Title Loan Online -Assemblea.Org http://assemblea.org// Tue, 02 Jun 2020 00:48:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.6 Fast payday loans are getting quite popular online http://assemblea.org//fast-payday-loans-are-getting-quite-popular-online/ Tue, 02 Jun 2020 00:48:08 +0000 http://www.assemblea.org/fast-payday-loans-are-getting-quite-popular-online/

Today, people get one of the most convenient options available around due to the availability and advancement of these alternatives in much simpler manufacturing technologies. It can be difficult for most people to approach their friends or even their home in matters of funds.

There are many sites that you can find on the net

There are many sites that you can find on the net

It feels embarrassing to borrow from them, given that you don’t hear their refusal from them most specifically. But now, the net has huge alternatives where you can get the dollars you want to pay for urgent financial expenses that should be settled immediately.

Several lender sites are affiliated with various payday lending companies offering fast payday loans where the borrower can get the needed inside day dollars.

These sites for fast payday loans are really a lot and as a result, they make a competitive market that is really beneficial for the borrowers as they would be competing to offer you the best rates to their customers. Some fast payday loans are going to be more competitive than your application for a loan and as a result, you can really find the one that gives you the very best deal.

The highest market interest rates available to borrowers

The highest market interest rates available to borrowers

You will be able to go through several lender sites that will actually save you money and time and they will consistently supply using the highest market interest rates available to borrowers. Also, it is free to use the easiest and most convenient way to get instant cash. So, if you want cash payment for urgent expenses, then fast payday loans are options that you can just turn to.

For those people who are given inside scenarios, short term problems due to cash flow, and are desperate to have to get fast cash, they really want to have a top deal. There is no reported direct approach to a particular payday lender because you really don’t know if you are going to get the best price.

Most effective way

Most effective way

Basically the most effective way would be to get a lot of offers from several lending companies and compare rates to ensure that you will be able to get the most excellent deal offered by fast payday loans.

Whenever you want to find many fast payday loan providers online, just do an easy and fast search on the world wide web. You will be given a list of websites from lenders who are ready to give you a great deal on fast payday loans.

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Fast and Easy Online Personal Loan http://assemblea.org//fast-and-easy-online-personal-loan/ Tue, 11 Jun 2019 03:29:22 +0000 http://www.assemblea.org/fast-and-easy-online-personal-loan/

Online personal loan

Online personal loan

Online personal loan quick and easy, everyone should already be tired of reading articles and articles and more stories on how to put money online this way to pay your debts? But one thing we must not forget in order to get a “personal loan online”, the Lender has to be able to rely on you to lend the money, either online or directly at the counter.

It’s no use if you are looking for “fast and easy personal loan online online”, if you can not afford it, have the income compromised, have several consultations in the SPC and Serasa organs, have a name (dirty name) restriction, Sorry to report, but it’s practically impossible for you to have any chance.

The internet has become an essential tool for those interested in applying for personal loan, to solve personal or even family issues, the problem is that there are credit rules that need to be obeyed by the institutions.

But, who can get an easy personal online loan? Applying for this line of credit is the easiest way to get hired, especially for people who already have the ability to obtain who has access? Who has a bank account, who has credit cards, overdraft and workers and retirees who have access to payroll deductible loans.

Online Personal Bank Loans

Online Personal Bank Loans

On home banking websites are extremely easy to apply, in just a few minutes money is already available on checking account, as long as the contractor has preapproved their loan by the bank. It is clear that when available for request, two or three clicks to get the money automatically.

Online personal loan with credit card

Online personal loan with credit card

Approval is already preapproved, with only the contractor asking for the money on the site of the card administrator, the amounts for “online personal loan” are varied, usually the availability is between R $ 300 and R $ 10,000 thousand. The amount varies to + or depending on the economic profile of the applicant.

Online personal loan with check

Online personal loan with check

With the check is another story, it works in another way, in this operation it becomes obvious that the contractor needs to give his checks as collateral for the loan. Some financial institutions provide online forms for the insertion of their personal data, the financial analyzes the credit to verify the possibility of preapproval of a value within their margin of commitment, if approved, the financial sends a courier or the person goes to the credit shop of the creditor to complete the delivery of checks and signature of contract.

