Банкрейт
Банкрейт – незалежний маркетплейс фінансових продуктів України. Платформа для пошуку та вибору онлайн кредитів, МФО, банків, страхових компаній, криптобірж тощо.
Detailed review
Brief opinion
« Bankrate positions itself as an independent marketplace of financial products in Ukraine. The site offers a wide selection of loan offers from various MFIs and banks, but the clear focus is on microloans. The impression of the resource is rather ambiguous: on the one hand, a large selection, on the other — some offers raise questions about their profitability. »
Bankrate looks like a typical financial services aggregator with a focus on microloans. The main page is cluttered with numerous offers, which can confuse a beginner, but at the same time provides a wide selection for an experienced user.
The most striking thing is the range of interest rates: from relatively humane 0.01% per day to absolutely shocking 1.4% daily (equivalent to 50,000% per annum). Such conditions are clearly designed for desperate borrowers who are ready for anything for quick money.
It is worth noting that the site does not hide the real loan conditions — all the numbers are displayed in the description. However, the lack of reviews and ratings from real customers reduces the level of trust in the platform. Also missing is a calculator to calculate the total cost of the loan, including all fees.
What the site offers
The platform provides the ability to compare and choose online loans, deposits, bank cards and insurance services. The main focus is on loans: from microloans of 100 UAH to long-term loans of 100,000 UAH. Each offer is accompanied by detailed terms: amount, term, interest rates.
Best suited for
The resource is aimed at a wide range of users who are looking for quick access to credit funds. These can be students or pensioners, as well as businessmen who need short-term financial injections. Especially relevant for those who have problems with credit history or need money «before salary».
Strengths
- A large selection of loan offers from various MFIs
- Detailed terms for each loan (including hidden fees)
- Convenient filters for sorting by amount, term and other parameters
Potential weaknesses
- Some offers have very high annual rates (up to 90,000% in some cases)
- Lack of reviews from real customers for most offers
- Non-obvious mechanism for comparing loans