Cash loan. Take cash in 15 minutes for any purpose

 

In the context of the economic crisis, most peoplefind it difficult to do without additional financial assistance, especially when an unplanned purchase or unexpected urgent expenses are ahead. No one is immune from damage to household appliances, moving or illness. Therefore, cash loans are in great demand, and many financial institutions are ready to provide them to the population.

Where can I get a cash loan ?

Where can I get a cash loan ?

Cash loans, depending on the organization, have different conditions, terms of repayment and interest rates. To take out a cash loan urgently, first of all you need to know the organizations where you can take cash on credit so that you do not waste time looking for it at the right time.

  • Bank loan. A large amount of cash loan can be obtained only here, but in such structures you should not count on an urgent loan, since the expectation of an answer usually takes more than a week. In addition, the decision will not always be positive.
  • In the MFI. To take a quick cash loan, you can contact microcredit companies, the main feature of which is the speed of processing applications and a high percentage of approved profiles. To quickly get a cash loan in 15 minutes, you should contact a similar organization.
  • At the pawnshop. Cash on credit is given only on the basis of collateral: precious jewelry, rare items, household appliances, tools, gadgets and more.
  • Private person. To get cash in credit, you can also contact a private lender, but such a transaction may be unsafe and entail problems with illegal collectors.

Cash loans for any purpose

Cash loans for any purpose

It is best to take a cash loan in the online lending service, which arranges a cash loan for any purpose:

  • Credit for cars, apartments;
  • Consumer loan for any purpose;
  • Money for treatment;
  • Payment of utilities.

How to apply for a cash loan?

How to apply for a cash loan?

To get a cash loan online on a card, you need to follow a simple algorithm of actions:

  • Go to the company’s website and log in using your mobile number;
  • Choose the required amount and maturity;
  • Fill out the form, indicating your details, passport number and identification code;
  • Bind a personal card of any bank ;
  • An online application is considered within 15 minutes, after which the manager will contact you;
  • Signing an electronic contract, for this you need to check the box “I agree to the terms”;
  • Money is instantly credited to the indicated card.

As you can see, getting an express cash loan on the day of treatment does not take much time and does not require any effort.

Who can get a cash loan ?

Who can get a cash loan ?

Unlike other lenders, who approve the receipt of funds only by working officially, with guarantors, with collateral, the lender provides cash loans even to those categories of people who are refused by others:

  • Unemployed;
  • Students;
  • Senior citizens;
  • Citizens over 18 years old;
  • Persons without income certificate.

As you can see from the list, in order to get a cash loan in two documents, the main requirement is to be an adult citizen .

Return Terms

All reporting on funds taken is in the user’s personal account, where the applicant has access at any time of the day or night. The process of paying off debt is as simple as applying for a loan. You can make a return in any convenient way of the three:

  • In self-service terminals, where you need to enter payment details manually;
  • At the box office of partner banks,
  • You can repay the loan around the clock through your account on the company’s website.

If you have any difficulties and you cannot pay on time:

  • There is a three-day grace period, not subject to fines;
  • The ability to request an extension (in case of disability, health problems, other troubles).

How to compare loans and choose the best one? Understand here!

After you think well and enough conclusion that you need to borrow, It is common to be in doubt about which modality to choose. After all loans of modalities for every taste in the market. How to compare loan to know which one the best option for your pocket Here’s how to do it:

 

Find out which loans you have you can take it

Find out which loans you have you can take it

Today, the main loans available on the market are payroll and personal loans. Within these two choices, there are several lines of credit that can be adopted.

The payroll loan

In most cases, people prefer to apply for payroll loans, since their annual interest rate is usually less. However, It is necessary to know why this happens: in fact, in the payroll loan, the installments automatically leave the pay stub of the person who borrowed money. So, there is little chance of not paying off life. For that reason, that customer considered less risky. However, for people who already living on a tight budget, being without a slice of their pay can be compromising. For that reason, A lot of planning is necessary when taking out a payroll loan, so that it does not harm your quality of life. Besides. It is important to know that not everyone can adhere to the payroll: only people with a fixed job and a formal contract, in addition to retirees and civil servants, have a preference for the modality.

 

The personal loan

The personal loan

Personal loans, in turn, are another good possibility of credit in the market. a greater diversity of rates, depending on the line of credit and the total amount required. For that reason, It is very important that the person who wishes to apply for a personal credit does extensive research on possible options and is scheduled to pay the installments of the loan on time.

 

Learn how to compare loans

Learn how to compare loans

When making this comparison, some measures must be taken. After making a survey of the main proposals for your need, the time to decide which one to choose. Read below the steps to be taken into consideration:

 

Make a comparison of the interest charged

The interest taken by financial institutions varies from agreement to agreement. That factor something that must be taken seriously when making your choice. In addition to the amount borrowed, need to keep in mind what the amount will be in the future the largest amount will be returned to the creditor. And who is responsible for that accrual of interest. The identification of those proposals that bring the lowest rates very significant, therefore, for your pocket.

 

Pay attention to other fees

Pay attention to other fees

In addition to the interest rate, do not forget to know what are the other amounts charged by the institution. To have a good overview of the proposal, ask the manager which one the total effective cost (CET) of that loan. This sum will include insurance and tax prices.

