These are credit products that can be obtained by almost everyone who meets at least the basic requirements, such as age over 18 and mostly Czech citizenship.
Typical features of non-bank microloans
One of the most typical features of these loans is the low credit facility (a micro loan without a register usually ranges from CZK 500 to CZK 20,000), negotiating over the Internet, paying off money, mild client requirements and sometimes offering interest-free loans for new clients. Usually, there is no need to provide confirmation from the employer; a micro loan without proof of income is a common thing. Often, however, it is a condition of verification (verification) of a bank account, which is usually done by paying a crown fee.
Methods of arranging microloans
The vast majority of microloans can be arranged conveniently online through a website and the client does not need to make a phone call or go to a branch office. In some cases, however, the micro loan is not the only option – some loans can be handled over the phone, via SMS or in person. But the most convenient and fastest option is definitely to arrange a micro loan over the internet, which is available 24 hours a day throughout the year.
Micro loan payout – cashless and on hand
Most microloans can only be redeemed in one way, which is a cashless transfer to a bank account. Not everyone but this option suits – for example, people who do not have an account or do not want and prefer to pay cash in cash. Not only for them, but also for those who need money as quickly as possible during weekends and holidays, the solution is a cash micro- loan that is paid in cash at various locations – some credit companies have contracts with newsstand or petrol stations, others have their sales representatives who bring money to the client to his home.
The most advantageous microloan is the one that is free
Currently, there are several credit companies in the Czech Republic that offer the first free loan for new clients – with zero interest and no fees. Of course, such a micro loan is the most advantageous and we can only recommend it. In our independent benchmark you will always find an up-to-date overview of the best and most advantageous micro-loans on the Czech market. Only loans that are absolutely safe and 100% proven are included in the comparison. You can choose from a variety of parameters, such as the amount of credit line, interest rate or loan maturity. In addition, for each microcredit, you will find a detailed review, where all the important information about the loan is in one place.