The Internet allows you to simplify activities that have taken up a lot of time. This applies to a large extent to financial matters. Currently, having a bank account with the option of servicing via the Internet, there is no longer a need to leave the house, queue in a bank or post office to pay all bills. You can pay bills via the website without leaving your home. In the same way as making payments, it is also easy to take out a loan online. It is not a loan in the full sense of the word, but a non-bank loan, available in one of many non-bank companies that operate on the Polish financial market.
Distinguishing loan from loans is a must, so that there is no unpleasant mistake. The loan can only be granted by banks. Usually, it is spent on a specific, established goal. On the other hand, loans can be granted by banks, non-banking companies and even private individuals. These granting and repayment results from the loan agreement, the rules of which are set out in the anti-usury law and the Civil Code. However, over the past few years online credit has become very popular as a support for home finances.
The Polish Financial Supervision Authority, as soon as the crisis began to be felt in Poland, introduced numerous guidelines for the bank, aimed at limiting the credit risk borne by the banks. The reason is that many people do not have the possibility to take a loan at the bank. The proof loan that once functioned ceased to exist. There are only a few banks that offer credit for proof or credit via the Internet, but only to regular customers who have been with them for years, have regular account receipts and a very good history of cooperation.
The KNF exacerbations have meant that non-bank companies have started to develop very dynamically. They offer quick cash loans, granted on very simplified terms. This also applies to loans over the Internet, and more specifically – loans granted online. It can be incurred and repaid without having to appear in the company’s outlet.
The real lapse of loans granted via the Internet took place in 2012. From now, quick loans are an alternative to cash loans granted by banks. Their popularity is still growing because they have clear and easy rules of borrowing and debt repayment.
After years of non-banking companies, clients already know that reliable companies operate on the market, and fast loans are not a sign of usury, but a financial product, like all other, provided by a financial institution, in accordance with the terms of the loan agreement.
Credit Information Bureau has even decided to conduct research on non-bank companies. As part of the research, it was found that as many as 64% of clients are satisfied with using the financial products of a loan company, 29% were moderately satisfied. On the other hand, only 4% of clients expressed a definitely negative opinion, related to a small – according to them – transparency of information on loans granted by a non-bank company.
In addition, over half of the surveyed people were satisfied with the cost of online loans. Contrary to unfavorable opinions that arise about interest rates on quick loans, their interest – just like loans in banks – can not be more than four times the NBP lombard rate.