The requirements for borrowers set by banks mean that many people have no chance of getting a payday loan. However, the range of financial products, both banking and non-banking, is wide enough for everyone to find an offer ideally suited to their needs and repayment options. An ID card payday loan is certainly an excellent alternative for those who do not have permanent employment, good credit history or an appropriate income level.
Complicated procedures for granting traditional payday loans
Anyone who has ever applied for a payday loan at the bank knows how much time and nerves they take for any procedure. Verification of the submitted application always takes place in stages and never ends with one visit to the facility. It is crucial to carefully examine the material and family situation of the potential borrower in terms of his creditworthiness. The basic document to be provided is a certificate of employment. In it you can find information about the type of contract, work mode and period of employment.
However, this is not the end because, additionally, a certificate of income will be required, which is not necessarily obtained solely from the employment contract. Of course, the most optimal situation is those who have a contract for an indefinite period, and at the same time their earnings remain relatively high in relation to the amount of possible payday loan installments.
It is worth emphasizing that in the context of granting a specific amount of traditional credit, the issue of credit risk is extremely important. That is why the debt bases are checked so carefully. This is particularly true for the Credit Information Bureau (BIK), but also for the National Register of Debtors (KRD) and the Economic Information Bureau (BIG).
payday loan for evidence – minimum formalities and maximum benefits
In recent years, there have been a lot of interesting proposals for people employed under civil law contracts, irregularly received income, also from other sources than work under contract and unemployed people who have a bad credit history or even indebted people. One of such offers will be a payday loan for evidence without a certificate. This solution is often used by people who do not have the possibility to take a private payday loan . The small number of requirements to be met makes this solution more and more popular among clients of financial institutions. It is absolutely necessary to meet only a few of the following conditions:
- You must be an adult
Each financial institution operates on the basis of its own regulations, so it is worth checking in advance what is the lower age limit. Sometimes payday loans for indebted people are granted only to those who are at least 21 years old, which explains the greater responsibility of such people and their better career prospects. People between 18 and 21 years of age also have a chance to successfully verify payday loan applications, but they must look for lenders willing to lend to slightly younger clients. In turn, the upper limit usually varies between 65-75 years. Of course, it is also necessary to have an up-to-date ID card.
- You must have Polish citizenship
Sometimes, you will also be required to reside in our country. It has its justification in difficulties with the possible enforcement of financial obligations from unreliable customers residing permanently abroad.
- You must have a bank account
In principle, it should be said that there is usually such a requirement. It is connected not only with the possibility of convenient transfer of the payday loan amount to the client, but also with the verification of his personal data. It is about making a transfer to the lender’s account in a symbolic amount of 1 grosz.
It is worth noting that some lenders meet the various expectations of potential borrowers and allow withdrawals also through GIRO checks. In this case, you do not need to have a personal account at the bank.
- You must have a telephone
The telephone route is one of the basic communication channels between the lender and the borrower. Currently, it will be the most common mobile phone. Some companies also require an e-mail inbox in the process of inference and verification itself.
- You must complete the registration form accurately and truthfully
This is an extremely important issue. It’s better to double check your data than to expose yourself to negative verification. Sometimes it is enough to make a small mistake in the address or in the PESEL number to lose the chance of granting a payday loan for evidence.
Looking at the list of requirements, it is really hard to be surprised that payday loans for evidence are so popular. The conditions are not only extremely attractive, but also very flexible. Sometimes only an ID card and a mobile phone are enough.
payday loan for evidence – the benefits of this solution
The greatest advantage is certainly the limitation of formalities, and above all, the lack of the need to provide the entire file of documents and certificates from the workplace. This makes it much easier, and at the same time speeds up the entire procedure of verification of the payday loan application. Sometimes only a declaration of the amount of income obtained is enough.
The element that streamlines the application process will also be the lack of the need to look for a stationary facility. Modern and fully automated processes for granting credit for evidence via the Internet take only a dozen or so minutes, and transfers are processed immediately after acceptance of the application. This saves time and ensures a high level of comfort in dealing with the whole matter. There is even no need to declare what the payday loan money will be used for as proof.
What is important, even forms of those who can not prove high scoring in the BIK database or have negative entries in business information bureaus may be positively verified. This largely widens the group of borrowers.
payday loan for proof – how much can you get?
The amounts that can be obtained under the payday loan as proof depend on the specific financial institution, as well as the time of crediting. Short-term payday loans are concluded for a maximum of 60 days. In this case, the payday loan amount is from PLN 100 to PLN 6,000. In the case of installment payday loans, this amount may increase up to PLN 25,000, but then the repayment period is extended to 12 months.
It is also worth emphasizing that there is also the possibility of extending the payday loan repayment time, shortening the payday loan period by settling the debt earlier or withdrawing from the contract at a given time (usually it will be 14 days).
What to look for?
Proof payday loans are a great solution in the event of a loss of financial liquidity for those who value time, flexible verification conditions and comfort of handling. At the same time, it must be remembered that all debts must be repaid on time. That is why it is so important to look at your home budget in terms of even the smallest financial commitment.