Loanbeginner is a financial company with a French brand that was born 8 years ago, specializing in crowdlending.
In other words, what it does is offer loans between individuals of amounts that can reach up to 40,000 US dollars.
All this in addition without having to provide guarantees, being a very positive aspect about this financing.
In the following article we will show the characteristics of this financing, also giving our opinion of Loanbeginner.
Because there is one thing that is clear, however much they are loans between people, their requirements are very different from those of the banking system.
Nor can we say they have similarities with other companies formed by lenders.
Basically because most private loans require guarantees.
And as Loanbeginner points out, what they do are loans without collateral.
What crowdlending company is Loanbeginner?
Basically it is a platform where investors who want to invest are fair with people who need money .
They make the same type of credit that a bank would make with the difference that it is an individual who lends.
The strange thing in our view is that they can offer such high amounts.
Because if we have learned something from private investors, it is that most do not sign without endorsement.
And the few investors who sign without endorsement usually do so for amounts less than 6000 US dollars.
Anyway I imagine it is like everything, high value Loanbeginner loans will only be available to the best clients.
In other words, only a very small percentage of applicants will be able to reach medium or high amounts.
Most, on the contrary, will have to settle for low or medium amounts.
What are Loanbeginner loans for?
They serve more or less the same things that any other personal loan can do.
If you enter their website you will see that the company indicates among other needs:
1.For reforms in the property
2. take a trip
3.Also for a move it can be useful.
4. Medical expenses
Ultimately it serves for the same things for which a client would process a consumer loan.
Advantages of the credits of this particular financial
When talking about the advantages of this financial we can point out several things.
However, the main one in our opinion has to do with the fact that we can get high amounts.
Despite being a platform between individuals, they say that they can offer personal loans of up to 40,000 US dollars.
Something that we currently did not see in any financial company dedicated to signing private loans.
Nor do we believe everything is said that Loanbeginner signs these amounts.
It will be possible but then in practice they will only process lower amounts.
And as long as they are solvent and stable clients.
In other words, medium or high amounts will only be accessible to the most solvent people.
Even so, as an alternative to bank loans, they seem like a good option.
Something that you can also see in the Loanbeginner Opinions
Here we show you some of the opinions that users of this particular financial institution have.
Pedro thinks "Loanbeginner, despite not being a bank, offers good financing conditions"
Sandra on the other hand thinks "The company allows me to get urgent money when what I am looking for is speed"
If you want to know other platforms dedicated to crowdlending and loans between people, here are some