If you want to borrow money from a lender who has been on a micro loan for a long time, Loan and Credit is a good option for you. They started in 2005 in Finland and came here to Sweden in 2006 which means that they were from the beginning.
SMS loan at Loan and Credit
Loan and Credit has a micro loan / SMS loan that you can borrow for 30 days. You can then borrow up to USD 4000. You can choose to apply for the loan either directly online or through your mobile phone.
If you apply for the loan directly on the website, you do not need an application code which makes it extra smooth. What you need to keep in mind is basic information about yourself and where the money should be deposited if the loan application is approved.
Credit at Loan and Credit
In addition, Loan and Credit has a credit / loan of up to USD 20,000, which works a little differently. This is a credit for which you are approved and can then use as much as you yourself decide on the maximum amount. You can apply for Loan and Credit Credit from USD 1000 to 20,000 depending on your needs.
How much can you borrow?
The range available is from USD 500 to USD 20,000. You can get a credit from Loan and Credit of any amount within this range, but for SMS loans you can only borrow from USD 500 to USD 4000 and always with 30 days maturity. There is no set term for the credit, but the first 30 days are interest-free in the same way that most credit cards work.
Terms and Conditions
To borrow money you must be at least 18 years old. The finances must also be good, which means that you may not have any payment notes and that the finances are otherwise organized. The repayment period is 30 days for the small loans and the credit works as stated in a different way and does not have the same type of maturity.
It is also required that you have a private telephone subscription. A bank account must also exist where the money can be deposited.