Choosing their lender on the market today can be difficult. How do you best compare the different companies? One way to do that is to write down the possibilities and prices of the different and thus compare them. And that’s exactly what we’ve done. Here we give you an overview of Complete Bank with a special focus on consumer loans.
What are the benefits of Complete Bank?
Complete Bank offers a consumer loan, which they call themselves Flexible Loans. They do this because you are very much in the business of deciding what the loan should look like. Both in terms of amount, repayment and use of money. Here’s what you get with a Flexible Loan at Complete Bank:
- Loan amounts from 10,000 to 400,000 USD
- Establishment fee of USD 490-1950, depending on the amount selected
- Term fee of 35 USD
- Nominal interest rate 7.9-19.9%, depending on loan and credit rating
- Effective interest rate of 16.9% on loans of USD 65,000 over 5 years
- Loans without collateral
- Payback when you want
A special thing about Complete Bank is that you are offered a frame credit when you apply for a loan. You can then decide for yourself how you want to spend this money. For example, you can approve a loan limit of 10,000 – 80,000 USD, but if you choose to use only 20,000, you only pay interest for that part. You can always borrow more within the agreed loan limit. It depends on the credit rating that the company makes.
With these flexible conditions, you can decide your monthly performance yourself, and you can get the money over multiple rounds without having to search multiple times. Complete Bank only requires that you pay at least interest and fees each month. Of course, you can spend your money on exactly what you want. And if you want to repay the whole loan or part of it, you can do it at any time.
How do I apply at Complete Bank?
You can fill out a form on the company’s own website, which serves as an application. Here you have to enter personal information and information so that the company can access your credit information. Obtaining a quote on a consumer loan is completely free and without obligation.
The bank processes your application immediately after they have received it. Once the application is received and verified, you will have access to the credit agreement electronically. Here you can see all prices and terms, and you can then decide whether you want to accept this agreement. If you do, you sign electronically with BankID and you have the money in your account no later than the following day.
You can use your consumer loan to refurbish your home, purchase new furniture or electronics, boat or even refinance expensive small loans and credit card debt. It is entirely up to you and is nothing, Complete Bank interferes with. But always remember to manage your budget before you take out a loan. It is important, that you know, how much you need, and how much you can afford to pay off each month.
One of the advantages of choosing Complete Bank is that it is a Norwegian bank. This means that they are members of the Bank Guarantee Fund . All deposits from customers (up to USD 2,000,000) are thus covered by the deposit guarantee. This increases your security as a customer and you can feel completely safe with an online consumer loan from Complete Bank. Submit your application on the website today and receive your non-binding offer.