Banks That Offer 2019 Festive Loans and Interest Rates

Banks are the type of periodic campaign credit that consumers make for shopping, visiting and holiday expenses during the times of sacrifice and Ramadan. Almost every bank competes with one another to give loans under the name of a holiday loan.

2019 Festive Loan Terms?

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  • As with all loans, we need to be 18 years old to get festive loans.
  • Our credit rating that all banks give importance is not at a risky level.
  • We document and declare all our income with paperwork.
  • Eid loan term demands not more than 36 months.
  • The loan we demand does not exceed half of the income we declare monthly installment.

Highest Term in Eid Loan?

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As the Good Finance investment Corporation (GFIC) regulates all bank maturities, the holiday loan cannot exceed 3 years (36 months) due to the type of consumer loan. When you exceed 36 months of maturity, you can not take advantage of the holiday loan interest rates.

Documents and Documents Required for Festive Loan Application

Documents and Documents Required for Festive Loan Application

For Wage Employees ;

  • Identity Card, Driver’s License or Passport
  • Current invoice (natural gas, electricity, water or telephone)
  • Document showing additional income, if any
  • Salary Payroll and Company Signature Circular

For retirees ;

  • Retirement Salary Wallet
  • Bank Information on Retirement Salary Deposit

For those who have a company ;

  • Tax Board
  • Commercial Registry Gazette
  • Room Registration Certificate

Banks that provide the most appropriate holiday loans 2019

There are holiday loan campaigns in almost every bank. Some banks may be more attractive to interest rates and campaign options. Below, we have listed the banks that give you the most suitable holiday loans.

You can find the credit products of other banks on our bank’s page. The banks that gave the most appropriate holiday loans ;

Eid Loan Interest Rates 2019

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Solving our urgent cash needs by credit is not a profitable business, as banks generally raise interest rates. In some emergencies, we even need to take out a loan even if we are at a loss.

At such times, we have to choose the lowest interest rate and the one with a higher maturity option. Apart from the interest rate and maturity option, the most important point is the life insurance cost.

Since the loan allocation fee is fixed, it does not matter much. The interest rates below are written according to the option of 10.000 USD 36 months.

Holiday Loan Calculator 2019

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We made the example of a holiday loan calculation with the interest rates of 10.000 USD and 3 years (36 months) with the nine banks we gave you above.

Considering the interest rates above, GFI bank gives the most suitable holiday loan. Interest rates may vary depending on the amount you will receive from banks and the number of terms.

In the table below, we have shared an example of a holiday loan calculation with 15,000 USD and 3 years (36 months) maturity option.

What happens if mortgage loan is not paid?

One of the most important questions from the minds of those who take home loans is the question of what happens if the loan is not paid. Especially, people who take home loans with a long term up to 10 years from banks may have difficulty in paying their loan installments due to the surprises brought by life conditions over time.

First of all, when a mortgage loan used from the bank is not paid, only a few installments or delays will cause the bank to take legal action and we will try to explain what people should do in such cases.

Let’s look at the difference between the delay and non-payment processes of a mortgage loan:

Credit debt payments are delayed from 1 day to 3 months

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For any reason, credit debt payments are delayed from 1 day to 3 months. In case of delay, banks reflect legal interest to the delayed part of the loan. There is no legal sanction for the delay, which means that banks cannot enforce a loan overdue for up to 3 months.

However, for some private loans such as a mortgage, this delay may be limited to 2 months. It is important that consumers who buy mortgage pay attention to this period. You will find out what the people who have credit debt should do in the delay period.

Nonpayment

If the payment status has been exceeded, the 3-month delay is the situation that occurs in this case. In cases of non-payment, banks make some sanctions that start with a warning to the borrower who draws credit and continue with the legal process.

The fact that consumers are not paying is a situation that lowers their credit ratings. In this respect, it should be careful not to be against people who have credit debt, and if such a risk exists, it is important that they take necessary precautions.

Paths Followed by Banks in the Case of Housing Loans Not Paid

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In cases where the loans are delayed and not paid in the end, the banks go first to warn the debtor rather than immediately resorting to the legal process.

If you are asked how the legal follow-up process works, legal follow-up takes over in the later stages of the non-payment status. Below are the ways in which banks have credit debt if they cannot pay the loan.

