The MoneyRyan brand – a company that operates in as many as eight countries around the world. On the Polish loan market, the company appeared in 2016, providing clients with both short-term payday loans and loans with repayment option in installments.
In order to check what the MoneyRyan offer stands out from other proposals, we compared the terms of the loan offered by this brand with other entities appearing in our ranking. We also checked whether customers using MoneyRyan services can feel safe. See what advantages and disadvantages MoneyRyan revealed our analysis.
Is lending at MoneyRyan safe?
Although MoneyRyan is still a young loan brand, it has already earned the trust of specialists in the industry. This can be confirmed by the title of “Responsible Lender” granted by Loan Magazine. What’s more, the MoneyRyan brand is also a member of the Polish Union of Loan Institutions and the Conference of Financial Enterprises. All these elements make the customer using MoneyRyan services feel completely safe.
The advantages of a MoneyRyan loan
When analyzing the MoneyRyan offer, we took into account elements that are important from the point of view of the future borrower, such as, for example, the loan amount, commitment costs or general requirements for the borrowers. Comparing the offer of this lender with other offers available on the market, we decided to indicate both the strengths of MoneyRyan and the areas in which they need improvement. Here they are:
The benefits of a payday loan from BridgePayday
- The high amount of the first loan – a new MoneyRyan client can borrow up to PLN 2,500.
- Free payday for new customers – a person who has not previously used MoneyRyan services can borrow up to PLN 1,500 free.
- Long lending period – a new customer can spread the loan repayment for two months and have a fixed period of up to seven months.
- High limit for regular customers – the maximum loan amount for regular customers amounts to PLN 7,000.
- Possibility to repay the loan in installments – the return of the liability takes place on equal monthly installments.
- Quick loan decision – the money can reach the customer’s account in a few minutes.
- Short registration form – the registration form (which is also part of the loan application) contains only questions about the basic personal and financial data of the client.
- No need to provide additional documents – in the case of a MoneyRyan booking, you do not need to have any documents confirming your income.