Quick Now Dynamic is a type of personal loan made available by Best bank designed to meet the most diverse needs, thanks to three options that allow you to benefit from the convenience of a flexible installment.
With the Installment Change, for example, you have the opportunity to redefine the amortization plan at a cost of just 10 USD : in essence, you have the right to request to change the monthly fee, after the first nine consecutive installments paid by the when the loan was disbursed, always within the limits of a pre-established minimum and maximum amount. This option can be exercised once a year, and is recommended – for example – to those who, relying on greater availability of money, want to decrease the number of installments by increasing their amount.
The Salto Rata, on the other hand, redefines the amortization plan because it allows you to skip one installment per year. This is an option that allows you to avoid paying an installment – which will obviously have to be repaid later – once a year, provided that at least six months have passed between one use of Salto Rata and the other. the first nine installments scheduled for repayment have already been paid. This solution is suitable for emergency situations, when you suddenly find yourself running out of cash and you think you are unable to pay the installment.
The third option that is made available to those who request and use Quick Now Dynamic is called Loan Refill : by virtue of this opportunity it is possible, in addition to the financing that is already in progress, to request additional liquidity. This type of operation has a cost of 10 USD and requires that the amortization plan be redefined, under specific conditions: top-up can be obtained for a maximum of three times during the loan repayment period, but between use of the service and the other must pass at least 24 months (i.e. at least 24 installments must have been paid).
Loan top-up can be requested for the first time after 24 months from the time of disbursement; as regards the amount of the top-up, it cannot be greater than the amount that was refunded at the time of the request.
Quick Now Dynamic allows you to request from a minimum of 3 thousand to a maximum of 30 thousand USD : the minimum repayment term is 36 months, while the maximum repayment term is 84 months.
For example, requesting a loan of 10 thousand USD, the repayment in 36 months would provide for an installment of 326 USD and 91 cents, with a Tan of 10.90% and an APR of 12.42%, while the repayment in 64 months would provide for an installment of 206 USD. and 73 cents, with a Tan of 10.90% and an APR of 12.07%.
The repayment of Quick Now Dynamic can be made by automatic debit on Genius Card or on the current account: on the other hand, the loan can be debited on a current account opened at any bank and it does not need to be from Best bank.
Those who are not Best bank customers can request an appointment at the agency through the bank’s website, in order to receive a personalized quote; instead, those who are Best bank customers can connect to the bank’s website and calculate the online estimate in complete autonomy, without having to go to the agency. If desired, you can choose an installment with a rounded amount (for example, 100 USD, 200 USD, 250 USD and so on) so that it is easier to remember and to repay. In addition, it is possible to subscribe to the Personal Credit Protection policy, whose premium depends on the amount of the loan and its duration. The policy is optional.
Quick Now Dynamic, therefore, is an advantageous solution for those who need a loan but do not want to be too tied to the formulas of standard loans, wishing to be able to count on the possibility of changing the installment or the repayment methods within certain limits.