Are you wondering about the moment in this company? To help you make the final decision, we compared the current offer of this brand with other offers. On this basis, we have created a list of the advantages and disadvantages of the loan. Check, therefore, whether this brand suits all your needs!
The loan appeared in our ranking in 2016. The offer of this brand very quickly appealed to our customers who usually rate it four or five stars. Thanks to the good reviews of our users, the loan for months has so occupied leading positions in our juxtaposition.
Request a non-credit check payday loans in as few as 5 mins and get an instant loan decision
Due to the short activity on the non-banking market, some clients may have concerns about the security of borrowing in the loan. What’s more, the company Jame Finance also owns another non-bank brand – Jame. Clients using the non-credit check payday loans services of Green Start / loan lender can, therefore, sleep peacefully.
The advantages and disadvantages of a payday loan in a loan
Like every offer, also and the loan has its strengths and weaknesses. However, before we classified the individual elements of the payday in this company as a disadvantage or advantage, we compared the offer of this brand with other proposals of the non-banking market. We have taken into account features that are important for the borrower, such as the length of the loan period or the loan amount available. Here’s what we’ve been able to determine:
Advantages of a payday loan in a loan
- Free loan for new customers – the new customer does not bear any loan costs.
- A large number of payday loans for regular customers – the existing customer can borrow up to PLN 8,000.
- Quick loan decision – the money can reach the borrower’s bank account in just a few minutes.
- Short registration form – the registration form (which is also part of the loan application) contains only questions about the basic personal data of the borrower.
- No age criterion – every adult person can receive a payday loan.
- Possibility to extend the loan – the obligation may extend both the new and existing customer.
- The option to quickly confirm the identity – immediate verification of the customer is possible thanks to the Kontomatik service.
Disadvantages of the payday loan in the loan
- Low amount of the first loan – a new customer can borrow up to 1,000 PLN.
- The necessity to provide additional documents – the customer must send a certificate of income to the lender.
- One form of cash withdrawal – the payment is paid only by transfer to the customer’s account.
- The possibility of taking a loan only for selected periods – the loan provides payday only for 15 or 30 days.
- Control in several debtors’ databases – A loan uses such registers as BIK, KRD or BIG.
The opinion of the Sharp about the loan
A loan is one of the most interesting offers of a free weekend. We recommend it mainly to people who are looking for a small financial obligation because a new client of this company can borrow no more than PLN 1,000. In our opinion, however, it would be possible to slightly increase the payday limit for new borrowers and introduce a more flexible repayment period. However, the loan is open to the needs of customers, so perhaps soon these changes will become a reality.