Online loans are a common financial tool used in case of salary delays or urgent expenses. This is a convenient and fast way to get money on a credit card. In Sri Lanka, this market is well developed, and everyone can find a profitable option.
Benefits of online loans
Obviously, the main criterion for choosing a credit company is a low-interest rate. However, clients often pay attention to the following benefits:
- Fast and easy procedure. Many firms provide fast customer service. Often, it takes 15-20 minutes to receive a loan with verification by phone.
- Support 24/7. Sometimes money may be needed on weekends and even at night.
- Loyal attitude towards clients.
- No need for a guarantor.
Taking an online loan in Sri Lanka is most often an emergency measure. However, if you have such a need, make a choice after weighing the pros and cons.
Top 5 services to get a loan
Online loans in Sri Lanka are quite popular. You can get approval in minutes by applying through a mobile application. The main task is to choose the right company with the most favorable conditions. Below are the TOP 5 loan institutions in Sri Lanka that offer their clients the best conditions:
- OnCredit. One of the best options. Approves 96% of applications and has a low-interest rate from 0% to 16%.
- CashX. The company considers applications within 5 minutes. To get a loan, you only need an ID. Interest rate — from 15% to 18% per month.
- Loanme. Reliable service with an interest rate of about 14%.
- FastRupee. A loyal company that is ready to offer an extension in case of unforeseen circumstances. The interest rate is slightly higher — up to 30%.
- Lotus. One of the most popular companies with an interest rate of 12%.
Conclusion
With online loans, you don’t have to worry about going through long formalities. If you need money, you can quickly get it to your bank card. Choose the best service and enjoy financial freedom.
Related posts:
5 Safe & Easy Loans to Get to Fund Your Micro & Small Business Ideas 
Top 10 Highest Paying Jobs in the Philippines 
Contracted Sales of RMB19.04B in March 2019, YoY growth of 87% ; Contracted Sales of RMB34.41B in 1Q 2019, YoY growth of 27% 
How to Invest in the Philippine Stock Market 
Sunlight Real Estate Investment Trust (“Sunlight REIT”) Operational Statistics for the Quarter Ended 31 March 2019 
What is the most popular debt consolidation loan option for poor credit?