The Loan and Credit loan from Good Finance Bank offers advantageous terms and conditions, including the possibility to defer repayments during the repayment period. If you choose a Loan and Credit loan from Good Finance Bank, you can postpone a regular repayment up to five times during the repayment period.
This can be of interest to all those who do not have a regular income, or are afraid of losing their jobs or otherwise losing their income. Up to USD 250,000 the loan is provided without collateral and without liability. In order to obtain a Loan and Credit loan up to USD 250,000, you will only need personal documents and proof of your income.
Loan and Credit loan from Good Finance Bank
This loan from Good Finance Bank is offered from USD 30000 up to USD 500,000. The Loan and Credit loan can be concluded for a period of 12 – 84 months (ie for 1 – 7 years). The basic interest rate for this financial product from Good Finance Bank is set at 13.40%.
Interestingly, the Loan and Credit bank charges only USD 1,000 for loan approval. For other banks, it is customary to pay at least 1% of the loan amount when approving a loan or loan. Thanks to the very low fee at Good Finance Bank, it can save a considerable amount of money.
Should you apply for a higher sum of money, ie a Loan and Credit loan of up to USD 500,000, then Good Finance Bank requires that the co-applicant (guarantor) be kept with the loan.
Additional conditions and fees for Loan and Credit loans
In addition to the low loan approval fee (one-time fee of USD 1,000), Good Finance Bank charges an annual fee for managing and maintaining your loan. This annual fee is USD 1,800 (ie USD 150 per month).
In addition, you must have a current personal bank account with Good Finance Bank. The basic option is Good Finance Bank Express Account. Even if you do not use it for anything other than paying the loan installments, the annual costs associated with this bank account will be $ 20 per year. Overall, the Loan and Credit loan (except regular payments and interest) will cost you up to USD 2400 per year on bank fees.
One of the great advantages
Of this Loan and Credit loan from Good Finance Bank is the mentioned possibility of postponing installments. You can use it 5 times during the repayment of this loan.
Which can be an interesting advantage for many people compared to what other banks normally offer. This is one of the reasons why this loan from Good Finance Bank is worth considering.