Credit Matik offers online loans ranging from $250 to $1,250 with terms of 1 to 3 months. The borrowing process is simple: select your desired amount and term, then click the ‘Apply’ button. To be eligible, you must be at least 18 years old, a resident of Quebec, employed for a minimum of 3 months, earn at least $1,200 monthly, and have access to a phone. For instance, if you opt for a $500 loan for a term of 1 month, you’ll repay a total of $563, with a fee of $63.
Credit Matik review
Credit Matik offers a convenient and straightforward way to secure an online loan. With loan amounts ranging from $250 to $1,250, the platform provides flexibility to meet your financial needs. The terms for these loans extend from 1 to 3 months, accommodating various repayment capabilities.
One of the standout features of Credit Matik is the ability to borrow up to $1,250 for a term of 3 to 6 months. This feature provides an extended repayment period, offering borrowers more time to repay their loans.
The borrowing process is simple and user-friendly. It begins with selecting the desired loan amount and term. Once these details are set, clicking the ‘Apply’ button initiates the application process.
However, there are certain conditions that borrowers must meet to be eligible for a loan. These include being at least 18 years old and a resident of Quebec. Additionally, applicants must have been employed for at least three months and have a minimum monthly income of $1,200. Access to a phone is also required.
To illustrate the repayment structure, consider a loan of $500. If borrowed for a term of 1 month, the total repayment would amount to $563, including a fee of $63. This example provides a clear understanding of the loan repayment terms.
In conclusion, Credit Matik offers a flexible and easy-to-navigate platform for online loans. With its range of loan amounts and terms, it caters to various financial needs while ensuring the borrowing process is as smooth as possible.
Table of repayments
Amount | Fee | Total payment | Term |
$500 | $63 | $563 | 1 month |
If you will get the loan of $500 with the term of 1 month, your totally payment would be $563. The fee is $63.