What are quick loans?

Fast online loan? It’s a convenient way to get cash even in a few minutes! See the article below for more information.

Most of us try to plan our monthly expenses in the home budget, but some are simply unpredictable. Where to get urgently needed money for car repairs, renovation of a flooded apartment or a new fridge? In such situations, non-bank companies offering quick loans come in handy.

Quick loans

Quick loans

Including a loan company is often the only solution that allows almost instant access to the amount of money needed. Many borrowers equate quick loans with payday loans. However, this is only one of the variants that we can find in the offer of non-bank institutions. All of them are characterized by a short waiting time for the lender’s decision, while at the same time each of them has features that distinguish it from others.

Let’s start with the common. As the name suggests, they are a guarantee of receiving the necessary funds in a very short time. Lenders also care about providing their clients with comfort, as evidenced by the ability to complete an online application. To avoid misunderstandings and reduce customer doubts, most companies provide financial support on simple terms and in line with good practices.

In addition, quick loans have easy accessibility – forms can be completed online anywhere, anytime. For many customers, the most important aspect is the option of getting a loan without the presence of residents. Normally, employer certification is not required.

Fast online loans

Fast online loans

The reduction of the duration of the inference procedure is primarily due to its transfer from traditional branches to the virtual environment. Borrowers can fill out the form at any time because they are available electronically around the clock. Only the client submitting the application late at night has to take into account the longer waiting time for the decision than a dozen or so minutes due to the working hours of the loan company. The application process transferred from offline to the Internet also allows you to eliminate the formalities that are necessary when applying for funds at banking institutions.

Fast loans online – how to apply?

Fast loans online - how to apply?

A device connected to the internet will be necessary to submit a loan application to a non-bank institution. It can be both a telephone and a computer. It is worth noting that some lenders also provide their clients with mobile applications. However, the basic solution for this type of loan is – as already mentioned – to provide forms for lenders’ websites.

  1. After switching to the selected loan platform, a virtual calculator should appear on the home page. Using the sliders, we can specify the time and amount of interest we are interested in.
  2. Then, under or next to the calculator should be information about additional costs (commission, interest and preparation fee) related to the payment of the liability and the value of APRC. We get acquainted with the detailed data and if they are suitable for us, click the button signaling the transition to the next stage – for example, “Submit an application”.
  3. At this point, we should be redirected to the subpage where the form was placed. We must complete all fields regarding personal, contact and address details. You may need to provide information about our income and expenses. Then, after completing the form, you must accept all consents.
  4. If we are sure that all information is correct and we want to take out a loan under the terms of the regulations, we send the application.
  5. Now we need to confirm our identity and pass verification. We can choose between a traditional transfer and the Instantor application. For more information on verification, see What are loans without a penny transfer?
  6. After confirming your identity, you should wait for the lender’s decision. If it is positive, the loan will be transferred to our account within 15 minutes. However, its posting time depends on the bank where we have the account.

Fast long-term loan

Fast long-term loan

Fast loans include not only payday loans but also long-term liabilities. If the submission of the application is quick and easy, and the waiting time for the lender’s decision has been kept to a minimum, then there is no reason to name the installment loan in this way.

Undoubtedly, lenders offer meets all the criteria for quick loans. It ensures an efficient application process and guarantees quick receipt of the decision. The maximum amount we can apply for is 10,000 PLN, while the minimum amount is 1,000 PLN. Installments can be spread over a period of 21 to 24 months. You must be at least 20 years old to have a chance for a positive decision by the lender.

Quick loans without BIK

Quick loans without BIK

Loans without BIK are one of the most sought after financial products. Why? The answer to this question is statistics published by the Credit Information Bureau. According to data, the value of our arrears in payments is constantly growing. Almost 2.7 million people in Poland have debt and a negative entry in the BIK. Some have credit and non-credit debt, which may confirm Poles’ inclination to take further loans to repay previous financial liabilities.

The most indebted people live in West Pomeranian, Lubusz, Lower Silesian and Kuyavian-Pomeranian Voivodships. In turn, the least debtors are found among the inhabitants. However, looking at the value of unpaid liabilities, the situation is slightly different. As for the largest debt per person, the inhabitants of Lesser Poland come second, while the situation in Dolnośląskie and Lubuskie looks much better. There is one conclusion. In western Poland, more people reach for financial support with lower amounts, while in Lesser Poland a small number of borrowers incur liabilities for much higher amounts.

Quick loans without BIK give the indebted people a chance to receive financing from a non-bank institution. For this type of commitment, you’ll need information on our income and its source. If our financial capabilities allow you to repay the loan, then we should not have a problem with the lender’s positive response to our request.

It should also be remembered that each loan company checks its clients in the database of debtors. However, some ensure that a negative verification result is not synonymous with the rejection of the application. It all depends on the amount and value of our arrears, as well as the requirements of specific lenders.

Quick loans for proof

Quick loans for proof

Finally, it is worth mentioning that non-bank companies also offer proof loans. As the name suggests, when applying for this form of financial support we will not need any additional documents except an ID card. Lenders do not require a certificate from the employer to be provided regarding employment or income. Thanks to this, we will avoid having to inform your boss about your commitment.

All information on financial liquidity is entered in additional fields on the standard form. These may include questions about: the amount of earnings, their source, the monthly amount of expenses and the number of dependents. Providing this information at the stage of completing the application allows not only to reduce formalities to a minimum, but also to reduce the duration of the entire procedure.