We cannot borrow time, health or wisdom from anyone, but everything else is absolutely right. Which, by the way, we can effectively use! In particular, when it comes to money, which is demonstrated by the growing popularity of microcredit in Poland, which, paradoxically, despite great interest, still raises a lot of controversy.
For some, quick loans are the easiest way to fall into a spiral of debt, and they are used by the last fools. For others, however, it is a useful financial product that helps overcome crisis situations.
We came to the conclusion that it was time to dispel any doubts and decided to find out where the truth lies. For this purpose, we talked with the director of the online credit facility Fast Cash.
We confronted him with the most popular stereotypes regarding online loans. Alexander attempted to deal with them. Did he succeed? Let’s see!
Quick loans are taken by people from the margins and pathological environments, possibly poor pensioners.
To dispel this myth, we have launched on our website a service presenting statistics that determine the analytical profile of the average customer applying for a loan from Quick Cash. These data are updated every day and are as follows:
As you can see, our clients have nothing to do with the people we talked about. Isn’t that right?
Why take non-bank loans at all if you can apply for a bank loan?
Of course, in this situation, nothing prevents you from applying for a loan from the bank. But what will you do if you need cash in 5 minutes? You won’t get them at the bank. However, on online loan platforms you will get them easily. Let’s remember that not everyone can boast of a good credit history. In this case, quick loans are the only chance to improve your financial condition.
The truth is that there is no single, perfect solution that works in every situation. Therefore, both banks and metabanks can be a good solution, depending on the circumstances in which we are currently.
To better understand this issue, we have launched an online test that simulates 7 real-world situations that forced Fast Cash customers to borrow money. Everyone can put themselves in their situation and decide whether they would prefer to borrow money at the bank or if they can, however, on the loan service or opt out of the loan and remain without the necessary funds.