Focus loans are one of many banks in Norway that offer consumer loans on good terms. Here we have gathered the most important information and benefits of choosing Focus Loan as your lender. This gives you a good overview of what the bank can offer you.
Focus Loans gives you consumer loans up to USD 75,000
At Focus Loans, you have great flexibility to put together your own solution, which fits your needs perfectly. They do this, among other things, by having wide intervals for repayment time and loan amounts. With them, you get the following benefits:
- The opportunity to choose a loan amount between USD 10,000 and 75,000.
- Large repayment interval, ranging from 12-80 months.
- Low effective interest rate of 19.88%
- Ability to redeem the cash loan agreement at any time
- The opportunity to choose interest-free and interest-free periods
- No security requirements
This way you can borrow to a wide range of needs and easily get the deal to suit you. Choose a long down payment if you want a lower monthly performance. This is an advantage if you can’t afford to pay that much money each month. The effective interest rate depends, among other things, on your chosen loan amount, the term of the loan and the individual credit rating that Focus Loans makes. The lower the effective interest rate, the cheaper the loan.
At Focus Loans you can easily apply for a consumer loan on the website. First, choose the amount and monthly benefit that suits your needs. It is important that you set a budget so that you do not get in trouble with the repayment.
Submit your application on the homepage with personal information as well as information on living and employment conditions. You will receive a response within one hour and the money will be credited to your account the day after it is approved.
But of course there are some requirements that you must meet in order to be approved by Focus Loans. There are two basic requirements:
- You must be 20 years of age
- You cannot have any payment notes
If you meet these, you can submit an online application. Of course, it is completely free and non-binding, and it only takes a few minutes. You will not accept the offer until you sign the contract.
What should you do before accepting your consumer loan?
Focus Loan is a bank, which gives you the opportunity to borrow for what you need. You do not need to disclose purpose or quiet security. At the same time, you can choose from a wide variety of loan amounts, repayment periods and installment-free periods. In this way, you can in many ways put together a loan that best meets your needs.
In principle, they have a fairly low interest rate on consumer loans. But it is important to emphasize, that you can only see your specific offer once you have submitted an application. The reason for this is that the offer depends on many factors such as amount, repayment period, interest-free period, income and much more.
As mentioned, it is completely free and non-binding, so you can easily submit applications to both Focus Loans and other companies. This way you can see what the different ones can offer you. If you compare the effective interest rate, you can see which offer is the cheapest for you.
You can read much more about the current terms on the Focus Loan homepage. Here you can also choose your desired amount and maturity, and you get an example of the monthly performance and the effective interest rate. Submit your application today and get an answer within one hour. Keep in mind that you are never committed to a loan agreement until you have signed the final contract.