Credits without payroll
Non-payroll loans represent a type of financial product that offers the possibility of requesting and disposing of quick money without having a payroll. These loans are normally issued to people with regular or stable income, who can repay the loan, but do not have a payroll to justify the origin of the loans. For microfinance companies it is an important market, and therefore there are different instruments that allow access to this type of loans.
In themselves, they are unsecured loans – you will not have to make any effort to have money online, and you can always return the money in accordance with the conditions established by your credit contract without a payroll.
What are the most common non-payroll loans?
Well, depending on the case and also the amount of money that is needed to solve a certain situation, there are different loans without payroll. On the other hand, depending on the options of the credit, the interests, the conditions and the advantages offered, we can choose between one or another microfinance, financial or bank company.
If we refer to miniprestamos and quick microloans without payroll, we would be talking about requesting money online with the maximum speed, in many cases in less than 15 minutes. In turn, taking into account this speed, you have to think about amounts that normally do not exceed € 1000. They are more expensive than normal, and by using the money borrowed in this way, you will have to pay approximately 1% per day. The deadlines for returning the money are between a few days and a few weeks, from the date you receive the money in your bank account.
Now, with the credits without a payroll you can get a lot more money. Even amounts of up to € 15,000; the only thing is that it will not be so fast, and you’ll have to wait a little longer. Contrary to the longer wait, you earn with reduced interest, since these loans cost approximately 7% per month. A great savings, compared to having to pay more than 1% per day to enjoy an urgent credit online. And of course, another great advantage is the term, since you can enjoy your borrowed money for up to 5 years.
Expanding the options, in our website you can also access personal loans of large amounts, for example to open a business or finance a large-scale issue. If you have a project and you lack financing, it is an ideal option, since you could even receive amounts of up to 100000 euros. The interest charged for this type of loan is similar to, or even less than, the quick loans without a payroll, and the repayment terms can be up to 15 years.
Regardless of the type of credit, whether they are quick microloans, loans without payroll, loans without a long-term payroll, they are very useful financial products for the specific case. Rapid microcredit helps in urgent and unexpected situations, conventional loans without payroll can help you in matters that require more amounts, but a little less urgency. And the credits without long-term payroll, in big projects and important ideas. You can consult all the possible options on our website and make a fair, balanced decision in accordance with your needs.
Do I have to have official income to apply for credits without payroll?
They are credits without payroll, and therefore they will not ask you what is usually understood by a payroll. You can get your credit without payroll without having to submit a large number of papers and without having to explain why you want the money, how you are going to spend it, and the steps you will take to return it.
When it comes to lending money, a microfinance company needs to make sure in some way that the money will be returned, and therefore, despite not requiring a payroll, you need even the minimum guarantee. For example, to have proof of an advance and a periodic nature of receipt of income by a person.
On the other hand, in accordance with current legislation, it must be borne in mind that each person must be able to justify their income. It is not necessary to have a payroll, but some supporting document if it will go very well. In each specific case, it will present its respective requirements. For example, if you are self-employed, you can submit a VAT return, for individuals it will serve a tax return for individuals, a pension, an unemployment benefit, etc. These are the most common documents, but there may also be other options.
Apart from the supporting documents themselves, it is very important that your income allows you to pay the periodic amount of the credit, whether weekly, monthly, or otherwise agreed. We advises you that the monthly amount you have to pay for your quick loan does not exceed 35% of what you earn per month.
Analyze your situation well, compare well the available options to request a credit without a salary and enjoy life with tranquility!