In this article, we will introduce you to the various Good Finance products, discuss the right loan amount and repayment period, as well as other important information on applying for instant loans.

Good Finance is available for early repayment of $ 50- $ 50,000 loan amounts and variable. All loan products differ in terms of amounts, maturities, and general terms. What all the loans have in common is that they are always granted without collateral.

Good Finance, searchable on the internet

Good Finance, searchable on the internet

Have grown in popularity over the past few years. Loan amounts have long remained at the same level as instant loans and consumer loans, but applicants have been given the choice of loan terms.

In addition, a new financing model for instant loans has entered the market: community financing to finance peer-to-peer loans.

All quick loans

Quick pin briefly

  • Loan amount: 10 – 500 dollars
  • Refund time: 3 to 30 days
  • When to take a quick tip: When you need a small amount of money quickly with a short payout
  • Best Feature: Free First Loan Offer – Get Your First Loan Free

E-Money, or instant E-Money, is the best known loan product in the group of instant loans. It is often synonymous with online loans with a short payout time and a small loan amount. Quick Loans range from $ 20 to $ 500 and are usually offered a 30 day payout period.

The loan can be paid at any time between 7 and 30 days, but if you wish to postpone the due date, you will incur additional interest and costs.

It is possible to get a first loan with a quick swap without any expenses or interest. If you are looking for a lever, be sure to keep an eye out for first-time deals.

If the express loan is delayed, it will incur considerable costs in relation to the amount borrowed, so make sure that the express loan is repaid in a timely manner.

All flexible loans

Flexibility in brief

  • Loan amount: 10 – 3000 dollars
  • Repayment period: 1 to 48 months
  • When to Apply for a Flexible Loan: When you do not know the exact amount of the loan and the repayment period
  • Best Feature: Can withdraw money in several installments and pay as you wish

Flexicurity came to meet the need for flexibility in loan terms. All other Good Finance are credited to the account at one time and the repayment period is agreed upon in the contract. The loan of a flexible credit allows you to withdraw the money yourself into your account from your credit account.

A credit limit is set for your credit account, which is usually between 2000 and 3000 dollars . As a flexible credit, you can withdraw money into your account within the credit limit. One or more withdrawals may be made and the duration of the contract is continuous.

As long as you pay the minimum monthly installments and interest, the credit account will be available at all times.

Flexicurity is also the only Good Finance you can withdraw money into your account at any time of the day . Once the loan decision is made and the account is covered, you can transfer money no matter the time of the day. The agreement will automatically continue until the balance of the loan account has been paid and no new withdrawals from the account are made.

All consumer credit

Consumer credit in brief

  • Loan amount: 500 – 50000 dollars
  • Payback period: 1 – 15 years
  • When to apply for a consumer loan: When you need a large loan, payment ALL long time
  • Best Feature: Long repayment, with the option of getting a grace period for months

Consumer credit covers large sums between USD 1,000 and USD 50,000 for loan needs. Consumer credit is the easiest way to get big loans without collateral or guarantors. If you need a big investment such as a boat, car or house remodeling, consumer credit is the best option.

An unsecured and unsecured loan ensures there is no need to put your own money as a pledge on your loan. For example, when buying a car, a new car is put as collateral on the loan, but unsecured consumer credit gives you the option of buying a car without collateral.

The loan period of several years allows you to obtain interest rates that are relatively low for the loan applied for as a consumer credit. The long loan period also allows you to keep the grace and repayment months as payment. Consumer Credit is the only Good Finance to receive large sums of money without collateral or guarantees.

Consumer credit offers the longest payout time of all stays. The payout period of 1 to 15 years also keeps monthly installments and loan rates comfortably low.

All peer loans

About peer loan briefly

  • Loan amount: 1000 – 50000 dollars
  • Repayment period: 12 – 60 months
  • When to Apply for a Peer-to-Peer Loan: If you don’t want to resort to traditional financial solutions
  • Best Feature: Extremely advantageous interest on the loan

All the Emma Bovars of 2018

Peer-to-peer loans are the latest of all types of instant loans. This is not really a personal loan product, but rather a financing model. Traditionally, loans are financed by a bank or other lender, but peer-to-peer financing is provided by individuals through a brokerage service.

A peer-to-peer loan offers private investors the opportunity to earn a return on their assets. Peer-to-peer loan services bring together loan applicants and investors, ensuring that all obligations are properly discharged.

The individual and the lender who financed the loan never meet, but all the activities are done with the assistance of an intermediary.

Investing in a peer-to-peer loan is not completely risk-free because you cannot be certain that some problems will not arise during the repayment period. Still, peer-to-peer loans have gained popularity as investment targets, and many places have raised interest rates on investments

How to Choose the Right Good Finance

How to Choose the Right Good Finance

The choice of the right Good Finance should be made carefully. In some cases, the amount of money to be borrowed will determine which loan to take. Sometimes, however, the loan amount can be found in several different loan offers, and in these cases, it is worth knowing the differences between different instant loans.

There are differences in terms of legal, loan terms and loan repayment times. Comparing these differences helps you find the best credit for your needs. The loan should not be applied for without consideration, even if it is just a $ 100 quick tip.

Often, for the applicant, interest is the key, but it is not good to get caught staring at the interest rate alone. The most important thing is to evaluate the loan product that suits your needs, which does not cause unnecessary expenses, but serves exactly the need.