  • In case of a delay in credit, the banks demand payment by reminding the debt and the debt interest generated by people, such as SMS messages, an automatic reminder by phone, e-mail, mail, and telephone direct call, from the first day to the maximum amount of delay up to 3 months. At this stage, legal follow-up processes do not start.
  • In case the problem of not paying credit exceeds 3 months and the condition of not paying the credit, banks usually give an additional period of 5-10 days to the debtor by making a direct call by an official letter or phone and demand that all the debt delayed in this last period be paid together with the interest.
  • Despite this, if the borrower cannot cover his debt, then some banks may offer the person to configure the loan or to provide a loan if there is a limit.
  • If the problem of non-payment still continues, in this case, the bank credit department transfers the transaction to the debtor. After this stage, the bank’s lawyers are engaged. Usually, at this stage, the bank lawyer calls the debtor for the last time, asking for the closing of all delayed debt, this time along with the attorney’s expenses. In addition, if the debt is not paid, the legal sanctions that the debtor will face are told to him.
  • If the non-payment process continues, the bank’s law applies to the court and file an executive case.
  • The bank has mortgage securities at home. The bank firstly tries to sell the house through the execution of these notes and to collect all remaining debt of the bank from the sales amount.
  • Here, if the bank has gone to enforcement, there is nothing to do with debt. On the other hand, since the legal follow-up processes have already started, the credit rating was also negatively affected by this situation.

Things to do in the event that the mortgage loan is not paid

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People who use housing loans and have difficulties in payment, and those who say that I can not pay home loans, should first be alarmed and cool.

Over time, everyone may have trouble paying some debts, but as long as people are well-intentioned and determined to pay off their debt, banks often approach them positively and constructively.

If we ask what those who cannot pay their loan debt should do, it will be correct for those who have difficulties paying the mortgage loan by following the ways below:

  • The moment you have difficulty paying the loans you have, you need to evaluate whether this is a temporary or a long-term situation. If this problem will be a temporary problem for 1-2 months, then there is no problem, but if this is due to a long-term income decrease, such as leaving a person working at home, they should be aware that they may face the same payment problems and take precautions.
  • It is best to close the debt before the delay amount grows. For this reason, it is useful to cut your expenses and pay your overdue debt as soon as possible.
  • If your debt cannot be covered by your current income, then you can get a small general-purpose loan from the bank.
  • If our loan installments have started to be heavy, one of the best things to do in this case is to structure the loan debt. The important point here is to make the loan debt within the delay process, that is, not to pay and especially before the legal processes begin. Because otherwise, your credit rating may be negatively affected and you may not be allowed to configure.
  • You can get a configuration loan not only from the bank you borrowed from but also from other banks.

Configuring Housing Loan

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For those who are unable or unable to pay their loan debts, the healthiest solution is to structure the loan debt with a longer-term loan with a low installment.

However, if the structured loan debt is not paid, this situation may reflect negatively on the person’s credit rating. For this reason, it is important to determine the maturity and monthly installments correctly in loan structuring.

On the other hand, structuring is always a way to go, even if interest rates have decreased, even if you do not have to pay your loan debt.

Thanks to the configuration, individuals can even reduce the number of maturities remaining with the same amount of monthly installments, especially during periods when interest rates fall.

Legal Sanctions for Non-Housing Loan Payment

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After the mortgage loan becomes a lawyer, the banks’ legal departments initiate mortgage loan enforcement. Those who have credit delay and non- payment problems usually ask the question of how many months the housing loan is not paid, the answer is 3 months, although it varies from bank to bank.

It should not be forgotten that, even after the loan follow-up is sent to the legal department, in terms of its debt, additional costs such as many legal and lawyer expenses will emerge.

After this process, although there is still a chance to contract with the bank, banks may sometimes want to close all credit debt. On the other hand, our answer will be no to those who ask if they go to jail who do not pay their credit debt.

If a person is fraudulent, such as qualified fraud, etc. other than for purposes other than having difficulty in paying because he is unable to pay, etc. imprisonment. It is not possible to face penalties.

