Note: the description below may be out of date and does not constitute an offer. Be sure to check the details of the offer on the lender's website.
Lendon is a Lithuanian company. It has been operating in the Polish credit space since 2013. and is dynamically developing. The official name of the company in Poland is Creamfinance Poland. Originally, it offered loans up to $ 500, currently it is $ 6,000. A Polish citizen aged 21 to 70 can get a payday loan. Lendon offers free payday loans for new customers. Then you can receive a maximum of $ 3,000. It is worth focusing on timely repayment, because the company honors reliable customers with increased credit limits. Lendon can check our credit history, among others in: BIK, BIG, ERIF, KRD. The negative history does not determine whether we will receive financial support from Lendon, because each situation is considered individually, but in case of doubt, the lender will certainly take a closer look at our financial capabilities. The company will probably refuse us funds if: we do not have Polish citizenship or we do not meet the age criterion. Additionally, we will be refused if we provide false data or have been entered in the debtors' register.
The first payday loan from Lendon is $ 3,000 for free for 30 days - THE OFFER IS OUT OF STATE
offers free loans
to start with. This means that people who decide to become customers of the company will not pay any fees for the first payday loan, but will only return the amount they received. The first loan at Lendon
is a maximum of $ 3,000 for 30 days. A representative example for the first payday loan in Lendon (assuming that we will not exceed the promotional loan period) is: registration fee of $ 0.01 (only for verification purposes, then it is returned to the applicant), total loan amount $ 3,000, fixed interest rate per annum 0 %, total cost of the loan $ 0, total repayment amount $ 3,000, interest rate
APR 0%. The company reserves that the granting of payday loans
depends on the analysis of creditworthiness. Non-bank institutions usually consider each application individually, however, Lendon
checks applicants in credit information offices, such as: BIK, BIG, KRD or the Polish Bank Association. The concept of loan refinancing
does not function in this company, the repayment date cannot be extended. However, the lender may grant a refinancing loan, i.e. pay off the borrower's liability in another company and take it over as his client. Such a person will then have a loan at Lendon and will additionally pay the new creditor a commission. Timely repayment of the first, free payday loan
has an impact on the available limits in the future, so it's worth trying.
Necessary conditions for receiving a Lendon loan
The procedures for applying for Lendon loans
are not complicated. Moreover, they do not differ much from the procedures practiced in most non-bank loan institutions. To apply for a payday loan, the customer must:
- be a Polish citizen and have a permanent place of residence in Poland;
- have an ID card and PESEL number;
- be in the age range of 21-70 years;
- have an account in one of the banks operating in our country;
- activate the internet banking system to be able to make internet transfers;
- have a mobile phone;
- have a computer or other device with Internet access.
It takes about 5 minutes to complete the online
application. The application contains only basic information (name, surname, PESEL number, number and series of ID card, address and information on sources of income). After submitting the application, we receive an SMS and e-mail with a password to log in to the lender's website and a request to make a transfer from your account to the company's account. It is a 1 $ registration fee, which is used only for verification purposes. Thanks to the transfer, the lender can see that we are actually the owners of the account. Lendon
reserves that the loan application will be considered only if we pay the registration fee, appropriately title the transfer (a specific formula is provided on the company's website). Until recently, this was the only way to verify the customer's identity. Currently, however, Lendon also uses the convenient Instantor application
. It allows you to check the customer's identity without transferring a penny
. We simply log into our bank via the application so that the lender can make sure that we are the account owners. Logging in is completely secure as it is always an encrypted connection. After a positive decision, we receive an SMS confirming the grant of payday loans.
TV advertisement Lendon.pl
Extension of payday repayment in Lendon
Until March 11, 2016, i.e. the entry into force of the amendment to the Anti-usury Act
, any Lendon
customer who had problems with paying off payday loans
could refinance it many times. This involved an additional refinancing fee in accordance with the lender's table of fees and commissions. The new regulations have limited lenders from the ability to constantly extend customers' payday loans. Currently, refinancing
takes place in a different way, in the form of the so-called rollover
. This is a change of the borrower. If we are not able to pay off the debt on time, Lendon transfers us to a friendly loan company that repays the loan in Lendon
for us. Then we become clients of this new company, the loan amount to be repaid remains the same, but we have a new repayment date and we pay an additional commission to the current entity. On the other hand, Lendon is also a refinancing lender. This means that he can pay off the liability of a temporarily insolvent client of another loan company, and then take over that person as his client. After the introduction of the new guidelines of the Anti-usury Act,
such action has become a common practice for companies providing payday loans. It is not illegal, and from the point of view of consumers, it is even beneficial, because our debt does not have to be subject to debt collection procedures and the inconvenience that they entail. We also remain credible as clients for loan companies.
Among the greatest advantages of Lendon, the opinions confirm the quick, simplified application procedure and the flexibility of the lender who considers each case individually. Lendon is the winner of the Friendly Lender certificate because it meets the needs of customers. In addition to financial support, it offers free consultations in the field of responsible borrowing and cash management skills.
Accurate details of the lender
Lendon.pl Sp. z o. o
ul. Kasprzaka 2/8
Lendon customer service opening hours
Monday - Friday:
08:00 - 21:00 Saturday:
09:00 - 18:00 Sunday:
09:00 - 18:00
Note: the above description may be out of date and does not constitute an offer. Be sure to check the details of the offer on the lender's website.
Magdalena Mazur Twitter
She graduated from the University of Economics. She specializes in credits, loans and payday loans that can be applied for online. He knows the rules of online offers and is happy to write about them so that anyone interested in taking payday loans online knows what to look for.