How to get private loans online

Low commissions and secure platform

Low commissions and secure platform

The lending sector has been flooded with the enthusiasm of social lending platforms, so that almost constantly appear a few new platforms to rely on. Among these new entries we find Soisy, an entirely Italian company, which operates thanks to a regular authorization and under the supervision of the Banklly (as required by the law in Italy). Its solidity is determined by a respectable capital amounting to 1 million USD obtained with Smart & Start and 1.29 million USD collected from around 30 private investors.

Soisy is neither a bank nor a financial company, which is why it is not registered in the appropriate lists at Consob, as it does not lend money directly. Whoever relies on his platform can count on a secure and supervised controlled environment, with the prospect of meeting the demand or supply of other private individuals.

What does it offer?

What does it offer?

Soisy is a pure social lending platform (in the sense that it is 100% online and does not use brokers or other forms of collection of sums to be used to grant the loan), so it allows individuals to use its means, in order to choose whether to make loans, or to apply for funding. Those who choose Soisy aim to achieve higher returns than normal investments, or lower rates if they wish to receive financing.

Obviously we cannot speak a priori of the “ideal” interest rate offered and proposed, since this is determined on the basis of the reliability and security rating that will be attributed to those who enter the platform as a financed potential.

Deepening: How to get an online loan.

Rates, costs and commissions

As already mentioned, the rates are set according to specific parameters, so they are personalized, with the guarantee, on the card, of being able to find more convenient conditions compared to those that are proposed by the average of the banks and the financial companies.

To access the services, both funded and financed, you must register on the platform. In both cases the registration does not include costs, does not give rise to commitments, and above all does not expose the payment of monthly or annual fees. It does not apply reduced collection costs (now SDD), and does not apply management costs to the account opened personally to regulate payments or make investments.

Obviously he charges fees on investments. These are equal to:

  • 10% on the return that is perceived by investors ;
  • between 1 and 3% of the amounts disbursed as financing to the financed.

Minimum and maximum amount

Minimum and maximum amount

If you choose to register as an investor you can start playing the role of the lender starting from just 10 USD. Instead, if you want to apply for a loan, the sum must be between $ 250 and $ 15,000 (see also the online loan of $ 15,000).

The value of the Community

The value of the Community

The creator of Soisy wanted to take advantage of the structure of an activity that can be managed via the web, trying to create a type of organization different from normal reality.

For this reason a certain weight has been attributed both to the blog, but above all to the community where the comments are also used to try to improve the services. Among other things, the possibilities to apply are permanently open.