Which Bank Has The Cheapest Consumer Loan

The cheapest lending banks include North Credit and BNN Finansbank. Many people use banks’ consumer loans to meet their personal needs.

Which Bank Has The Cheapest Consumer Loan 2019

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However, due to the application of interest rates, quite high amounts may be required to be paid in installments. For those who do not want to pay such a high maturity, banks with low interest rate loan can be recommended.

Apart from North Credit and BNN Finansbank, the banks that offer the lowest interest rates include:

BNN Finansbank’s Low Interest Loan

BNN Finansbank is one of the leading banks for low interest rate loan. The interest rate applied for this loan with a limit of up to 50 thousand TL is 1.59%. BNN Finansbank also offers the opportunity to postpone installments for 3 months for a loan with a maturity of 60 months.

In addition, people can create a payment plan that best suits their budget. In addition to the 3-month deferred loan, other general purpose loans provided by BNN Finansbank with low interest rates are as follows:

  • Easy pay loan,
  • Meet loan,
  • Birthday loan,
  • Debt transfer loan,
  • Public & Financing loan.

Eligible Loan With CEPTEEBE Application

Eligible Loan With CEPTEEBE Application

CEPTEEBE is one of the addresses providing easy loan. EBE offers some privileges to its customers who apply for loans through this channel in order to encourage mobile banking. For this consumer loan, which has a limit of 50 thousand TL, a 60-month term can be made. Interest rate varies according to the number of maturities. Interest rates applied by the number of terms are as follows:

  • 1.59% for 1-3 months,
  • 1.69% for 4-12 months,
  • 1.79% for 13-60 months.

Requirements to apply for this general purpose loan include being over the age of 18 and being able to officially document income. In addition, in some cases, the bank may request guarantors or mortgages.

Undocumented Needs Loan From GB Bank

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For undocumented, unsigned consumer loan, GB Bank’s mobile application, GB Bank Direkt, must be downloaded to the mobile phone. When giving this loan, GB Bank only looks over 18 years old and has a good credit rating.

Those who fulfill this condition can make their applications from GB Bank Direkt application and start using their loans instantly. The maturity of this loan, which has a limit of 50 thousand TL, is 60 months. The interest rate applied by GB Bank for its customers is 1.98%.

How to Get VBC Bank E-Credit?

VBC Bank e-Loan application way is through internet banking. People looking for suitable campaigns in consumer loans may choose VBC Bank. VBC Bank is also among the banks with an appropriate interest rate. The bank implements an interest rate of 1.74% for a 20-month loan of 60 months maturity.

In order to apply for this loan, it is necessary to access VBC Bank’s website first. Then click the e-Credit link at the top of the screen, and the Apply Now option should be selected on the page that opens. At the last stage, the loan application can be completed by entering the information requested by the bank.

Best bank’s Consumer Loan Campaign

Best bank gives the option to postpone installments for 3 months for general purpose loans. This consumer loan, which has a maturity of 60 months, can be drawn up to 90 thousand TL. Best bank is also among the banks that provide consumer loans with low interest rates. Best bank applies 1.78% interest for the general purpose loan, in which the most appropriate payment plan can be created for the budget. This loan application can be easily made through the website as well as the bank branches.

With interest rates on loans to other banks of machines you can use the loan calculator to calculate loans. Or you can calculate the loan interest rates of the bank you want from the banks page.

Banks that give loans without documents 2019

Banks that offer easy loans are banks that can lend from 30,000 USD to 60,000 USD and offer a maturity of up to 60 months. While these banks do not request any documents from the person for loan application;

They also do not demand that the person show a guarantor or mortgage a property. In addition, some receive a loan allocation fee in addition to the loan received from the person.

This fee can be 0.5% of the maximum loan. In other words, it is not possible to charge a loan allocation fee of more than 50 USD from a person who has used 10.000 USD.

Requirements for Using Uncredited Credits and Evaluation Criteria of Banks

The conditions for using credit without documents and the evaluation criteria of banks are as follows:

  • A detailed review of the person’s credit rating is initiated. All of the information such as the financial history of the person until now, whether there is any late payment, under what conditions and which credits are used are examined in detail.
  • Although no income document is requested from the person; Since the person’s insurance service breakdown and tax plate are examined through e-government, the person’s income status information is mastered.

