Terms & Conditions for Payday LoanOn October 4, 2019 by John Albarran
Do you want to get a payday loan?
Let us take a look at K&H Bank’s offer, which is one of the most prominent deals on the market if you are a customer of the bank, but it can also be interesting if you manage your current account elsewhere. Let’s see the details of a payday loan!
The payday loan, which is, of course, freely usable, like all of them, has a similar loan structure, so the terms and conditions are similar to those used for payday loans. The APR can vary from 8.1% to 13.8%, so we can say that a favorable offer, plus the loan installment is fixed until the end of the loan term. The maximum amount of credit that can be taken is $ 10,000,000 if you apply for a home, and $ 7,000,000 if your income reaches $ 300,000 a month. But with an income of at least 100,000 usd and 5,000,000 usd. The maturity of the loan can vary from 24 to 84 months, depending on the amount of credit required. It is important that you can apply for a loan online and there is no fee to sign a contract.
The terms and conditions of the payday loan are also similar to those customary in this case, ie 18 years of age, permanent residence, registered address in Hungary, valid identity documents. In addition, a minimum of 3 months’ employment, one year of entrepreneurial history or a finalized pension is required. Of course, in this case, too, being on the negative list of the KHR is a negative reason. There is no big difference in the documents compared to other banks. You’ll need your employer’s certificate and bank statement. And if you apply for a loan online, you will be paid up to $ 3,000 within 24 hours, but no later than the next banking day!
Interested in payday loans?
We can understand it to the maximum, but you should compare it with other banks before submitting your application. Because you might find something that is more in line with your ideas. Our site will help you with this, and if you have any questions, please do not hesitate to contact us at the given contact details! You can also check our partner’s offerings here.