Applying for a loan online has been a well-established reality for ten years since financial companies have begun to understand both the possibility of increasing their number of customers requesting a loan, and that of simplifying – often even speeding up – the whole loan application, approval, and disbursement process.
From that point, the financial companies began to equip themselves with digital tools and procedures to allow anyone with the requisites to apply for an online loan.
In fact, anyone can apply for an online loan. It will then be the banking or financial institution to evaluate whether to actually grant it. It is the preliminary phase, as we will see in a moment.
Online payday lenders bad credit: high approval rates
First of all, let’s face it: making an online loan application is very easy.
Everything revolves around a form for online payday loan bad credit that you can fill out online from our site directly here.
Fill in the form with your personal data, select the amount you want to obtain and the number of installments in which you want to distribute the refund, and send the request.
In a short time, you will be contacted by a financial advisor who will evaluate your credit situation and will give you a free quote.
The requirements for applying for a loan
From this point of view, all the loans are similar, in that the conditions that allow you to access a loan are more or less the same:
- Aged between 18 and 70 (although some banks and financial institutions have thought about offers for older people)
- Demonstrable income
- Residence in the Italian territory
- Be a bank account holder
- For certain types of particular loans (such as the transfer of the fifth), it may be necessary to satisfy other specific requirements
These are the minimum requirements. Then – once the first phase of the request has started – an assessment is made of the possibility of granting the loan, which is made by the bank or financial company on the basis of its risk policies and the creditworthiness of the person making the request ( ie does through the Crif database).
What is the secret to getting a good online loan?
Obviously the choice is wide, given that with the spread of online platforms for the request for a loan, the possibilities to obtain it have also multiplied. As with everything, however, it is always necessary to turn to those who can offer you a trusted solution, the result of the experience that derives from operating for years in such a complex sector.
Furthermore, not all financial companies are created equal. To be truly reliable – and to be able to offer excellent loan conditions – the financial company must have entered into agreements, such as those with INPS and NoiPA. The first ensures you the most advantageous rate in case you want to apply for a loan with the assignment of a fifth of salary or pension: a solution we have talked about on several occasions, perfect for employees and retirees.
The second convention also paves the way for excellent loan rates and is designed for state employees.