Write more! Contest : How to collect an instant loan

in SteemAlive2 years ago (edited)

images (43).jpeg getting loan become easy ; finance .
image source

Introduction

Living a life with no money is a kind of life full of frustrations and diversifying negative thought . That as long as such a person keep staying with no Kobo , no cent and not even a dollar .It certain that , such a person would get to be depress and wondering over everything around ; the sky , seen and unseen things and even the earth as a whole . Whenever getting to see any possible way out would be gladly embrace . Here I would be briefly relates on the following :

• Meaning of loan / instant loan

• Creteria to collect loan
1). From the commercial bank
2). From the micro finance bank
3). From card marking outlet
4). From co-operative society
5). From an online loan apps

•Conclusion

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Meaning of loan or instant loan

Here loan on a normal ground can be relate as an agreement of understanding to give out certain sum of money for a particular receiver ; with a motive for the receiver's to pay back the received amount on an interest either high or low rate at that , agreed upon date and a day . And an instant loan is just same , but on this kind , loan is being disburse with no delay .

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The creteria to collect loan

Creteria to apply for and get loan successfully from any loan given outlet , organization , banking institution and applications are not same . So am going to brief on each as follows :

Commercial bank

In order to collect loan from any existing commercial bank , you must be operating with such bank with an active account balance .

Micro finance bank

In order to get loan from any micro finance bank . Here you don't need to necessary opened an account with them . Creteria is you would provide an active business plan and a well running business at hand , needed funds or money .

photo-1579621970795-87facc2f976d.jpeg small sum daily can turn business capital;finance.
image source

Card marking outlet

In order to get a loan from any available card marking outlet . There you must be an active registered member marking card with the outlet and be known .

Co-operative society

Here on co-operative society which is as same as the card marking outlet business .In order to get loan you must be a registered member , who involving with an active contribution , based on their contributing timing .

Online loan applications

In order to get loan from online loan apps . You must download the loan given apps from play store or any related . And sign up before applying . There , once you get to meet their required creteria , an instant loan would disburse into your nominated bank account.

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In conclusion

Perhaps if wondering what online apps can give out loan , then , you can try and see it for yourself . Do check on Lcredit , new credit , palm pay , Cha Cha and many more on play store .

10% @steemalive

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 2 years ago 

Thank you for participating in the contest.You have done well by telling us the meaning of loan and how to get one.

I really appreciated the fact that you explained how to apply and get a loan for each of commercial bank, microfinance bank,online lenders and cooperation societies.Thats a good guide for people to learn and follow.

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