Applying for credit with a physical agency can sometimes take time and require several trips to set up the loan file. Today, it is possible to access credit without moving from home, turning to financial institutions that offer online offers.
Get help from instant payday loan lenders today
To apply for credit online, it may be interesting to compare the different offers of the market beforehand. Indeed, it can be difficult to navigate among the many proposals that can be found and using a tool to make the right choice can be a wise solution. For this, it is possible to use online comparator. It is a very effective tool that provides an overview of various credit offers that can be found on the market. It makes it possible to estimate the total cost of a loan by highlighting the APR (annual percentage rate) of each offer. This is the best indicator of the final value of a loan and it is to him that one must refer when looking for the most advantageous offer.
Once you have selected the instant payday loan, simply go to PaydayNow website and apply online. To do this, you will need to complete a questionnaire by filling in personal data such as your identity, your family situation, your professional situation, and your banking situation. Once this questionnaire is completed, the information you have given will usually allow you to obtain an immediate answer in principle. If the latter is favorable to you, the financial institution will then send you an offer of loan, by mail or by mail. At that time, you will have to date and sign the contract, attach the documents justifying the information that you have communicated in advance, and send it back to the lender so that a final study of your file is established. Once done, a final answer will be communicated to you and if it is positive, the money will be released on your account.
The necessary supporting documents for an online credit
The supporting documents requested by banks and credit institutions are necessary to check whether the information you provided when you applied for credit is correct. Depending on the chosen lender, they will be returned by mail or mail. These documents include:
– A valid identity document (national identity card, passport, residence or residence card …)
-Proof of residence (electricity bill, gas bill, land tax, rent receipt …)
– Proof of income (last tax notice, last payslip, certificate of family benefits …)
-A bank or postal identity statement (RIB or RIP)
However, note that this list is not exhaustive. Depending on the establishment you will be addressing, your situation but also the type of credit to which you will subscribe, it is possible that additional documents are requested.
The advantages and disadvantages of instant online credit
The online credit application process is simple and convenient to perform. It only takes a few minutes to complete the questionnaire and send the credit application to the lender. It also saves a lot of time because it’s possible to do all the necessary things without leaving home and without having to make time-consuming appointments.
The basic answer to the credit application is, in most cases, immediate (based on the elements declared). The final answer is also given to you in a relatively short time, once the lender has the required supporting documents.
In addition, you can apply at any time of the day, without having to worry about the opening and closing times of agencies. Most often, you can also track the progress of your application and your credit agreement on the lender’s website.
What’s more, online loan offers can often be more beneficial than those offered by physical agencies, and many promotions can be found. Finally, online banks have a security system that keeps your data confidential.
However, online credit applications are still some drawbacks. For example, for some people, the inability to physically meet a counselor is a disadvantage. If you ever have questions or need to make specific requests, you will need to contact customer service by phone or chat with a chat advisor on the site. top