Online Personal Consignment Loan

Online Personal Consignment Loan

This is a case in point, there are dozens of brokerage firms that intermediates banks and lending institutions for lending on paper. The interested party contacts via form, agrees the terms of the loan consigned as: terms, values, interest rates etc., receives the contract via mail or email, signs the contract, the contract is sent to the lender approve and carry out the amount requested.

You can research information about “personal loan fast and easy online” for two or more days on the internet and, you will only find litany, the loan process is quite specific.

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Loan advertisement for easy loans and over-indebtedness http://assemblea.org//loan-advertisement-for-easy-loans-and-over-indebtedness/ Mon, 13 May 2019 03:05:35 +0000 http://www.assemblea.org/loan-advertisement-for-easy-loans-and-over-indebtedness/

Credit advertisement for easy loans and debt

Credit advertisement for easy loans and debt

Credit advertising for loans – We have seen a lot of advertising and advertising in various media, on TV and especially more social media trying to get involved with easy loans, personal credit without paperwork, guaranteed home financing, vehicles, digital accounts and credit card without consultation in name and other financial products usually only indicate to the consumer basic and superficial information, but this should change.

A manual on sustainable credit was prepared by the Brazilian Federation of Banks since 2014, but it does not seem to have the expected effect. Having credit is good, of course it is! Being able to contract long-term financing is also excellent, however, the ease of obtaining credit if used in an undisciplined or irresponsible way can bring serious problems to the citizen.

” We all know that the use of credit to obtain money or goods must be done in an orderly and planned manner, if done in excess, the financial losses generated are incalculable. ” The levels of indebtedness and over-indebtedness in Brazil are alarming. Since 2013 several renegotiation programs have been carried out by the protection agencies (Clean name of Serasa) to bring debtors closer to creditors to together find satisfactory solutions for both.

Credit advertising and easy loan

Credit advertising and easy loan

Thinking of minimizing this problem, the Brazilian Federation of Banks plans to make credit, loans and financing advertisements alert to the dangers of operation and over-indebtedness.

The main idea is for bank credit advertising to report through messages, the risks involved in taking credit in general with tips on conscious credit and similar methods.

You have already noticed that there is nothing original about the proposal, this type of alert we are already accustomed to see in the ads that involve alcoholic drinks, cigarettes and medicines. Each one that is made these campaigns but foments the market – is palliative.

Even a lot of loan advertisements I’ve seen on TV, for example, are not as aggressive, but on the streets of São Paulo, in the big capitals, and incredible even in the small interiors of cities, many financiers and credit institutions advertise credit ostensibly over the population, moreover, do not pass the information properly.

Handbook on credit and sustainable lending

Currently we can note that most private and state institutions are trying to improve the criteria to grant credit, when borrowing for example, the lines offered are appropriate to the type of customer profile, interest as well.

In addition to the concession theme, texts with standards on available information should be adequate for each type of request channel: agencies, internet, mobile, ATM etc.

The manual will provide extensive guidance on delinquency and early settlement. Questions about staff training and dissemination of channels for debt renegotiation will also be addressed.

It is worth remembering that this initiative of Febraban will not be the lifeline of the indebted or for those who are over-indebted, nor will it end this scenario that we are currently experiencing.

The problem of over-indebtedness is very complex and it will take a few years until the population is financially conscious to do the right thing with their own money.

Here in Brazil we have a very vague idea of ​​what the manual on sustainable credit will be, but in Portugal this theme has been part of the financial system for a long time. Let’s see what is included in the credit advertisements to Portuguese consumers.

In the advertising of financial products and services, in the context of consumer credit, financial institutions should:

# 1 – Indicate the Annual Effective Charge (APR), similar to ours (CET).

# 2 – Provide a representative example that includes at least:

  1. The total amount of credit.
  2. The repayment term.
  3. The nominal annual interest rate (in the case of flat rate).
  4. The index and the spread (in the case of variable rate).

# 3 – Calculation of the interest rate at least at the beginning of the credit advertisement and indicate the month to which it refers.

