Good Finance is a newer player in the loan market. Compared to many other lenders who only lend smaller amounts in the form of micro loans, Good Finance offers its customers private loans of USD 10,000 up to USD 300,000.
This means that the loan at Good Finance starts a little earlier than at the big banks, which often lend USD 20,000 at least, but that the loan at the same time ends a little earlier as it is not possible to borrow all the way up to USD 350,000. In addition to private loans, you can also save money with Good Finance. They have a few different types of savings accounts that are suitable for different situations.
To be able to compete better with the other big players, Good Finance has something they call price guarantee. This means that if you get approved for a private loan from another lender, Good Finance guarantees that they offer a lower price.
For this to apply, the loan from other lenders should be the same as what you are looking for at Good Finance. Thus, a private loan where there is no collateral, which is as large and has an equal maturity.
Good Finances private loans
So you have the opportunity to borrow as little as USD 10,000 from the company and can borrow a maximum of USD 300,000 through their private loans. This is a unsecured loan which means you can use the borrowed money for whatever you want. What Good Finance is interested in is that you can pay back nothing else.
You can control the maturity of the loan yourself and it is at least 1 year and at most 12 years. Regarding the interest rate, this will be set individually after the credit check is performed.
Terms and conditions for borrowing from Good Finance
A loan application must be approved by Good Finance, it is required that a credit check is completed and that it is passed according to the requirements that they set. This means that you who wish to borrow money must be between 20 and 69 years. A loan must also be repaid at the latest when a borrower reaches the age of 70.
You must then have been written in Sweden for at least 3 years and there must be no active payment notes registered. You must also have an income of at least USD 120,000 per year.
If you meet these requirements, you may be accepted in a loan application. Then there are no rules that say that a lender must approve a loan application from someone at all why you can not be completely sure to get a loan if you meet the basic requirements. There may be something else in your finances that Good Finance does not feel secure with which means they refuse the loan. But only your finances are under good control and if you meet the requirements, you will most certainly be approved.
Good Finance offers the following types of services
- Private loans of USD 10,000 up to USD 300,000.
- savings accounts
Below you will find a link that goes directly to Good Finance’s website. There you can find exact information about exactly this lender’s various services. If you want to borrow money, this is also the way to go.