Good Finance Travel Loan: Benefits for New CustomersUncategorized
In early February, the credit institution came up with the Good Finance Travel Loan Facility, which is aimed primarily at new customers. The 20-month soft loan will be available until March 19, 2019. We looked at the terms and conditions of Good Finance’s new offer and compared it with other instant loan offers on the market.
Good Finance Travel Loan: The Most Important Features
The amount of credit you can apply for is between $ 350,000 and $ 600,000.
Duration: 20 months.
Guaranteed and unsecured.
The borrowed amount can be used freely.
The special offer is available from February 6 to March 19, 2019.
We looked at the conditions for a $ 500,000 loan if you would like to receive a Good Finance loan by wire transfer and do not use the Home Service or the Prediction Package. Thus, during a fixed term of 20 months, we will be required to repay $ 27,340 per month. The APR under these conditions is 10.90 percent, so the total amount to be repaid is HUF 546,800.
Only monthly repayments
The monthly repayment method of Good Finance Travel Loan differs from other credit facilities offered by a credit institution. Good Finance usually provides its customers with weekly repayments.
Home Service: Good Finance cash loan
If you use the Home Service along with your Good Finance loan, you do not have to go to the branch and your Good Finance staff member will go to you to sign the contract. This is not the end of the service, as the repayment will be made later in person. The Home Service allows you to take out a loan in cash, and in this case, the repayment will be in cash at your home.
However, the Home Service is not free: with a 20-month maturity, the total Home Service fee is $ 107,450, so the total amount to be refunded will increase by the same amount. Before you can use this convenience service, consider whether it is worth more than $ 100,000 to take out and repay your loan at home and in cash.
Good Finance Foresight Package: No surprises
The Good Finance Foresight Package offers solutions to difficult life situations during your term.
In the event of a death, Good Finance will waive the customer’s debt at the date of death and will also include an extended cancellation / cancellation option, meaning that the customer may cancel or terminate the loan agreement free of charge within 30 days. The Foresight Package also includes group life and accident insurance for a customer.