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All main topics / business / business / Bestonlineloans set
Conditions for obtaining a loan without a card

A microloan on the card is not issued without confirmation, but you can receive money without payment in any other way. The main thing is to fulfill all the conditions of the selected MFI (microfinance organization):

Repayment is usually made at the end of the term of the microloan and only in certain cases there are repayment options monthly or weekly.
In case of late payment or lack of repayment, in principle very serious penalties are charged.
In the absence of customer response, the case is transferred to the collectors.
Extradition to non-citizens and minors is not allowed.
Proof of employment and financial condition is usually not required.
In some cases, a surety and / or security deposit must be provided.
Tags: cash
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Flashcard info:
Author: jannispo
Main topic: business
Topic: business
School / Univ.: business academy
City: Colombo
Published: 04.03.2020




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