Most Suitable Consumer Loans Without Documents

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The most appropriate general purpose loans and calculations are as follows:

  • A person who receives a 10,000 USD paperless consumer loan from GFI Bank with a 60-month maturity; 230 USD monthly installment. The interest rate applied to the loan of the person; It is 0.94% and the total amount that one has to repay is 13.815 USD.
  • A person who receives a 10,000 USD paperless loan with a 60-month maturity from Thrift Bank; 227 USD monthly installment. The interest rate applied to the loan of the person; It is 0.89% and the total amount that one has to repay is 13.595 USD.
  • A person who receives 10,000 USD paperless loan from Good Finance Bank with a maturity of 60 months; should pay 270 USD installments per month. The interest rate applied to the loan of the person; is 1.45% and the total amount that one has to repay is 16,200 USD.

Withdrawing Credits Without Encouragement With Good Credit

Withdrawing Credits Without Encouragement With Good Credit

Here are some things to know about taking credit with Good Credit :

  • It is possible to withdraw up to 30.000 USD.
  • Additional fees, such as any file or insurance costs, are not requested from the person.
  • Up to 60 months, the maturity option is offered to the person.
  • Whether the person is a Good Credit customer does not matter. It is possible to open an account on Good Credit without having to go to the branch.

Withdrawing Credits Without Guarantee With Honest Bank

Here are some things to know about taking non-documented loans with Honest Bank :

  • N is a loan given under the name Easy Credit.
  • During the loan application process, no documents are requested from the person and the person is not asked to come to the branch in order to open an account with Honestbank. A courier is directed to the person.
  • It is possible to use credit up to 30.000 USD.
  • Persons are offered a choice of up to 60 months.
  • Under the name of the allocation fee, an additional fee of 0.5% of the loan amount they take is charged.

Withdrawing Credits Without Guarantor With Thrift Bank

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What you need to know about Thrift Bank withdrawing uncredited loans are:

  • The person is given the opportunity to withdraw up to 30,000 USD.
  • He does not charge the file cost of the loan he/she has received from the person as an additional fee. However, the insurance covers the person himself.
  • If no account Thrift Bank services created by the Good Finance Bank, or at the same bank for online transactions; In order to open an account, an officer is sent to the person’s location.

We recommend you to read our previous article, Across Lender Bank Instant Loan Application. You can browse the topics that may be of interest to you in our Consumer Loan category.

Retirement loan – what is it?

 

Banks that give credit to retirement. These are the conditions that banks need to meet in order to get a loan up to 10 salaries.

Persons do not apply to get interest-free loans up to 10 times of their pensions; There are also options to get pension loans from banks. The interest rates applied to these pension loans are lower than the interest rates applied to other loans. They can take out pension loans or apply for pension loan campaigns directly from banks.

What are the Documents Required to Receive Interest-Free Retirement Loans?

What are the Documents Required to Receive Interest-Free Retirement Loans?

Documents required to obtain interest-free pension loans are:

  • An identity document with an  identity number is required.
  • He must have a retirement document to prove his retirement and be able to present it in the loan application.
  • A certificate of income is required in the loan application of the retired who wants to get a loan without interest.
  • Address information must be confirmed. For this, the current residence document that people can obtain from the headmen is requested. However, as an alternative to the residence document; people can use an invoice that is registered in their names and addresses and paid separately.
  • Credit application form is required.

What are the Requirements to Get Interest-Free Retirement Loans?

What are the Requirements to Get Interest-Free Retirement Loans?

Requirements for obtaining interest-free pension loans are:

  • Any bank should not be on the black list and the credit registry should be clean.
  • The bank to which the loan will be taken must already be a salary customer.
  • It must be within the age limits determined by the bank. Banks do not give loans to people under the age of 18, and also they cannot give credit to people over a certain age, even if they take out life insurance. The upper limit on age varies from bank to bank. While it is 85 for some banks, it is 75 for some banks and 70 for some banks.
  • The pension loan requested by the bank should not be more than half of the salary.

What is Retirement Interest Free Credit Good?

What is Retirement Interest Free Credit Good?

