Loan intended for the non-professional needs of individuals, the payday loan aims to finance projects freely. But how do you apply online and get credit within 24 hours? What documents must be provided to constitute your file?
Apply for a payday loan online
With us, it is possible to request a payday loan in a few clicks to get an answer as soon as possible. You just have to fill in the nature of the project, which can report to the purchase of a washing machine as well as the financing of a move or the booking of holidays. Please note: the payday loan cannot be used to finance professional purchases. To continue the process, just indicate the amount you want to borrow and then simulate the loan directly online. If the rate and the monthly payments are suitable, the future borrower will only have to send a quick payday loan request and fill in their contact details. He will be quickly called back by the credit platform in order to set up the project.
Quickly establish your payday loan file
Getting a loan quickly is good, but not wasting time with formalities is even better. Everything has been done to speed up the taking out of a payday loan. The future borrower does not need to send the original documents, simple photocopies and an electronic signature of the contract are enough. As for the documents to be supplied, we only asks for those required by law:
- an ID;
- proof of address;
- proof of income;
- a bank account number.
A payday loan is an installment loan so debt on that loan won’t hurt your credit score as much as debt on a credit card that’s almost to its limit, thus making available credit more accessible. A payday loan can also help by creating a more varied mix of credit types.
Before you start making the extra payments, go over your loan agreement and look for a prepayment penalty. .If you pay off your payday loan early, it means the lender isn’t making as much money. Not all loans allow prepayment penalties, but payday loans do.