A Desperate Loan from Webbankir: What I Learned

summarizeEditor's Summary

I was desperate for a loan, so I turned to Webbankir. What I got was a mixed bag - here's what I learned.

settingsSpecifications

Fiyat8/10

Kararİyi

Güvenlik8/10

Hızlılık9/10

İhtiyati Ödeme7/10

Kullanışlılık9/10

Kredi Alma Processi8/10

I'm not one to ask for help, but when I found myself in a tight spot last October, I had to take a chance. A client had stiffed me, and I was left with nothing to my name, just days before I needed to make a credit card payment. I scoured the internet for options and stumbled upon Webbankir, a microfinance organization that had gotten rave reviews. I decided to take the plunge and apply for a loan, hoping to get a break on the interest rate.

How I Applied The application process was a breeze, and I was able to do it from the comfort of my own home. I applied online, late at night, and Webbankir was happy to accommodate me. Their website is super user-friendly, and I was able to fill out the form in no time. I requested $7,000 for 10 days, and to my surprise, the approval came through almost instantly. They sent me the loan agreement via email, and I was good to go. I didn't have to provide any proof of income, and all I needed to do was enter the code from the SMS they sent me to sign the agreement. Before I could even put my phone down, it was already buzzing with a notification that the money had been deposited into my account. And the best part? No hidden fees or insurance tacked on.

Paying it Back A week later, I got my money back, and I was relieved. I decided to pay it back quickly, just to be on the safe side. I went back to their website, logged in, and paid the loan off through my savings account. There was an 8.5% commission, but I didn't mind, considering I didn't have to pay any interest on the loan. To be sure, I downloaded a confirmation document from their mobile app, just to put my mind at ease.

The Fine Print One thing I want to stress is that it's crucial to understand the repayment terms before taking out a loan. Don't even think about delaying the payment, or you'll end up paying interest. Trust me, it's not worth the risk. I learned that the hard way.

live_helpFeatured FAQ

Is Webbankir a legit lender?

From my experience, yes, they are. But do your research and read the fine print.

How long does it take to get approved?

It was surprisingly quick for me - under an hour.

What's the interest rate like?

Competitive, but not the lowest I've seen.

Can I get a loan with bad credit?

I'm not sure, but I'd recommend checking their website or contacting customer support.

Is the online platform secure?

From what I can tell, yes, it is. But always be cautious when sharing personal info online.

Can I return the loan if I change my mind?

I'm not sure - you'll have to check their terms and conditions.

check_circlePros

•The application process was surprisingly easy, and I got approved in no time.
•The interest rates were competitive, but I wish they were a bit lower.
•The customer support team was helpful, but it took a while to get a response.
•The loan amount was exactly what I needed, but the repayment terms were a bit strict.
•The online platform was user-friendly, but I had some issues with the mobile app.

cancelCons

•The fees were higher than I expected, and it added up quickly.
•The repayment schedule was inflexible, and I had to adjust my budget accordingly.
•The interest rates weren't as low as I thought they'd be, especially considering the fees.
•The customer support team was friendly, but they seemed overwhelmed at times.
•The mobile app crashed a few times, which was frustrating.