1. islandcrisis.net.pl
  2. Offers
  3. The best payday loans

The best payday loans

There are plenty of payday loans on the market, but few know what the best loan offers are. Each company advertises its offer as the most advantageous, but the best payday loan has specific parameters and you need to know these parameters. In the assessment of each payday loan, you must take into account many factors that determine whether the offer is ultimately favorable or not. The best payday loans can be easily selected on the basis of several parameters below. The most important thing is the interest rate. The lower the interest rate on a given payday loan, the better. Free payday loans, i.e. loans for which customers do not pay any fees, are the best on the market. Such loans are made to new customers, but some companies also offer one in five loans for free. It is understandable that the lower the interest rate on the loan, the better. If the loan has an interest rate similar to a bank loan, i.e. on a scale of 4 to 8%, it can be assumed that this is a good offer. Less financially advantageous loans have an interest rate of 9 to 10%. The best offers must have the lowest interest rate possible.

The amount of the commission for the best payday loans

The smaller the loan commission, the better. The provisions of the Anti-usury Act and the Civil Code assume that the commission cannot be higher than 25% of the loan amount, but of course it is always worth targeting cheap payday loans with an even lower commission.

Minimum and maximum loan amount

A good loan should be made from the lowest to the highest possible amount. The best payday loans are granted in amounts from $ 100 to even $ 10,000. The reason why such a discrepancy is very beneficial is the fact that one customer will need to borrow, for example, only $ 200, and if the company offers payday loans from $ 500, then such customer will either resign from the offer or decide to borrow more, than I need. However, the maximum loan amount is definitely more important, because the more you can borrow, the more advantageous this offer is. New payday loans are available in quite large amounts. Instead of two or three loans from different companies, you can take one larger loan in this case.
Payday offers

Best payday loan repayment date

The best loans have relatively long repayment terms, and in addition, the repayment date can be extended for an additional fee. Most payday loans are granted only for 30 days, but we also have payday loans online that are granted for up to 65 days. Not only that, there are also payday loans on the market, which can be granted for up to 60 months, which means payment in 60 installments.

The amount of fees for extending the payday loan

Cheap loans are primarily those offers in which additional services do not increase the cost of the loan too much. Above all, the fee for extending the repayment date is important. In most loan companies, you can extend the loan repayment date by 7, 14 or 30 days. The more we extend the repayment date, the higher the cost of the loan. The ranking of payday loans online shows that customers mainly choose those payday loans that do not require high fees for extending the repayment date.
Free payday loans

Client verification method

24h payday loans can be verified in two ways. It may be a verification by means of a verification transfer from the account of the person applying for a loan or it may be a verification without transferring a penny , consisting in a few seconds' connection with a bank account and reading the account history. For people who have an overdraft on their account, the best payday loans are certainly those that do not require a verification transfer.

Requirements for payday loans

The main issue in the case of loans are the minimum requirements. Usually, the loan company requires an appropriate age, sometimes it is just 18 years old, other times 21. Additionally, each such company requires that the applicant has Polish citizenship and an address in Poland, has a bank account, a mobile phone number and an e-mail address. It is also necessary to provide your PESEL number and the number and series of your ID card. These are the basic requirements and if the specific best payday loans require only such a set of data, they can be considered very good.

However, even the best payday loans will sometimes require confirmation of the income obtained. This is especially true for loans for higher amounts and longer repayment terms. The need to provide such a certificate does not make payday pay less advantageous. On the contrary. Sometimes such payday loans may have lower interest, and thus cheaper. In fact, the more requirements there are, the better the loan company knows about the customer's reliability and the better the financial conditions it can guarantee.
The best payday loans

The possibility of refinancing payday loans

Currently, the best payday loans are also those that give us an alternative when we have a problem with their repayment. Such an alternative is, inter alia, refinancing payday loans . The ranking of payday loans often takes into account whether a given company offers such refinancing in a friendly loan company. The refinancing service is unfortunately quite expensive.
Share on:
Rating: 3.8 out of 5 Ratings: 565

Check the others

Payday loans without a penny transfer

Most quick loans require you to transfer one penny to the loan company's account and thus verify your bank account. On the market..

Loans on a promissory note with a surety

Promissory note loans are an easy way to get extra money. Such loans on a promissory note with a guarantor arouse great controversy, but ..

Cheap payday loans

Each of us knows quick loans and everyone knows what they are more or less about. Cheap payday loans are gaining popularity due to the minimum ..

Comments on the best payday loans

Every company has something interesting to offer. It is impossible to say which are the best.
Tokem Aug 12, 2019 3:44 PM
it is known that the best payday loan is one that offers the most cash for the longest repayment period with the smallest percentage :) so before you decide on a specific loan company, I recommend using various loan comparisons available on the web
beata May 30, 2019 4:59 PM
Inch payday loans are not so bad. Sometimes we just need money.
kallllaaa 04/23/2019 15:26
It is worth using payday comparison engines. Thanks to them, it will be easier for us to choose the best option. So I recommend going to the website with the comparison engine and entering the amount and repayment time we are interested in. This will make the decision easier.
Marta March 25, 2019 14:34
Nimgis and Loan Vu! I took it twice and everything was fine
sara 02/13/2019 14:32
I would rather not use payday loans. My friends used to take this type of loan, for example for renovation or vacation. I prefer to save money for such purposes. Well, unless the situation actually forced me.
Czarnula 01/25/2019 16:59
Show offers