Online credits win the battle against traditional loans

Without a doubt, the online world has been gaining ground over the traditional for years, when it comes to shopping. Such is the increase in Internet sales that until the acquisition of online credits grow without ceasing. According to a study, during this past 2018, a third of the population chose to finance themselves online, data that has increased by 9% in just two years.

Why does the population prefer online credits over offline ones?

Why does the population prefer online credits over offline ones?

According to the aforementioned study, one of the key aspects of the increase in online credits is the tranquility they offer, since we can get them without having to leave the chair. Apart from this, the most important aspects highlighted by the users interviewed are:

  • Transparency: generally, through the Internet we can find the information we need.
  • Trust: more and more entities are regulated by the bank, which makes 59% of the population willing to take out an online credit.

If we have not yet applied for a loan online and we do not know the credit market excessively, a good option may be to consult our personal loan simulator. Here we can find the product that best suits our needs.

Does the price of online loans vary from the traditional one?

Does the price of online loans vary from the traditional one?

Currently, and according to data, the average APR stands at 8.07%. This indicator reflects the average price of both traditional banks and financial credit institutions. For this reason, the price of online credits should not differ from that of offline credit. However, in both cases we can find prices that range between 5.95% TIN and 12% TIN. If we are one of those who likes new technologies and does not pay more than our account.

Before applying for any credit, whether online or offline, the most important thing is to compare. If we do a good job we can save up to more than 1,000 dollars for the same product. Let’s take an example:

  • Requesting 10,000 dollars to be repaid in 5 years and at an interest rate of 5.95% TIN.
    • We will pay 193.10 dollars a month
    • At the end of the term we will have paid in interest 1,586 dollars
  • If we contract a loan with the same conditions, but at an interest rate of 12% TIN.
    • We will pay 222.44 dollars a month
    • At the end of the five years we will have paid interest 3,346.4 dollars

Thanks to this having a lower TIN, we have managed to save 1,760.4 dollars on this loan.

Loan with bills: who can apply for it?

Until a few years ago access to credit by protesters and bad payers was a more unique than rare event, thanks to the lack of trust on the part of banking and financial institutions towards this type of entity. Over time, however, market operators have softened, trying to study ad hoc solutions to be offered to those who, in the past, had experienced difficulties in repaying the sums due, a difficulty that affects mainly self-employed workers, due to imbalances of cash due to the activity.

Hence the idea of ​​the loan changed for bad payers and protests: a personal credit product that is disbursed against the subscription of exchanges to guarantee the sums. In this way the loan is repaid by the applicant, at a fixed interest rate, through bills of equal amount with a monthly maturity.

Like other categories of financing, the personal loan changed for bad payers and protests is part of the so-called non-finalized loans: in this case, therefore, it is not necessary to purchase a specific good or service to be able to apply for it. Loans exchanged can also be found online, albeit quite rare, which is free from the need to travel to large cities, such as Rome, Milan, etc.

Changed loans: what to know

Changed loans: what to know

Applicants for a personal loan changed should compare the various opportunities available on the market by evaluating the TANs of the different proposals. The nominal annual rate, in fact, represents the percentage interest rate at which the money will have to be repaid: the higher the TAN value, the higher the portion of interest in favor of the lender.

But there is more: many operators, in fact, include in the contracts ancillary costs, not directly connected with the mere repayment, which increase the costs of the loan. For this reason, together with the TAN, an evaluation of the APR, the annual percentage rate of charge cannot be missing, a sort of overall indicator of the convenience of the product.

Finally, before signing a loan agreement, it is always good to check any costs and penalties in the event of early repayment: if the economic situation of the applicant were to turn to the best, in fact, it would be a heavy nuisance to find out, too late, that to extinguish the debt in advance must be paid, in addition to the residual, also additional expenses.

Protest and bad payers, failing the second chance can be a risk

Protest and bad payers, failing the second chance can be a risk

Failure to pay an installment by individuals with a similar precedent, such as bad payers and protests, may involve the risk of unpleasant and serious consequences. The bill of exchange, in fact, is an executive title and therefore the non-coverage of an installment immediately sends the title and the customer to the protest (which makes them part of the fast loans when a thorough investigation is not necessary). A second protest or a new report to the interbank centers could represent too great an obstacle to overcome even for institutions open to the most difficult subjects.

Online loan without references and guarantors from 18 years

Students often find themselves in a situation where the money is needed urgently, and another month before the scholarship.

In order not to spend the best years on part-time jobs, borrow from friends or hand over your favorite things to pawnshops, it is easier to get a loan without documents and guarantors.

Banks refuse because young people without an income certificate are not considered trustworthy. But the situation is not hopeless – get a quick loan without inquiries and guarantors at Good Finance!

Urgently take a loan online without documents and guarantors in 20 minutes


We trust customers and are ready to meet even those who have recently turned 18 years old.

In Good Finance, you can get a loan online without inquiries and guarantors and immediately get the right amount – it will come immediately to the card. By specifying the maturity and interest, you can immediately send a request on the website or through the mobile application.

An application for a loan without inquiries and guarantors is analyzed within 20 minutes, after which you will receive a confirmation by phone or e-mail.

Do not provide false information – this increases the risk of failure, and a second request is sent only after 30 days. Trust us and we promise you a simple and trouble-free loan!

Loan amount and loan terms


Good Finance is the fastest and most reliable way to get an urgent loan without resorting to the humiliating ways of finding money.

Forget about the queues, paperwork and meticulous managers of the bank – a few clicks and a loan calculator will show interest on loans without references and guarantors, and in the Personal Account there will be all comprehensive information about the conditions of registration.

If you have any questions or didn’t receive a notification, you can always contact the manager or write to us – we work 24/7 seven days a week.

The conditions of Good Finance are easy to tell on an example: if you took 1000 USD. for 7 days, then the payment with all commissions will be 1091 USD. (APR – 474.5%). The loan is extended for 7, 15, 30 or 45 days or repaid in installments – we solve financial problems together!

Advantages to get a loan online on a card from Good Credit


  • we issue a loan of 18 years without certificates and guarantors on loyal terms;
  • loan processing is carried out via the Internet and does not take more than 20 minutes; approval, like rejection, comes via SMS;
  • all data is reliably protected by an encryption system, so your loan application without inquiries and guarantors with personal data remains private information;
  • we are ready to enter the situation, therefore we extend the payment, and after 90 days the growth of the loan overdue stops:
  • you can pay the loan earlier – then the interest will be recalculated taking into account the new conditions, as well as repay the loan in installments – interest is calculated on the unpaid part.