Rate per day
0.01%
Term
to 80 days
Consideration
Instantly
Eng
MFIs that issue credit for a year on a card
Matched 19 credits
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 30 days
Consideration
Instantly
Rate per day
3.7%
Term
to 30 days
Consideration
Instantly
Rate per day
1%
Term
to 169 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 30 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 120 days
Consideration
Instantly
Rate per day
0.01%
Term
to 165 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 140 days
Consideration
Instantly
Rate per day
0.01%
Term
to 30 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 365 days
Consideration
Instantly
Rate per day
0.01%
Term
to 65 days
Consideration
Instantly
Rate per day
0.01%
Term
to 360 days
Consideration
Instantly
Rate per day
0.01% - 1%
Term
to 360 days
Consideration
Instantly
Profitable to take out a loan for 12 months - how realistic is it?
It is usually easier to get a microloan for a period of 12 months through microfinance organizations (MFIs), as they have more flexible loan terms than other financial institutions. Today, many financial institutions offer loans online, which allows you to get a quick decision without having to visit a bank. The advantage of online loans is that you can quickly compare the terms of different lenders without leaving your home.
Advantages of a 12-month loan:
- Quick receipt of funds. Usually, you can apply for a loan online and receive the money within a day.
- Small monthly payments. A 12-month loan can be divided into small monthly installments, making it more affordable.
- An opportunity to improve your credit history. If you repay the loan on time, it will improve your credit score, which can help you get more favorable loans in the future.
So, to make the loan profitable and safe for your financial situation, it is important to follow the following key steps:
- Carefully compare offers from different lenders. Do not choose the first offer that comes across, as loan terms and conditions may vary significantly between lenders. Use online calculators, comparison sites, and other resources to find the most favorable rates and terms.
- Carefully read the terms of the microloan. It's important to understand all the details of the loan agreement, including the annual percentage rate (APR), loan term, monthly payments, and possible fees and penalties for late payments. This will help you avoid unexpected expenses.
- Assess your own financial capabilities. Before taking out a microloan, it's important to analyze your budget and make sure that your monthly loan payments won't be too burdensome. Consider not only your current income but also possible unforeseen expenses in the future.
How to apply for a loan online for a year on a card in Ukraine
- Choose a microfinance organization. There are many MFIs in Ukraine that offer different loan terms. Pay attention to interest rates, maximum loan amount, repayment terms, and requirements for borrowers. It is important to choose an organization that has good reviews and offers favorable terms.
- After choosing an MFI, you will need to fill out an online application on the organization's website. Usually, you will need to provide personal data, a passport of a citizen of Ukraine, an identification code, and the number of the bank card to which you want to receive a loan. Be careful and make sure that all the data is entered correctly.
- After submitting the application, the MFI will analyze your credit history and financial situation. This process can take from a few minutes to several hours. In most cases, the decision to issue a loan is made fairly quickly.
- If the decision is positive, the money will be transferred to your bank card. The transfer time may vary, but it usually happens within a few minutes or hours. Make sure you enter the correct card number.
Do not forget about the need to repay the loan on time. Failure to comply with the terms of the loan agreement may result in fines. You can repay the loan through payment services, using a bank card or through self-service terminals. Getting a loan online to a card is a convenient and fast way to get the money you need. It is important to approach this process responsibly, choose a microfinance organization carefully, and repay the loan on time.