The market of loans to individuals has grown exponentially and, above all, alternative financial services to banks, following the economic crisis that began in 2009 and lasted for five years.
To overcome the situation, the Central Bank lowered interest rates, with the result that the availability of liquidity for companies is much greater and, therefore, they are interested in lending money to make it profitable, given that having it in a fixed-term financial institution means losing value.
In this specific case, consumer loans are a way to stimulate economic activity through the purchase of goods and services, which interests governments and economic regulators. Parallel to the recovery of economic activity, the possibilities of unpaid loans offered by specialized financial services companies in this market niche have increased.
In addition, and at a domestic level, we have to indicate that we Spaniards are homologoating ourselves more and more with the countries of our environment, and we opt for loans without payroll to face specific expenses or, simply, response to an unforeseen event. In 2016, the record of consumer loans for individuals was broken, with more than 10 million contracts signed, 14% more than in 2015; Even so, there are countries in the European Union, such as France, where personal loans are more common.
Another reason for the increase in the hiring of unpaid loans with specialized companies is that your relationship with the company is limited to the agreed loan, while with banking entities it is somewhat more complex, since they try, in many cases, to sell you a linked product that you do not need. The old technique of cross selling, common in all shops, is also used in banking and, in fact, on many occasions, to contract the loan you will be forced to take another financial product in the pack.
Competition in the sector is allowing new products with more competitive interests to be hired, and today we can say that it is not necessary to be a potentate to have a loan without payroll. The most common is to use the money to buy cars, appliances, to spend the holidays or pay for events, such as a banquet.
Online loan without payroll
A quick loan is usually used, above all, for the purchase of a durable good or for the financing of specific expenses. In this case, a payroll is usually requested as a guarantee or a stable source of income. It will depend on your medium-term economic response capabilities, but you can hire up to 5,000 euros to repay in 48 months.
Of course, in this case you will have to describe what is the good you want to acquire, as well as your market valuation so that you can approve the operation. It is a medium-term operation, but it must be said that the market trend in Spain is to lengthen the payment periods, being the most usual to opt for return periods of between one year and five.
Who benefits the loans without payroll?
Unpaid loans have become a great way to request easy money, fast and without third-party guarantees. However, because it is a risky financial transaction, the banking entities that grant them rely on the personal assets of the lenders (credit beneficiaries) and, in the event of default, activate the collection mechanisms through the attachment of goods (present and future), until paying off the debt with the generated interest.
Are you thinking about requesting one? Perhaps your qualities as an applicant for credit, in the usual financial and mortgage channels, do not meet the sufficient guarantees required by the banks. You have reaped negatives over and over again. They do not lend you You are facing an economic emergency, you need to face an unforeseen payment. A unique opportunity has arisen and, once again, you do not have enough money to fulfill your dreams. Unpaid loans can help you.
Who are the online loans for without a payroll?
Citizens unemployed or without permanent work
Although online loans without payroll are subject to higher interest than mortgage loans, the amount, as small amounts of money, does not increase excessively, if the installments are paid in a timely manner. This benefits, especially, those workers who, without having a regular income (unemployed people, workers with contracts for work and service or temporary), need money urgently and without too much paperwork.
A fine of traffic, obligations with the Treasury or the payment of bills (electricity, water, gas, telephone …) could motivate you to request a loan without payroll to get out of step. In these cases, the immediate payment of your responsibilities is of great interest. And, if not comply with these obligations, the amounts owed could be transformed, in the case of a fine, from 60 to 120 euros (double), in a very short period.
Included in delinquent listings
Have you stumbled on the “no” when you went to apply for a mortgage or installment financing of a high-end mobile phone? The reasons may be diverse and one of them could be that you are part of a list of defaulters. In Spain, the reference lists are Financial Credit Institutions, RAI and Cribe, which, according to Law 5/1992, notify by registered letter to those affected their integration in them.
The dreaded Financial Credit Institutions has been a workhorse for millions of people, but those of us who know how big companies work, know that being included in the file of defaulters is not equivalent to owing money. The increasing complexity of economic activity also implies complex situations in which not everything is black or white.
It may be that we have become confused in the payment of an invoice for a change of address and that, after a few years, the bank denies us an operation because we are registered as defaulters. It could also be that we have refused to pay an invoice for supplies that we considered abusive and that, in retaliation, the company has included us in that file.
Although, until 2009, financial institutions relativized the importance of this blacklist, with the arrival of the Great Recession, the risk departments of banks became stricter to avoid increases in delinquency and one of the consequences was to close the credit to those people who were included in the list.
Fortunately, today there are several financial services companies that are aware of this problem and offer loans to people who are in Financial Credit Institutions but can demonstrate the ability to return it.
The non-payment of a debt, a fee or a receipt chases you and can bring unexpected consequences. Therefore, online loans without payroll benefit you, especially if you belong to one of these lists, which, unlike banks, do not rely on this information to grant or deny a credit.
Money calls money and credits, sometimes, are often necessary to rebuild and build. Weigh the advantages and disadvantages of this financial product and for all!
Request an online loan without payroll
Traditionally, to get a loan for consumption they used to ask for a payroll. Now, it is possible that you have alternative sources of income important enough to face it and that the financial institution, depending on its risk policy, denies it. In fact, many people have encountered this situation in the wake of the economic crisis.
Unpaid loans respond to a popular certainty that, it seems, many financial entities are not yet aware: not having a payroll does not imply lack of economic resources. A paradigmatic case is that of the self-employed who work on their own but have easily demonstrable income through quarterly IVA or IRPF settlements.
One of the advantages of hiring an online loan without payroll is immediacy. If you apply for a credit to the bank, it probably takes several days for it to be granted, not counting the waiting time in the office. Instead, the internet offers an answer in a few minutes, from the comfort of your computer.
Secondly, online loans without a payroll can be used to cover unforeseen expenses, such as a traffic ticket or fees that you have to pay without losing time. You can ask for up to 800 euros to be paid in six weeks, enough time to be able to face the payment and return the money.
To be able to contract an online loan without payroll you only need a demonstrable source of income, be between 18 and 65 years old and a mobile phone in which you can receive the notification. Once the transaction is approved, in a few minutes you will have the money in your bank account.