In these difficult times of crisis, we are seeing a large part of the workers looking for safe and viable ways to pay off their debts or invest in their projects.
Who has never been in debt or needed some extra money to start that investment they have dreamed of, right?
As the name implies, personal loans are for clients who want to carry out their own projects. In this case, the client is free to spend the amount granted by the banking institution as he or she wishes.
| Positive Points | Negative Points |
|---|---|
| It has a fast approval rate, guaranteeing tranquility and agility to the applicant | It does not offer a long period to pay off the debt, with a maximum of 24 months for payment |
| Guarantees that the applicant is exempt from any fees charged in other institutions for this same service | You must be of legal age and have active personal documents to apply for a personal line of credit |
For this reason, it is one of the most sought-after types of loans.
When granting credit to the borrower, the bank also charges some monthly fees. The interest for the time and amount of the loaned amount are charged each month and serve as a way to avoid the probability of default.
In a positive situation, if there are no outstanding bank debts or any other credit problems, the loan is granted to the customer.
If there are debts with other banks that have not yet been paid, it is recommended that these be resolved before taking out the best personal loan.
The process is quite simple. In case of a personal loan, the bank or other financial institutions lend a certain amount of money to the customers. However, before the amount is lent, some documents are required and agreement to some agreements is required.
Now that you have found out what is a personal loan, the most important tip is to know about the institution that will offer you the service, which should guarantee security and the best benefits for the applicant.
North Shore Bank is one of these institutions; it has been operating in the financial market for years, participating and making dreams and projects come true.
| Benefits | |
|---|---|
|
Approval
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It has one of the highest approval rates in the segment |
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Client Security
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It has one of the most recognized customer security models in the country |
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No hidden fees
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There are no hidden fees for applying for the loan |
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Credit history
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The credit history is not checked at the time of enrollment |
In this article we will show you some of the reasons that make North Shore Bank your best option.
Credibility
Decades of performance in the financial market, guaranteeing and participating in the accomplishment of their clients' dreams and goals.
These and other values are trademarks of the institution, if you found what you were looking for, click on the button below and make sure.
I Want My LoanNo fees
The institution also offers fee exemption, that is, the applicant will not pay enrollment, originality or annual fees, which is a great advantage compared to other institutions.
Fast approval
North Shore Bank guarantees fast approval of your personal line of credit, and within 24 hours the amount will be charged to your checking account.
The bank offers these and many other advantages for those interested in a personal line of credit, click on the button below to see all the conditions.
I Want My Loan
