5 Myths about immediate loans

 

All types of personal loans involve rumors and myths that are often not true, it is important to inform you before acquiring a loan, in this section we clarify 5 of the most common myths that exist:

Young people do not have access to loans or formal loans.

Young people do not have access to loans or formal loans.

We know that all people, regardless of their age, economic situation, religion, nationality, sex, etc. Sometimes, due to various situations in life, they need to require some financial support.

In our lending company we are aware of this situation and that is why we are here to support you when you need it.

Micro credit lenders are outlawed.

Micro credit lenders are outlawed.

You have to be careful, since not all companies that are dedicated to granting micro loans could be complying with all the regulations required by law.

In the case of our lending company , you can rest easy since we are a company where we have the commitment of legality and compliance with all the regulations that apply to us.

It is very difficult to obtain loans.

It is very difficult to obtain loans.

Depending on the financial institution you approach to find a solution, this process can be very long, complicated and difficult, or in other financial institutions it could be something very simple and fast.

In our lending company we have an extremely agile and fast process for the approval of loan applications, which you can complete 100% from your computer or mobile device.

Customers end up in debt for a long time.

Customers end up in debt for a long time.

There are all kinds of credits and loans, from those that are very short term to those that are for very long periods such as mortgage loans that can be for terms of up to 20 years or more.

In the case of our lending company we are focused on supporting you in need or short-term situations because we understand that it is very heavy to maintain and have to pay a debt for a long time.

No credit history is generated with micro loans.

No credit history is generated with micro loans.

This is totally incorrect, since all people who have a loan with our lending company, from the moment they are granted a loan will be generating a credit history in the Credit Information Companies.

Car loan at trial period

At the same time, a new job means to start a new phase of life. Many changes are coming to the new employee and the salary is also changing. In the case of a new job that has just started, the employee will only work on a trial basis.

The employer wants to see first of all whether the employee is doing his job well and is an asset to the company. Conversely, it is also the case that the employee must first try out whether this is really his dream job. With all the new impressions, it should not be forgotten that the cost of living continues. If you then need a car loan during the trial period, it will not be easy for you to obtain it during the trial period.

Borrowing problems

Borrowing problems

Banks don’t like to see workers during their probationary period lending. The employment relationship is then generally limited to three months, so it is not certain whether the work will still be carried out after the three months and the employee will be taken on. This poses a risk for banks, so that a car loan is often rejected during a trial period. Anyone who can prove a fixed-term employment relationship can also prove a limited salary. A loan cannot be repaid without a salary, so workers will always have bad cards during the probationary period.

Increase credit opportunities

Increase credit opportunities

If you only need a small amount, you will certainly have chances in lending. However, it must be borne in mind that the loan must be repaid within the trial period. The car loan is very low during the trial period. However, if you already have an unlimited employment contract in your pocket during the trial period, you will be able to avail yourself of a normal installment loan. Otherwise, collateral must be available for a loan to be granted.

One of the best known types of collateral is a guarantee and a life insurance. Insurance can also be lent, but not all insurance companies want it. Then the borrower must first ask the insurance company before it can be ensured that it is possible. The last way would be to take out a personal loan so that the loan seeker can use the loan amount to pay important bills.