1 of 1- luckypenguin
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Loans VS Bank Loans
I know people refuse to go to banks but can take a loan online. Why?
- antonybow
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Re: Loans VS Bank Loans
Banks and organizations that give out loans just want to make money on us. They take advantage of the fact that people constantly want to buy something or that people have some problems. I don't trust them. Even if the interest rate is small, the risk is still there.
- archybows
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Re: Loans VS Bank Loans
The bank is certainly more profitable in terms of interest rate, but you should understand that they ask for more guarantees, and applications are considered much longer. But if the amount is small and needed for a few days, I do not see the point in going to the bank with a bunch of documents. It's easier to take a loan online , get the money on the card and use them immediately. But you will have to pay more interest for the risk and convenience.
- alicestevens
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Re: Loans VS Bank Loans
It is much easier and faster to take the loan online. Banks usually need tons of documents, weeks of time and at the end they can even refuse to give you a loan. Me and my company had business with the payday loans tennessee and the whole application procedure took only few days.
