Visit bad credit lenders near me and get money now
The payday loan for bad credit has been on the market for quick loans since 2017 and offers its customers low-value loans of between 25,000 and 300,000 forints. The Payday Loan is distinguished by two features of the other credit institutions: the term is explicitly short, between 30 and 90 days, and the Express offers can be selected at the request, which can be used up to an hour. We have collected at http://www.prelaunch24.com/best-payday-loans-for-bad-credit-payday-loans-for-bad-credit-with-us-are-fast/, the terms of the loan application and the repayment process.
A small loan on the Payday Loan is actually a personal loan that offers temporary financial difficulties. The amount of credit you can collect is between 25,000 and 300,000 HUF and the maturity is 30, 45, 60 or 90 days, depending on the amount of the loan taken.
If you use a new loan for a Payday Loan as a new customer, you can count on a 0 percent THM, which means that you have to repay exactly the amount you have charged. You do not have to pay for the transaction interest, there is no disbursement fee and you do not have to pay for the Express service at the time of the promotion.
If you already had a Payday-Loan contract, then the fees would be as follows: THM 9.9 percent, which for a 300,000 HUF loan with a 90-day term means that the monthly installment is HUF 101,566, so the total repayable amount is HUF 304,697. If you choose an Express offer, the service fee of 75,000 HUF is added to the installment. Thus, the monthly installment will increase to HUF 126,760, and the total amount to be repaid will be HUF 380,281.
Payday Loan Express: Get credit for up to an hour
With the Personal Payday Loan Express service, you can get the required amount within one hour, and you don’t have to pay extra for speed until January 31, 2019. If it is not urgent to make money, you should consider that it can take up to 40 days for a normal adPersonal Paydaystration. If you take a quick charge, you should take advantage of the Express service as long as the action lasts.
You can get the most out of your credit request when you complete the process online. You can submit an online loan application 24 hours a day, and the assessment and video identification will take place during the bank’s opening hours. Whether you have a contract with the Personal Payday Loan or not, there are only a few simple steps to make out of the disbursement. The process of applying for a loan is as follows:
- Enter your details for registration or login! If you are a new customer, you must fill in the following fields: name, mobile phone number, email address, password.
- Enter your personal details and use the calculator to determine the loan you need and the length of time you want to repay.
- Choose whether you want to sign the contract online or on paper.
- Confirm your credit request, then you will receive a confirmation code or link on your mobile and email. You will also receive an email informing you how to verify your income.
- If you choose Express, your credit needs can be assessed within one hour. The credit institution will also be notified of the result of the positive credit assessment via SMS and e-mail.
- If you have received a notification of a positive decision, you can initiate the video identification. Prepare your ID and address card for the call because you will need to show them to the agent you will talk to. The call itself takes only a few minutes. You can also make a call from a mobile, tablet or computer, but signing a contract is only possible with the Personal Payday-Loan app that you can download on a mobile or tablet.
- After signing the contract you have nothing but waiting for the disbursement. If you choose Express, money can arrive on your account on the day you sign the contract.
Need more than $ 300,000? Check out other banks’ offers with the quick loan calculator and find the best deals available on the market!
Conditions for applying for the Payday Loan
The Loan on the Personal Payday Loan is free to use, so you do not need to justify to the bank what you will spend. In addition, there is no need for a guarantor or real estate cover for the application, nor do you need a bank to get a better deal. Some of the conditions must be met for your request:
- you must be 18 years old,
- you must have a valid identity card, license or passport
- you must also have at least 3 months’ employment or pension,
At a credit institution, a negative CCR list is not a valid reason for applying for a loan, but the creditworthiness is always assessed on an individual basis.
That way you can repay the loan
You can arrange for a refund by bank transfer at the Personal Payday Loan. The maturity of the loan is quite short compared to other fast loans, so you can repay the loan even within 30-90 days. However, this is only good for those who have no problem with the high installment. If you can’t keep this for some reason, you have the option of prolonging your term, but this service is not free. The fee for the extension depends on two factors: the higher the loan amount you require and the sooner you ask for the extension, the more you have to pay for it.
The extension is for 30 days, and you must always do so before the expiration date, but at the latest on the expiration date. It can be extended at any time, but keep in mind that the fee for an extension is actually a kind of default interest, so it’s not cheap and you will have to pay the installment later.
Let’s look at an example of an extension: if the amount you requested was $ 300,000, and you only want to extend the third installment, the last installment, you’ll pay $ 17,800 to expire the deadline of 30 days. If, however, you slip in the first month and extend the term before paying the first installment, you will have to pay $ 53,400.