All the information about Quick Loans without Aval only DNI
Personal loans or consumer loans are one of the most common products marketed by banks and savings banks and one of their main sources of income, since the margin they have on the profitability they obtain is higher than what they can receive for a mortgage loan or a savings or time deposit deposit.
When the differential obtained by a bank from a mortgage loan can be approximately 2 to 3 points (before the crisis was much lower) or in a fixed-term deposit that is usually less than one point, in personal loans the margin can be be 6 points and even more.
As the name implies, it is personal loans, meaning that the only guarantee that the bank has is the personal one. Therefore, in case of default the bank can only resort to try to collect against the individual or persons who have signed the quick loans without guarantee without the possibility of demanding the debt to third parties and to seize assets or payroll, before it will have to decide a judge.
However, if the bank considers that the income of the applicant of the personal loan is not sufficient guarantee for the return of the money, it can ask to be presented by a third party or guarantor that guarantees the loan and to face the debt in case of non-payment by the party. From applicant.
If you have regular income with Payroll, pension or other demonstrable items, you can get a loan without Aval
How can a loan be requested without an endorsement?
In order to request a loan without an endorsement and that the bank sees it with good eyes and agrees to grant it, the applicant or borrowers must have a stable job or a fixed contract, sufficient income to return the monthly letter that is agreed and in general that the The amount of this fee or monthly letter does not exceed 30 to 35% of the net income.
That is, Salary minus social security and taxes and deducted the fee from other possible existing loans. What the bank wants is that the person who asks for the money, has enough liquid to be able to face the rest of their household expenses, food, clothing, schools, leisure, etc.
Requirements To Apply for a Credit without Aval
The requirements to be able to request a loan without endorsement, are the general ones in any request of financing. That is to say:
- Be an authorized Resident in Spain. The resdiencia has to prove it with the DNI in the case of the Spaniards and with the Resident Card duly legalized and in vigo in the case of foreigners living in Spain.
- To have full age to request credits and sign the corresponding contract. Usually coincides with the age of majority. However, there are many banks that limit the age between 21 and 70 years.
- Have regular income to pay the loan plus interest. Said income may come from a payroll when working for an employee, or from a pension, aid, etc. However, it is always easier with a payroll domiciled in the bank itself although it is possible to get the loan without a payroll.
- Open an account at the bank where the credit is requested. However, there is also the possibility of requesting money in financial institutions that do not require opening an account.
Fast loans without payroll or endorsement only DNI
When we have a need for money for any purpose, the first thing we can think of is to ask for it in a bank or savings bank and not always the urge to get the money is the same. For example, if our need for money is for the purchase of a home, we can safely wait more than a week.
The same if the money we ask is for the purchase of a car and in general all purchases of consumer goods of a high average amount. Therefore, we can determine that we are not talking about getting a quick loan if the amount to be requested is high or for a durable good, with exceptions as is logical.
However, there are other more short-term needs of small amounts whose processing is easier and faster without having a payroll, without presenting guarantor and practically only with the DNI. We refer to the quick credits granted by online financiers who pay the money instantly in 10 minutes.
Only with the DNI can not ask for a Credit but if you apply online, fast and receive money instantly in the minicréditos without payroll or endorsement
What are the quick credits without endorsement.
So in what cases can you think that the bank or financial institution can grant us quick loans? These operations or ways to get money urgently, we understand that they are those of small amounts or mini-credits, usually up to 1000 euros and that are destined to the purchase of daily consumer goods. For example the payment of studies, purchase of a mobile phone, a tablet, payment of a monthly rent, quotas arrears etc.
To get money urgently, it is convenient to have all the necessary documents prepared by the entities, the latest payrolls, the income statement, income certificate, working life, have more than 21 years and not be in the debtors, rai and Financial Credit Institutions in Spain or truthful, infocorp, credit bureau in South America.
For the request of a quick loan in addition to the banks and the use of the credit cards, we can make the request of money to the financiers who grant credit online through the Internet and who usually answer in the same day and even in 10 minutes.
In some cases, as we explained in a previous article on interest-free mini-credits, these financiers have fast interest-free loan offers in the first loan operation in order to capture the client for future loans.
Can I Apply for an Unsecured Credit while at Financial Credit Institutions?
The treatment given by financial companies when granting a quick loan is similar to the study they do when granting personal loans. However, we have already commented that the process is simpler, very fast, with little paperwork, without too many questions and pay cash immediately.
Therefore, in the case of requesting a loan without guarantors, the lender will consult the register of defaulters and especially if the applicant is in debt. If the debt you have written down in Financial Credit Institutions is of small amount that is not higher than 1000 euros, it is possible that the financier does not mind that you have Financial Credit Institutions.
If the amount you have written in Financial Credit Institutions is higher than 1,000 euros and corresponds to the non-payment of another financial debt (loans, cards, etc.), you will not be able to accept the loan. In these cases, you may have an option to other alternatives. For example, the possibility of making a mortgage loan or leaving a car as collateral to ask for a credit with the car’s endorsement.