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Online loans are financial assistance issued by online financial institutions. Usually, loan applications are made through the financial institution's application. The presence of online loans makes the loan process more practical and fast and does not require much effort.

Online loans themselves are one proof of the progress of financial technology. Prospective customers simply fill out the form online as well as carry out the verification process, then apply for credit according to the amount of funds needed. The customer will receive a loan after the disbursement or approval process.

The term tenor is also commonly known in online loans. The tenor is the period for repaying the installments until maturity. There are two types of tenors based on their duration, namely short tenors and long tenors.

Disclaimer:

Pretty Quick Tip Loan Funds is a guide, and has nothing to do with the original application. we never advise you to deposit money into any application. Make sure you know all the risks.