You can get an emergency loan online as fast as the today or next business day with GostFinance. Emergency loans help cover unexpected expenses, like urgent car or home repairs. Compare options from online lenders and learn how to choose a safe loan.
Best Lenders for Emergency Loans Online
Lotus Loan to Rs.80 000
| Loan amount: | Rs.15 000 - Rs.80 000 |
| Loan period: | 7 days to 182 days |
| Interest rate: | 0.01 to 1% per day (max APR 365%) |
RoboCash to Rs.25 000
| Loan Amount | Rs.Rs.5 000 - Rs.25 000 |
| Loan period | 7 days to 180 days |
| Interest Rate | 0.01 to 1% per day (max APR 365%) |
CashX to Rs.50 000
| Loan Amount | Rs.5 000 - Rs.50 000 |
| Loan period | 7 days to 180 days |
| Interest Rate | 0.01 to 1% per day (max APR 365%) |
Fino to Rs.100 000
| Loan Amount | Rs.3 000 - Rs.100 000 |
| Loan period | 7 days to 180 days |
| Interest Rate | 0.01 to 1% per day (max APR 365%) |
What is the loan term?
- Minimum loan term: 30 days
- Maximum loan term: 182 days
Am I eligible for a loan?
- A citizen and residing of Sri Lanka
- Between the ages of 20 to 65 years old
- Currently employed or generating a steady income
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
In life, there are many situations that are difficult to predict. And often they involve financial costs. Urgently need to find money for a good gift? Did the doctor write out a large list of medicines? The refrigerator broke down and there is no way to urgently buy a new one? Such situations are easily solved thanks to quick loans. Find out how to get emergency loans guaranteed and how quickly the money is transferred to the borrower.
What are emergency loans online
This is a popular type of emergency loans online. Therefore, lending provides for the issuance of relatively small amounts and for a short period of repayment. But this money is always enough to solve really important urgent issues for which you were not financially ready.
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Payday lenders don't generally assess your debt-to-income ratio or take your other debts into account before giving you a loan.Features of loans on Gost Finsnce Sri Lanka service:
- the maximum loan amount for a new client is up to Rs.50,000;
- for regular users there is an opportunity to borrow up Rs.to 50,000;
- refund period varies from 3 days to 4 months.
What are the rates for Emergency Loans?
They are higher than classic long-term loans. But getting them is much easier. This is an almost trouble-free lending option, and an online loans is transferred to the card within 7 minutes from the moment the application is made.
On the Gost Finance website, there is transparent and honest cooperation with borrowers. Each client can independently find out what the commission on the loan will be and what total amount as a result is required to be paid. For this purpose, the site operates an online loan calculator. Enter the indicators of the amount and term of the loan you need - and you will see the calculation of the commission and the final date of repayment of the loan.
Can an emergency loan be denied?
In practice, this happens very rarely. Even clients with an old negative credit history can safely apply for a loan - they are guaranteed to receive funds. Clients who have open debts at the moment can refuse. The system monitors information about the borrower and in a matter of minutes issues a decision on issuing or refusing to lend.
How to apply for emergency loans online
The procedure is very simple and does not take much time. To get an online loan on a card, you need to follow these steps step by step:
- in the online calculator, set the loan amount and the duration of its repayment;
- send the application and the completed questionnaire for consideration;
- authorize your account on the service through a code that is sent via SMS;
- after 7 minutes, get a response from the service;
- if it is positive, the money will instantly come to the bank card.
Please note that urgent loans are issued without any inconvenience for the client. The loan is issued without a call, no income statement, presence of a guarantor or movable/immovable property is required. A minimum package of documents is required - National Identity Card (NIC). It is also important that the specified mobile phone number is active - it will receive an SMS with a code.
Partial or early repayment
If you have money earlier than you planned to pay off the debt, then you can pay off the loan ahead of schedule. There are no additional fees for this. The earlier you close the loan, the less you pay for the use of funds.
★ TIP ★
Emergency Loans can be easier to arrange, especially for people with limited credit history and other financial challengesAnother savings option is partial repayment. It is necessary to cover the flow commission on the loan, and the rest is calculated from the amount of the total debt. From the moment you repay part of the loan, the commission is recalculated only on the remaining amount of the debt. It is also an opportunity to pay less than what was envisaged at the time of applying for an emergency loan.
FAQ - Emergency Loans Online
