First of all, it should be clarified: immediate credit without proof of income does not exist in the conventional loan system via banks or credit organizations. Any loan request is followed by a request for proof of income for example pay slips, balance sheet, tax notice, etc. by the lending institution. But then, what do we call “credit without proof”? How to get immediate credit in less than 24 hours? Can we meet a need for money without making credit? Now you can visit this website and learn the processes.
“Immediate 24h Credit without Proof”: Disentangling the True from the False
When we speak of “immediate credit 24h”, it generally refers to offers from online credits, which guarantee a response in less than 24 hours. Faced with an urgent need for money, individuals do not have time to go to the banks, to fill out the forms, to explain the situation in detail to an advisor. Online credits with immediate response are the right answer. But beware, “immediate response” does not mean that the money will be available in your bank account in just 24 hours.
What is fast is the computer processing of your file after the simulation, but this is only a first assessment. After receipt of the file, it will be necessary to wait for the connection with an advisor. The release of funds can take several days. The time required for the bank to analyze your situation and assess your borrower profile.
Credit without Proof: The Other Name of the Personal Loan
No bank accepts to lend money without a minimum of guarantees. When you see the words “credit without proof” on an online loan offer, we must understand” without justification. “A credit without proof is a loan that does not require the borrower to have to provide information on the use of the requested funds.
Unlike assigned loans which are intended to finance specific goods or projects (car, motorcycle, and work), credits without supporting documents can be used as you see fit: travel, vacations, purchase of equipment, moving, studies, marriage, etc. This is the main advantage of this type of loan. This type of credit allows the borrower to preserve his privacy if he is in a delicate financial situation, for example. The allocated amount can be used as it sees fit, without the lender asking it any questions.
You can quite make a credit request without proof (without justifying yourself) but you will have to provide material proof of your repayment capacity, in the form of:
- Pay slips (if you are an employee);
- Tax notice
- Bank statements.
With this, the lender will ask you to provide proof of identity (photocopy of the national identity card, passport, proof of address, etc.).
In addition to the amount you need for your purchases, the choice between personal loan and revolving credit also depends on your consumption habits. The personal loan is the ideal financing solution for defined projects, designed in advance (purchases, travel, vacations, etc.). For an unforeseen purchase or a situation that requires being able to release funds quickly (48 hours or less), revolving credit is more suitable.