Microcredit online: what market operators are hiding, said the attorney at Skliarenko, Sydorenko & Partners

The desire of citizens to live better than they can afford, they decided to monetize numerous financial institutions. Through intrusive advertising on the Internet and on television, instant online loans are actively offered.

They differ from traditional banking in that when registering, the borrower needs to submit a minimum of information and documents. There is even no need to confirm your legal income level.

Funds can be received in a few minutes, 24 hours a day, without leaving home. You only need to go to the website and press a few buttons on the keyboard.

Money is given out even to those categories of borrowers that banks usually refuse: persons with a negative credit history, unemployed, pensioners, students. All this leads to a rapid growth in the popularity of services. After all, with such loans you can quickly satisfy your own whims ...

But debts need to be returned! And here problems begin, which were not even suspected. How to prevent troubles and what you should pay attention to when applying for a loan, read the article “Caution, Instant Online Credit!” By Timur Michailov, a lawyer of Skliarenko, Sydorenko & Partners, specially for the Economichna Pravda portal.