Avail Finance is a financial Android application for receiving loans. Users who have good credit scores are able to submit a request and transfer funds to their bank accounts. It is worth noting that the service works properly only in India.
Loans
Thanks to this service, residents of India are able to ask for financial support in the form of loans. The amount can go up to 10 000 rupees at the moment of writing this review. Avail Finance provides reasonable interest rates and enough time to pay money back.
It is possible to upload all necessary documents online without going to a bank and waiting in a queue. All you need to do is to provide you personal and work information including your age, occupation, salary details and credit score. The latter is quite important and enables you to receive the maximum amount the service offers.
Repayments
Similar to Branch, this app allows users to pay money back in several installments. This means that you complete payments in small portions throughout a fixed period of time. Larger the amount, the more months you have to cover your loan.
It is worth noting that there are benefits for those who repay borrowed money early. By doing so, you will close the interest rate faster and save a significant amount as well as increase or maintain your credit score.
Features
- provides loan plans for 5 000 to 10 000 rupees;
- necessary to enter salary details;
- developed for people over 18 years old;
- free to use and download;
- compatible with supported Android versions.
