Borrow money from private lenders California

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

    What is a private loan?

     A loan directly from an individual or a financial company, which is issued against receipt or under a standard agreement. In today's world, fewer and fewer borrowers apply for loans from banks.

    A loan from a private person can be obtained without a certificate of income (and in the modern world, where most people work either unofficially or at the minimum rate, this is an important criterion), without documents on good conduct and family composition, without resorting to the help of guarantors. You can borrow money from a private person, even if the borrower is recognized as unreliable in the banking system.