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500+ benefit as a basis for taking a loan?

adminSeptember 27, 2019

New rules for providing 500+! Now you will receive money for your first child, and you can apply online via electronic banking. PLN 500 is admitted for a child, but parents often use these funds. Is this amount included in income and does it increase creditworthiness? Let’s check it with the example of the loan company Monocred Now.

What is the Monocred Now installment loan?

What is the Monocred Now installment loan?

The brand belongs to the Kreditech company. The company mainly provides installment loans. Monocred loans are liabilities incurred for a maximum of 24 months. Borrowers can count on up to PLN 10,000, but this is not the amount they are able to receive at the first contract. The Monocred installment loan is characterized by flexible conditions. The institution approaches each client individually and meets the expectations of even the most demanding applicants.

Monocred installment loans and creditworthiness

Monocred installment loans and creditworthiness

Like any other company providing financial support, Monocred Now also points out that it checks its potential borrowers in the debtors’ bases. The applicant’s financial condition is also significant when granting a loan. It is particularly about his creditworthiness, which is influenced by many factors. Does it also affect the benefit of 500+? Although the lender himself does not reveal the importance he attaches to government assistance to large families, it can be presumed that an additional half thousand per month increases customer confidence.

500+ benefit and loan

500+ benefit and loan

Monocred Now installment loan is certainly a good solution for families who need quick help and do not want to pay back immediately. Where should you start applying for support? First, select the loan amount and monthly installment that interests us on the company’s website. Then just write and submit the appropriate application. Monocred does not allow 500+ as an additional advantage. Undoubtedly, however, over time most institutions in the financial sector will place this heading on their forms. Still, it’s worth just adding the benefit to your income. You will have to wait several minutes for your decision. In the case of a company’s abolition, we will have nothing to do but look for money in the account.

Monocred installment loan

Monocred installment loan

How many customers, so many different ratings. However, it is worth comparing different views on the offer of each company. Before signing the contract, you should read the reviews about Monocred Now. One of the big pluses is that Monocred installment loans can be reached without unnecessary formalities. The whole process goes through the Internet, and the intuitive and modern website is a great convenience for Monocred borrowers. The basic condition for applying for a loan is having Polish citizenship and 18 years of age.

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