# 4 – In advertising announcing easy loans, financing or credit to consumers with fixed installments, indicate the value of said installment in detail and:

  • The repayment term from the beginning of the loan to the end.
  • The balance of the financing corresponding to the announced benefit.

# 5 – In advertising announcing loans, financing or credit to consumers with variable benefits over the loan, indicate:

  1. The amounts of benefits and the repayment term.
  2. The amount paid initially for the loan and the end.ando.
  3. The total balance of the loan, including interest and fees.

It is a well-known fact that credit advertising can influence people in the decision to hire interest-financed money, buy movable and durable goods, and obtain services.

It is also a fact that in many and many cases the citizen is driven by the consumption impulse by acquiring easy loans and credit without any need.

Conclusion : I believe that, in order to have effective consumer protection, there should be a regulated law that places the publicity of financing transactions, easy loans and credit in general, within the principles of lawfulness, veracity and respect for the rights of citizens who consume products and financial services.

You can add more on this subject, leave your comment, it will be very useful for our readers.

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3000 Euros Payday Loan http://assemblea.org//3000-euros-payday-loan/ http://assemblea.org//3000-euros-payday-loan/#respond Mon, 18 Mar 2019 15:30:16 +0000 http://www.assemblea.org/2019/03/18/3000-euros-payday-loan/

A 3000 Euro payday loan is a comparably low loan amount. For the consumer, this credit manageable, for the banks he is rather annoying, because a lot of money can not be earned. Nevertheless, most financial institutions offer this. If you want to get the best deals, you should use a loan calculator. This immediately determines the bank with the best conditions.

3000 euros for every purpose

3000 euros for every purpose

Although 3000 euros are not much as a loan amount, but so can already be made purchases or the next holiday trip to be financed. This small loan is not earmarked. The borrower is thus flexible. But also a 3000 euro loan wants to be repaid. Before you even get the idea to apply for a loan, you should set up a budget.

These should first include the fixed costs such as rent and electricity. Then you should think about how much you need for food, clothing and other things in the month. These costs are compared to revenues. Now it shows how much money is actually left. Accordingly, the monthly rate should be adjusted. If you can afford it, you should choose a higher rate, because the loan is paid off quickly and costs less interest. But it is also possible to accept a longer term with higher interest rates.

A comparison brings it to the point

Even with a 3000 Euro credit can save money. A credit comparison is therefore always worthwhile. It is important that the bank allows free special repayments. Not every credit institution does that. Many still charge for when a customer wants to pay off a loan early. With a credit comparison, this point can be clarified quickly and find a bank that waives these fees.

With a negative private credit comes the cancellation for a loan

Even if the customer thinks that 3000 Euros are not much, a credit request will be rejected if the credit rating is not good. To still get the money needed, the only way out through a foreign loan. These are limited to 3,500 euros anyway. The private credit does not matter anymore. However, a loan from abroad is only granted if the customer has a permanent job. The permanent residence must be in Germany. In addition, a net salary of € 1,100 is another requirement for a loan commitment from abroad.

Credit by private

Regardless of the private credit, a loan can also be applied for privately. Behind them are private individuals who lend their money. Under some circumstances, a 3,000 euro loan can also be realized despite a negative private credit. Ultimately, however, it depends on the type of negative entry, whether or not a credit comes about.

The portals on which a personal loan can be applied for are called Creditend and Moneyor. They have not been on the market for a long time, but they have already been able to satisfy some customers. Registration is free, as is the loan request. Whether with a good credit rating or not, there are prospects for success, even if the banks have already rejected a loan.

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Bed and Breakfast Loans, How to Request them http://assemblea.org//bed-and-breakfast-loans-how-to-request-them/ Thu, 14 Mar 2019 08:29:47 +0000 http://www.assemblea.org/bed-and-breakfast-loans-how-to-request-them/

In the last years the tourism sector has experienced a strong explosion of bed and breakfasts that have changed the way people travel and stay all over the world and Italy is certainly no exception. Thanks above all to the new digital means of communication, those who manage these small accommodation facilities in tourist places have seen exponential growth in the number of customers: but to start and manage the activities of these exercises, which can have up to 6 rooms and a number of beds not exceeding 12, it may be necessary to request funding to support the various expenses necessary to meet the different needs: this is all you need to know about bed and breakfast loans, the facilities provided and how to apply for the loans made available.

