Compete with Bank Loans and 25 other banks

Are you considering applying for a loan from Good Finance Bank? Read more about this Estonian lender and compete with Good Finance Bank Loans and 25 other banks and financial institutions in one application.

Pearl is created to help you find the best loan, quickly and easily. Take advantage of our service and ask Good Finance Bank for a personal and competitive loan offer!

Good Finance Bank as a loan company

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Good Finance Bank was founded in Tartu, Estonia in 1992. Good Finance Bank is currently active in Finland, Estonia, Latvia, Lithuania, Spain, Sweden, Germany, Austria, and the Netherlands. The Finnish branch was opened in 2009. Big Bank offers deposit services and unsecured loans.

Good Finance Bank is a small bank even though it operates in many countries. From this, we can conclude that the loan is relatively difficult to obtain. A loan portfolio of approximately EUR 400 million spread over nine countries indicates that the bank is focusing on a narrow sector.

Good Finance Bank loan rates

Good Finance Bank loan rates

Good Finance Bank advertises very low-interest rates on its loans. According to the website, interest rates on loans start below 5%. Pearl does not believe that Good Finance Bank will grant the loan at that price. A closer look indicates that smaller loans are issued at higher interest rates than larger loans. The main attraction of larger loans is the very low-interest rate that is used in advertising.

Good Finance Bank loans 1000 $ – 3000 $:

  • Repayment period: 3-6 years.
  • Nominal interest rate: about 24.9%.
  • Withdrawal fee: 0 $ – 2.9% of the loan amount.
  • Account Management Fee: 0 $ – 5 $.
  • Annual percentage rate of charge: maximum 27.95%.

Good Finance Bank loans 3000 $ – 50000 $:

  • Repayment period: 2-10 years.
  • Nominal interest rate: 4.68% – 24.9%.
  • Withdrawal fee: 0 $ – 2.9% of the loan amount.
  • Account Management Fee: 0 $ – 5 $.
  • Actual annual interest rate: 35% max.

Good Finance Bank’s pricing features are similar to those of other banks. The simple thing is made difficult by the various vague examples. The same is true with Good Finance Bank, just by bidding on your loan application you really know what interest rate you are getting from the bank.

Who can get a loan from Good Finance Bank?

Good Finance Bank does not open its credit criteria on its website. We assume that the age limit is the same for more than 20 or 23 years, you have lived permanently in Finland for at least two years and your credit history is in order.

Good Finance Bank loan immediately into your account

Good Finance Bank always asks for attachments to verify income information. Bank’s own guidelines for securing a quick loan process:

  • Choose a loan and fill out the application, and check the income information and other loans you have subscribed to.
  • Find the latest payroll or retirement decision and attach it to your application as a photo or PDF in the Good Finance Bank loan process. This will ensure that the loan is likely to be credited to your account, even within the same day.

The bank doesn’t tell you what accounts it has to pay off the loan, so we don’t

Can I increase my Good Finance Bank credit?

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Good Finance Bank does not state on its website whether the loan can be raised. We recommend that you contact the loan company customer service directly for more information.

Maturity Transfers, Free Repayments and Modification of Good Finance Bank Loans

Unfortunately, Good Finance Bank does not offer maturity deferrals or repayment-free months for its loans. If you are experiencing payment difficulties as a Good Finance Bank customer, please contact their customer service directly for a change of payment plan.

Experience with Good Finance Bank

Good Finance Bank loans are of a relatively limited length and do not offer the features of other banks. Pricing can only be found out by filling out a loan application. The opening hours of the loan service are bank-like from 9 am to 4:30 pm, so the bank does not stand out in any other area.

The pros and cons of Good Finance Bank:

The good thing: Competitive prices, the actual price level is always individual.
The good: Low fixed costs make it easy to pay back quickly.
Good: Loans can be combined with a reasonably large consumer credit.
The bad thing: The chances of getting a consumer credit over $ 10,000 without a co-applicant are low. Loan consolidation is good.
Bad: Service poor hours: Mon-Fri 9:30 am to 4:30 pm.
Bad: Attachments are always required.
The bad: Loan products have poor features such as repayment-free or maturity deferrals.