Loan and Credit is one of the newer loan providers on the market. They offer loans in the form of credits of up to USD 30,000, and they have a very nice customer satisfaction. Here you will not be asked what you need the money for, and applying online is both easy and fast.
What distinguishes Loan and Credit in particular from the other loan providers is that it is an online credit rather than a limited loan. This means that once you are approved, an online credit has the answers to a cash credit that you decide when you pay out or borrow further. You simply pay the monthly interest rate of 19%.
Can I get a Loan and Credit loan?
The vast majority of people can be approved for a loan at Loan and Credit. They have the following requirements for you as a borrower:
- You must be at least 19 years of age
- You must be a Danish citizen, have a Danish address and a Danish bank account
- You must not be registered in RKI
- You must have a ID
- You should be able to be contacted by mail and phone
New customers who meet the above requirements can apply for loans of up to USD 10,000. Existing customers can apply for loans of up to USD 30,000.
Loan and Credit – very fast loan
At Loan and Credit you can apply for a loan 24 hours a day – and you always get an answer right away. If you get approved and accept the loan, the money will also be transferred to your account immediately. It is therefore a quick payday loan with a very short processing time. Overall, you can expect to have the money in your account within 30 minutes of submitting your application (if it is approved). The application only takes a few minutes to complete and submit.
Loan and Credit credit
Something special about Loan and Credit is that their loan is a credit, as you know it from a bank loan at the bank. This means that you can avoid having to take out more loans after you have paid off this loan. You keep the credit until you choose to pay it yourself. You are therefore free to borrow the credit again if the need arises. You pay your monthly interest and then you decide for yourself how long you want the credit, how much you want to pay off each month, and from one day to the other you can pay off the entire loan if that’s what you want to.
Loan and Credit Good Credit
As both a new and existing borrower, it can be difficult to navigate the many different options you are presented when searching for an online loan. It is important to look out for a loan that meets your wishes. Here it can be a good guideline to look at reviews from previous and existing customers on eg. Trust Pilot to get an indication of overall customer satisfaction.
Loan and Credit has more than 1,100 reviews on Good Credit and receives the overall rating “Excellent”, which is the best rating that can be obtained on Good Credit. It testifies to very satisfied customers. The reviews emphasize a fast turnaround time and a good service.
Loan and Credit pros and cons
Loan and Credit differs from the other loan providers in the market by having a very short processing time and by the very simple process you have to go through to apply for an online credit.
Advantages of Loan and Credit:
- Sending the loan application takes only minutes
- You can have money in your account within 30 minutes
- You decide when to pay the credit
- 30 days is interest free
Disadvantages of Loan and Credit:
- You can borrow a maximum of USD 10,000 as a new customer and USD 30,000 as an existing customer
- The loans have a relatively high APR