All your plans with your loan Currency Now

Advantages of the Currency Now loans

Advantages of the Currency Now loans

In Currency Now you can request a personal loan that fits your needs with transparent conditions

In Currency Now you can request a personal loan that fits your needs with transparent conditions

Apply for your loan in 3 steps

Apply for your loan in 3 steps

Discover how to apply for a loan in Monedo Now in just a few steps

Discover how to apply for a loan in Monedo Now in just a few steps

1. Send your request

1. Send your request

Choose the loan amount and the monthly fee. Next we will ask you some personal information.

2. Get your loan offer

2. Get your loan offer

Once your loan application is approved, you will receive a personalized offer that you can modify.

3. Get your money fast

3. Get your money fast

You just have to confirm your loan offer and we will send you the money immediately.

Security and data protection

Security and data protection

The data of our clients are protected at all times

The data of our clients are protected at all times

less plus On safety

Transparent fees

Transparent fees

Monedo Now offers flexible personal loans to return between 6 and 36 months with a minimum APR of 60.10% and a maximum of 197.15%. For example, for a loan of € 1,000 to pay in 12 monthly installments, you must return a total of € 1,535.07 in installments of € 127.92, corresponding to an 87% APR. The minimum APR for this example is 80% and maximum of 197%. The representative example is based on the average duration and the total loan amount. The methodology for calculating the average duration is weighted by the following calculations: the average duration and the quantity issued, divided by the total amounts issued. The methodology for defining the amount granted for the representative example is based on the total amount issued divided by the number of credits issued.

Additional costs

Additional costs

We reserve the right to charge additional fees associated with the costs of recovering the amounts granted and / or other charges associated with the loan. The costs of fast online loans can include, for example, administrative expenses, interest for late payment and legal costs.

Possible consequences on your credit profile

Possible consequences on your credit profile

If our efforts to reach an amicable solution fail, we can notify of the non-payment of the loan to the unpaid file, which can result in a negative reflection in the personal credit profile of the client. In addition, legal recovery processes may be carried out to recover the loaned amounts.

Consequences of default

Consequences of default

In accordance with our commitment to act as a responsible lender, our recovery team and / or the representative recovery agency can contact clients before the loan payment expires, to provide all the necessary information to make decisions about of the payment solutions that best suit them. In the event that the refund is not made within the terms of the loan contract, the borrower must pay a commission for non-payment of 20 euros for the steps taken by the lender to manage the payment. This fee will be applied only once for the unpaid installment, even if it is still pending payment. We also reserve the right to transfer the debt to an external collection agency. As a global provider of consumer finance services we always strive to find the most suitable payment solution for clients facing temporary or permanent financial difficulties, in line with our mission to become a sustainable lender. Our recovery activities are an important part of our mission to provide financial education to our clients, before they incur financial problems and face delays in their payments.

Sometimes due to technical problems or banking operations, it is possible that the loan delivery time is from 24 to 48 hours.

Looking for a loan from private?

 

For a private loan, the lender is a private individual. The lender or lender was often earlier in the private environment (friends, relatives, neighbors etc) to find the borrower. Nowadays, there are portals on the Internet that provide loans from private to private online. It is not necessary to contact a loan shark.

The advantages of private lenders

The advantages of private lenders

The advantage of private loans is the quick provision of the required amount of money. Equally advantageous are the individually agreed interest rates and the terms and also partly the verbal agreement with a friend or family member. For example, when borrowing money from a family member to renovate a home, the lender or lender is usually comfortable with the borrower’s financial situation, and the money is quickly made available without collateral and credit checks.

The credit rating of a private loan

The credit rating of a private loan

The creditworthiness should not be completely ignored when lending within the circle of acquaintances. If the borrower or borrower who asks for a loan from a private bank has already been rejected by a bank because of its creditworthiness, the future lender or lender will take a high risk here. If the borrower or borrower is unable to meet a payment date, it is possible to re-adjust the term in a call, but these problems can then continue to increase, or the borrower or borrower cancels payments completely. In such a case it makes sense to have a written contract. However, this can also lead to problems if the clauses contained therein are not properly formulated. Likewise, because of the repayment problems, the personal relationship with the borrower or borrower may also be heavily charged.

The private credit intermediaries on the Internet

Brokerage platforms, such as or , bring together online lenders or creditors or borrowers. The types of loans brokered on these platforms are mostly installment loans, for which terms and interest rates are individually agreed.

