What should you know about a quick personal loan?

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WHAT IS PERSONAL LOAN WITHOUT JUSTIFICATION?

A personal loan without proof is a fast consumer loan intended to finance a small to medium-sized personal project. This type of credit is without proof, that is to say that the borrower is not obliged to give explanations concerning his loan. It differs from other credit offers by the absence of allocation. A restricted loan is characterized by a specific destination which must be respected, which is not the case for the personal loan. A 24-hour credit without proof can be used for any type of project: financing of studies, payment of medical expenses, travel, etc.

WHAT ARE THE BENEFITS OF A PERSONAL LOAN WITHOUT JUSTIFICATION?


The main advantages of a personal loan without supporting documents are speed and flexibility. Indeed, this offer involves less process, because it is not necessary to provide proof of the proposed project. This flexibility allows the borrower to finance a project discreetly. Flexible, personal credit makes it possible to finance both a car purchase and a trip.

WHAT ARE THE CONDITIONS FOR RECEIVING A PERSONAL LOAN WITHOUT JUSTIFICATION?


Although the personal loan is the most flexible solution, it is subject to several conditions. The lender must first check the creditworthiness of its client by checking his income, his repayment capacity and his debt ratio. The latter relates to all of the borrower’s expenses, including outstanding loans, rent or even children’s school fees. The totality of these charges must not exceed one third of the borrower’s monthly income if he wishes to benefit from a personal loan. The credit institution must also ensure that the borrower is not subject to a banking ban by consulting the FICP.

Currently, it is possible to apply for credit online. The documents to be prepared are as follows: a copy of his identity document, three last salary statements, bank identity statement and proof of address. Before submitting the request, it is advisable to use an online credit comparison tool to find the most attractive offers.

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