The terms in the microcredit institutions are very short, because this way the person has to pay a much lower amount of interest than he would have to pay if he had the credit for more time.
The first loan
Although the first loan that you can ask the entity will be only 300 euros , with the passage of days and as the company has more confidence in you, you will leave asking for larger amounts of money. In addition, as you have a frequent client in the entity, they will give you the possibility to continue asking for credits with many benefits.
Get a microcredit of up to 600 euros in less than 10 minutes. This makes it perfect to get a quick amount of money to pay any bill we did not expect. If you want to know a little more about the entity, you just have to keep reading
To know the amount of interest that you will have to pay, you must make the simulator that you will find on the main page of the platform. There you can quickly see the amount of money you will have to pay.
- if you ask € 300 to return in 30 days are € 111 of interest that gives a total of € 411
- if you ask € 250 to return in 30 days are € 93 of interest that gives a total of € 343
- if you ask € 200 to return in 30 days are € 74 of interest that gives a total of € 274
- if you ask € 150 to return in 30 days are € 56 of interest that gives a total of € 206
- if you ask € 100 to return in 30 days are € 37 of interest that give a total of € 137
Representative example TAE
€ 200 to 30 day loan APR 4.507% To return € 274
How you can apply for a loan
In order to get a microcredit , all you have to do is access the entity’s website and you will see two meters. One of them is the amount of money you need and the other is the amount of time you will have the money in your possession. The latter is very important since through it interest will be calculated. You must bear in mind that the less time you have the interests, the more likely you are to pay less. This is a simulator of the company and helps you to know the total amount of money you will have to pay at the time you have to deliver the credit.
Once you have clear the amount of money you want to ask the entity, you must put your personal information and finally, send it to the entity. The professionals , will quickly begin to see your application to check whether it is a suitable application or not to give you credit. It will be checked if you have monthly income and also, if you have asnef problems.
To request this credit, you need to have a personal telephone number, which allows you to communicate with the company at any time of the year. In addition, you must have an email address and also have a personal account number in which the entity can give you the money you need and also collect the money there.
Most of the things in the entity you will do by email so if you change your phone you must communicate it quickly to the entity.
How is the confirmation of this type of credits
The entity will send you an SMS to confirm that the credit has been granted to you or, on the contrary, an email that will tell you that you are not eligible for the credit.
If the entity tells you that you are suitable, then you will only have to follow the instructions that the entity tells you. They will send you a contract through an email and you will have to read all the data that they will send you in it. In case you agree with everything the credit says, you will only have to enter the link that will come at the end of the contract. This link symbolizes the contract form.
Loan providers has several entities with which it works frequently. Having an account in these banks not only helps you get the credit, but it will even make the transfers reach you much faster. If you do not have a bank account with any of the organizations working , take you at least 1 business day to receive the money.
What are the requirements to obtain this type of creditsGet
If you are thinking about asking for a loan, all you have to do is:
Be between 25 and 65 years of age, in addition, you must have your current ID or in case you do not have any document proving your residence. You must also be the owner of the bank account that you deliver to the entity by entering a personal email address through which the company will contact you.
You must have a personal phone number. This association is very important, because through it, the entity will contact you for any type of change.
You must also be free of other credits, since to ask for a loan , you must not have any other credit anywhere. Once you have returned the previous credit, then you can enjoy the amount of money you need.
Finally, here you will be able to know the documents that the entity will request and that you will have to send to the entity scanned.
You must send a copy of your ID and you must also send a bank account or any household receipt that is in your bank account. In the copies, you must also send a clear photograph.