Cash loan without installment income certificates via the Internet
Many people have to help themselves today with loans or credits. Insofar as the borrower can afford a bank loan, he takes advantage of this opportunity, because the money is borrowed there at a lower percentage than it has places in non-bank financial institutions. The downside in this case is the fact that applications are usually processed longer and customers must be able to credit. The most popular banking product is a cash loan, which also has the highest interest rate among the liabilities offered by the bank. However, cash loans without certificates from a non-bank company are more popular. What characterizes him?
What is a cash loan without installment certificates?
Cash loan without certificates is the most popular product offered by non-bank companies. These are generally not as restrictive as in the case of banks. Most of them do not check their clients in the Credit Information Bureau, they also grant loans to indebted persons who may dream of a bank loan.
This does not mean, however, that anyone in need can apply for a cash loan without certificates. None of these things. You need income for this, though it doesn’t have to be an employment contract. Non-bank companies are more flexible than banks and positively assess almost every source of income, including disability pensions and income from a specific work contract.
Such income does not have to be documented by a certificate from the employer. Hence its name – ” without certificates “. However, the borrower makes a statement about the amount of income and its source. To confirm this information, you may also need a document, i.e. a screen or bank statement, which will document the receipts. Thanks to this, the entire procedure of applying for such a cash loan is still simplified. Especially since everything is done here via the Internet.
Who can apply for a cash loan without online certification?
This question was partly answered in the previous paragraph. So these are loans for people who have some source of income, although it doesn’t have to be an employment contract. In addition, loan companies grant such loans to adults. Sometimes they must be at least 21 years old, although a lot depends on the conditions imposed on the borrowers by the financial company. You also need a telephone and a bank account. The borrower must provide his bank account number, as funds borrowed from him will be transferred to this number. If he does not have a bank account, he will not complete all the formalities online, and after paying the loan he will have to go to the borrower’s outlets, which are not as numerous as it may seem.
New are special devices of loan companies, which look like ATMs. These are automatic points where you can take out a loan in a parabank, after providing personal ID details and a phone number. After verification of the loan application and its acceptance, the borrower may withdraw funds from such a device. Vivus has chosen such machines, among others. Unfortunately, these are still very rare machines, which were located only in the places visited in large cities, e.g. in shopping malls.
Can a cash loan be paid in installments?
Cash loans without certificates are often equated with payday loans. These short-term loans have to be repaid within 30 or 60 days, unless the borrower decides to extend them. If a customer of a loan company borrows several hundred zlotys, this is not a problem. This one appears if the amount is several thousand zlotys to be repaid. Logically, then it is an installment loan. There are currently many loan companies on the market that offer such financial products online. Such a loan is then similar to a loan taken from a bank.
Cash loans without certificates concluded via the Internet, so it is quite an interesting solution. Ideal for people who cannot or do not want to apply for it at the bank. This can be caused by a negative credit history, debt, too long verification time of the loan application or a multitude of formalities that a bank client must break through. In non-bank financial companies this looks quite different. There are few formalities and even indebted persons who have been entered into the register of debtors can apply for a loan. As for traditional banks, people who have paid off their debts are still not reliable customers, often only a non-bank financial institution holds out a helping hand.
Of course, the decision to take a loan must always be carefully thought out and planned. All this so that the loan does not overwhelm the borrower and does not disturb his home budget.
If there are no unplanned expenses, it is often worth waiting a bit with the decision on a cash loan. Especially since there are periods of the year when financial companies meet clients by preparing promotional loan offers. Many of them appear before Christmas, when the shopping spree engulfs us. The second favorable term is holidays, when many families dream about going for a long-awaited vacation for a few days.