Non-repayable loans for bed and breakfast

Non-repayable loans for bed and breakfast

Who owns a bed and breakfast structure can apply for non-repayable loans, ie they do not oblige the beneficiary to return the sum received, which are made available by the local authorities through specifically dedicated calls. It is difficult to summarize the requirements and above all the coverage of these subsidized loans for bed and breakfast, since the variables change in the call for tenders, but for general lines it is possible to state that these funds are intended for the renovation of the buildings or for the purchase of specific equipment necessary for the activity of landlords.

The regional and provincial authorities are usually responsible for providing these loans for these tourist structures, so it is advisable to periodically consult the official dedicated websites to keep up-to-date with possible publication of tenders, but at times also make these funds available to international institutions. Obviously, the structures present in places with a strong tourist vocation are more easily facilitated, but there is no shortage of funds also dedicated to areas that need to revive the economy following a natural disaster, for example the places hit by an earthquake. Moreover, being in many cases fund-free loans, women’s businesses or those of young people who want to start up business have an advantage in accessing funds.

How to apply for funding

How to apply for funding

Addressing the issue of how to request loans for bed and breakfast requires necessarily having to take into account, whether they are loans or subsidized loans to normal companies proposed by a credit institution, the particular regulatory situation in which these structures operate. It is good to remember that in order to have an activity of landlords it is not necessary to be registered with the Chamber of Commerce and to open the VAT number as opposed to other ‘normal’ business activities: if on the one hand this can translate into an advantage in bureaucratic terms, eliminating the hassle of complex and often cumbersome ways in which the state machine is used to express itself, on the other hand, by not considering the legal system the bed and breakfast a normal business, the normal access to credit is denied unless you regularize the own situation so you have   the necessary requirements to apply for a non-repayable loan.

Requirements for non-repayable loans

Requirements for non-repayable loans

Once you have ascertained that you have regularized your position by going to the Chamber of Commerce, you can take advantage of the advantages of being able to apply for a non -repayable loan that can be made available through a call by the local reference body. What are the access requirements ? Fortunately nothing too complicated, generally once you find the call for proposals is sufficient to complete the application and attach a detailed business plan. Recall that in the case of applicants under the age of 35 it is possible to resort to the loan of honor, with 50% of the loan being disbursed and the other half repayable through a loan at a subsidized rate, with lower interest rates on average 30 percent compared to the rate in effect at the time of access to financing.

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Payday Loan: Reliable credit intermediaries http://assemblea.org//payday-loan-reliable-credit-intermediaries/ http://assemblea.org//payday-loan-reliable-credit-intermediaries/#respond Wed, 27 Feb 2019 09:44:28 +0000 http://www.assemblea.org/2019/02/27/payday-loan-reliable-credit-intermediaries/

Reliable credit intermediaries help loan seekers find a cheap loanTheir services are useful not only for low credit ratings but also for real estate financing. Before the contract is awarded, credit seekers check the seriousness and creditworthiness of service providers on the basis of a few criteria that are easy to assess.

How can reliable and reputable credit intermediaries be identified?

The most recognizable feature of serious and reliable credit intermediaries is that they do not charge upfront costs. They are entitled to a reasonable commission on success, which they usually charge the borrower. Only with the real estate financing the assumption of the switching costs by the bank is common. As soon as an intermediary already demands money to process the loan application, potential creditors turn away from him. It not only violates the statutory remuneration system, but also gives the impression of being more interested in collecting the pre-charge than in the credit intermediation. Reliable credit intermediaries, on the other hand, have a vested interest in doing successful business because they can not earn income without actual lending.

Reliable credit intermediaries are recognizable as such in their advertising. They do not give the impression of acting directly as a bank. In addition, they clearly indicate the costs associated with their successful service as well as the correct APR for the loan at the first contact. They do not claim that they are successful in one hundred percent of all cases. Correct, however, is the indication that through a broker, a loan is often possible, even if the financial institutions directly reject applications submitted by the loan seeker.

