Loan and Credit Finance is a large loan broker that can offer you as a consumer both private loans and car loans. Loan and Credit Finance is an independent company that works as a loan broker and has chosen to collect several different lenders and their different loans under one and the same flag.
One of the things that separates Loan and Credit Finance
And other Internet lenders is that they constantly offer you to have a personal contact with a loan manager. According to themselves, they offer this to make people feel as secure as possible as a loan is often the biggest expense a family has.
Loan and Credit Finance was started in 2003 and currently has its headquarters in Ängelholm. However, it should be said that there are more offices as the company is also found in several other countries such as England, Spain, Ireland, Norway, Denmark and Finland. The company has about 50 employees here in Sweden and throughout Europe it has about 500 employees.
Conditions for taking out a loan through Loan and Credit Finance
Of course, there are conditions that you must fulfill in order to get a loan application approved. This is a fairly standard requirement but is still good to know before.
A loan broker has fairly general terms because it is actually the lenders who have gathered under their roof who have their own terms. Therefore, the terms may vary a great deal depending on which lender you ultimately choose to borrow from.
The terms we print here should give you an idea of what it takes to borrow money from Loan and Credit Finance and you can get a good general look at whether you meet the requirements. Of course, you can find full terms and conditions on their website.
In order for your application for a private loan to be approved, it is required of you that you are of legal age, have a permanent home here in Sweden, an annual income of at least USD 100,000. You may also not have any unpaid debts with Kronofogden.
The car can only stand as collateral for 80% of the loan. You must be able to get the remaining money either in cash or through another loan. The car may not be more than 10 years old when the loan is to be repaid. An annual income of at least USD 120,000 is required. Age, Chronicle debt and housing are the same things as for private loans.
Loan and Credit Finance offers the following services
- Mediation of private loans up to a sum of USD 350,000.
- Brokerage of car loans where you can have the car as collateral for 80% of the loan. You can also buy a car from a private seller and still get borrowed money.
If you think that Loan and Credit Finance can be something for you, you can go directly to their website by clicking on the link below (this is an external link to the lender’s own website). Here’s even more information about different types of loans, interest rates and fees: