What advantages do personal money loans offer?

Going to private capital loans to obtain financing is an increasingly common practice among companies and individuals. And it is logical if we think that these are products that offer, in many cases, greater advantages than other credit companies. Like for example the banks.

Whenever we are going to Licensed Money Lender it is vital that we make a comparison between the different options we have. In this way we will get the most suitable product on each occasion. Among the advantages offered by having a Private Credit to request money, we can highlight the following:

Fast and easy money.

Perhaps one of the least attractive aspects of requesting money from a traditional entity is the long waits to which we must engage. Many times it may take even weeks to receive the requested capital once our loan has been approved. In the case of Private Credit the concession is almost immediate. We will not only offer you an answer about whether your loan has been approved in just 10 minutes. If not, you will also have it in less than 72 hours once we have formalized the contract. The trick to get this process agility is that we operate through the internet. What facilitates contact and communication between client and lender.

Little burden of documentation.

Another advantage of Particular Credit is that the documentation necessary to formalize the loan is not very numerous. It can also be obtained from the comfort of home. In general it will only be necessary to present the following documents so that we can grant you money immediately.

Copy of the current account and your ID.

• Simple Note of the Property Registry that you will use as a mortgage guarantee in the loan. You can obtain this document through the Internet and you will have it available in your email in less than 24 hours.

• Home insurance in order

• Copy of the last IBI receipt

Suitable for all types of customers.

If you do not have an enviable financial situation, you may have realized that applying for a loan is not an easy task. Many companies will deny you the loan since they do not consider your credit history to be secure.

The capital limit is set by you.

The normal thing when applying for a loan is that, depending on our financial situation, the lender offers us a specific amount of money and no more. It also depends on the product you request. For example, if we bet on fast mini-credits we will never get more than about € 1,200. However, with the loans with mortgage credit of particular credit the limit of money that you will receive is marked by the market value of your property. That is, the higher this is, the higher your loan will be. To give you an idea you can get from a minimum of € 6,000 to 25% of the market value of your property.

Say goodbye to the links.

If you have ever gone to a bank to apply for a loan, you will surely have noticed that there are many links that require you to accept. And all to grant us a loan whose characteristics may not be the most appropriate for our case. Among the most frequent is the obligation to open a checking account; transfer the payroll if we do not already have it in that bank; Request a credit card or direct bills. In addition to these links, there are other more aggressive ones such as contracting some type of insurance whose benefits are not the best for us. Many times we offer to lower the interest on the loan in exchange for accepting the payment of other products. However, before we are blinded by more restrained interests, it is important to study the case. Check if the expenses associated with the contract that you are forced to sign are greater than those that you would have to pay in the form of interest. Well, all these types of "penalties" are not part of our company. We will never force you to change banks or hire other products to grant you a loan.