The Buy Way personal loan is an installment loan and can be used for all kinds of different purposes. That makes the non-binding nature ideal with regard to the loan purpose. Money can be borrowed to go on vacation, but also to buy an expensive laptop or even to buy a car. Or are you looking for financing to organize a great wedding? Everything is possible with the installment credit that is made available by this lender. A choice can be made from different amounts and, moreover, a term can be chosen as desired. The interest rate in the form of the annual percentage rate varies, but starts from an attractive rate.
|Lender||Information||Max. Loan||To request|
|Review|| $ 200,000|
Interest (APR) 4.99%
| $ 100,000|
Interest (APR) 4.95%
|Review|| $ 50,000|
Interest (APR) 3.99%
|Review|| $ 15,000|
Interest (APR) 9.5%
|Review|| $ 75,000|
Interest (APR) 4.85%
| $ 70,000|
Interest (APR) 5.57%
Borrow between USD 2,500 and USD 20,000
The loan amounts for the Buy Way personal loan offer every opportunity to borrow the desired amount that fits perfectly with the loan goal. With an installment loan, it is the case that it is important not to borrow more than is necessary for the intended purpose. There are simply costs associated with borrowing, and then borrowing an extra amount automatically costs more money. The loan amounts range from US $ 2,500 to US $ 20,000. This means that a minimum of USD 2,500 must be borrowed and that no more than an amount of USD 20,000 can be borrowed. These limits offer enough space to make a purchase for a consumer purpose.
The term also varies, but may not exceed 84 months. The annual percentage rate associated with the installment loan varies and increases as the term and loan amount increases. It is also important to take your own budget into account. Moreover, there is always a check on the creditworthiness of the applicant. This means that income and a number of specific fixed costs are looked at to determine whether it is possible to borrow responsibly. In addition, any other debts in the form of credits are included in the assessment. After all, there is also a repayment obligation for this and the repayment scope for a new loan is limited.
Advantages of an installment loan with Buy Way
When choosing a Buy Way personal loan, the applicant benefits from various benefits. In this way, before the loan is taken out, it becomes exactly clear what must be paid monthly and what the total costs of the credit are. The monthly repayment remains unchanged throughout the term of the credit. That is a specific feature of installment credit. Incidentally, an option is offered to repay the loan early. This is ideal if there is a financial windfall that can be used for early repayment. Buy Way also offers an option to take out insurance with the personal loan. The insurance can be tailored to the individual situation.