 

Don’t forget the payment method and installments to be assumed

It is essential to take into account the payment methods to close a loan agreement. This is because, like any other contract, these clauses must be respected; otherwise, the person’s name may be negated and they lose credit in the square. That is why, It is essential to have a real notion of which one your financial situation and how much money you will have available monthly to pay off your debt. Make a proposal to bank managers and close the deal only with that institution in which you are able to pay this debt effectively, without compromising a good part of your monthly income. Loans may not be the best solutions for your financial life, but they are necessary ideas in some situations. That is why you need to know how to choose it and ensure good planning so that you don’t get involved later.

Get a loan from the bank. Make an application and get money at banks

Each of us regularly encounters problems that require finance. It can be anything: both joyful events, and not so. Weddings, births, anniversaries, repairs, costly treatments, trials, and other problems that everyone faces. To solve such problems, a large amount is needed, which friends are unlikely to lend. Today, many citizens take loans from banks to deal with difficulties.

Bank loans for individuals

Bank loans for individuals

To get a loan from a bank is a rather complicated process, as each lender sets his own requirements for a borrower. The conditions for obtaining a loan at the bank also differ.

On our website, we have collected popular offers from banks that lend to individuals on the most favorable terms. These are proven organizations trusted by thousands of s and, if you need a large amount, contacting here will be a good option to resolve the money issue.

Before you take a cash loan from a bank, carefully read its rules and requirements, as well as what documents are needed to obtain it.

How to get a loan at the bank?

How to get a loan at the bank?

There are several options to get a loan from a bank :

  • In cash at the bank. A cash loan at a bank can be received in cash in full, but the waiting period for a response can take more than a week. The main feature is that they approve of such loans, as a rule to those who have an official stable income or guarantor, some oblige to make a deposit.
  • At the bank online. Some financial institutions issue loans in a bank online. You can apply from home or work. But this method applies only to small loans.
  • Get a credit card. The third way to get money is to get a bank loan on a card. This option seems practical for many users, but there are some nuances: the available limit is calculated relative to your income, so for each it will be different and may not meet expectations.

How to get a loan at the bank?

How to get a loan at the bank?

To take a loan at a bank at interest, you will need to take a certain series of actions:

  • The first visit to the office is a consultation with the manager regarding the conditions, goals, the procedure for providing funds and the list of necessary documents;
  • Write an application, fill out a form;
  • The second visit is to provide all the requested documents, salary data, various certificates, sometimes – guarantors and collateral;
  • When all the documents are collected, the manager submits them for consideration. In the meantime, the applicant is left to await a response. This may take several days, or maybe a couple of weeks;
  • If the requirements of the lender are fully satisfied, the applicant arrives at the office to sign the agreement of the parties and receive the funds.

As can be seen from the algorithm, you can take money on credit from a bank by following a number of conditions, which takes a decent amount of time. This option is not suitable for those who need material support urgently.

How to return the money taken at the bank?

There are several ways to repay a loan:

  • With the help of terminals or ATMs, the main thing is to use the ATM that does not require a commission;
  • At the register;
  • Put money on the card of this bank, if such an option is connected according to the agreement.

To avoid problems, you need to make payments according to the established schedule. If financial difficulties arise, you should immediately contact the employee and request a prolongation, confirming your position with a certificate (for example, illness or in connection with the loss of work).

Credit and insurance death, illness / accident, unemployment

When you take out a consumer credit, insurance coverage is required in case of problems. What exactly are we talking about? Which are mandatory and which are optional? Do the services differ from one bank to another or are they identical for all? From what time and for how long do the insurances take effect?

there are 3 insurance coverages:

  • Insurance in the event of death
  • Health and accident insurance
  • Unemployment insurance

 

Compulsory and optional insurance

credit loans

Obligatory death insurance

Death insurance is the only mandatory insurance. It is included in the interest rate.

 

Optional recommended insurance

We recommend that you also take out sickness / accident and unemployment insurance, especially if you have borrowed a large sum. If you decide to take the risk of not subscribing to any, make sure that with 30% less income, you are able to repay the monthly payments without affecting your vital needs.

 

Insurance in the event of death

In the event of death, the credit is completely canceled and the insurance company reimburses the bank for the entire amount lost. And if you are married or cohabiting, don’t worry, your relative will not have to refund anything!

Benefits linked to death insurance are regulated by the Consumer Credit Act and are therefore identical for all banks.

 

Health and accident insurance

credit loans

Differences between banks: the time of beginning of assistance

In what period of time does health and accident insurance intervene if you have a health problem that prevents you from working while you are repaying a credit?

First of all, the contract must have existed for at least 3 months.

Then the period from which the insurance will start varies from one bank to another. In general, the insurance takes effect from the 4th month after the onset of the health problem. To take the example of a separate case, the Best Bank (in French) will pay the monthly payments only starting from the 7th month.

Coverage can extend up to a maximum of 2 years, ie the statutory deadline. Then disability insurance comes into play.

 

Unemployment insurance

To be eligible for unemployment insurance, the contract must also have existed for more than 3 months.

Then insurance only comes into play if your situation meets the conditions for obtaining unemployment benefits, such as being fired and working full time for the previous 12 months.

Finally, the maximum coverage period is 2 years.

 

Differences between banks: the amounts repaid

Insurance in the event of death

Unemployment insurance from all banks reimburse all of the monthly installments, except the BCG which will reimburse only 50% of the monthly installment.

PS: the terms shown in this article are purely indicative.