Requesting credits instantly is becoming easier every day. When you need money urgently, it is no longer necessary for you to transfer to a bank and request the money from the bank director. Currently, just click a few clicks to access the financing you need quickly and safely.
Internet has brought many advantages to our lives, and one of them is the request for financing without moving from home. However, there are still people who do not know the characteristics that define this type of financing obtained online . Next, you will see the most relevant information about this type of loans.
Characteristics of the credits instantly
A quick credit, or credit instantly, is a loan that is requested and obtained online. It is not necessary to leave the house to get it, and this makes it very comfortable. Let’s see what are the main characteristics of this type of loans.
These loans have been designed mostly to deal with economic contingencies or situations that can not be faced at the time they are presented. It is important to understand this point, since in this way you can easily understand why they have these striking features.
Application and fast management
Requesting a quick loan is, as its name suggests, very fast. In fact, you can have the money in your bank account in a few minutes since you made the decision to request it. In most cases, it will not take more than 5 minutes to complete your request. And, if your bank account matches any of the entities with which the lender works, you can have the money entered into your account immediately. Therefore, they become the perfect ally for times of pressing need for cash.
Another one of the great advantages of these quick credits is that they are very accessible. This means that practically anyone, with a regular and demonstrable income, can access this type of financing. Some of the most common requirements that you can find in this type of financing are the following:
- Be a resident in Spain, with a valid and current identity document, either DNI or NIE.
- Be of age. Although in many companies it is necessary that you have a higher minimum age: 21 or 25 years is the most common.
- Enjoy a demonstrable and regular source of income that guarantees that you can repay the loan on the stipulated date.
- Have a bank account in your name where the lender can make the loan transfer.
Broadly speaking, these are the requirements that most companies usually have. It will also be necessary in many cases that you have a mobile phone or an email where the entity can get in touch with you.
No payroll or endorsement
Most loans do not instantly require the user to have a payroll. In fact, virtually any type of income that meets the conditions of being demonstrable and regular is valid. Therefore, in many cases, an unemployment benefit or a pension may be sufficient for the loan to be approved.
On the other hand, there remained those years in which it was essential to have a guarantee to apply for a loan. More and more companies offer financing without the need for a guarantor.
Financing even if you are at ASNEF
One of the greatest advantages of this type of loans is that, on occasion, they accept users who are on delinquent lists. Something unthinkable a few years ago: that someone in ASNEF could access financing; It is a reality in our days. Although it is true that not all companies have this feature, if you are in ASNEF you will have a wide range of companies to choose from to apply for financing.
Credit terms and costs instantly
Most of the quick credits have been thought to solve an unforeseen economic situation that you can not face because you do not have the necessary cash. Speaking in familiar terms, we can compare a quick credit with an advance payment. Therefore, the amounts that are usually offered in these types of services are not very high. In general, they do not exceed € 1,000, although it is true that there are companies that do exceed them.
For this reason, it is logical that the term of return of these credits be short. Being a kind of advance, fast loans usually offer a maximum period of 30 days to make the repayment of the loan. In addition, they have the peculiarity that they are normally paid in a single payment of 100% of the amount.
The costs of these loans tend to increase each day that the user has the money. Therefore, if you are looking for a loan as cheap as possible, you should choose a reasonable term as short as possible. As a general rule, the costs of loans are usually around 1% per day. This means that a loan of € 100 to be repaid in 30 days will cost approximately € 30. However, if you request it for 7 days, you will save a good amount, since you can have costs of approximately € 7.
The safest loans
Although in the past many people distrusted this type of financing, more and more people realize that it is a secure financing. Of course, it is necessary to verify that the company to which you are requesting the money has good reviews from other users. However, there are more and more serious and secure companies in this sector, which makes it easier every day to decide which company is the best one to apply for your loan.
For all these reasons, if you are looking for financing, the credits can instantly be an excellent option for you. Solving an unforeseen event such as a breakdown or a last-minute mishap can be very urgent and having the money to cope can sometimes be of vital importance.