OneClickMoney: reviews, loan conditions

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

Many people have situations when money is needed urgently, literally from minute to minute, and salary is not soon. An even more difficult situation arises when unexpected expenses arise due to a car breakdown, the need for urgent repairs in the apartment, or the illness of a family member.

Not everyone likes to borrow money from friends and acquaintances. Moreover, not everyone has such friends who could borrow a large amount. Banks do not issue loans if a person has a bad credit history. In these cases, MFIs help a lot, one of which is OneClickMoney. Reviews about this method of obtaining money are rather ambiguous. Let's take a closer look.

What is an MFI?

MFI is an abbreviation that stands for "Microfinance Organization". As a rule, MFIs specialize in lending to the population for small amounts: the so-called payday loans.

Mostly such organizations do not require guarantors andincome statements, and also offer relatively small amounts of debt - up to 50 thousand rubles. You can apply on the websites of such organizations or directly at the office. Of the documents in any case, a passport or passport data will be required. The rest of the information is specified directly in a particular MFI.

OneClickMoney is one of the leading microfinance institutions in Russia. She has her own website - oneclickmoney.ru. Reviews, detailed information on the loan, interest rates, public offer - everything is located at this address. Thanks to this, before applying for a loan, you can familiarize yourself with all the data as much as possible and make a decision.

Most of the reviews about OneClickMoney are generally positive, but it is worth noting that some MFIs remove negative reviews or ask their partners to do so. Therefore, it is advisable to focus on reviews left on verified independent resources.

To get a loan from this organization, you must fill out a form and wait for a decision. Preferably, it is received automatically after processing the data entered by the user. On average, this takes four to ten minutes. After the approval of the application, the client receives money on the card or on the account of the electronic payment system within 10-20 minutes. In addition, it is possible to get a loan through the Unistream or Golden Crown transfer system.

Register with OneClickMoney

Only a few functions are available without registration:

• With helpa special calculator to approximately estimate the interest rate on the desired loan.
• Ask a technical support specialist online.
• Read the general information and the terms of use of the service.

To apply for a loan and enter OneClickMoney, you need to register. Registration takes place simultaneously with the loan application process.

You need to pass verification and sign a public offer agreement. The system sends a message to the borrower's phone number with a code that must be entered in a special field. The introduction of this code indicates that the user agrees with the contract, and also confirms the fact that he has provided the correct personal data.

After entering all the necessary data, you are logged into OneClickMoney, to your personal account.

Information requested by the system for applying for a loan:

• Passport data (full name, date of birth, address of registration and actual residence).
• Place of work. If the potential borrower is a student, retired or unemployed, please indicate this.
• Loan amount and term.
• Number and series of the passport, place of issue.
• Main mobile phone number.
• Additionally ask other contacts (additional phone numbers, Skype login), but this is optional.

After entering your OneClickMoney personal account, you can verify the correctness of all the entered data. It is worth noting that no one requires you to send a photocopy or a scanned copy of your passport. Enoughonly correctly specified passport data.

Mobile app features

Microfinance organization OneClickMoney offers its customers the opportunity to use a mobile application. Many of them have already noted the convenience of this solution.

You can enter OneClickMoney not only with a login, which is an email address, and a password, but also through authorization on the State Services website. For many, this option is much easier. The same option is available for logging into the mobile application.

The application works on both Android and Apple platforms, so it can be used by different categories of users. In addition, the application is quite lightweight - it takes up only 25 megabytes of the device's RAM.

The undoubted advantage is that you can enter your OneClickMoney personal account at any time, provided you have an Internet connection, and either view information on debts or make a payment.

In addition, you can apply for a loan. Applications received from a mobile device through the application take an average of four minutes to process, while applications from a computer take about seven minutes.

Loan conditions

Microcredit can only be obtained by adult citizens of Russia with a passport confirming this fact. Conditions are as follows:

• Maximum borrower age is 80 years.
• Minimumloan amount - 500 rubles, maximum - 30 thousand rubles.
• Loan repayment period from 6 to 21 days.
• The rate averages from 1% to 2.2% per day. In other words, the sooner the debt is repaid, the less interest you will have to pay.

You can receive money to a bank card, to an electronic payment system account, through the Unistream or Golden Crown transfer systems.

Reviews on OneClickMoney indicate that the loan application is approved in most cases, and the money comes to the borrower almost instantly.

When you receive a loan again, there is no need to go through the entire registration procedure again. All you have to do is log in to your personal account and apply for a loan. The previously filled data will already remain in your personal account, and it will be possible to edit them if they change (change of address, surname, passport, etc.).

Debt repayment methods

You can return the loan and interest in one of the following ways:

• Payment through your personal account on the site.
• Payment from the card. Mastercard, Visa, Mir and Maestro are supported.
• Internet banking: Sberbank-Online, Alfa-Click.
• Electronic payment systems WebMoney and Yandex-Money.
• Terminals and cash desks of any banks.

In order to get full information on debts, you need to enter your OneClickMoney personal account, where you will find all the necessary information. In the same place, you can fully repay the debt or take the bank details for payment. They are displayed in the publicoffer.

To pay through your personal account, you need to enter personal data and a bank card number. Payment in a commercial bank is carried out according to the standard procedure: either at the cash desk, or by transfer through a terminal or ATM, or through Internet banking.

