A loan with a maximum amount of 5000 USD and a term of approximately 24 months. The procedure is the same as any other loan, but of course the microcredit has some important benefits. For larger purchases or investments, many private households use a loan of 5,000 USD. The 5,000 USD loan should therefore not be considered a simple microcredit. A $ 5,000 loan is referred to as a small loan and is available in this form at many banks.
5,000 USD credit
For a USD 5000 loan with a repayment term of 48 months, the tariff bank already grants an effective interest rate of 4.29% – 9.99% pa. This results in a monthly installment of $ 121.82. The sentence has remained the same for the entire duration. The total amount of the loan amounts to 5847,59 USD. An unscheduled repayment can be made after 6 months or the loan can be terminated with a notice period of 3 months.
In case of cancellation or unscheduled repayment, the processing costs for unscheduled repayments will not be refunded. Astro Finance offers a loan of 5,000 USD with an effective interest rate of 4.35% to 10.9% pa The fixed interest rate is 2.78% and is fixed for the entire term of 48 months.
With a credit of 5000 USD, Astro Finance charges a processing fee of 3%. The monthly amount is 118,15 USD per month. The total amount of the loan is 5671.03 USD. After 6-month term a special repayment can be made. The loan can also be terminated after 6 months with a notice period of 3 days.
Loan can be terminated 6 months
In this case, the expenses incurred for the unscheduled repayment will not be reimbursed. The effective interest rate of the credit line is 4.40% to 11.95% pa for a loan of USD 5000. The fixed interest rate is 4.41% with a maturity of 48 months. Further fees are not charged.
The monthly price is 121,30 USD. The total loan has an amount of USD 5822.47. For the first time, an unscheduled repayment can be made after 6 months. The loan can be terminated 6 months after the end of the term with a notice period of 3 months. To take a small loan, the applicant must have reached the age of 18.
He has to be employed by his current employer for at least 6 months and is no longer allowed to go on trial. Two pending pay slips must be submitted (always the last 2 months). For negative entries, the loan will not be approved.