Financeit offers online loans ranging from $500 to $100,000 with flexible terms between 12 to 240 months. The borrowing process is straightforward: select your desired amount and term, apply for the loan, and receive the money. To qualify, you must have a government-issued photo ID, a void personal cheque, and in some cases, proof of income. As an example of repayment, a loan of $3,000 with a term of 12 months would incur a fee of $199, making the total repayment $3,199. If you were to borrow the maximum amount of $100,000 for a term of 12 months, the total repayment would be $105,501.08, including a fee of $5,501.08.
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Financeit presents a flexible solution for those seeking financial assistance, with loan amounts ranging from as low as $500 to as high as $100,000. This broad range caters to a variety of financial needs, whether it’s for a minor home renovation or a significant investment.
The loan terms are equally accommodating, spanning from 12 months to an extensive 240 months. This flexibility allows borrowers to manage their repayment schedule according to their financial capacity, making it a convenient option for many.
The process to secure a loan from Financeit is straightforward. Prospective borrowers begin by selecting their desired loan amount and term. Following this, they apply for the loan, and upon approval, the funds are disbursed.
However, there are certain prerequisites to be eligible for a loan. Applicants must possess a government-issued picture ID, a void personal cheque, and in some cases, proof of income may be required. These conditions ensure the credibility and financial stability of the borrower.
To provide a clearer picture of the repayment structure, consider this example: For a loan amount of $3,000, a fee of $199 is charged, making the total repayment $3,199 over a term of 12 months. Similarly, for a loan of $100,000 with a term of 12 months, the total repayment would amount to $105,501.08, inclusive of a fee of $5,501.08.
In essence, Financeit offers a comprehensive and flexible loan service, accommodating a wide range of financial needs with its significant loan amounts and extensive loan terms.
Table of repayments
Amount | Fee | Total payment | Term |
$3 000 | $199 | $3 199 | 12 months |
If you will get the loan of $100.000 with the term of 12 months, your totally payment would be $105 501.08. The fee is $5 501.08.