Company "Loan Money": customer reviews, the procedure for obtaining a loan, repayment terms

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Microfinance allows you to receive small amounts in cash or on a card within a few hours, starting from the moment you apply. This is especially convenient when there are urgent matters that require additional funds. More than a hundred different microfinance organizations are represented in the country. Each of them offers its own conditions for granting a loan and its repayment. Clients need to understand that these are not just companies that give away money. MFIs today are fully subject to Russian law and at the same time receive licenses from the Central Bank of the Russian Federation, just like all operating banks do.

Customer feedback on the company "Loan Money" is almost positive. The MFI has been operating for several years now and offers favorable lending conditions with minimum requirements for the borrower. At the same time, the company constantly holds promotions and has a loy alty program for customers who have repeatedly turned to this financial institution for help.

Company Description

In reviews of"Money on loan" consumers note that the company acts in compliance with all established requirements of the legislation and the Central Bank of the Russian Federation. The company's employees are polite and courteous and always try to help and resolve debt repayment situations. The organization's policy is aimed at providing prompt and high-quality lending services to the population. At the same time, in order to get a loan from the company, you do not need to provide income statements, as well as arrange a pledge.

IFIs are looking to expand their reach. Representative offices are already open in more than 20 major cities across the country. For prompt decision-making, the company simplifies the mode of collecting and providing data when applying. In addition, there is no need to visit the office of the company to get the first loan. The MFI has been operating in the country for more than 4 years, and at the same time it has all the necessary licenses and permits for this.

The official website provides all the necessary information and registration data. Openness and transparency of the transaction is one of the main rules of MFIs. No hidden interest or fees. The borrower pays exactly as much as was taken by him plus interest on the use of the money. There are conditions for prolonging a loan if a citizen does not have time to make a payment on time.

How to get a loan

In reviews of "Money on loan" the speed of the loan is also noted. There is no need to wait several hours or go to the company's office. All actions are carried out through a personal account on the company's website. To do this, you must register. In the indicatedfields enter all the necessary information about the client and his personal passport data. If necessary, a scanned copy of documents may be required.

After that, the loan amount is selected. The minimum loan starts from 10 thousand rubles. At the first appeal, it is possible to receive up to 30-40 thousand rubles. The maximum possible limit is 60 thousand. However, it will be available only after several requests to the company and timely repayment of each loan. At the end, bank details are indicated to which the approved loan amount must be transferred.

Repayment options

The reviews of "Money Borrowed" contain many positive comments about the convenient system for providing a loan. Thanks to the fully electronic function of concluding an agreement and transferring credit funds, borrowers can receive the required amount even through a mobile phone. In addition, if necessary, money and interest on the loan can be deposited through your personal account.

To do this, while on the site, you must open your profile with a valid loan. At the bottom of the window that appears, you will be offered options for repaying the loan. This can be done using already linked bank card details. Additionally, users can make payments through electronic wallets or post offices. The commission for crediting funds is 0%.

Current rates

It is also worth noting that in reviews of the MCC "Money on loan" it is often mentioned that there are many differentloan systems. Active participants in lending programs receive favorable offers from the company and can apply for a loan at more favorable rates. The maximum term of the loan is 4 weeks or 1 calendar month. Interest is charged for using the loan daily.

When receiving a loan in the amount of 10 to 30 thousand rubles, the rate will be no more than 2% per day. If the client receives approval in the amount of 40-60 thousand, then the rate will be 0.9% per day. This offer is available only to borrowers who participate in the company's loy alty program.

Loan terms

Customer reviews about "Loan Money" also describe a fairly loyal approach to obtaining cash loans. Future borrowers do not need to take certificates from the employer and upload their electronic copies to obtain a loan. All information is checked independently by MFO employees. Assessment of the client's solvency allows you to calculate the available amount of credit funds.