Retirement interest-free loan herald; It is possible for retirees to receive advance 3 times their salaries. In addition, this advance they receive is given to them with a term of 3 years, that is 36 months, and no interest is applied to the interests received by individuals. It is also possible for retirees to receive up to 10 times the pension. The loans received by people who receive credit up to 10 times of their pension are given as interest-free loan with a 12-month delay.

The interest-free loan to the retirement is news that is served as a last minute, but this practice was created in order not to make victims of the victims due to the retirement pension not being immediately linked, and was subsequently designed to cover all retirees.

Loans Without Income Documents

 

When banks will give loans to individuals without requesting a proof of income; they ask the person to show any guarantor, mortgage any immovable property, document an additional income such as a rental certificate, or make a commitment to pay the loan. Especially as housewives who can not prove their income on behalf of the people can easily take credit, it is quite an advantageous service to attract paperless loans.

Undocumented Loan – Application

Loan Undocumented Loan Application

Here are some things to know about attracting non-income loans:

  • Persons with high credit ratings and clean records are given loans without income documents.
  • Applications can be made online, or loan applications can be made through branches.
  • When applying for a loan without income certificate, the identity card is requested from the person. If the person does not have an identity card; passport, driver’s license or temporary identity document are also accepted.
  • The upper limit of the loan to be given is 30,000 dollars.
  • Up to 60 months maturity option is offered.
  • A person who has received a 10,000 dollars loan with a 36-month maturity; In its repayment, it should pay 379 dollars in installments per month, and also 1.49% interest is applied to the loan it takes.
  • Among the people who took credit ; 53 dollars loan allocation fee is charged.

Withdrawing Credits From The Bank Without Income Documents

Withdrawing Credits From The Bank Without Income Documents

Here are some things to know about obtaining loans without income documents from the Bank:

  • It is a type of loan that people who have never had a loan before and who have a clean registry because they have no debt.
  • The maximum loan that can be given is 100,000 dollars.
  • Credit is given with a maturity of up to 36 months.
  • Those who receive this loan are subjected to 1.09% monthly interest.

Undocumented Income Credit Bank withdraw

Undocumented Income Credit Bank withdraw

Find out more about undocumented attract revenues from the bank loans are as follows:

  • In order to apply for a loan without income document, the person needs an identity card. In the absence of a birth certificate; Applications can also be made with a driver’s license, passport or temporary identity document.
  • Credit application without income certificate; It can be done by SMS and internet banking, or from the branch.
  • The maximum loan amount that can be given is 12,500 dollars.
  • The person is a customer and regularly uses the bank’s credit cards; it provides an advantage to the loan application.

Banks That Offer Interest-Free Home Loans

It does not apply interest to the loans borrowed by individuals. However, they give loans through the profit and loss partnership method. Therefore, they must repay a certain amount of the money they receive with the profit and loss partnership.

However, this is not an application of interest. In addition to the banks; It is also possible to obtain interest-free home loans from institutions such as Sean Cole. However, the conditions are a little different in Sean Cole.

Persons cannot take the loan in the month they applied directly and cannot settle in the house they took the month they applied directly.

People join a group of people who want to buy a certain number of houses, and according to the draw drawn within the group, one person becomes a host every month.

There is also the possibility to obtain interest-free loans from the state and artisans. However, they must be registered with the Chamber of Merchants and Craftsmen.

What are the Requirements to Get Interest-Free Home Loans?

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Requirements for obtaining interest-free home loans are as follows:

  • In banks that are not included in the participation bank system, in order to get 0 interest loans up to 60 months maturity; The person must pay 25% down payment for the housing loan.
  • The rate of dividend to be applied to the mortgage loan received by individuals; It varies according to the down payment and contribution amounts that people pay before getting the loan. Therefore, people who want to get credit with a lower profit share rate; more down payment is required.
  • People who will pay down payment below 20% are not given zero-interest loans. From the state.

Good Finance Interest-Free Home Loan Calculation

If Good Finance needs to calculate interest-free home loan; Assume that 100.000 USD mortgage loan is obtained with a 120-month maturity. The rate of dividend applied to this loan is determined as 1.47%.

The number of installments requested from the person to pay monthly; It is 1.779 USD. The amount that the person is expected to repay in total is; It is 214.464 USD.

