Cash loan ranking – March 2019
March 1, 2019 The monthly cash loan ranking is an opportunity to take a cross-sectional view of the cash loan market in Poland. In March, the first place was taken by the offer of Mobile Sumagi Bank, followed by GTO BP in the ranking. In third place we saw Tiges Bank with a cash loan for you. Which banks are lower in the ranking and what separates them from the leaders?
Mobile Sumagi Bank maintained its leadership position and won gold once again
This well-known international mobile operator has entered the market more and more ambitiously for years
bank. His efforts were successful, because Mobile Sumagi Banking Services reigns in our rankings.
This is definitely the most advantageous offer in the whole ranking. The maximum available amount of PLN 200,000 is a huge sum. Especially if we take into account that the loan will be taken in full online, and verification is carried out only by means of retrodatabase (without income certificates). Thanks to the advanced automation of the loan granting process, we will receive it even in one day.
GTO BP – the largest banking institution in Poland has been awarded with silver
Silver color perfectly matches GTO Bank Polski. This big bank, trusted by the most Poles, stands out among the rates by experience.
What is, on the one hand, its great advantage – security and stability, has taken it to the second position in the ranking, because a loan without certificates can be obtained only up to PLN 24,000. If we collect the required documents, we can count on up to PLN 120,000.
GTO BP is particularly interested in new clients. In the Mini Ratka loan offer, the bank predicted a lower interest rate if we use its services for the first time or we transfer a loan from another bank as part of consolidation. You can then count on the Real Interest Rate at a ridiculously low level of 3.44%.
The cash loan for you from Tiges Bank won bronze
The cash loan offered by Tiges Bank is one of the most interesting offers on the financial market. Although in March he finished third on the podium, many times before he could be found in second and even first. Tiges Bank addresses its offer to even very young people, because in this institution you can take a cash loan from the age of 18. It’s enough to have adequate creditworthiness.
You can borrow up to PLN 200,000 at Tiges Bank. PLN for the maximum loan period up to 120 months. Low-cost cash loan, i.e. up to 2,000 PLN can be obtained for free. This means that the customer will repay only 2,000 loans with no costs incurred. This is probably one of the many advantages of Tiges’s banking offer, which allowed the institution to once again be in the top three in the ranking.
Estepat Bank cash loan in fourth place
Estepat Bank is characterized by a wide offer of additional financing. Among the bank’s many products is the cash loan, which is on the fourth place in the March ranking. The maximum loan amount available is slightly lower than at Tiges Bank, but it still remains high – it amounts to 160,000. zł. Customers can set (according to their repayment options) the loan period from one month to 92 months.
Estepat Bank allows you to take out cash loan insurance if its amount is up to PLN 100,000. zł. The bank is praised for speed in checking loan applications and a professional approach to the client.
Cash loans in Poland are already the norm
Cash loan is one of the most frequently chosen bank financing products. Poles willingly make this kind of commitment because it is more convenient solution than tedious saving for a dream car or renovation, or even a new apartment. Of course, in general we pay more for the selected item, but we have it available immediately – and this is the argument that convinces most of us.
However, choosing a cash loan is not easy. Banks tempt us with various offers, but ultimately not all of them are usable. Therefore, when choosing a commitment for years, it is worth following the proven ranking of cash loans – because it simply represents the voice of people who have already benefited from a given offer, so they are able to assess it as accurately as possible.
People who have less financial needs or do not have high creditworthiness should also check our payday loans and installment loans ranking. Often the first such loan is free, and in addition there is no need to fulfill as many formalities as in a traditional bank loan.
Constantly low inflation discourages the MPC from raising interest rates. Unless nothing changes in this matter, one cannot expect the intensification of the fight for cash loan customers. The only thing that can shake the market is the entry of a new, big player. Put simply, one should not wait for a loan to be taken now, because nothing will change in the credit market in the near future