Another hallmark for reliable credit intermediaries is renouncing home visits. These are proposed by conditionally reputable service providers often at desired private creditfreien loans or imposed on the loan seeker and serve mainly to sell other financial products. Reliable and reputable mediators refrain from proposing a conversation in the applicant’s home. A home visit due to the express wish of an elderly or handicapped credit interested party does not stand in the way of a reliable and reliable credit brokerage.

This also applies to the brokerage of a real estate loan for purposes other than the actual real estate financing. If the property is intended as collateral for another purpose of lending, the home visit serves to verify its condition and saves the creditor the cost of an external valuation. The calculation of reasonable travel costs is allowed for authorized or explicitly requested by the customer home visits, but the employee’s labor costs are part of the business risk of the service provider.

Reputable and reliable credit intermediaries do not offer their clients any additional financial products that are inappropriate for them. This does not preclude the proposal for the conclusion of a rate protection insurance, which makes sense in many cases. They correctly reflect the insurance benefits included in the contract when communicating with their customers.

When is it advisable to hire a reliable credit intermediary?

In principle, anyone interested in a cheap loan can hire an intermediary. The service provider compares the loan offers from different banks and proposes a cheap installment loan matching the wishes of the client. Since consumers can easily carry out a credit comparison online themselves, aspiring borrowers with good creditworthiness rarely hire a credit intermediary.

With a weak private credit or with a small or strongly fluctuating income reliable credit intermediaries render valuable services. They often reach lending in cases where the financial institutions directly reject loans submitted by the client. The success of the service provider is based on its market knowledge and good contacts as well as on the demand sum that it bundles.

Interested in real estate loans, even with a good credit rating like to hire reliable and reputable credit intermediaries with the search for the cheapest loan. The main reason is that real estate loans are much more complex and therefore more difficult to compare than consumer loans. In addition, the bundled high demand for mortgage lending means that some banks and insurance companies grant more favorable conditions when applying via a service provider than with the direct borrowing by the homebuyer or home builder.

Reliable credit intermediaries respect the wishes of their clients regarding the structure of the loan agreement. A flexible repayment scheme is recommended. Although consumer loans, unlike real estate loans, can always be repaid prematurely at any time, banks can then charge prepayment interest. These prevent potential creditors by specifically instructing the service provider to broker a loan with the right to additional repayments without deduction of a prepayment penalty. Especially with weak creditworthiness even more important is the possibility of an occasional rate suspension, as this allows the proper repayment even with unexpected additional expenses.

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Short-term financial needs: How to get payday loan quickly http://assemblea.org//short-term-financial-needs-how-to-get-payday-loan-quickly/ http://assemblea.org//short-term-financial-needs-how-to-get-payday-loan-quickly/#respond Fri, 22 Feb 2019 03:37:07 +0000 http://www.assemblea.org/2019/02/22/short-term-financial-needs-how-to-get-payday-loan-quickly/

 

There are many cases where people are in urgent need of financial resources: for example, they have to do a car repair, replace a washing machine or pay an already incurred bill. If they can not handle the respective sum at the moment, they are dependent on debt financing. This term covers all variable and fixed loans from banks and other service providers.

What differentiates short-term financing from long-term

Advantages and disadvantages of checking accounts with direct banks

The main difference lies in the duration of the financing requirement : For a short-term loan, borrowers want to bridge a manageable period of a few days to a few months. They are sure that they will soon have the money and can repay the loan. The situation is different with long-term loans: they can only repay them with multiple installments. Many banks offer such ordinary installment credit from a term of one year. The height is not a characteristic differentiator, it depends on the individual conditions. For example, the one concludes a short-term loan of 5,000 euros, because he can repay him quickly because of a high income. The other has to borrow for 1,000 euros for a long-term loan because he can only raise low monthly installments.

The possibilities at a glance

It may be that consumers with short-term financial needs can borrow money from someone in the local community, and such a private loan belongs to the debt financing category. As a rule, especially with higher amounts, they will contact a bank or another service provider:

Banks: These establish a Sitcosition on the current account with sufficient creditworthiness. They rarely award short-term installment loans, which means too much administrative work for them.
Alternatives to the bank: Innovative online providers have discovered the market for short-term loans. They lend money for short periods of a few weeks.

