Regarding the amount, the applicant can request up to 300 euros for the first time, and then up to 700 euros, depending on his client rating, that is, depending on how he has behaved with the previous payday loans (if he has responded to the installments, has paid at the agreed time, etc).
This type of fast payday loans have been designed only for occasional use. It is not convenient to use them to pay another payday loan, since they are small amounts of money that must be returned in a short period of time.
What requirements must you meet to apply for a payday loan ?
One of the most striking features of this type of payday loan is that the requirements to apply are rather few . Anyone with an urgent need for money can meet the conditions for their application to be approved.
The conditions to access the payday loans are the following:
- The user must reside in Spain
- Must be over 18 years of age
- Must be in possession of a bank account in your name
- Must have a contact phone
If you meet these requirements, it means that you can apply for a payday loan , although, obviously, this does not guarantee your approval. From providers, they evaluate all applications carefully and individually.
In this way, it is possible to review the economic characteristics of each person to grant the payday loan to those who are considered to have the ability to return it.
How do I apply for a payday loan ?
In a very simple way. To apply for a quick payday loan , the customer should only choose the amount he needs and for how long he needs it . In this way, providers will be able to evaluate the options to offer the client the total cost of his payday loan before starting the application and avoid surprises in the future.
How much does it cost to ask for a payday loan ?
It should be explained that quick payday loans are not designed as long- term payday loans , so it is true that they are not always the cheapest option. However, they save a lot of time and money.
Even so, it is good to think about the particular economic needs before committing to request a quick payday loan. In any case, whenever the user has doubts about it or is not sure of the conditions, he can contact the entity 24 hours a day, 7 days a week.
What information must be provided when requesting a quick payday loan ?
During the providers application process, you will request updated personal information; This includes the applicant’s address and employment status. The information provided will help to make the right decision and will always be stored in your files under strict security measures.
It could be that, in certain cases, providers requests the copy of some additional document in order to validate the identity of each user.
How do I apply for the payday loan?
To access the providers payday loans, you only need a PC, a tablet or a smartphone. From any place and at any time, each user will have access to the offer of the payday loans of this entity . Depending on the information you provide, you will get one decision or another.
Once the providers application is made, each case will be studied and it will carry out the necessary controls that will allow it to obtain quick and precise decisions. If the application is approved, the applicant will receive an email in your email stating that the money is on the way.
In general, money may take up to 15 minutes to appear reflected in the user’s account , however, the exact time depends on the bank. The transfer to the account may take a little more time in case some banks, due to their type of operation, can not process quick money transfers or delay in reflecting the payday loan.
This entity offers the client several options to repay his payday loan. The forms of payment to deal with the payday loan are two: debit card or bank transfer. In the case of not being able to return the money on the date marked, the client may request an extension, that is, a change in the due date, provided that it is requested before the payday loan expiration date.
In the case of paying on time, the payday loan the customer rating will add points which will result in advantages in the future, such as increasing the amount borrowed.