HopRata is an online lender offering consumer cash loans that are applied for and managed entirely over the internet. It serves people who need extra funds without visiting a branch.
Product: instalment loans paid out to a bank account after online identity verification.
Repayment: fixed instalments spread over several months, with the schedule shown before signing.
For whom: individuals looking for a quick, remote way to cover an unexpected expense.
How it works: online application, remote verification and payout by bank transfer.