October 6, 2019 Olga Miller

If you have borrowed money and regret your loan, you have 2 weeks’ right of withdrawal. Most people know that all purchases online are covered by a 14-day right of withdrawal, but according to one survey, every other Swedish does not know that the right of withdrawal also applies to sms loans, private loans and other consumer credits. Only mortgages are not covered by the right of withdrawal Okay, so how does this repayment right for sms and other loans work? Can you borrow type 2000 USD, spend the money and then say that you regret within two weeks without…

May 20, 2019 Olga Miller

There are really many details about which non-bank loans differ from loans. Recently, however, mortgage loans granted by parabanks have become more and more popular among borrowers. Let’s look at these products more closely. Standard loan Most non-bank loans are so-called payday loans: loans for relatively small amounts with a very high APRC. Such products are often not secured in any way – the lender evaluates its risk only on the basis of the credit history of the potential borrower and grants him a specific loan amount or refuses to pay depending on the information he receives. It is not…