How to get a loan online on a card

Increasingly, information about an online loan on a card is heard - the subway, billboards, TV advertising, social networks. If most people are used to the fact that credit is expensive, why then are they popular?

In the usual sense for us, a bank loan is an extreme thing. They turn to the bank only when all relatives and friends refuse to help. But getting ready for the registration procedure, which will last for several days, for the collection of all documents, a high probability of refusal, getting a credit on a card in just 20 minutes is a real benefit. Main advantages:

  • Without income statements;
  • No down payment;
  • Pledges and guarantors;
  • Optimal sums for the short term;
  • Minimum overpayment.

Online Loans - Best Lenders of Sri Lanka

0% for first loan
Lotus Loan

Lotus Loan to Rs.40 000

Loan Amount 10000 - 40000 Rs.
Loan period 10 days to 122 days
Interest Rate 0.01 to 1% per day (max APR 12%)

Apply Now

0% for first loan

RoboCash to Rs.25 000

Loan Amount 5000 - 25000 Rs.
Loan period 120 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 180%)

Apply Now!

0% for first loan

FastRupee to Rs.50 000

Loan Amount 3000 - 50000 Rs.
Loan period 1 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 365%)

Apply Now

What is the loan term?

  • Minimum loan term: 122 days
  • Maximum loan term: 122 days for first loan
  • Maximum loan term: 182 days for repeat loan

The loan is calculated as follows

  • Loan amount: RS 30.000
  • Loan period: 122 days
  • Consulting fee: RS 3.600
  • Service fee: RS 13.920
  • Interest rate (12% / year) : RS 754
  • Total payment: RS 48.274

Am I eligible for a loan?

You are eligible to apply for a loan if you are:
  • A citizen of Sri Lanka
  • Residing in Sri Lanka
  • Between the ages of 20 to 65 years old
  • Currently employed or generating a steady income

And most importantly, you don’t even need to leave your home to apply - the application is submitted online, and the money is automatically credited to the card.

Microfinance organizations (MFIs) issue loans online on a card, the list of the most popular is presented on the GostFinance website. MFIs are also called credit or online services, payday cash, etc.

Unlike banks, services offer favorable conditions and a simple registration procedure, and most importantly, get a loan online on a cardalmost everyone can. The chance of being rejected is minimal. Neither the amount of income, nor the length of service and place of work matters. Also, credit history practically does not affect, so even if you made delays in other banks, it is possible to use the services of MFIs.

Which online credit card is the most profitable?

The catalog of online credits on a cardis rapidly replenished with new companies, so the conditions for working with clients are the key to becoming a market leader. But in fact, although each organization offers its own conditions, they are in many ways similar, so it is important to prioritize what is more interesting for you - more money (limit) or less commission.

5 general conditions for microcredit:

  1. Issued mainly to people over 18;
  2. You only need a passport and a code;
  3. Money is credited to a bank card;
  4. Design time - up to 30 minutes;
  5. It is possible to apply from any city - without visiting branches.

Who can get a loan online on a card?

Unlike banks, online services are more loyal to customers, so the chance to get money here is higher. The fact is that loans online on a card are issued for small amounts and for a short term, and therefore the risks of default for lenders are reduced. Therefore, companies are practically not interested in what the bank usually cares about:

  • Income;
  • Experience at the last and previous place of work;
  • Place of work and position;
  • Is there a house, apartment, car;
  • Composition of the family;
  • Are there deposits in banks, shares, etc.

Ordering a loan online on a card is easy. The procedure is basically the same, it is not difficult and will be clear to everyone.

The client enters the company's website, indicates the desired amount and term, submits an application and goes through registration. It is also necessary to indicate a personal mobile number for communication and a bank card number.

Verification of a card is its confirmation, a necessary procedure for crediting money and identifying client data. You should not worry about personal data becoming known to third parties - leading Ukrainian companies provide a high degree of client data protection.

In case of successful registration and approval of the application, the money is credited to the card automatically.

Online credit on a card provides customers with access to a personal account where they can get control over the balance of the debt, access to details, payment methods and other useful information. The amount of the debt is mostly detailed (body, interest, commission), which allows you to understand exactly what you are paying for, when you can definitely close the debt and that no one is deceiving you.

An online loan to a card without income statement on a modern Internet platform is a quick and convenient way to solve financial issues without outside help and on favorable terms.