Do you care for the baby and often do not have the maternity money? In a similar situation, there are other moms who have to borrow cash from their relatives or acquaintances as many times. But not every woman has the support of her family or she is even a single parent. At this point, loans for women on maternity leave or people’s “loans to the MD” can help.
What are their parameters, advantages, disadvantages and risks?
Non-bank loans online
As a rule, women on maternity leave do not reach normal bank loans because of low income. Although they are cheap and relatively safe, the bank thoroughly examines each applicant and, without sufficient income, the chance of obtaining a bank loan is minimal. So we have to look for loans for women on the MD rather in the non-banking part of the financial market.
SMS loans to parent online and immediately
These loans are found mostly by mothers on the Internet, where they are offered under different names (most often as SMS loans ). These are smaller loans, usually up to CZK 5,000 or CZK 10,000; you can choose the loan amount and maturity period, usually up to 30 days. It should be noted that many of these loans are intended for applicants with permanent employment and demonstrable income, but some products in this category are also intended for people with irregular or low income. The money is paid out to the account immediately, in some cases it is possible to send the amount to the postal order.
Loans on parent without registry, without proof of income
The parent loan bonus is that women handle them online so they don’t have to go anywhere with their baby and can stay in the comfort of their own home. Therefore, it is not necessary to prove “paper” receipts confirmation, it is sufficient to fill in the information about your income and expenses in the online form. It should be noted here that the data entered on the form must be truly true if the applicant or applicant wishes to “improve” their income data in any way, threatens to commit credit fraud. But low-income people can also get an SMS loan, and even a negative record in the debtors’ registers may not even be a problem. Each application is assessed individually.
Loans without fees – the first free loan
Although loans in this category are quite expensive, you can also find a free loan. How is it possible? Some companies offer the first loan free of charge – that is, completely free of charge. A woman simply returns as much as she has borrowed. However, care must be taken to ensure that the maturity period is not exceeded – if the non-bank company is exceeded, relatively high fees are charged.
Don’t forget what?
With maternity leave, non-bank loans for mothers are at risk of getting the woman into deeper financial difficulties because of her failure to repay the loan on time and pay her additional charges. These fast loans are also linked to higher interest rates, APRs and sanctions. However, all fees and possible penalties must be legally indicated on the credit company’s website and in the credit agreement, before a loan is requested, all the circumstances and risks should be considered and considered.
The experience of others in the discussion on the Internet
Before negotiating a loan or finding the most appropriate loan for women on the MD, it is worth reading the discussion on the Internet. Mothers will learn about other women’s experiences or find tips for a proven and safe non-bank loan. All you have to do is enter a “women’s loan for MDs” into the search engine.