Therefore, requesting a loan with a bank will take much longer, since the requests usually require more paperwork and the conditions to access it are more exhaustive.
While online credit is much faster, ideal for situations where you have a situation of economic emergency.
So, if you have an urgent need for financing and you have decided to apply for a loan, Crediter’s credit comparison will help you choose which one is right for you and which credit is the most economical, so will help to decide between all the offer of credits that there is in the market.
The steps to apply for an online credit are very few, it will only take you more than 10 minutes and in a very short period of time you will receive a response to your request, which will allow you to have the money in your account on the same day. If you need an extra injection of liquidity, online credit is one of your best options.
What steps should I follow to apply for a loan?
Step 1. Comparison of credits. Asking a loan or personal loan is as simple as filling out a form. For example, if you want to ask for a personal credit of up to 4,000 euros, you must first make a comparison between all the personal credits online selecting the amount and the monthly fee that best suits your economy.
Although this step is not essential, it will help you choose between the wide range of credits found in the online market and those that best suit your needs.
Step 2. Application form. Once you have found the financial combination that best suits your needs, you will simply have to fill out a simple online credit application form, where you will only have to provide your personal information and your current situation.
Step 3. Documentation. In many occasions, the entities will be able to access the customer’s banking information through a tool that will allow them access to the user’s online banking, provided that they agree. It is the simplest and fastest way.
However, if the user does not have online banking or is not willing to provide this data, the most common is the sending of bank data that can be done from the email or in some cases through WhatsApp.
Step 4. Credit confirmation. After submitting the credit application form, the entity will conduct a study of the online credit application providing an immediate response, so that the client will instantly know the status of their application and whether the acceptance of the credit application or request loan has been viable.
Step 5. If your credit request has been favorable, most entities will offer you a lot of information about your credit, the client will have the option to download it in PDF format and it will also be sent to the email, and you will even receive an SMS indicating the amount borrowed and the day chosen for its return.
Step 6. Follow up. Whether it is a loan application or a personal loan, you should be informed at all times of the status of our credit and the days left to return it. For this, most entities offer the client all this information, either through calls, emails, sms, or directly through a virtual platform from which the client has access to a personal area with all the information.
Step 7. Return of the credit. Each lender offers the customer two options to repay their loan. The forms of payment to deal with the credit 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 date of payment of the loan.
In the case of paying on time, the loan the customer rating will add points which will result in advantages in the future, such as increasing the amount borrowed.