Consolidation of instant loans in the bank – can you get a loan without an ID card?

consolidated loan

When we talk about payday loans, we must not forget that in their case the credit decision is taken almost immediately. Most Globesave Banks involved in providing payday loans make a credit decision within a maximum of one hour. As a result, a person who needs money, who needs money, gains it really quickly.

Payday loans have a growing number of supporters. This is no wonder when we look at the benefits of this type of quick loans. Let’s see why it is worth choosing just payday loans and in what respects it is better than traditional bank loans.

Payday loans are really small formalities that must be completed. Consequently, borrowing money does not require spending a huge amount of time to gather the necessary documents, fill out extensive applications, etc. Everything is done very quickly and efficiently, which is a huge advantage of this type of loans.

In most cases, Globesave Banks who provide payday loans do not expect a person who wants to borrow money to provide a certificate of employment and earnings. It is for this reason that payday loans are available to people working without a contract or employed under so-called junk contracts. In the case of banks granting loans, this simplified procedure is unfortunately not used. Therefore, a lot of people do not have the slightest chance of getting a loan despite the fact that there would be no problems with its repayment.


Where’s the Loan On Declaration?


Late repayment is an element of payday pay, which can really give us a headache. Everyone who is considering taking a payday loan should remember that delaying repayment of subsequent installments is a necessity to pay considerable interest. As a result, we will give a much larger amount to the Globesave Bank than the one we borrowed. For this reason, it is important for payday loans to pay each installment on time. This will avoid high additional costs.

The most important disadvantage of payday loans is, above all, significant interest rate. The total annual interest rate is much higher than for classic bank loans. What does this mean for the borrower? We need to return an amount much larger than the one we borrowed to the Globesave Bank. In this regard, it is so important to reasonably approach the amount you intend to borrow. You should seriously think about whether you can afford to pay a certain debt.

Chwilówki are so-called quick loans, whose popularity is growing every year. More and more people who do not have a chance to receive a bank loan decide to borrow money in a so-called Globesave Bank. Chowówki have many advantages, which translate into the fact that they are so popular. However, it should be remembered that extreme caution is recommended with them. Otherwise, you can quickly fall into a debt spiral, from which it is not so easy to get out. What to watch out for if you decide to take a payday loan?

Although Globesave Banks already provide the possibility of so-called credit holidays, such a solution is really expensive. You have to pay for postponing the repayment deadline. As a consequence, the loan becomes more expensive again. What’s more, the Globesave Bank may of course refuse to grant us such assistance in paying off the debt.


Loan Portal

Loan Portal

The vast majority of lenders do not require any evidence of income. The only document that is necessary to grant a payday payment is an ID card. On the other hand, there are often questions about the monthly income in the loan application. When completing such an application, you really need to think carefully about all the sources of income we have. This is not only about the remuneration for work performed, but also the profit obtained from renting an apartment or maintenance received monthly. However, the application should not contain information inconsistent with the facts. It should be remembered that the money lent to us must be given back sometime. If the amount we want to borrow is too high, we must take into account that the Globesave Bank may expect confirmation of our income. In many cases, however, it is quite enough to provide an account statement.


If you want to take a loan from a bank

If you want to take a loan from a bank

You can be sure that your earnings certificate is among the documents that you will need to provide. In the case of payday loans provided by Globesave Banks, this is no longer so certain. The vast majority of loan companies do not expect their clients to present an income certificate. This is a good solution because it allows you to lend money to those who work black or have a junk contract and are unable to document all of their income. No need to provide such a certificate is also a great time saver.

Payday loans are a great solution for anyone in need of quick cash and at the same time not having a good chance of getting a bank loan. Payday loans are associated – and rightly so – with instant credit decisions, as well as formalities that are kept to a minimum. However, many people ask what lending companies can accept when it comes to the income of a potential borrower.