Health and beauty loan
The health and beauty loan is intended to cover unexpected and significant medical and beauty expenses. For example, it can be used for such procedures as dental treatment, laser eye surgery or plastic surgery.
Advantages of the MONEYZEN health and beauty loan
The interest rate of the MONEYZEN health and beauty loan is determined by an automatic low bidding process among investors and can be therefore more favourable than similar offers from competitors.
We offer unsecured health and beauty loan of up to 10 000 € for up to 3 years.
TYPICAL LOAN EXAMPLE
Borrowing 1 000 € for 2 years at a fixed annual interest rate of 21,52% and a monthly payment of 54,64 €, the annual percentage rate is 36,91%. The total amount to be repaid over the entire duration of the loan is 1 350,38 €, of which 239,38 € is interest payments, 72 € loan management fee, 30 € contract fee and 9 € ZenFund payment. The contract fee and the ZenFund payment are payable immediately after the disbursement of the loan. The loan will cost 350,38 € over two years. The conditions offered to you depend on your individual situation, with a maximum annual percentage rate of 45,93%. Be sure to read the loan guide and the general conditions and, if necessary, ask an expert for advice.
Who can apply?
MONEYZEN allows Estonian residents aged 18-73 years old to take out a loan if they have at least 450 € of official monthly income in their bank account.
We offer easy and fast unsecured loans from 500 € to 10 000 € with repayment periods from 3 months to 3 years.
In case you need help to repay a high interest SMS loan or a quick loan, apply for a consumer loan on the MONEYZEN platform. Based on the loan application submitted, MONEYZEN will tailor a personalised loan offer just for you, based on the investors’ offers.
Suggestions before applying for a loan
Compared to quick loan, the consumer loan is usually characterised by a longer period and thorough application process. Banks may also offer consumer loans provided additional collateral is available. Consumer loan is a financial obligation that must be repaid. Consider the loan terms carefully. As a result of loan repayment default your loan debt might increase due to reminder fees and other costs associated with the debt collection process.
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Think throughConsider carefully if you really need a loan and in which amount. If you are able to save the necessary amount monthly, you can avoid loan costs.
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Compare offersInvestigate and compare the terms of several loan providers. So you can pick the best offer available. Remember to pay attention to the loan interest rate, annual percentage rate (APR) and what is the total repayment amount of the loan.
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Amount of incomeAll your loan repayments should not exceed 33 percent of your total monthly income. This will enable you to continue repayments during a short period of unemployment, sick leave or after an accident.
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Additional termsMake sure that you have considered all additional terms and costs. Remember to examine all the loan terms and conditions written in small letters. Consult an expert if necessary to avoid additional obligations.