Payday loan without commissions

Infra Bank is a banking group that offers tailored financial products for families, SMEs and the self-employed.

Among its products is the payday loan “Now You”. This personal credit will allow you to get amounts from 5,000 USD to 60,000 USD at 7.46% APR (6.5% TIN), which you can return in monthly installments for a period of up to 10 years. You will not find among its clauses commissions of any kind: neither study commissions, nor opening commissions, nor commissions for early cancellation.

Recruitment of the payday loan “Now You”

Recruitment of the personal loan "Now You"

If you are interested in contracting this loan with Infra Bank, it is necessary that you have your payroll domiciled at their bank, or in the event that you are self-employed, you have the domiciliation of your company’s social insurance, in addition to having contracted a life, or have one of your credit cards.

If you meet these conditions, Infra Bank gives you the possibility to fill out their online application form, which allows you to streamline and advance part of their application process, which you will finally have to manage in one of their offices in person.

Application requirements

Application requirements

Infra Bank has a series of strict and specific application requirements necessary to approve your loan application. Do not forget that the entity will carry out semi-annual reviews to make sure that your initial conditions have not changed.

Among its requirements are the following conditions that you must meet if you want them to accept your request:

  • Infra Bank domiciled payroll
  • If you are a self-employed worker, you must have a direct debit from social security and have a life insurance contract with Infra Bank.

In the event that you fail to meet these requirements, Infra Bank will increase the interest rate of your loan. This increase in the interest rate will vary depending on each particular situation, the amount owed and its repayment term.

Infra Bank payday loan Repayment

Infra Bank Personal Loan Repayment

Infra Bank allows you to make the payment of your installments easily with monthly payments for a maximum period of 10 years.

If during the return period you do not meet the payment of any of your installments, the interest rate applied would increase by 1.00%. In the event that you fail to comply with the requirements demanded by Infra Bank to grant you the loan, the bank will proceed to apply a delay in its interest rates.

Anticipated cancelation

Anticipated cancelation

If over time your financial situation improves and you decide to make an early repayment of your loan, Infra Bank allows you to cancel your loan without charging you any commission.

In this sense, Infra Bank proposes three solutions to customers who avail themselves of this type of advance payment:

  • Reduce the periodic fee keeping the same return date
  • Advance the expiration date without changes in the amount of the monthly installment
  • Maintain the agreed due date, generating a grace period, paying only for the interest generated.

Infra Bank Online Banking App

Infra Bank Online Banking App

In addition to traditional means of communication, Infra Bank offers you the possibility of downloading its App with which you can manage your accounts and carry out regular banking operations such as: checking your account balance, transfers, contracting products, procedures with your credit cards. credit and debit, among many other functions.

The good position of this bank at national and European level makes Infra Bank a credit institution that transmits an extra security and confidence to its clients.

Among its different financing products we talk about your payday loan “Now You”, with which you can finance up to 100% of your purchases or projects, for amounts from 5,000 USD to 60,000 USD, to be repaid in monthly installments without commissions with a very low interest rate.

Infra Bank’s payday loan has favorable conditions, although if you are interested in contracting, you must have your payroll domiciled in this bank, or in the event that you are self-employed, have some other type of relationship, such as contracting life insurance or direct debit of your receipts.

Going to Infra Bank can be somewhat demanding, in the event that your credit history is not favorable, and what you need is an easily granted payday loan. Remember that the lack of compliance with their conditions will affect the increase in your monthly installments when applying a new interest rate.

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