NovaPay will change the terms of installment loans: new amounts and repayment dates.

NovaPay is changing the terms of installment loans

The company NovaPay offers new terms for its credit service to provide greater flexibility for customers. Now customers can receive an installment period from one to three years, with loan amounts ranging from 1,000 to 200,000 UAH.

The process of obtaining a loan is very simple. Customers will be able to quickly check their credit limit through the mobile app, and the installment application will take just a few minutes. Repayment will occur in equal monthly installments, with the option of automatic deductions to ensure customer convenience.

NovaPay stated: 'An attractive advantage is the low interest rate - only 0.00001% per annum. In case of early loan closure, a 3.5% fee is charged proportionally to the actual usage period of the funds, without additional overpayments.'

Statistics on service usage show that most men take out an installment plan through the mobile app - 56%. The most active user group is people aged 26 to 35, who make up 41% of the total number of customers.

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