Bank loan for a bill of exchange
While with other banks the client normally only concludes a loan or credit agreement, Loan and Credit requires the client to sign a bill of exchange, which then serves to resolve the receivables of the loan.
Bank loan for a bill of exchange from Loan and Credit from 30000 USD
This bank loan can be used for any purpose. If you choose a bank loan for a bill of exchange from Loan and Credit, the money can be used to buy a variety of consumer goods (furniture or other home furnishings, electronics, computers or even new or used cars). The money can also be used for the reconstruction or modernization of the apartment or for other expenses.
A bank loan for a bill of exchange from Loan and Credit is provided in the minimum amount of USD 30000. The maximum amount of this loan is not limited.
Only higher amounts are required by the bank to secure a loan – preferably in the form of collateral or other adequate form of guarantee.
You can borrow money from this bank for 12 – 48 months
The minimum interest rate on this loan starts from 8.5%. Loan and Credit automatically deducts a fee of 2% of the borrowed money for loan approval (minimum is USD 400, the maximum approval fee is unlimited – ie a maximum of 2% of the total loan).
In addition to this one-off fee, you pay the bank an annual fee for managing the loan, which is USD 600 per year (ie USD 50 per month). Furthermore, Loan and Credit requires that you have a current personal account with this bank. From this, the repayments of your loan are made. The basic variant of a personal account at Loan and Credit costs you USD 240 per year (ie USD 20 per month)
If you are interested in this bank loan
For a bill of exchange and you are at least 18 years old, then you will need ordinary personal documents and further prove your income.
As mentioned above, Loan and Credit demands that a blank bill be signed for this loan. There is also a requirement for at least one guarantor (mainly for higher loan amounts). If one of the spouses applies for this promissory note loan, the other may be the guarantor.
The money obtained from this loan can then be used for anything and without restrictions. So you can buy what you need right now, or spend it in any other way.