There are many reasons for borrowing, and the chances of repaying a loan also vary, so all loan products have their place.

loan Amount

The amount of money you can borrow in quick loans ranges from USD 50 to USD 50,000. Small loans are granted in the form of instant loans and large loans are granted in the form of consumer loans or peer loans. loans below $ 3,000 can also be taken on a flexible loan, which allows you to determine the loan period yourself. If you make regular repayments, your credit account will always have a drawdown.

It is worth taking a little time to evaluate the loan amount. Too small a loan is not enough and you may need to apply for additional financing, or a loan that is too large will produce unnecessary costs. However, borrowing is very rarely free, so you should think carefully about how much to apply for Good Finance.

If you intend to apply for a loan of less than $ 10- $ 500, then you might want to look at options on instant leasing and flexible credit. A $ 500 loan is also available as a consumer credit, but the loan terms offered are not a cheap option. Flexicurity works well for borrowing small amounts if you plan to pay back quickly.

For loan amounts of USD 500 – 3000 the options are Flexibility and Consumer Credit. A flexible credit can usually be withdrawn up to a maximum of USD 3,000, either at once or in several withdrawals. Each time a Flexible Credit is repaid, the amount repaid will be returned to the account for withdrawal. This allows you to easily use your Flex Credit for different loan amounts.

Loans over $ 3,000 can only be achieved with a consumer credit and a peer loan. The supply of peer-to-peer loans is much more limited than that of consumer loans, but up to USD 10,000, peer-to-peer loans can offer very cheap loans. More than $ 10,000 is entirely on consumer credit, as other loans do not have enough payment times to offer such large sums.

  • Loans of $ 500 or less: Instant Loan and Consumer Credit
  • USD 500 – 3000: Flexibility and consumer credit
  • 3000 – 50000 USDo: Consumer credit and corporate loan


The loan can be repaid from 3 days up to 15 years. The terms of the loan products define the repayment period. Some instant loans offer the same payout time, such as Flexicurity and consumer credit, but other terms separate the two.

The shortest payout time is in urgent delays, where the payout time is 3 to 30 days. With flexible loans, the payout period is at least 1 month, so you can get the same payout times as with instant loans.

Flexicurity loans are usually loans with a maturity of 1 to 4 years, which can be repaid in full at any time. Flexicurity provides the most leeway for any loan, it is the only one that is not contractually repayable. Other loans will have to be repaid within the agreed time, and generally changing the maturity of the loan will incur additional costs.

Long payment periods of more than 5 years are fully reserved for consumer credit. With a maturity of 1 to 15 years, consumer loans offer the most payout time and the opportunity to have low interest rates. Long payback periods also allow repayment free and payday free months, which can facilitate long repayments.

  • Instant Lips are issued with a payout period of less than 1 month
  • Flexicurity can be obtained from 1 month to 60 months
  • No consumer credit can be obtained for less than 1 year

Choosing a payment period is as important as choosing the right loan amount. The payout period determines how much interest you will incur on the loan, but also how much other costs will accrue. A small loan with a long maturity pays much more for the debt than a large loan with a short maturity.

Interest and expenses for Good Finance

Borrowed money usually always accrues interest and costs. The interest rate on a loan is determined by several factors. It is affected by:

  • Applicant’s income and assets on the basis of which the credit rating of the Lending Service is made
  • Loan time for debt repayment
  • Loan amount applied for
  • The loan product with which the lever is granted

The financial data of each applicant is evaluated to determine whether and on what terms it will be granted. The better the income, the shorter the payout time and the better the interest rate for Good Finance is possible.

Interest is not the only expense but is incurred on a loan, but usually there is always an opening fee, a handling fee or a loan management fee and a withdrawal fee for loans granted in the form of flexible loans.

Every time you apply for a loan, you will need to compare all of the cost of your credit. Even if the interest rate itself is very advantageous, it is possible that other costs will significantly increase the total cost of the loan. The total cost may increase significantly if, for example, the opening fee for a short loan is significantly high.

Other loan requirements

Other loan requirements

Other requirements that you can set for a loan are entirely based on your own needs. For other applicants, it may be important for you to be able to pay off the loan in one go, or to have a grace period and months of payment.

Especially for long-term loans, it is good to have tools that can ease the repayment of your loan as your economy changes. Postponement of the maturity date or calculation of a new installment is considered to be part of these services. When applying for consumer credit, it is more important to take into account the benefits of a loan than in a short quick fix.

The applicant can also look for a loan with a fixed interest rate so that there is no change in interest rates over the long term. A consumer loan can be repaid with a fixed repayment amount throughout the loan period, but in the case of a flexible loan the amount may be varied as desired.

Other loan requirements may include:

  • Repayment-free and gratuitous months
  • Postponement of due date
  • Calculating a new repayment on the loan
  • Fixed rate loan
  • Possibility to pay off your credit in one go

The other requirements that arise from a loan will always vary from case to case, so it is important to determine what conditions you want your loan to qualify for. A well-planned loan need is the best way to ensure you get the best Good Finance can.

These issues need to be clarified before the contract is signed: once the contract is signed, no changes can be made without a new contract being signed. There are always extra costs for this, so it’s a good idea to check these things out in good time.