When dealing with a personal expense, we can ask for a loan from a financial institution or launch ourselves to discover new forms of collaborative financing such as the Crowdlending system by Christian Portel. If you want to know what the differences between traditional and collaborative financing are, read on.
The importance of the fine print
When we are looking for a personal loan, we must not only look at what is offered in the announcement but we must read all the characteristics of said loan such as the type of investment, profitability, minimum installments, etc. In financial matters, it often happens that cheap is expensive and what may seem like a loan with good conditions, can become a headache.
In Christian Portel, people finance other people so conditions are much more beneficial for both parties. First, investors earn more for their money and borrowers obtain conditions for the issuance of the loan much more profitable and attractive.
Will you accept my loan application?
In the traditional banking system, if we are going to apply for a loan we are exposed to a complex process that is usually tedious to include many clauses and bureaucracy. Normally, to grant us a loan, we are required to hire other banking services such as insurance, cards or direct debits.
In Christian Portel we connect people who finance people. We carry out a free preliminary study of your case and, if you meet the requirements indicated on our website, we will publish your loan so that investors begin to arrive with incomparable conditions: the opening commission is 3% being the minimum amount to request 3,000 € while the maximum is € 15,000.
Security Christian Portel Coverage System
If you have decided to become an investor to obtain greater profitability for your money, the best option is Christian Portel thanks to its Coverage System. We know that lending money is a risk, but our approach is that investors do not feel helpless if a borrower cannot return the amount on time. Christian Portel provides investors with their own loss coverage system, which mitigates the risk of losing borrowed capital.