Judging by the reviews about the delay in OneClickMoney, it is advisable to take the process of debt repayment with all responsibility. Since the interest rate of MFIs is an order of magnitude higher than that of most banks, the overpayment for a late payment or no payment at all will be much higher.

The Benefits of OneClickMoney Microlending

Any financial institution has its advantages and disadvantages. Consider the main advantages of obtaining a loan in OneClickMoney:

• The process of filling out and reviewing the application takes a little time.
• There is no need to personally visit the organization's office to receive a loan or pay off a debt.
• Only a passport is needed.
• The organization provides assistance even in case of bad credit history.
• The organization works 24 hours a day, so you can apply for a loan at any time of the day or night.
• It is possible to apply for a loan or pay off debt through a special application on your smartphone.
• Loans can be obtained by absolutely any category of borrowers. The main thing is to comply with two basic requirements (to be an adult citizen of the Russian Federation not older than 80).
• It is possible to repay the debt ahead of schedule without imposing additional pen alties forthis is. Moreover, this is encouraged by the organization itself: in case of early repayment, less interest will be charged.
• It is possible to use a promo code to get a discount. As a rule, the discount implies a reduced interest rate for obtaining a loan.
• The organization acts in the interests of users and fully complies with the law of the Russian Federation "On the protection of personal data". That is why the client can be calm: his personal information will not be transferred to third parties.

To perform any transactions with a debt, the client needs to log in to his OneClickMoney account. You can sign in with your email address and password. The process is very simple and is no different than logging into your social media account or email account.

Disadvantages of OneClickMoney

The disadvantages of interacting with the OneClickMoney organization include the following:

• Login to your personal account is hard to find on the site: the login button seems hidden to some. In practice, this feeling is created due to the design: the site is made in black, white and orange, and the black login button seems invisible against the bright orange background.
• The commission is quite high compared to the commission in banks. On average, banks offer loans at 10 - 30% per year, while 21% (and this is at least) will be accrued if you apply for a loan for the maximum period in OneClickMoney. The maximum rate can reach 40% in 21 days.
• Consultants on the site do not always respond promptly. That is why clients oftenhave to call if you have questions.
• It's not immediately clear what kind of insurance the main page is talking about.

Risks and pitfalls

In fact, any options for loans and loans carry huge risks: many people gradually get used to living on credit and do not notice that they are starting to give more than they receive.

Besides, getting loans from microfinance organizations is easier and faster, but the interest rate is much higher. For comparison: you can find banks with an interest rate of 10% per year, while for a loan from an MFI for 20 days you will have to pay more than 15 - 20%.

Some unscrupulous citizens believe that it is easier to deceive an MFI than a bank. In fact, the debt will have to be paid anyway. Judging by the reviews of OneClickMoney debtors, it is impossible to bypass the payment of the debt: the organization retains all the client's passport data, which makes it easy to find him. Therefore, it is better not to take risks and use common sense. Moreover, if for some reason it is not possible to pay off the debt on time, it is better to contact OneClickMoney employees and discuss the possibility and ways to solve the problem.

Customer Reviews

As mentioned earlier, reviews of OneClickMoney are quite contradictory. To see the completeness of the opinions of customers, you need to turn to independent sites, which we did.

• Most clients of OneClickMoney's advantages point out the obvious: the speed of making a decision on issuing a loan,a large selection of debt repayment options, a user-friendly interface of the website and mobile application, as well as the very fact of having a mobile application. The latter is very helpful for busy people who have the opportunity to repay a loan or apply for a loan in a free moment. The main thing is to have access to the Internet from a mobile device. It is worth noting that the application is supported on both smartphones and tablets.
• Another plus, which was especially appreciated by users, is the presence of an online calculator on the OneClickMoney website and the fact that it can be used before registration. Thanks to this calculator, you can accurately determine the amount of the interest rate that you will need to pay in addition to the loan amount.
• Users also appreciated the ability to borrow money at any time of the day. Some clients shared their stories when money was needed urgently at night, and there was no way for someone to borrow. In this case, a loan from an MFI was very helpful.

Along with the advantages, some disadvantages were highlighted.

• Most of the users were dissatisfied with the high interest rate. However, in reality, approximately the same interest rate is charged when applying for a loan in any microfinance organization. The bank rate is lower, but the process of obtaining a loan is more complicated and takes more time. Moreover, it is rare that banks are ready to transfer money to the account of an electronic payment system and, moreover, through payment systems.
• Some did not understand what kind of insurance the system offers to take out in addition to the loan. Because in the processcompleting the application, I had to either look for information on insurance, or simply refuse it in order to save time. In general, insurance allows you to increase the organization's level of trust in the client, so the attitude will be more loyal.

CV

Loaning in OneClickMoney helps a huge number of people in difficult financial situations.

It is important to remember that the conditions of MFIs differ significantly from those of commercial banks. First of all, this difference is connected with the size of the interest rate: in MFIs it is much higher than in banks. However, this unpleasant difference is smoothed out by the speed of obtaining money. If in many banks a decision can be made within a few days, in parallel calling the applicant to the office and demanding additional documents, guarantors and income statements from him, then in a microfinance organization the decision is made in a few minutes. In addition, money can be received to a bank or electronic account without leaving home.