On some occasions, people tend to be in difficult economic situations. Perhaps, they were thrown out of their jobs and were left with many accounts for payments and debts. Without a fixed income to deal with all these debts, they are forced to seek personal loans online. However, in the vast majority of cases your applications are rejected because you do not have an income.
Do you think it is possible to contract loans without income or collateral? Well it is. Today there are a lot of financial institutions that give this type of credit. If you are one of those who are looking for them, here we will tell you some important things about them.
Loans without income
The truth is that people who are looking for loans are usually required a series of requirements such as: having a constant monthly income, not being unemployed, not having a history of non-payment of any kind, not being in the Asnef file, not about spend a certain amount, and a series of additional conditions that makes it almost impossible to get the loan.
But, we have good news! Currently, they can apply for loans without income, since this financing is granted even if the individual does not work or simply does not have the possibility to justify the money he receives regularly. In addition, loans of good amounts are granted with which any situation can really be resolved, they can be found from 6,000 euros onwards.
Some companies that work online provide loans without income without harming or generating another problem for the person who wishes to be benefited. We say this because the financial institutions that give loans without income commit themselves with the potential clients not to carry out any type of research about their credit history, nor will they ask questions about how the borrowed money will be used.
Payments will be made in comfortable installments and the applicant must only leave a home as guarantee. Payment will be made in installments that are designed not to drown customers financially, adapting to their needs and economic capabilities
At the time of repayment of the amount of money granted in the loans without income , these financial institutions propose to the client several payment options that fit their reality giving them the possibility of paying small fees for a minimum period of 1 year and a maximum of 15 years, if it is more convenient in this way.
A financial institution that offers the loan service without truthful means that they grant loans without requesting the truthful report. That is, these entities grant financing without requesting the applicant’s credit history with other banking agencies.
The main advantage of non-truthful loans is the ease of obtaining cash they have. It is not necessary to undergo long procedures and that is the best. Another benefit is that through truthful loans, you have absolute freedom to use the requested money.
Truthful loans are the best option for those individuals who require cash capital and are faced with the circumstance of not being able to obtain a conventional credit because they have a bad credit history.
Loans without collateral
Loans without collateral are financial credit operations through which financing is given to a natural or legal person, without the need for any additional guarantee provided by third parties or real property.
Before the economic crisis, there were several banks and financial institutions in general, which granted loans without collateral. However, this reality has changed. Today, this concession is practically impossible without a guarantee.
As a consequence of this, new alternatives have been born that are gaining strength in the financial market every day, especially through the Internet. Many of them grant loans without collateral to their clients.
Credits without endorsement
To obtain credits without collateral it is necessary to meet a series of requirements. These are the ones that online lenders always demand: have a valid identity document, be of legal age, be resident in the country in which the lender operates and have a bank account.
If you meet these requirements and conditions, you should not worry because your credits without collateral are rejected.