Loans without preliminary fees, online bids
The process for obtaining online loans, in addition to being faster and accessible at any time without an appointment, can give considerable advantages in terms of ancillary costs, preliminary investigation and first-rate installment collection, which participate in the total cost of the financing together with interest. To understand to what extent the subscription and management costs of the contract affect the total costs, it is sufficient to compare the TAN and the APR, which is the annual nominal rate for interest only and the annual percentage rate, index of the real cost of the product chosen.
So let’s see some examples of online loans with preliminary and management fees charged to the financial company.
Online loans from 2,000 to 10,000 euros
The Bank Leluna group, through Consel, offers online loans from 2,000 to 10,000 euros, without preliminary fees, without installment commission and without costs associated with periodic reporting. The stamp duty on the contract is charged on the first monthly payment and is 16 euros. Until June 30, 2016, requesting 5,000 euros online to be repaid in 36 installments, the TAN is 8.20%, APR 8.76%.
Astrofinance offers online personal loans from 1,000 to 60,000 euros. The loan is designed to fully cover the costs of different projects, the disbursement and reimbursement are made by crediting and direct debit in the current account. Astrofinance clears stamp duty, preliminary investigation costs, costs for periodic communications with the customer and installment collection commissions. The digital signature service, indispensable for obtaining distance financing, is included, as are the options for modifying and postponing the monthly installment.
Flesh loan from InstaDirect is another example of a zero-cost loan, with no preliminary or management costs. Also in this case there is the possibility of making changes to the terms of repayment without additional costs. The stamp duty is zeroed for loans up to 18 months repaid through the Flesh Current Account.