Summer is coming to an end, school is starting, but we may need a smaller loan for an early fall trip or for the start of the school year. We have collected the best payday loan offers for 200 thousand HUF and for a term of 2-3 years.
If you need a smaller loan, it is still worthwhile to choose from bank offers with ever lower interest rates. If you take out a $ 200,000 payday loan for a term of 2 or 3 years, you will have to repay $ 250-300,000 in the most favorable loan offers. Of course, for shorter maturities, the repayment amount may be lower and the monthly installment may be higher. We present the best payday loan offers and the interesting features of each of these schemes.
Where you pay weekly
Let’s start our investigation with the most interesting loan offer . Provident loans are special enough because, unlike other banks, we have to repay the loan weekly, not monthly. Provident also offers a unique service. With their Home Service Package, you can get a personal clerk who will take out a loan at your home, sign a contract with you at home, get the money right away and come for a installment every week. Another benefit of the home service is that the package also includes customer accident insurance for the whole term.
There is a separate charge for Home Service (not listed in our table), which will result in a higher total refund amount. Of course, this service also benefits the credit institution as personal contact is expected to reduce the risk of non-repayment.
Compared to other banks’ 2 or 3 year bids, it is important to note that Provident has a maturity of 105 weeks rather than 24 or 36 months.
Extra interest discount on online registration
With Wealth Life Always Fixed payday loans, you can get a variety of interest discounts, for example, by transferring our income to the bank and having at least four transactions a month from our account, or by using our credit card. But the biggest discount is when you apply for a loan online. In this case, 2% from the bank . you can get an interest discount by presenting a custom code via email.
Also, the installment of FHB Post payday loan is always “fixed”. This credit can only be applied for at post offices designated for sale. To do this, we need to open a Postal Bank Account, which we authorize to repay the loan. A further condition is that we have to deposit a minimum of HUF 100,000 a month into the bank account.
In the event of an accurate repayment, we will receive a refund
For the WeFair Bank Fair payday loan, the Bank will reimburse 1 / 7th of 10% of the loan amount disbursed each year for which full repayment installments have been made without delay. If you take 200,000 forints, the refund amount is 2,857 forints per year, with a total term of 8,571 for 3 years. Applying for a loan is subject to a minimum monthly income of HUF 100,000. The interest period for this loan is 1 year, so for that period the interest rate will remain unchanged.
Another interesting feature of OTP’s offer is that, when applying for a Standard payday loan, the bank guarantees that the requested payday loan will be credited to your bank account within one hour of signing the contract. If this commitment is not met by the bank and we notify the bank, you may receive a Tesco voucher worth 10,000 forints.
Repayable loan amounts
In the case of ConfiBank Renewable Credit, the principal sum not called up or repaid during the term of the loan may be re-used if the customer has fulfilled his payment obligations under the loan agreement or is not on the negative KHR list at the time of the drawdown.
ConfiBank is not expected to make a deposit or any bank activity, not least because we cannot keep a bank account with them. Revolving Credit does not require employer certification to process applications. The interest and installments on the loan may change every six months.
Betelem always borrows a personal credit line that is available at any time in whole or in part, so it can be reused without further credit. Payments on installments replenish the credit line. Existing or newly applied Betelem credit cards are required to take out the loan. The installment is fixed throughout this loan.