To meet urgent financing needs, and to support consumers who wish to make an immediate purchase, certain lenders can grant rapid consumer credit. This consumer credit can be obtained more quickly than traditional financing, provided you prepare your file properly. Let us look at the main features of fast consumer credit and the rules for getting it.
The Characteristics of Rapid Consumer Credit
The term rapid consumer credit refers to classic consumer credit, obtained when the financing need is urgent. We then speak of a rapid credit because the response of the lender can intervene in a very short time. In some cases, it is possible to take advantage of simplified procedures, which once again speed up the provision of funds. It is in part thanks to the Internet and the possibilities offered by online applications that deadlines are shortened and rapid consumer credit has emerged.
A quick consumer loan can have an amount ranging from 200 to 75,000 $, and can be used to finance any type of expenditure, except a real estate purchase. The repayment period must be greater than 3 months. To apply for simple fast loans, you must provide certain supporting documents, as is the case with a traditional loan. In addition to a valid identity document, proof of your personal and professional situation is required. For this, two documents are often required:
To obtain a consumer loan quickly, it is in your interest to present a complete file (with all the supporting documents) and which provides the lender with strong guarantees. The bank must ensure your solvency and will check your debt capacity before releasing the funds you request. Fast credit does not mean that the banking organization will remove the mandatory legal checks before validating a loan agreement.
Get Fast Consumer Credit
As we have just seen, a quick consumer loan is a consumer loan for which the lender makes an effort by quickly analyzing your needs, and therefore gives you an agreement in principle, which can be immediate. Where to get this type of credit? What are the determining elements that can assure you a positive and sudden response? Here is a list of things to know before applying for quick credit. Choose a small amount. For a loan of less than $3,000, you are not required to justify your income or your home. This means that by applying for a fast consumer credit for a reduced sum, you limit the formalities, which can only speed up the processing of your application.
Submit a complete file. To have a credit agreement, it is essential to provide all the supporting documents requested, and to communicate transparently with your interlocutor. Do not lie about your income level or your situation! The franchise is essential for processing your complete file. Remember: the more complete your file, the faster the lender will study. Trust a credit broker. As an intermediary, a credit broker will solicit his network of partners and can offer you instant simulations. Yes, you can simulate a consumer loan quickly, and your request is then sent to the bank, which contacts you. You save time and you don’t have to go to an agency!
Opt for an online application. Continuing from the previous point, consider soliciting a broker, and if possible a broker or an online bank. The Internet makes it possible to reduce processing times. It is possible to receive an immediate agreement in principle, to be validated then within 24 or 48 hours (depending on receipt of the requested documents). A real flexibility of operation that a “physical” agency does not provide.
Watch out for your excessive rush! Your eagerness should not make you forget some rules of caution. Quick consumer credit is credit that you commit and must be repaid. This is a loan which can be released in a few days or a few hours, but the content of which you must check. Do not sign an offer quickly without checking the credit rate, the repayment period or the different options available to you (early repayment, deferral of deadlines, etc.) Quick credit must be made through a request that is made as quickly as possible, without too much supporting documentation to be provided and conditions for obtaining restricted. However, to be eligible with a majority of credit organizations and thus avoid over-indebtedness, your chances will be optimized if you have a stable job with income that will allow you to repay the credit.
Do you need money because your consumption requires a financial contribution that you do not have now? Are you looking for a way to quickly respond to your urgent credit need? You have an offer different from those offered by traditional banking organizations, at a rate compensated by an easy and fast loan repayment (you can repay in 3, 4 or 6 times). The total cost of credit is clearly displayed and the amount due is no surprise.
When looking to get credit quickly, you should not forget to be careful. Making a hasty decision can have serious consequences and quite simply lead to over-indebtedness. All the same, take the time to think it over and do not forget that the Scrivener law allows you to retract for 7 days from the signing of the credit. An affected work loan means that the borrowed capital is exclusively intended for carrying out work in your home. It may be work carried out by the same company. But the release of the work loan can also be done in several installments, when you call on several craftsmen and / or when you carry out certain work yourself. Indeed, banking institutions have much longer deadlines than credit organizations, which can pay funds quickly. There is also the solution of the loan between individuals, which allows, again, obtaining a fast credit.
The solution is simple to obtain a comparison with others. In fact, all you have to do is complete a questionnaire, which allows you to better understand your profile and the type of credit desired. Here, everything is simple and fast in order to best meet your requirements in terms of time but also in terms of prices. No longer, go from agency to agency, save precious time by using an online comparator.