Smart loan: customer and employee reviews

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

Recently, the popularity of microcredit organizations is beginning to grow. As banks cut back on lending programs and tighten lending rules, smaller companies are flourishing, charging higher interest rates but being more lenient with borrowers. Attempts to secure their investments turn into the fact that conscientious payers are forced to cover problem loans as well. Among all these organizations, Smart Credit stands out. Reviews about her are mostly positive. Based on this, we can conclude that the MFI offers quite acceptable conditions. Let's get to know them better.

Best in Russia

For more than five years, a successful MFI called "Smart Credit" has been actively developing in our country. Reviews emphasize convenient lending conditions that can be used repeatedly, as needed. Consumers say that regular loans and timely repayments help improve credit history if it has been damaged in the past. Therefore, it is beneficial to cooperate with an MFI if after a while you plan to make a large purchase, and this will require a loan.

What do they offer to customers?

The company has developed simple and clear terms of cooperation. You no longer need to go to the office and sit in line, wait for approval for several days and collect certificates from work. It is enough for MFI employees to get information about your passport number. Of course, the data will be checked so that no one can use someone else's document. Minimum requirements:

• Borrower must be between 21 and 65 years old.
• Must have a permanent job.
• Russian citizenship and Russian passport.
• Registration in Russia.

The company is so loyal to its customers that it is ready to consider applications if there is an extinguished criminal record. The exceptions are such articles as terrorism, threats to the life and he alth of citizens. Even a bad credit history is not a reason for refusal. The only point is that in this case the amount will be minimal.

Methods of obtaining

What do you need to take money from Smart Credit? Reviews emphasize that you only need to go to the official website and read the conditions. Here you can go through three simple steps:

• Fill out and apply.
• Wait for an answer to the mobile phone.
• Sign a contract and receive money without leaving home.

The whole process takes place online. All you need is a passport and a mobile phone. This is what distinguishes Smart Credit from all its competitors. Reviews emphasize that in some cases thismuch more convenient than using the services of a pawnshop. No need to go anywhere, stand in lines. After the application is approved, you will receive money on your card.

Tariff plans

Reviews about the Smart Credit MFO confirm that at the first application, especially if the client has a bad history, they usually approve it, but the minimum amount is supposed to be issued, that is, 2 thousand rubles. Provided that the amount is returned on time, the limit will gradually increase:

• Amount smart 1 - from 2 thousand to 9 thousand rubles. Which category the client will be assigned to will be decided by the bank employee on the basis of the completed questionnaire.
• Smart 2 - loans up to 20,000 rubles. At the same time, the term for using money increases, but more on that below.
• Smart 3 - up to 30 thousand rubles.

First of all, we are interested in reviews of debtors. Smart Credit has gained trust through a transparent lending scheme. In most cases, money is taken in case of emergency, when there is not enough to pay. At the same time, people emphasize that the overpayment is very small. Many note that for the first time they did not want to contact MFIs, but after studying the conditions, they decided to try. For those who are not sure that they will be able to repay on time, there is a loan extension scheme, which the manager will definitely acquaint you with.

Additional terms

Reviews from Smart Credit customers note that with each new loan, you increase the time for using money. For the first tariff, this period is from 7 to 21 days,depending on the specifics of the contract. In the future, the period increases to 25-30 days. All tariffs provide for an extension of the contract. Of course, the percentage fee will be revised for this, but it helps a lot in some situations.

Reviews of debtors "Smart Credit" in 2017 note that with growth and development, the company does not tighten conditions. Many were pleasantly surprised that, having overdue by a few days, they overpaid a very small amount.

Percentage fee

If we compare again with pawnshops, then the conditions are a bit similar. Interest is calculated after the fact, for each day the money is used. But you do not need any collateral or guarantee. The daily interest on the initial loan is 1.7%. Gradually, the rate is reduced to 1.4%, as well as 1.3%. If you can confirm income, then with a positive credit history, you can get money at 1.1% per day. Accordingly, in a month it accumulates from 30% to 50%. A lot, but the sooner you pay, the less you overpay. Accordingly, it is convenient to use such loans if the salary is in a few days, and you have already run out of money. In this case, the overpayment will be small.

