advantage is that the first credit card can often be issued either for free or with a discount of up to 50% of the base rate - so MFIs attract new customers.
Preferential greeting online credit card has several varieties:
- interest is not accrued in the first 3-10 days of the loan;
- the loan is free if it does not exceed a certain amount (usually up to 2-3 thousand hryvnias);
- money on the card is issued free of charge in any case.
- Please note - a "free loan" often means that the customer can take a credit card at a rate of 0.01-0.1% per annum. In this case, before making a payment, you need to know the exact amount of debt - the overpayment is tiny, but it must be repaid to avoid delays.
Please note that if the cheap greeting card credit has not been repaid on time, payment for the entire period of its use can be transferred at full rate.
Terms of re-loan Typical conditions:
The rate and a number of other nuances depend on which company you decide to take an online credit card - Ukraine now has a large number of different MFIs. They can be divided into three conditional groups.
1-2 groups 3 groups limit from 500 to 10 000 hryvnias 1-50 thousand hryvnias loan term from 3 to 30, sometimes up to 14 days from 1 to 36 months rate of 1.5-2% daily 3-4% per month The first one gives out money, including to people with a very difficult credit history and without a permanent source of income, and its questionnaire consists of a minimum of points. Although it is not possible to get an online credit card without a refusal in Ukraine with a 100% guarantee in any MFI, in such firms the chances reach 95-98%. The money is usually paid without calling the client or his contacts. The risk of non-return, however, is covered by the high rate, as well as the complete absence of benefits.
In the second group, online credit card can be obtained at a discount, with many MFIs offering several incentive programs. The client must have a permanent, albeit unofficial source of income, and KV at least without open arrears.
Finally, the third group offers online credit card faster than on bank terms: yes, the term of the agreement can be up to two years. At the same time, the requirements for customers are higher. Discounts and promotional offers are rare. A separate subgroup of this category - services that issue money on the security of PTS or car.
Interest rates on loans "Prices" for the average online loan Ukraine is almost no different from foreign companies. The MFI commission is influenced by:
features of service assets; availability of physical offices, staff size; loan category: for individuals or legal entities; degree of trust in the client. Most MFIs offer a quick card loan with a daily interest charge, while the companies in the third group mentioned above offer a monthly loan. At the same time, both companies and other companies, according to the rules, must indicate the annual rate - the minimum and maximum, if it can change. As the annual conversion rate may differ by one hundredth of a percent, you can use the method recommended by the direct MFI to calculate the final payment amount.
Example of calculation: let's say a client took an instant online loan on a card in the amount of UAH 1,000 for 15 days at a rate of 1.9% per diem. In this case, the total amount to be repaid can be calculated as follows: 1000 + 1.9% x15 = 1285 hryvnias.
Most MFIs charge a fee for the loan and its insurance in the base rate, so no additional payments are required. Exceptions can be made only by companies that issue money for a relatively long period.
Requirements for borrowers In general, the requirements of MFIs are much lower than those of banks, so that almost any adult can get an online credit card. In Ukraine, moreover, there are many very loyal companies. Consider in more detail the list of requirements:
Ukrainian citizenship is required residence permit on the territory of Ukraine is mandatory; MFIs that have offices can also give money only to customers