Archive April 2019

How to get a loan online without certification

If you are officially employed full-time, it is usually easy to get a car loan or a loan for a flat or a rest. But what if you work in black or have a different type of employment? Or what should you do if you are unemployed? This question concerns many of our clients. In this article, we will try to answer bothering questions, having experience in lending to hundreds of thousands of Fast Cash customers.

What do you have to do to get a loan to your account?

What do you have to do to get a loan to your account?

To become a Quick Cash borrower, you must have:

  • Identity card (age from 18);
  • Social Security;
  • Private bank account;
  • Active phone number and e-mail address.

If you are able to meet all these conditions – congratulations, you almost have a loan!

That’s all? Only thanks to this information will I be able to get a loan to my account without any certificates?

That

In addition to the data we receive, we also calculate the creditworthiness of each client. This is your credit history, data from the completed application, bank accounts, as well as information about your earnings.

How can I get a loan without a proof of income if I work in black or am unemployed?

How can I get a loan without a proof of income if I work in black or am unemployed?

In this case, we may consider other funds that affect your account. You must provide a bank statement or other official confirmation that you are actually receiving funds on your account. This may be a court order to pay maintenance or a rental agreement for the flat where you are listed as the owner. All these documents are manually checked by our verifiers.

If I do not get maintenance and rent a flat, what other income can help me get a quick loan online?

If I do not get maintenance and rent a flat, what other income can help me get a quick loan online?

Any earnings may be included. In addition to earnings, it can be:

  • Pension
  • Scholarship
  • Social benefits
  • Receivables due to copyrights
  • Dividends if you are a shareholder in a legal entity
  • Stable insurance payments
  • Percentage on bank deposits

Having other income also has a positive effect on the decision to grant a loan. Each application is processed separately and we check it manually, and any earnings can play a big role in obtaining an online loan. In any case, if you have a monthly income, you must document it!

 

Does it affect the ownership of a property or car to receive an online loan?

Does it affect the ownership of a property or car to receive an online loan?

Having a flat or a car has no effect on getting a loan if you do not get any income from it, for example, income from renting a property or working with a courier or driver with your own car, etc.

Does this mean that I will not be able to get a loan without a statement of income?

Does this mean that I will not be able to get a loan without a statement of income?

Without officially confirmed documents you still have a chance to get a loan. There are two important factors.

1. Credit history: if you often take out loans (not necessarily in Quick Cash) and repay them on time, we can automatically issue you a loan without checking the documents.

2. Scoring – automatic customer solvency checking. Thousands of factors count in the process of analysis: age, marital status, report, and financial stability. Getting a loan depends even on whether you have an account on social networks! What is the scoring in Quick Cash and how they check clients – read this article.

Get a quick loan without a refusal: the borrower’s advice

Get a quick loan without a refusal: the borrower

Are you with us for the first time? We’ll give you some tips on how to increase your chances of getting a quick online loan.

1. Increase your credit rating. There are several ways that we described in our last article.

2. Provide real information. It is not worth deliberately giving incorrect data in the form, it is easy to check whether you deliberately increased the amount of earnings or hid something else.

3. Complete the form carefully. Pay special attention to this moment. Literally an error in the apartment number may be the reason for refusing to obtain a loan via the Internet.

4. Always be on the phone. When registering and submitting the application, it is necessary to provide a valid phone number and e-mail address so that our employees can contact you if necessary. If you do not answer the call 2 or ignore the letter – it can be picked up as a resignation from the loan application.

5. Take a small amount for a short period. Thanks to this, you will increase your chances of faster acceptance of the online loan.

If you have any questions – ask them in a comment and we will answer them in the next article! Remember that for new customers, the first loan is free!

Payday loan help debt consolidation -Read what our customers say about us

Can you create an objective ranking of consolidation loans? No. This is not possible because too many factors, apart from the general loan proposal, affect the credit offer we receive in the bank.

Payday advance consolidation: Read what our customers say about us and much more

Using a payday advance consolidation at our homepage, you can combine your payday loans one loan.

Consolidation of liabilities is an effective way to reduce the budget burden resulting from the repayment of several loans or credits. A consolidation loan is also a smaller loan installment, which is achieved by extending the loan period (however, it increases the total cost of the loan) or through a lower interest rate. A consolidation loan is therefore only one loan, and thus only one (usually lower) installment. In addition, under the loan, you can get extra cash.

A subjective ranking of consolidation loans

Why is this ranking of consolidation loans not possible to be created? Everyone who creates such a credit ranking accepts certain general parameters.

It can be, for example, a consolidation loan for € 25,000, which is taken out for five years. An example of a borrower is single, he lives in a medium-sized city, employed on the basis of a contract of employment. His salary is approx. € 4,000 net (on hand). He does not receive additional income. He does not pay any additional obligations.

Then we send inquiries to a dozen banks, and these prepare a general proposal, trying to present the loan proposal as best as possible. And based on the information obtained, we create a ranking of consolidation loans.

But to how many people are looking for a loan, do the above parameters apply? It may turn out for anyone. But that’s nothing because you can write on the website that this is THE LATEST RANKING OF 2019 CONSOLIDATION CREDITS.

But it is not everything. Such a ranking can be determined in such a way that the bank, even with the least attractive loan offer, can be found on the No. 1 place. All you have to do is select the appropriate parameters… In this way, the so-called Sponsored rankings, and the reader has no idea about it…

The last thing to pay attention to, and which is not taken into account when creating such rankings, is the assessment of the client’s creditworthiness and creditworthiness. And such a scoring assessment has a decisive bearing on what credit offer the bank will present to us.

Comparison of consolidation loans

Comparison of consolidation loans

How to choose a cheap consolidation loan and create your own ranking of consolidation loans yourself?

When choosing a credit offer, we should pay attention to:

  • What loans and loans are subject to consolidation in a given bank. Is mortgage consolidation possible?
  • On the interest rate, commission and additional fees related to the loan.
  • Possible additional benefits, eg: the possibility of taking advantage of credit holidays or additional funds as part of consolidation for any purpose, eg repayment of non-bank liabilities in loan companies.
  • Loan repayment period – longer repayment period, less installment, but a more expensive loan (more interest on the loan to pay).
  • How are the issues related to the repayment of the existing financial obligations implemented?
  • Who covers (the customer or the bank) the costs of fees for early repayment of loans and advances submitted for consolidation (if such fees occur).
  • Does the bank require the provision of collateral for the repayment of the consolidation loan?

The cheapest consolidation loans are not the lowest nominal interest rate but low APRC – annual real interest rate. The APRC represents the total cost of the loan in percentage terms per annum.

It is enough to compare just 2-3 credit offers, create your own credit ranking and choose a favorable consolidation loan.