Revolut with a new app. It will help you organize your finances
Revolut has informed its customers about the new product. In the credits tab, in the application, you can already find the new product.
Revolut is expanding its credit offer, targeting customers of Polish banks. For now, only loans taken out in Polish złoty can be refinanced with a consolidation loan. The introduction of a new product may become a salvation for people who are indebted to other institutions and are lost in the thicket of an opaque structure.
Revolut Consolidation Loan
This is a product that allows you to combine various financial obligations into one whole. In the case of Revolut Bank, customers can consolidate consumer loans taken out in other banks (but with Polish currency). Interestingly, the consolidation announcement may also include additional funds. This may be an attractive option for those who need additional cash. All formalities can be completed using the application, which is very convenient. A visit to the bank is unnecessary.
Revolut credit is a way to organize your finances – one installment, instead of many. Which can result in better management of your finances.
Of course, Revolut is not the first bank to offer this type of consolidation loan. In the offers currently on the market, you can practically choose as much as you want. They are offered by: Bank Pekao, Santander, PKO BP. However, Revolut, aspiring to become the bank of first choice for Poles, must also offer such things to its customers.
Similarly to other banks, the maximum refinancing amount is PLN 150,000. Information about loans that can be refinanced appears automatically on the phone screen. The customer can select which of the liabilities he would like to consolidate and immediately sees how much the monthly installment will be. The interest rate starts at 7.99% and all conditions are described in detail in the application. Importantly, the customer is subject to a credit assessment, which means that Revolut may refuse this offer to some people.
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