August 15, 2019

What are non-bank loans?

Non-bank loans are relatively often compared to loans and constitute a separate category of financial products. They differ in the entity granting the credit or loan. Loans are granted by banks, while non-bank loans by financial institutions, other than banks or private individuals. Non-bank loans are granted by companies that specialize in providing this type of services – there are more and more of them on the market, customers can easily choose. What to consider when choosing a non-bank loan? When choosing a non-bank loan, we should be guided by similar criteria as when choosing a bank loan. Attention should be paid to the commitment costs. We must pay attention…