Probably each of us once found ourselves in a situation where he needed a quick injection. Usually we ask for the favor of friends or family. Another solution is a loan without BIK, thanks to which we can get additional funds very quickly. What formalities should be completed to use it?
Payday loans better than credit?
A non-bank loan has undoubtedly many advantages. First of all, financial institutions involved in granting payday loans reduce formalities to a minimum, and often do not check the creditworthiness of their clients or records in the KRD. For the person applying for a loan, this means that the waiting time for issuing the loan decision will start shorter – they usually receive money on the same day they sent the form. And although it has been accepted that payday loans are not associated with any formalities, in fact certain conditions must be met in order to receive the chosen amount.
When looking for the best loan in our situation, it’s worth spending some time comparing individual offers, e.g. using special internet comparison websites. All you need to do is enter the amount you are interested in, as well as your preferred repayment date and of course how you pay the debt (one-off transfer or installments). These special tools quickly compare the most important issues, such as interest rate or the total cost of the loan. Later, there is nothing else to register on the non-bank company website that you want to use. It is worth preparing an ID card in advance, because to complete the form you need, among others such data as PESEL number or ID number. What else should you enter? It depends on the company offering the loans without BIK. Some of them require information on the sources or amount of income of their clients. As a result, they can better assess the credibility of potential borrowers.
Proof of identity
Granting a loan based on personal ID details carries the risk of fraud, e.g. incurring liabilities based on someone else’s document. Therefore, after completing the registration form, you must confirm your identity. For this purpose, the customer transfers a symbolic amount to the account of the company granting loans – the transaction is designed to determine whether the data from the application form are consistent with those held by the bank. It is for these reasons that a verification transfer should be made only from an account of which we are the sole owners. Business and shared accounts with other people, e.g. your spouse, are not considered.
Waiting for decision
After sending the registration form along with the loan application, there is nothing else but waiting for its consideration – usually it takes from several minutes to one business day. The company granting loans without BIK will inform us about its decision via email or SMS. If the application is successful, the cash will probably appear on our account after a short time. Sometimes the lender requires an ID card scan or a copy of documents confirming our income. Both the certificate and the aforementioned scan should be sent by e-mail – after their delivery, the transfer usually appears on the account after several minutes, especially if the loan company has an account in the same bank.
Another loan even faster
The formalities listed above should be completed when we decide to take out a loan without creditworthiness for the first time in the selected company. Subsequent commitments made with the same lender require even less effort – all you have to do is log in to your account, select the amount you want to borrow and the repayment time; it is not necessary to complete the loan application and the form. In practice, this means that a loan without certificates is available in just a few minutes.
Before you get a loan
Payday loan is undoubtedly a beneficial solution when we need an injection of cash in a short time. They are especially appreciated by people without creditworthiness, who have nothing to count on a bank loan. However, before we decide to incur such an obligation, it is worth comparing the APRC, repayment time, or other important parameters; and based on that, choose a specific company. Although most of them give their clients the option of extending the loan repayment time, any delays are associated with financial consequences, and sometimes entering in the BIG (Economic Information Bureau) register, which may affect the negative consideration of a loan application in the future, and in extreme cases it may even bailiff’s intervention. Therefore, we owe all liabilities – including payday loans – only when we are sure that we can handle them in a timely manner.