When a quick and straightforward solution is needed, paperless minicredit is a good option to solve your problems.
Normally, many traditional banking institutions are obliged to submit to an infinite process of cumbersome paperwork, making the application for credits a slow process.
The good news is that there are some private equity companies and lenders that can provide you with undocumented mini-loans and without any problem, however, in some of these situations you need to make certain conditions to grant you a loan or credit.
In some cases you must even submit a guarantee to guarantee and this involves a lot of paperwork, but there is an alternative for this long way, and it is the paperless mini-loans offered by some private equity companies and lenders that aim to simplify the Exaggerated amount of papers and requirements that many others have.
What are the miniloans without papers?
The miniloans without papers are a viable alternative for those people who do not want to waste time in complicated procedures.
Usually, it consists of an amount no greater than 700 and 800 euros, in which the only thing that must be done is to request the amount you need, specify how long it will return the money and complete an application, normally via online through platforms web that has a form that will ask for basic information to carry out the processing of your application.
Although the interest rates are high and the repayment period is very short, it does not affect the fact that undocumented mini-loans are very popular when it comes to acquiring a quick loan or credit without complicated paperwork.
What requirements do I need to request mini-loans without papers?
The requirements to apply for mini-loans without papers are very basic, but we recommend not giving more information than necessary since this could cause a scam or an identity theft in which you could be the victim of a cyber attack.
The documentation they need is:
- Have identity document as DNI or NIE
- Be of age
- Have an account with a Spanish bank
Depending on the private equity company or lender it may or may not request that you have a payroll or pension, if you are self-employed then you must have a proof of monthly income.
In addition to this, it is also possible to check whether or not it is part of the delinquent lists such as the Financial Credit Institutions, this are only normal procedures that the private equity company needs to ensure that you can return the money, otherwise, the non-payment it will be registered in the delinquent lists, just like any other non-payment of a loan or credit.
Is it worth to request mini-loans without papers?
The miniloans without papers without a doubt some are an alternative for the Spaniards when needing an urgent credit, or to fix the car or to fix his house, this is a feasible economic strategy to solve his problem without being indebted too much.
Regarding the disadvantages offered by the undocumented mini-loans, this will depend on each institution, but it is undoubtedly something that you should keep in mind and be sure that you can return the amount you requested so as not to end up in a worse situation.