Available Borrowing Options
All in all, there are 5 borrowing options located in the LoanBuilder, which are conveniently available to all platform users:
1 Credit Line
Due to the main advantages of credit lines — flexibility, interest-free grace period, automated use and attractive annual interest rate, — they are in high demand among many borrowers. 0% interest rate during 45 days, 2 years’ lifecycle, BitGo security and Fully automated credit line limit adjustment.
2 Loan Wizard
Loan Wizard lets you get a loan in a matter of a few minutes. 4 easy steps and you already have your loan to cover any expenses!
3 Loan Pool
Here borrowers can find standard Loan Offers automatically generated by the system. Simply tap the “Get Loan” button and receive your loan.
4 Loan Request
If you are willing to submit your own loan request with terms and conditions specified exclusively by you, simply Make a Loan Request. You are the one to decide on loan conditions.
5 Loan Offer
Last but not least is Accept Loan Offers. You have an excellent opportunity to set filters, browse and choose any Loan Request placed by qualified lenders. It is incredibly easy and fast!
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