Suppose you need money quickly, where is the best place to get this done. When you look for an online loan, you notice that you are overwhelmed with information that is not all equally useful. But where do you get a quick loan if you need money quickly. In the overview below I will show you which lenders pay quickly, but it also depends on a number of factors that you can influence yourself. Make sure that everything is in order and the sooner you have your loan in your account.
Need money fast
Of course it also depends on what you find quickly, one finds the same week quickly and the other wants to see his loan appear on his account the same day. It depends on the type of loan that you take out how quickly it can be settled. A mortgage lasts the longest, because you have to go to the notary and all kinds of reports have to be made, feel free to take a few weeks before it is completed. In the overview below we switch from the fastest loan to the loan that takes the longest to get.
This is a loan that you can already have in your account within 10 minutes. Nowadays, if the money provider transfers money to you, it is immediately credited to your account. There are a few small banks that have not yet introduced this, but all large banks do this this way. With a mini loan you can borrow a minimum of 100 and a maximum of 800 euros that you have to pay back relatively quickly within 45 days. With a mini loan it is not possible to pay back in installments, it must be repaid in one go. You must be at least 18 years old and registered in the Netherlands, you must also have a Dutch bank account, the mini loan is not transferred to someone other than the person applying for it.
With a revolving credit you really have to be more patient, the quickest option is payment in 2 working days. You apply for a revolving credit from 2,500 euros with a maximum of 150,000 euros. You must have sufficient income to successfully apply for a revolving credit, count on a net income of at least 1400 euros per month. A credit check check is always carried out so you cannot have a negative registration in Tiel. It is also important that you can repay the loan, you can make a simple calculation yourself, deduct your fixed monthly expenses from your income and you can partly miss what remains for repayment.
A personal loan also takes a few days in the best case scenario before you have it on your account. You can ensure that papers that are requested are scanned in advance on your computer so that you can immediately send them by e-mail if requested. A personal loan also has a minimum of 2,500 with a maximum of 150,000 euros. Because a personal loan has a fixed repayment with a fixed term, the above calculation is even more important here because you have to keep money for a longer period to be able to pay off. A credit check check is also performed for a personal loan, so you may not have a credit check listing.
Which papers should I send
When applying for a mini loan you have to provide less information than for a revolving credit or a personal loan. At a minimum, you must send your proof of identity, a recent bank statement stating your address and showing a deposit of your salary.
In contrast to the revolving credit and the personal loan, it does not matter with the mini loan if you have a negative credit check registration, no credit check check is done for this loan. As long as you have enough income to repay the mini-loan on time, there is no problem in itself.
How do I know if I have a negative credit check?
If you have a payment arrears that have not yet been made up, a lender, mail order company or credit card company may decide to report your arrears to the credit check. However, you must be informed of this so that you can possibly ensure that this notification is not made. It means that you communicate that you are going to pay your backlog. This prevents a listing. If you do not stick to your agreement, the relevant company will still provide a listing to the credit check.
Need money quickly by SMS
If you really need money quickly, you can also use the sms service when requesting a mini loan, you indicate per sms how much you want to borrow and in which period you want to pay it back. The small loan is then automatically transferred to your account within 10 minutes and you do not have to worry about it. Not all providers offer this service, so before you request it you can see if your provider provides this service. With the sms service you do not have to provide any further papers, since the lender already has all your data and will not ask for it again.
Borrow money without papers
The times when you had to send all kinds of papers by post are long gone. When you apply for an online loan you will see that everything is handled by email and by text message, so you don’t have to send anything by post. It may be that you contact your employer for a loan, but you must give explicit permission for this, it will mainly happen to people who apply for a loan and have a temporary contract, the lender would like to know if the intention is if you are able to stay in service for a longer period, this is also referred to as a letter of intent and is particularly important for the approval of your loan.