Warpase Finance offers short-term loans in the form of an online payment service, up to PLN 6,000 with a repayment period of up to 30 days.
Warpase Finace is a rather unusual loan offer. When we enter their website, we will not find a popular loan calculator, which is available on almost all loan companies’ websites. At first glance, it is not known even what loans are provided by Warpase Finance – whether they are installment loans or maybe 30-day payday loans.
Warpase Finance is a novelty on the domestic loan market, because the company debuted with its offer in early 2018. We will find out from the company’s website that the AFK limited liability company is responsible for the brand, registered at ul. Nansead 50/54, 00-695 Warsaw. After careful analysis, we can also note that today the company has cash loans in the amount of up to PLN 6,000 . However, the loan repayment period is 30 days, so it is a typical payday loan, ie a loan with a short repayment period. To obtain a loan, no formalities are required which we would have to do in the facility, because all the things related to obtaining a loan in Warpase Finance, we will get through the Internet.
Who is the loan in Warpase Finance for?
The possibility of obtaining a loan will be given to persons who are over 20 years of age, have an ID card and are citizens of the Republic of Poland. An important condition for obtaining a loan is also the lack of debt, which would be visible in the databases of such institutions as BIG Infomonitor, ERIF or Krajowy Rejestr Długów. The company makes it possible to obtain a loan without having to present income statements. In this situation, we will be able to use the ready method of account verification by Kontomatik . We can also choose an alternative verification method consisting in sending an electronic bank account statement from a PDF file. After positive verification, we should receive an individual loan offer.
A representative example of Warpase Finance for the total loan amount of PLN 1000, with the term of the contract is 30 days, annual nominal (fixed) interest 9.6%, total interest: PLN 7.90, total commission amount PLN 167, Actual Annual Interest Rate Rate (APR) 610.62%, total amount to be repaid by the Borrower: PLN 1174.90, total loan cost PLN 174.90.