Such a loan over the Internet has some advantages over the installment loan from a bank. These include, among other things, a less burdensome procedure for the awarding of the loan, the fees are lower (depending on the term and the amount of the loan), sometimes lower interest rates (to be negotiated); a possibly lower acceptance threshold (creditworthiness, security) or no reporting of the lending and the loan request to the remark.

Private credit providers

The access threshold for the private loan is lower here, in contrast to a loan from the bank. Nevertheless, these are not completely eliminated. Again, the credit rating (salary statements or remark entries) or existing collateral are checked.

The advantage of a credit project on the Internet for the loan or borrower here, however, by the present, even though this project despite negative remark classification and there may convince the future credit or lender of the concept may.

Consolidation Loans

The installment of your loan is too high?

The installment of your loan is too high?

We are aware of the difficulty of repaying many loans at the same time. It is a challenge for both the Borrower due to the multitude of dates and for his portfolio. That is why, in response to these and similar problems, we have prepared a proposal for a consolidation loan. Consolidation loans are loans, thanks to which you can get rid of all your liabilities by combining them into one, low installment, and at the same time you always have the opportunity to choose additional cash for new purposes. See lostnomad.org for an observation

Therefore, instead of wasting time and money on paying expensive installments several times a month, contact us and choose a consolidation loan. Our consultant will certainly choose a solution that perfectly suits your situation. We will choose the best option for consolidation for you as well as help us complete and prepare appropriate documents for this purpose.

With us you will save time and money.

Benefits for you:

  • by combining all installments into one, you reduce your monthly liabilities
  • loan amount up to 150,000 PLN without a guarantor
  • the possibility of obtaining additional cash for any purpose
  • loan period up to 120 months
  • attractive interest rate is equal to low installment and recovered creditworthiness

additional opportunities:

  • the opportunity to join a loan with a spouse and consolidate his / her obligations
  • the opportunity to join insurance from:
    • death and permanent disability
    • job loss or temporary incapacity to work or serious illness

Summarizing:

  • You are not sure if the loan you have made was granted to you on good terms?
  • A quarter of an hour is enough to check how much we can reduce your installments!
  • Think, can you afford to overpay for expensive loans?
  • Our advisers have helped dozens of people. Join their group and lower your installments.

 

A Consolidation Loan and its Secrets – When is it Worth it When it is not Worth it?

Very often, we happen to incur more than one loan – whether for the repayment of previous loans, sudden expenses or thoughtful investment. If we actually have several debts, we may be tempted by a consolidation loan. Why should you consider consolidating your loan? Learn more at carfin.org.uk

What is the consolidation of loans

What is the consolidation of loans

Consolidation consists in combining many debts into one installment, which allows us to reduce the cost of monthly liabilities. This may apply to almost all types of loans, both those taken on a credit card, loans for an apartment or cash loans . However, the fairy-tale image created by banks providing such loans may not always coincide with our expectations. How is it possible that by paying a consolidation loan, we pay less each month?

Extending the loan repayment period

Extending the loan repayment period

Consolidation is associated with the extension of the repayment period of some loans – thanks to this, it is possible to reduce the monthly liabilities. It must be admitted that this amount may be reduced by up to 2 percentage points on a monthly basis. Although the monthly cost is lower and it seems to us that we won the lottery, in fact the costs we incur in connection with the repayment of all our debts will be higher than in the case of resignation from the consolidation loan. This is due to the fact that the longer we pay off the loan, the longer we pay interest – in the long run we have to incur additional financial liabilities. The higher costs are also generated by the fact that banks, as in the case of taking out any other loan, set a commission for its granting.

Reducing loan costs through consolidation

Reducing loan costs through consolidation

So we have a simple application – people who expect problems with repayment of loans taken so far should decide on a consolidation loan. If, on the other hand, we want to reduce the costs of liabilities, we may be surprised and fall into the trap. In fact, it is only helpful for people who prefer to pay it longer and pay more to lower the monthly installment. It is worth remembering that even if the hole in our budget puts us against the wall, a consolidation loan is not the only option to deal with financial problems. We can also try to get help from the bank: a grace period in loan repayment or credit holidays. If our situation is extremely difficult, we may also have a chance to agree with a bank adjusted to the state of our finances.

As you know, drowning razors are caught. It is, however, worth considering twice what our priorities are and whether our loan consolidation requirements are our requirements. If we are not convinced of this, it is better to try to get into financial trouble in a different way to avoid additional costs.