Cost

Get the best loans at the cheapest rates with us

In present times, it is quite a difficult feat to get on with the whole prospect of taking loans. Apart from the fact that the rates of interest are quite high, getting approval for the loans also seems quite difficult.

Our speciality rests in the fact that when other financial institutions are looking for options to fill in their pockets, we are more focussed to have a good customer base and help fulfil their aspirations.

Types of loans:

There are a host of loans available with us wherein the customers can choose as per their wish. We allow them complete freedom in choosing their loans and paying them back within a certain time period.

Thus, here one can check out the types of loans that is there for one to take as per their requirements.

Variety of loans:

  • Secured loans:

This is generally granted against some personal property.

  • The amount is generally huge going into some thousand pounds.
  • Any type of personal property is to be kept as mortgage against the loan.
  • The amount borrowed has the flexibility of being structured by the loan taker.

In this case, one should remember that the cost of this loan is quite high. It implies that the interest rates to be paid back goes hand in hand to the cost. Also, the time period is limited within a certain range.

Thus, with a huge loan, the whole feeling of being in debt comes very consciously.

  • Bridging loans:

In this case also the amount that is taken as loan is quite an amount.

  • The amount taken has no upper limit.
  • The rates of interest are quite high.
  • The repayment period is short.

Thus, it is very evident that the cost of paying back the loan is pretty high. Hence, the overall cost increases manifold.

  • Unsecured loans:

This is a loan for a shorter period.

  • One can only apply for this loan if the amount is small.
  • The interest rates are high.
  • The time period for it is short.
  • The credit score has to be good for a person wishing to apply for this loan.

Problems with such loans:

In all these cases, one can see that the cost of the loan is high and the repayment time period is short. Given such issues, the whole point of taking loans for certain purposes can become tedious.

In this case, it is best if people search out for other options before them so that they can get peace of mind.

How is Innovate 100 better:

  • We provide loans irrespective of one’s credit score. Given such a scenario, people can easily come up to us for sanctioning of the loans.
  • We provide ample time for the people for the loan payoff. Hence, people can take a specified range of time within which the payment has to be given back. This gives one a certain time to utilize the loan properly without the headache of paying it back as soon as possible.
  • The interest rates charged by us are also reasonable.

So, you can be sure to get the best offers with us and we can help you in achieving your dreams with the loan rather than putting you in a cage of debt.