Interest-Free Home Loans We recommend you to read our Good Finance article.

Good Credit Interest-Free Home Loan Calculation

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If it is necessary to calculate Good Credit interest-free home loan; Assume that 100.000 USD mortgage loan is obtained with a 120-month maturity.

rate of dividend applied to this loan is determined as 1.64%. The number of installments requested from the person to pay monthly; It is 1.911 USD. The amount that the person is expected to repay in total is; It is 230,624 USD.

Good Credit Participation Interest-Free Home Loan Calculation

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If it is necessary to calculate an interest-free home loan for Good Credit Participation; Assume that 100.000 USD mortgage loan is obtained with a 120-month maturity.

The rate of dividend applied to this loan is determined as 0.99%. The number of installments requested from the person to pay monthly; It is 1.428 USD. The amount that the person is expected to repay in total is; It is 172.202 USD.

We recommend you to read our article on Good Credit Participation Bank Home Loan.

Honest Bank Participation Interest-Free Home Loan Calculation

Financial contributions while Turkey must make interest-free home loan calculations; Assume that 100.000 USD mortgage loan is obtained with a 120-month maturity.

The rate of dividend applied to this loan is determined as 1.60%. The number of installments requested from the person to pay monthly; It is 1.880 USD. The amount that the person is expected to repay in total is; It is 226.339 USD.

Your Bank Interest-Free Home Loan Calculation

Your Bank Interest-Free Home Loan Calculation

If your Bank needs to calculate interest-free home loan; Assume that 100.000 USD mortgage loan is obtained with a 120-month maturity. The rate of dividend applied to this loan is determined as 1.47%.

The number of installments requested from the person to pay monthly; It is 1.779 USD. The amount that the person is expected to repay in total is; It is 214.464 USD.

How to Get Disabled Loan

For those who want to get a disability loan; they should be able to document their disability with a medical report. In loan applications, identity documents, health report and income documents documenting their disabilities are requested. If it is necessary to answer the question of how to get a disability loan;

Take disabled credit 

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Those who want to take disabled credit should go to one of the GFI branches with the necessary documents. GFI acts as an intermediary between the handicapped person and the institutions that will give him disability loans. The applicants forward their applications to the banks.

When the application evaluation is made, if the application is positive, this situation is reported to the applicant in a short time. In the health report required for the disability loan;

The person with disabilities must write clearly what the disability is and how much is the percentage of the disability. If there are multiple obstacles; Each obstacle should be written separately with the percentages.

What are the Requirements to Get Disabled Loans?

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Necessary conditions for obtaining disability loan are:

  • Turkey Disabled people want to buy must be a citizen of the Republic of loans.
  • Must be over 18 years old.
  • It should not be under any restrictions.
  • It is necessary to have a monthly documentable regular income.
  • The credit registry must be correct and the credit rating must be sufficient.
  • The requested loan amount should not be more than twice the monthly salary.
  • Disabled people who do not have a lien in salary can apply.
  • The percentage of disability must be at least 40%.

Do we recommend you read our Credit article for the disabled?

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What Are Banks With Disability Loans?

Banks that give loans for the disabled are:

  • GFI lends up to 30.000 USD with a maturity of 60 months.
  • Good Finance Bank offers a loan option up to 30.000 USD with a monthly interest rate of 2.09%.
  • Honest Bank offers disability loans with a maturity of up to 60 months with favorable interest rates.
  • Good Credit gives credit to the disabled.
  • Disabled people can get credit from New Credit.
  • Although it is not given directly under the title of the disabled loans; Since Honest Bank, Honest Bank and Thrift Bank consumer loans can be obtained easily, people with disabilities can apply to these banks.

What are the Features of Good Finance Bank Disabled Loan?

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The features of Good Finance Bank disabled loan are:

  • Disabled people are given loans up to 30.000 USD.
  • Up to 60 months of maturity options can be offered.
  • The monthly interest rate for disabled credit is 2.09%.
  • How disabled people take credit, they need to apply through the Good Finance Bank website.
  • In the event that 10.000 USD disabled loan is obtained with a 30-month maturity; 478.29 USD installment should be paid monthly and the loan allocation fee can be up to 150 USD.