Some loan companies expect the client to provide a bank statement covering the last few months. This statement is an alternative to your earnings certificate. The statement confirms confirms regular account receipts. It also shows how much we spend in a month.
A significant proportion of people who want to take advantage of the parabank offer are looking for a loan that will be granted only upon presentation of an ID card. As it turns out, among the so-called parabanks there is no shortage of companies that actually lend money only on presentation of their ID card. This document confirms personal data and citizenship, i.e. information without which money cannot be borrowed. It should be added that currently more and more companies allow the possibility of granting loans via the Internet. In this case, the borrower does not even have to appear in the branch of the company to provide ID. Just scan it and then send it by email.
Fast loans are quick loans, which are handled by so-called parabanks. Today, such companies can be found in virtually every city. They are constantly growing in popularity, inter alia because the formalities that must be completed when taking payday loans are really small. Therefore, many people ask what documents are necessary for a parabank to grant us a loan.
While the ID card is always a required document, only selected lenders require a certificate of employment and income. Generally, people who take out payday loans do not need to submit any documents other than an ID card. This significantly shortens the procedure for applying for a loan, and at the same time means that the road to it is not closed for people who do not work legally.
When going to the bank for a loan, we can be sure that the certificate of earnings will be among the required documents. In the case of payday loans provided by parabanks, this is not so obvious. The vast majority of loan companies do not expect their clients to present an income certificate. This is a great solution because it allows you to take out a loan for those who work black or have a junk contract, and thus have no way to document your income. No need to provide such a certificate is also a great time saver.
The vast majority of lenders do not expect a certificate confirming the amount of income generated. The only document that is necessary to grant a payday payment is an ID card. However, very often the loan application contains questions regarding monthly revenues. When completing such an application, you really need to think carefully about all the sources of income that occur in our case. This is not only about remuneration for work performed, but also about the profit obtained from renting an apartment or the maintenance received every month. However, it is not worth including false information in the application. It should be remembered that the money lent to us will have to be returned sooner or later. If the amount we intend to borrow is too high, we must take into account that the parabank may require us to document income. In many cases, however, it is quite enough to provide an account statement.
Payday loans are a great solution for those in need of money, but at the same time who have no chance that the bank will grant them a loan. Fast loans are associated – and this is the right association – with an instant credit decision and formalities limited to a minimum. However, a lot of people ask the question of what loan companies are able to accept when it comes to the income of a potential customer.
Where to Get Evidence Loan?
Among the loans currently enjoying great interest include the so-called payday loans. They are offered by parabanks, of which there are more every year. Few people realize that their offer is not only payday loans. Below we present what we can count on when betting on a parabank.
Parabanks are constantly expanding their offer. Today these are not only payday loans, but also installment loans, which amount to much higher amounts. It’s a great choice for people who need a much higher amount of money, and at the same time bank loans are not for them. Such a loan is currently even thirty thousand dollars. What loan period can you count on? It depends of course on the lender, but you can bet for up to four years. When choosing such a loan, you need to consider the possible costs associated with it.
The most popular product of the non-banking financial market are, of course, payday loans, i.e. short-term loans. Their name does not come from nowhere. They are given for a really short time. Usually, the loan period for them is from a few to a maximum of sixty days. In the initial period of existence, non-bank companies offered their clients loans for a short period of time as well as a very small amount – these were not loans higher than a maximum of USD 1,000.
Today the situation is definitely different. As for payday payday, you can borrow up to six thousand dollars today. The lowest amount generally offered by parabanks is fifty dollars. It should be added that a lot of parabanks encourage customers to use their services by offering a free loan. What does it mean? There is no interest rate on the first loan. Thanks to this, we will refund the exact amount you borrowed.