Sitco or short-term payday loan

With the Sitco and the short-term payday loan, two types are available, their more detailed consideration is worthwhile: The Sitco acts as a credit line in the checking account, the customer can use flexibly. Interest charges only apply to the amount and duration of the account’s negative value. The interest calculation is made on a daily basis. Consumers can balance their account at any time, they do not have to pay any fixed rates. Such fixed installments they agree on a short-term loan, often only a final payment including interest. For the dispatching speaks the flexibility. However, there is a risk of indebtedness, because no timely repayment is required. He tempts to exhaust the credit line often or permanently. This is accompanied by considerable interest costs. With a short-term loan borrowers avoid this risk, and he also convinces with planning security.

Instant Credit: Fast Payout

Instant Credit: Fast Payout

Anyone who has decided in principle for a short-term payday loan and quickly needs money, should look specifically for instant loans. With these loans, the providers guarantee a quick check of the loan request and a prompt payment. The settlement takes place online. Interested people apply for a loan and receive an acceptance or a rejection from a good company within a few minutes. After checking the proof of income, the lenders trigger the payment, the whole process takes two to three working days for the best lenders.

Low interest costs for short-term financing

Low interest costs for short-term financing

Overall, it can be stated that consumers do not have to fear high interest payments for short-term debt financing. That’s because of the short time span. The interest costs depend not only on the amount of interest, but above all on the term. Nevertheless, consumers should compare interest rates to maximize the savings potential.

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Payday Loan: Does the Creditend Loan Comply with Current Offers? http://assemblea.org//payday-loan-does-the-creditend-loan-comply-with-current-offers/ Thu, 07 Feb 2019 08:57:59 +0000 http://www.assemblea.org/payday-loan-does-the-creditend-loan-comply-with-current-offers/

Payday Loan is an offer from Creditend. It is aimed at customers who need their credit very quickly. The application is online. The commitment takes place within a few moments. Immediately thereafter, the money comes to payout.

The loan amount and the installments can be chosen freely from the offer. The most important requirements include a minimum age of 18 years, a regular income as an employee or civil servant, and a positive credit rating.

The submission of documents is not required. The identity is checked by Video Ident. Self-employed persons, tradespeople and freelancers unfortunately can not apply for a Payday Loan.

The Advantages of Payday Loan

The Advantages of Payday Loan

With the Payday loan, customers opt for an instant loan . This can be applied for online via our loan calculator. There are no time limits. The application is possible around the clock. The advantage of this type of borrowing is the short time gap between borrowing and disbursement.

Terms of the payday loan

Terms of the payday loan

The total amount for the payday loan is made up of the loan amount and the interest. The interest rate is creditworthiness dependent. This means that customers who can demonstrate a very good or excellent credit rating, get a cheaper interest rate than customers with limited credit rating.

The offered interest rate is between 0.69% and 10.39% (as at 02.2019). The interest rate is set at the time of application and is valid for the entire duration. Further costs are not incurred. An example calculation should be carried out on the basis of the current credit conditions. This is based on an interest rate of 4.71%. This value is the interest rate that is granted on average to all customers.

  • Loan amount: 3000 EUR
  • Interest rate: 4.71%, fixed over the entire term
  • Duration: 36 months
  • Monthly rate: 89.52 EUR
  • Total amount: 3222.81 EUR
  • Cost of the loan: 222.81 EUR
  • Monthly costs: 6,19 EUR

Another calculation is to be carried out for the cheapest interest rate of 0,69%:

  • Loan amount: 3000 EUR
  • Interest rate: 0.69%, fixed over the entire term
  • Duration: 36 months
  • monthly rate: 84,22 EUR
  • Total amount: 3032.02 EUR
  • Cost of the loan: 32.02 EUR
  • Monthly costs: 0,89 EUR

The loan can also have a longer term or be repaid faster. The customer decides for himself what rates he wants to pay. This payment is based on the interest rate and thus the cost of the loan. As a general rule, shorter terms have lower interest rates than longer maturities.

