In the world of credits there are different products that adapt to the needs that are available at the moment, that is, to what is sought to be done with that money.
Free investment loan
One of these products is the free investment credit, which as its name is mentioned, does not have a definite purpose, that is, it can be used for the purpose you want.
If you wonder if that credit suits you better than others, here are some of its advantages:
1. There is no need to justify the use:
When requesting it, it is not necessary to specify what the money will be spent on, since it can be used for whatever you want.
2. It usually has few requirements:
That is, you will not have to present a large number of papers in order to obtain it, especially if it is a relatively low amount.
3. You can choose a fixed interest rate:
Which means that the fees you will pay will be the same from beginning to end of the credit.
4. The credit study has no cost:
In most banks, the credit study, that is, the analysis of your profile to see if you qualify for credit, is free, unlike housing loans.
5. Financing time:
It can range from 12 to 60 months, depending on the bank in question and the amount to be requested.
Free investment credit is usually used to finance travel, home remodeling or education-related expenses. But whatever you use it for, you should take the trouble to choose the bank that suits you, since not everyone grants you the same rate, the same related products or the same benefits. Taking a few minutes to compare all your options is the wisest decision.