What distinguishes a small loan with immediate payment of other loans?

First and foremost, it is the amount of loan that distinguishes a microcredit from other installment loans. This starts already at 100 euros. The maximum amount for which one speaks of a small auto loan is 3,000 euros. But there is another distinguishing feature: the duration. For amounts up to 600 euros, there is no 12-month term. This loan must normally be repaid within 60 days at the latest.

When speaking of a small payday loan with immediate payment, this means that a payout under certain conditions is possible on the same day, but at the latest within 24 hours. Not every financial institution offers an immediate payment. The normal waiting period from loan application to disbursement is usually up to five days for an online loan.

The process of a small loan with immediate payment

Such a loan is requested exclusively over the Internet, as most branch banks do not have a microcredit in their portfolio. If a corresponding provider is found, the loan application can be made online immediately. Even during the application, the creditworthiness of the person seeking credit will be checked. The new customer is verified via the new Video Ident procedure. The applicant can identify himself directly in front of the home PC. At the other end of the line sits a co-worker who checks the data from the ID card or passport. This requires a webcam and video software, such as Skype. This new procedure replaces the old Post-Ident. After a successful check, the booked money will be transferred as soon as the customer has printed out the loan agreement and signed it back to the bank. The process should be completed by 1.00 pm, in the latest case by 3.00 pm, so that the money arrives on the same day. This new process significantly shortens the processing time for a loan. The queuing in the queue at the post office counter falls away. Within a few minutes, the customer has identified himself on the home computer and confirmed the identity. In other ways, a flash transfer or express transfer would not be possible. The queuing in the queue at the post office counter falls away. Within a few minutes, the customer has identified himself on the home computer and confirmed the identity. In other ways, a flash transfer or express transfer would not be possible. The queuing in the queue at the post office counter falls away. Within a few minutes, the customer has identified himself on the home computer and confirmed the identity. In other ways, a flash transfer or express transfer would not be possible.

What requirements do the borrowers have to bring?

In addition to the technical requirements already mentioned, borrowers must meet other requirements. A permanent employment relationship should exist. Unlike installment loans, customers may also be self-employed or self-employed. As proof of professional activity, the last proof of income and the last bank statements must be sent to the bank.

How much does a small loan with immediate payment cost?

This can not be answered flat rate, because the costs vary depending on the provider and the loan amount. Interest is due and an extra service also costs money. This includes, for example, the lightning transfer. The exact costs are to be seen on the respective side of the offerer.

Credit with payment within 24 hours – what to pay attention to?

The loan application and submission should be made by 1 pm Otherwise, a payout on the same day is no longer guaranteed. Anyone who makes his loan application on the weekend receives the money at the earliest on Mondays because the banks are not working on the weekend. In addition, the company must also offer appropriate lightning transfers.

2018-08-03T10:55:22+00:00