Receipt of funds

When you first apply, there is only one way, namely, crediting a microloan to the card. With subsequent requests, other options will become available that may seem more acceptable to the client. These are various wallets or bank transfers. In subsequent calls, you canwill also transfer the loan to the card. Do not forget to check with the manager about the time of receipt of funds, the size of the commission. This can be done over the phone. This is an important point, since interest begins to be calculated from the time of receipt, and not withdrawal.

Whatever option you choose, the main thing is to correctly assess your income and expenses. This is exactly what the feedback from employees says. "Smart Credit" is a great help in an emergency, but you should not spend money thoughtlessly, unless absolutely necessary.

Methods of repaying loans

Everything is quite simple here, you can return the debt to Smart Credit using the same systems as when receiving it. In addition, it is possible to use the terminals. Managers will instruct you that you can repay the debt in installments or in a single payment. Early repayment or extension of the microcredit is also possible. In case of a premature return, the company will automatically recalculate the interest, and you will pay only for the actual time of using the money. This way you can save a lot.

How does the partial repayment of an online loan work? This measure involves making planned payments. Interest on each subsequent payment is calculated on the remaining amount, that is, minus the payment made.

Russia, Kazakhstan and Belarus

Today, these countries are covered by the Smart Credit MFI network. Gomel (we will consider the reviews of the townspeople below) is one of the first cities in Belarus where online resources began to function to provideloans to the public. The conditions are the same, register your application on the site and receive money on the card. The company's network is growing and developing. Today there are already representative offices in the capital of Kazakhstan. Judging by the demand for such a service, in the future the company will only grow and develop. Customers like loyal conditions, and they are ready to overpay a certain amount of remuneration, but then use the money when you really need it.

Positive feedback

More than 90% of feedback on the company's activities are positive. Borrowers allocate a quick consideration of the application, and the accrual of funds occurs in just 15 minutes. It is possible to get a loan with a bad credit history, which is also a very important point. According to regular customers, the biggest plus of the loan terms is that there is the possibility of prolonging the contract, as well as early repayment without interest. For example, if you took 5 thousand rubles and returned it a week later, then the overpayment is only 700 rubles. And there is no need to ask for a loan from friends and acquaintances.

Negative reviews

There are customers who are dissatisfied with the cooperation with the company. First of all, these are those whose debt was transferred to collectors. "Smart Credit", reviews of which allow you to present a company loyal to borrowers, will rather patiently provide you with the opportunity to pay off your debt. But if the client is hiding and does not want to take responsibility, then the case can be transferredcollection offices. In this case, a real raid begins on a person. They call him constantly, day and night, at home and at work. In most cases, they begin to disturb relatives and friends, offering them to influence the borrower. They may move to more drastic measures.

But these are extremes. Company managers are always ready to listen to you, revise the terms and extend the contract, if necessary. What other negative reviews about the company can be found? First of all, I would like to note that there is no information that the MFI violates the terms of the contract. Here are the disadvantages borrowers see:

• There are technical failures on the site, as a result of which the application does not reach the managers. In this case, you must call the hotline.
• The reason for the refusal is not explained, in principle, as in other banks.
• Since the transfer of money goes directly to the client's card, it is considered that he began to use them from the first day. It happens that a person received money, but the problem was solved in a different way, and he wants to return these funds to the MFI. In this case, you will have to pay interest for the days the money was on your card.
• It also happens that the loan is returned, but after a while, calls from MFIs begin demanding to repay the debt. This may be due to the fact that interest accrued while the bank transfer was being made. In this case, you need to provide receipts for payment. Then the bank will save you from having to pay interest.

Instead of a conclusion

As you can see, there are much more positive reviews, and even negative ones, mainly from those who could not repay the debt on time or did not get acquainted with the terms of the loan. In both cases, the person himself is to blame, and not the credit institution at all. Therefore, before borrowing money, be sure to weigh your financial capabilities. Maybe you should cut down on the extra spending to avoid big trouble in the future.