You must apply for a micro credit and you do not yet know which bank or financial institution you want to choose to grant you your loan. The micro credit simulator allows you not only to find the financial institution that suits you but also to save time in your research. You can choose in record time your online banking with as tools an internet connection and a computer or mobile device connected. The simulator of micro credit online offers in less than 2 minutes a dozen offers already negotiated among the best on the market.
The banks that are listed have a great advantage because they are known in a simple way and can attract many potential customers. This micro credit simulator is therefore both useful and practical.
Definition of micro credit online
Microcredit is a loan granted by financial institutions to entrepreneurs or artisans who can not receive conventional bank loans. It exists especially in developing countries and allows the implementation of microprojects. This type of credit offers a great opportunity to the person who obtains it and at the same time promotes the wealth of a country.
Microcredit works like a conventional credit. It is repaid monthly and has a fixed interest rate which is in most cases between 1 and 4.5%. The repayment term of a micro credit is 6 months to 4 years.
One can also subscribe to another type of micro credit said solitary. The latter is characterized by a zero rate. Not all banks offer micro credit. To be able to obtain a micro credit, you can turn to social support networks.
A 14-day right of withdrawal is offered to the person applying for a micro credit. The micro credit online is easy to understand and all the steps are done on the internet.
The different types of micro credit
Microcredit comes in different forms. It can be personal and is for people who do not have access to conventional bank credit. It is used for personal project financing.
The professional micro credit is made for the financing or the development of a professional activity.
The amount requested from a micro credit should not exceed 5000 euros and all people even those who do not have a fixed monthly income can contract this kind of loan.