The applicant must be at least 21 years of age. An additional condition is official employment. The company does not issue loans to citizens who work without official paperwork. It checks for existing loans. After evaluating this factor, the amount that the client can count on is formed.

Limits and restrictions

Loans are issued only to the card. The reviews of "Money Borrowed" say that there is nohaving to wait a long time to receive funds. Immediately after the application is approved, it can be activated in your personal account. After that, the user selects the available limit and within a few minutes the money is transferred to the bank details specified in the profile. However, money may be delayed if the bank is slow to process incoming transactions.

The company lends to the population in the amount of 10 thousand rubles. Some borrowers note that due to the large limit, it will be difficult to get a loan. This is due to the fact that if a citizen already has several loans or his salary does not allow paying off the loan and interest accrued on it for 4 weeks, then in the end the required amount will be denied.

What are the advantages of the company

Reviews of employees about MCC "Money on loan" are mostly positive. The well-established automatic service for granting loans and receiving payments has significantly accelerated the work. All loan programs are operational. Loans are provided almost around the clock. Employees themselves say that management is demanding in terms of customer service.

There are systems of fines and reprimands for rudeness and rude dialogues with borrowers. All conversations are recorded, and if an employee spoke rudely or raised his voice, the MFI client can call the free hotline and point out this fact. After a service check, the employee will receive a reprimand and a fine. In moreserious cases, the employee may be fired.

Personal account

It is also worth talking about the company's borrowers. About "Money on loan" reviews of debtors are the same as those of employees, they are positive. Due to the constant monitoring of the quality of customer service, he notes the friendliness and efficiency of considering decisions and helping borrowers. Even those who failed to repay the loan on time indicate that employees are trying in every possible way to resolve the current situation, offering to freeze interest or prolong the debt.

As for the work of the site itself, there are no complaints here either. The personal account is compact and offers a choice of a number of options for obtaining a loan. After the conclusion of the loan agreement, it will also be available for review on the personal page. You can also calculate the interest on the loan and see the payment schedule. There is also a section for help and advice on issues of interest.

Interest rate regulation

Customer reviews about the company "Loan Money" can be read on the official website. After using the loan service, borrowers can leave a comment about the work and the MFI in general. Thanks to a convenient loan system, the interest rate has several values. New customers will have to repay the loan and the accrued interest after receiving the loan, so that the new loan will be on more favorable terms.

An interesting feature is that the more often a client applies for a new loan, the lower the daily interest foruse of it. Already with a second loan, there will be not 2%, but 1.9%. Having paid all the funds on time, the client on the sixth appeal can count on a rate of 1.5%. Members of the loy alty program reduce the percentage for using almost 2 times. To do this, you need to take a loan from an MFI more than 10 times.

Loy alty program

Company "Money on loan" monitors the quality of services and offers more favorable conditions to active users of microcredit. The more often a borrower applies for a loan, the lower the interest rate will be. In addition, by becoming a member of the loy alty program, the client gets the opportunity to apply for a loan for the maximum possible amount of 60 thousand rubles.

To do this, you must also fulfill the conditions specified on the company's website. If the borrower delays the payment of interest for the use of funds, its rating is reset. In addition, clients with a large debt load in other MFIs and banks also cannot become participants in the program due to low solvency.

Interesting facts

A loan from "Money on loan" is also interesting because the client receives approval of the application within the first 10 minutes from the moment of contacting the MFI. According to the statistics on the site, more than 27 thousand citizens are registered on the portal and use loans. The average loan amount is 25 thousand rubles. Many of the clients note that these conditions and the speed of granting a loan make it possible to get a loan quickly and at the same time with a minimum package of documents.

Often customers consider the company as an alternative to getting a bank loan. This is explained by the fact that the amounts are high even for MFIs. With the active use of the loan, the borrower can receive up to 60 thousand rubles by pressing just a few buttons on the phone or on the PC keyboard. This is quite convenient if there is no time to wait for a loan approval for several days.