Steps to request a quick payday loan
Easy and fast steps on requesting payday loan
For this it will be necessary:
- Calculate the money that is needed exactly. While it is a temptation to have more money than is needed at any given time, it must also be borne in mind that this money must be returned. When the amount is small, it will be a condition to return it after 30 days, if it is a higher amount, it can be done in several installments. For amounts of several thousand euros, the return period will be extended for a few years. The amount granted will depend on the income that the applicant has and their fixed expenses, with this information will be calculated what amount can be returned without it being a problem
- If you are receiving a money each month through a subsidy or other method that will end, the repayment term of the debt may not exceed the time in which it will be collected each month
- In the case of being included in a list of defaulters, one should consult which private equity companies accept clients in this situation . Banking entities do not accept it and some private equity companies do. However, they have conditions: the debt can not have been contracted with a private equity company or with a bank. Also, the payday loan will be granted, if the debt has been contracted with another type of company, as long as it does not exceed the limit established by them, in some cases that limit is 1,000 and other companies allow up to a debt of 25,000 euros
- Before applying for a quick payday loan online, it is necessary to be informed of the conditions of the company to which it will be directed, taking into account the personal financial situation of each one and the conditions required by the company, as well as the interests They will pay and the time period that can be agreed for the repayment of the debt. The payday loan comparison companies do this function, when they receive the information of a client, they look for the private equity company that best adapts to their needs.
- When the best option has been chosen, it must be taken into account which bank they work with in order to have the money in a few minutes . If the financial institution is not the same as the one used by the applicant, the money may take 24 hours to arrive
- Once you enter the website of the chosen company, it will be necessary to have the documents that you request scanned and ready to send. Many private equity companies only ask for a copy of the DNI or NIE and a bank account number , everything else will be answered through their form.
- In terms of financial information, payday loan companies have computer programs that allow access to the information of the applicant. This will be done when the client has given his permission, in case of not giving it the company will not be able to grant the payday loan
- You must have a mobile phone , through it you will receive a code that must be entered in the web page to confirm the sending of the request
- Before accepting the payday loan, it is necessary to be informed in detail of the conditions , in this way, there will be no problems. Many private equity companies allow the payment of the debt to be extended, although this may entail an additional cost. Always, before incurring a default, it is better to use that extension, even if it costs a little more money. The interest for not returning a debt can be very high if they are accumulated, and, finally, the debt must be paid anyway
- Once accepted, you will receive a contract that can be downloaded from the website of the private payday loan company. It is necessary to keep that contract in case there could be some kind of conflict between the company and the client
Who can ask for a quick payday loan online?
Any person of legal age who has a DNI or NIE with permanent residence in Spain, who has a regular income, whose amount will vary depending on the amount of the payday loan, and who has an account in a bank located in Spanish territory.
People residing in Spain who are abroad can also request a quick payday loan online. They must keep in mind that the money will be deposited in their Spanish bank account, so they should inform their bank how they can withdraw the money from a country outside of Spain.