Agree Bank is a company with Polish capital, providing online loans in installments. It is worth noting that Agree Bank provides loans at 0%. This means that the only fee for the loan by Agree Bank is the commission of the company, which is included in the monthly installments.
What makes Agree Bank loans stand out is the low APRC. It is lower than the APRC for loans and credits granted by some banks. APRC, or Real Annual Interest Rate is information for us about the total cost of the loan. APRC is calculated on an annual basis. It depends, among others, on:
- loan amount;
- its distribution period, i.e. the number of installments;
- on interest;
- as well as other costs that may occur.
Taking an online loan in Agree Bank, we give back only the amount we borrowed and a commission, the amount of which we know before completing the application.
Low loan installments
In our market, more and more non-bank companies offer loans with the option of repayment in installments. All thanks to new regulations that impose restrictions on lenders as to the possibility of extending the repayment period.
Therefore, companies that until now have only provided short-term loans are introducing installment repayment options to their offers. Therefore, it is more advantageous from the point of view of both the borrower and the loan company to spread the liability into several lower installments from which the customer will not have a problem paying off.
At Agree Bank, online loans are granted from USD 300 to USD 5,000 with the option of spreading the liability from 1 to 18 months. So we decide for ourselves in what period we want to repay the liability. Using the loan calculator, we learn the monthly installment for selected parameters, i.e. the amount and repayment period.
Thanks to this function, we can determine whether the installment amount is right for us before completing the application.
For whom a 0% loan
A loan with a zero interest rate in Agree Bank can be applied for by all Polish citizens aged 21 to 70 who work and can confirm it. If we pass the verification if we apply for a loan, but the company’s analyst calculates that the amount we are asking for is too high then the company will inform us and propose a different loan amount.
Agree Bank as one of the few companies on the market allows us to receive another loan, even if the previous commitment has not been fully settled. In this situation, the company takes into account the timeliness of repayment of the current loan and our creditworthiness.
The company provides two types of loans – online loans for any purpose and loans to cover online purchases.
Before you apply for an online loan, specify the amount of the monthly installment that will not be a problem for your household budget. Only on this basis adjust the loan amount and loan period. Remember to review the current installment loan rankings and compare several offers from non-bank institutions before completing your loan application.