Whether it takes the form of a personal loan, or even a revolving loan, the loan without justification provides complete freedom for all the possible and imaginable expenses that can be made with it, without any justification. anything. To define it, it is a loan allowing the borrower to make purchases or projects. It would be the opposite of the assigned loan which is exclusively dedicated to the financing of a well-defined project, clearly stipulated the terms of the loan agreement. It can satisfy the realization of small and large projects, depending on the nature of the loan subscribed
Loans when you have bad credit: Good, Poor, Bad or No Credit? Not a Problem
Several are the advantages offered by the GreenDay Loans. They may be the possibility of repayment at their own pace, renewal of their loan (if it is a revolving loan), as well as quick acceptance time, once all the conditions, are met.
The characteristics of revolving loan and personal loan without proof of income
The revolving loan without justification is perfectly adapted to unforeseen daily expenses as well as to the financing of small projects. Indeed, the revolving loan without justification can take advantage of a capital ranging from 500 to 6000 €. Also, the amount of the monthly payments of a revolving loan without proof varies according to its amount, its interest rate and the chosen repayment period. As its name implies, it can be renewed every year, at the end of the contract.
The personal loan without proof, for its part, is for individuals who want to benefit from large cash, up to 35 000 €. This type of loan is very flexible since it gives the possibility of modulating the number of monthly payments according to its repayment capacity. The fixed interest rate it offers is more interesting than that of a revolving loan.
The different conditions of acceptance of a loan without proof of resources
The rapid acceptance of a loan application without proof is subject to some guarantees. Thus, some supporting documents may be required, following a request for a personal loan or a revolving loan. These are, among other things, a photocopy of identity documents, recent payslips (in the case where the borrower is an employee), the latest tax notice (for a non-employee or retired), the statement of bank identity (RIB) and a proof of address.
Regarding acceptance time, if you apply online for a loan, you will have a quick answer in 10 minutes. This does not mean that the file is accepted immediately, studies and audits are still necessary, for a refusal or approval within 48 hours. In all cases, to find the organism of your choice, it is advisable to use the services of an online comparator.
And the loan without proof of income is what?
Not to be confused with the loan without proof of use, the loan without proof of income corresponds to a type of loan that can be granted to individuals in difficult financial situations looking for a personal loan without having to justify their resources.