Fast borrowing with little time

Fast borrowing with little time

The big advantage of the Payday Loan offer is the quick approval and the little time associated with borrowing. The customer can compare the offer directly on the Internet with the conditions of other banks and convince themselves that the interest rates are favorable. In addition, the customer saves the way to his house bank. A cumbersome submission of documents is eliminated, as well as a long wait for the credit decision. In less than fifteen minutes, the loan is approved and released for disbursement. This is particularly beneficial for customers looking for financing that is both short-term and cheap.

Special features of borrowing

Special features of borrowing

The loan2day is paid out to the customer for free use. This means that no collateral must be deposited. The customer need not provide proof of how he used the money. This is an advantage over other loans that are spent only for a specific purpose, such as a car. In the credit comparison with other banks the Payday Loan achieved a very good ranking. This is due to the favorable conditions offered to customers with good credit ratings.

Terms and payout amounts

Terms and payout amounts

The customer can choose before the start of the payday, which loan amount to take and how many months he wants to pay off the loan. The maturities are set by the lending bank between 12 and 84 months. The loan amount can be between € 1,000 and € 50,000.
It should be noted that the loan is only paid to a German bank account. Unfortunately, customers resident in Germany who use an EU bank as part of the banking unit within the European Union can not be taken into account when lending.

Also find out about other loan amounts:

  • 5000 euros credit
  • 10000 euros credit
  • 20000 euros credit
  • 30000 euros credit
  • 40000 euros credit
  • 50000 euros credit
  • 100000 euro credit

Examination of income and creditworthiness

Examination of income and creditworthiness

Thanks to digitization, it is possible to book the creditworthiness of the customer immediately after the application has been submitted. The necessary consent is given by the customer by setting an appropriate hook. Then the creditworthiness can be checked using the data stored at Private Credit and other credit bureaus.

In addition, it is necessary for the customer to provide information about their income and fixed monthly expenses. An examination of this information is done by digitally examining the income that regularly enters the salary account. The documents are uploaded via a secure server.

If all information is conclusive and if there is a positive credit rating, the desired amount can be paid immediately. For many banks, the money already enters the next business day on the account of the borrower. Thus, it is available at short notice and is very well suited for the quick need or for the short-term fulfillment of wishes.

The test of identity

The test of identity

An identity check is compulsory for new customers who borrow from a bank. At Payday Loan, the check is performed using the Video Ident procedure. The customer needs his identity card or passport. A telephone number of the financial institution is made available, a video call can be arranged with an employee of the bank.

The customer just needs the personal document a smartphone, a tablet or a laptop / PC with webcam. This webcam allows the identification of the customer. For this, both sides of the ID document are held in the camera. The employee of the bank checks the specified address and compares the passport photo on the ID card with the identity of the customer. A digital copy of the identity document will be made. If the identity check is successful, the loan can be released.

Digital signature for the loan application

Digital signature for the loan application

The rules state that a loan application must be signed by the customer by hand. Again, no need to go to a bank or post office on the Payday Loan. The loan application can be provided with a digital signature. For this, the customer uses a finger or a digital pen, which is moved via a smartphone or tablet. Such a signature may be recognized by the Bank.

Awards for the payday

Awards for the payday

EKomi, a portal through which customer reviews can be collected, has given Payday Loan very good ratings so far. The payday credits are considered reputable and can be completed by all customers who meet all of the above requirements.

Test results and ratings

Test results and ratings

The Payday Loan achieved good to very good ratings. So the offer on the portal Creditend got five out of five possible stars, whereby nearly 2,500 individual evaluations were taken as a basis.

In recognized tests, such as Stiftung Warenrest, or in studies by FOCUS Money we could not find any test results for Payday Loan. So far, the product seems to have not been included in the current tests.

Conclusion

Payday Loan is an offer for an instant loan, which convinces with particularly favorable interest rates and a quick and uncomplicated application. For the approval of the loan, no documents have to be submitted. It is also not necessary to speak to a bank in person, to print out documents or to carry out an identification of the person by post.

All proofs are provided immediately by digital means. This allows a credit decision within minutes and, if granted, an immediate payment to the checking account. In many cases, the loan amount has been credited to the applicant’s account within 24 hours and is available for free use.

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