What offers do financial platforms offer?

Online financial platforms have become the vehicles for you to sue small loans. From 50 to 800 euros, and almost never - with some exceptions - for higher amounts. These are very peculiar lines of credit that are mainly characterized by the easiest way to get them, but at the same time due to contracting conditions that have been reflected under significantly higher interest rates than through conventional loans.

The general proposals presented by these lenders are joined by the development of interesting offers and promotions that you can benefit from in their concession. Most of them are based on your first demand is formalized without you having to pay any interest for them. That is, at 0%, and without other expenses in its management. However, you should carefully read the fine print of their contracts, because they may entail some requirements to contract these financing models.

This kind of promotional offers are developed with very aggressive proposals that make you can't resist their acceptance. Not surprisingly, its launch is due to the desire that these companies have to make themselves known to potential customers of their trademarks. And where most of them develop offers that are very similar among all of them, and practically without differences.

Small credits with easier access

The advantage of their financing models is based on the fact that they will not ask you many requirements to contract their products. It is enough that you are of legal age, and that you have a minimum regular income for them to accept your application. In addition, you will have the amount demanded quickly in your checking account, in no more than 1 or 2 days.

And as a consequence of it, you can use it for any purpose, from paying for a small whim, to paying off a debt before third parties, without forgetting the punctual payments that you will have to face in a short space of time: household bills, insurance fees and tax obligations, among others.

The counterpoint of these certainly generous conditions for your profile as a client comes from the most expansive interest rates applied to your microcredits. Indeed, you may find yourself with credits of 300 euros that will imply a greater financial outlay for the acceptance of the contract. And that can take them up to about 30%, which will lead you to make a greater effort to close the operation.

Offers offered by lenders

Despite everything, financial platforms have introduced a series of offers, and that under some conditions, they can bring you many advantages in your hiring. It is convenient for you to know them, in case at any time you need small amounts urgently, and you have disabled banking channels to grant it to you.

One of the most common strategies that online financing companies use the most is eliminating the interest rate on these products. They are marketed as free credits, without any interest rate, even exempt from commissions and other expenses in its management. But they are only valid for less demanding demands, with a maximum limit of around 300 euros.

They will demand two conditions. On the one hand, that you are a new client, and on the other, that you comply with the deadlines established by the financial platforms themselves. And if you do not comply with them, it will mean the payment of very expensive penalties for your interests.

Not all promotional offers are equally aggressive, of course not, but will be limited in some cases by applying them under discounts on the interest generated. They can rise to offer you bonuses of up to 50%. There are also others for new customers, never customers already linked to these companies.

Low progressive discounts

It is not the only commercial strategy used by these platforms, but they also apply them to already established clients. Not surprisingly, it is about customer loyalty, something very common in banking entities, so that users can improve the contracting conditions of their financial products. It is the shortest route to obtain more benefits in this class of loans.

In this specific case, they print bonuses of up to 25% on their mini-loans depending on the number of times you have used this service. And that as a consequence, the more loans you have demanded, the greater the discounts that apply to you when you sign the operation. The purpose is to retain the customer, and for this they try to link you more with the commercial brand, and thus avoid going to the services provided by the competition.

They even go even further in the goal of their trading strategies, trying to engage more people in the lawsuit process. This model is based on referring to other clients, applying the marketing designs assimilated by other professional sectors. In this way, if you take them to another client, both of you can benefit from the operation.

How? Well, very simple, if you are the person who loyalty to another client, you will get an account deposit. It will not be very high, but at least it will serve to give you a little whim. While if you are the guest to join any of these financial platforms, you will simply get a small loan for free, that is, without interest, although with an excessively long repayment period, which will be limited to only a few weeks.

Advantages for new customers

In any case, you will always have the resource of benefit from your status as a new customer to take advantage of the subscription conditions that lenders are making with greater exclusivity. As previously stated, under the exemption in interest rates, but also through other commercial strategies based on their discount, or with new offers, and always with a deference when accepting the loan under these conditions.

Then, and once the new proposal is accepted, proceed to formalize the operations with the general conditions governing this class of products for domestic financing. You will only have to return it, with very tight deadlines that rarely exceed 1 or 2 months.

These are operations that you should subscribe when you really need it, never out of obligation to the advantages they present. And especially in situations where banks deny your claim. As a result of the urgency of making a payment urgently. Carrying out your first operation through these small financing companies will pay off.

Eight keys to benefit from these offers

If you want to take advantage of these proposals, you will have no choice but to read their clauses carefully. And if the demand is really urgent, opt for that small loan that fits your profile as a user of this kind of financial products. It will help you get out of more than one trouble, but above all to replace the claim denied by your bank. Accessing it, not through a payroll (or pension), but through another kind of income on account.

Even If you are unemployed and you are receiving some type of official aid, it will not make you renounce this financing, and even less to the promotions that these companies present. They are developed mainly by lenders, with an upward offer at the moment, and as a result of the greater banking demands.

In addition, you must count that banks do not sell loans for such low amounts, nor with such short repayment terms. But for your operations to develop under a favorable scenario for your interests, you will have no choice but to import some of the recommendations that we present below.

1. Try to find the formula for the small loan you demand can get out for free, without any kind of additional costs. With all certainty that opportunities will not be lacking through the offer that financial platforms offer you.
2. Take advantage of the new client status, which is the most favorable for substantially improving the conditions of the contract you are going to sign, even with very aggressive proposals that will be very difficult for you to reject.
3. You should analyze, that despite the fact that the granting of this unique means of financing may be free, the short deadlines you have for your return, even requiring you to close the operation in a few days.
4. The amounts that you may require through these offers are very small, and they may not help you to cover the most urgent expenses. You will rarely be able to demand more than 300 euros through this commercial strategy.
5. They are especially valid for dealing with urgent expenses, and that they cannot wait long until they grant it to you. In exchange, of course, for paying more demanding interest, and in some cases even disproportionate.
6. You must be in a financial situation solvent enough to be responsible for the operation, no matter how small these online loans are. And even for the facilities they give to subscribe.
7. The promotions that are enabled in the market are innumerable, although you should only choose the one that adapts to your true needs, and of course to your profile as a client.
8. And finally, remember, that generally these products for financing You can only formalize them from the internet, comfortably from home, or at work. And most importantly, at any time of the day, even at night or on weekends. Without needing the physical presence in any office to sign the contract.