Currently getting a personal loan with bad credit is easier than ever, thanks to the financial services offered by fast credit institutions through the Internet.
Then we bring you the letter that one of our users sends us and asks us how you can get a personal loan with bad credit. If this is also your case, read on, you will find everything you need to know.
“I need to apply for money while having a bad credit situation”
“Hi, my name is Ana C. and I am looking for information about loans with bad credit. I am interested in getting a credit of 2500 euros to buy a second-hand car, since I just got my card. Currently I have a payroll of 1000 euros per month, I am in Financial Credit Institutions (a debt of less than 100 euros) and I do not have an endorsement. This is going to be my first loan request, what can you recommend ?. Regards, Ana. “
Where to get a personal loan with bad credit?
Our user Ana asks us where she can get personal loans with bad credit, that is, conventional loans or mini-credits and fast loans with Financial Credit Institutions, focused on profiles that do not have a good credit file.
Currently, we can get this credit service thanks to the financial Credit, where we can obtain loans with bad credit of up to a maximum amount of 5000 euros.
Let’s see more in depth what its conditions are:
In Credit we can get loans with (relative) bad credit for values between 500 and 5,000 €, with repayment terms up to 36 months, does not need an endorsement and accepts applications with Financial Credit Institutions or RAI.
Loans of money with bad credit, easy and fast
The sector of quick loans, which also includes money loans with bad credit, has undergone a great expansion over the last few years, and it is now easier than ever to apply for a loan through the Internet., in a matter of minutes, and with total security, since financial institutions with quick credits have been able to adapt Internet technology to offer a service that can satisfy the needs of today’s customers.
A few years ago we could consider that having access to a loan of money with Financial Credit Institutions was practically an impossible mission, and is that as a rule having a negative credit history for debts was not compatible with possible credit applications.
However, times change and the needs of users also do, so the credit sector has managed to adapt to these, offering loans with bad credit that can be achieved with few requirements and from home, managing the entire process through from our computer or by phone (smartphone). Of course it will depend a lot on what our particular situation is, since each case is a world, but if you can get financing and your credit file is not very buoyant at this time, surely entities like Credit, will be your best option.
For amounts lower than the one you mention, you can also access credit in financial companies such as Creditsor (up to € 300) or Solcrédito (up to € 1,000).
Loans with bad credit online, how to apply?
Now that we have talked in depth about what they are and what are the loans with bad credit online, we will move on to know how the entire process of applying for these credits works.
To apply for loans we must, first of all, choose a financial company that is compatible with our profile (in our case with little credit capacity), since not all specialized entities offer this type of service that allows us to access a loan with Financial Credit Institutions or RAI. Which reminds us that you may be interested in reading our post about how to leave Financial Credit Institutions, as we mentioned it.
Once we have chosen a financial company that offers us mini loans with bad credit, among which we find Credit as we mentioned above and where we can request up to 5000 euros with Financial Credit Institutions, we will access your website.
Once we are in your web platform, we will have to enter both the amount of money that we want to request, as well as the total time that we want to have for the return of the loan, in order to automatically see an approximate calculation that will inform us of the interests total of the operation, and of the total money to be returned after the return period has elapsed.
After this, and once we have entered all the data required to manage our loan, we will send the form which the financial institution will analyze to see if we are compatible with your applicant profile, and consequently, grant or not the requested loan.
Once we have sent our personal data through the financial form, we can only wait a few minutes, as the answer informing us if our online loan has been accepted, will not be long in coming.
In the event that we receive an affirmative answer and our credit has been accepted, the income of the money in our current account will also be made immediately (in the case that our current account is hosted in the same bank, if not, we must bear in mind that the transfer could take between 24 and 48 to be reflected in our account).
How and where to get a cheaper personal loan?
Getting a cheaper personal loan is a simple task today, and is that thanks to credit comparison as minicreditosalinstante.com (website where you are) we can find a lot of information and contrast between the different current offers, choosing the one that We are more interested, or better adjusted to our needs at this time.
Thanks to the Internet we have access to a large amount of information that we can consult quickly and in just a few minutes, and is that a simple search we can find comparisons like the one we offer you in our entry on loans with Financial Credit Institutions, where we can see what are the major financial institutions that offer this type of credit.
However, that we can get cheap loans does not imply that we are requesting the one that is most suitable for our profile. That is, if, like our client Ana, we need to get a personal loan with bad credit (with Financial Credit Institutions), we have to make sure that we send our credit request to an entity that is compatible with this feature, since we can find financial that they offer us credits with lower interests and, therefore, cheaper, but that nevertheless we will not be able to obtain since our request will be rejected.
Therefore, in order to choose the best loan, we must make sure to choose a financial company that offers us, as in the case in this letter, credits with Financial Credit Institutions. Before choosing a financial institution because it offers us cheaper personal loans, we must check that it offers loans with Financial Credit Institutions or RAI.