Clients often are not aware of this fact, however, in the Register of Loan Institutions at the Polish Financial Supervision Authority there are currently almost 100 entities that grant non-bank loans. Such a large variety of available offers is of course an important advantage from the customer’s perspective, and for more than one reason.
A high quality ranking of payday loans
On the other hand, an incredibly wide spectrum of solutions can also be a problem, especially when we want to choose an offer with conditions best suited to our needs and expectations. A high quality ranking of payday loans and non-bank installment loans may prove to be an extremely useful solution in such cases.
By using the tools used to compare and rank offers, we not only gain quick and trouble-free access to insight into the pre-terms of loans offered by a given company. The use of rankings also brings with it a number of other, no less important, advantages. Let’s look at this undoubtedly interesting issue a little more closely.
What are the benefits of a good payday ranking?
First of all, you should start with the asset that has already been signaled above. We mentioned that the spectrum of the modern loan sector offer is dozens of different proposals. What’s more, not all lenders do their customers a favor, which is the transparent and legible presentation of their offer.
Hence, a good quality ranking of payday loans is first and foremost a huge time saver. Instead of searching for the offers of individual non-bank lenders by yourself, writing down their parameters and then comparing these parameters with the conditions offered by another company, we get everything in one place. In this way, we can select non-bank loan offers that meet our expectations at the outset.
However, this is still not all. Good rankings of non-bank loans provide not only the most basic information, e.g. the duration of the loan, costs or the amount that the customer can get. In the comparator you will also find data on, among others, the bases of debtors checked by a specific entity, the basic conditions for obtaining a loan or the presence in the offer of a given lender of the promotion of the first loan at the APRC at 0%.
Ranking of payday loans for January 2020, i.e. hunting for bargains
It is also worth mentioning another undoubtedly significant advantage of good non-bank loan rankings. These pages are regularly updated. This means, above all, that by reviewing e.g. a given ranking of payday loans for January 2020 we are dealing with a real, current offer of loan companies. Of course, this also has other consequences.
It is known that today’s loan institutions are trying to attract customers by offering various types of promotions. We can often come across, for example, periodic discounts on loans, promotions of circumstances, etc. Thanks to this, it is possible to find an offer that, thanks to the currently available promotional terms, will be much more profitable than, for example, two months ago.
In addition, it is worth mentioning that reputable websites for ranking non-bank loans present only offers of proven companies with an established reputation. So if a given lender avoids, for example, presenting the exact terms of his offer, he just won’t be included in the ranking. Therefore, for the customer, it is a way to avoid the risk associated with using the services of lenders, who have some deficiencies in terms of transparency.