When we encounter a unique opportunity, on the contrary – a combination of unfortunate accidents puts us at risk of unplanned expenditure – the lack of available resources can be a serious problem. Fortunately, these circumstances do not mean that we are forced to give up a bargain purchase. The offer of banks and loan companies meets short-term payment problems through loans without certificates.
Loan without certificates – what exactly is it?
A loan without income declarations is a solution available to clients using the services of financial and loan institutions operating on the Polish market. A loan without certificates does not mean, however, that potential lenders will not verify the applicant’s financial position. However, under this type of product the decision path of the credit procedure can be significantly faster. Depending on the type of entity that grants the loan without certificates, customer verification may vary.
Loan without income certificates – banks
Some banks offer cash loans to clients without requiring many documents, including income certificates. However, you should not equate obtaining a loan without certificates and taking a loan without income. The fact that the client does not have to ask for the appropriate document to be generated by the HR services of his employer does not mean that the banks are not interested in assessing the credit situation of the loan applicant without certificates.
The following are solutions that allow you to reduce the risk incurred by financial institutions with the simultaneous benefit of a simplified loan granting procedure:
- loan with a statement of income – an option where the bank asks you to complete and sign a statement of income and provide an ID card. It can be reduced to providing the customer with contact details of his employer and providing information on the level of remuneration received. The bank, using remote communication channels, contacts the workplace to confirm the presented data,
- credit based on an account statement – a solution whereby the bank uses the customer’s bank account history and identity card details. The shortest credit procedure should be suggested by the bank where we have our main personal account. The facility, having access to the client’s full financial history, often prepares a loan or credit offer, |
- credit based on a PIT tax return – the bank focuses on the annual tax return as a source of data on the client’s financial standing. He also checks his ID card obligatorily.
Depending on the bank’s policy and customer service methods, it is possible to complete all formalities from the level of the electronic banking system user panel. Therefore, for some clients, credit without certificates seems to be available at their fingertips.
Loans without certificates – who if not the bank?
If, for various reasons, we are not interested in the loan offer of banks, let us note that a very large group focused on conducting similar activities are loan companies. A loan without income certificates, commonly called payday loans, is a loan with a short repayment period (e.g. 30 days), which can be associated with an even simpler decision path than for banks. The loan company may be interested in the level of our monthly salary. Some entities allow the possibility that the amount of receipts, which are to give credibility to the client, include not only income from work, but also other contributions to the household budget (such as profits from renting a flat or allowance).
It may happen that a given company has a slightly more restrictive policy of granting loans without certificates, and as part of the form provided to applicants for funds will post questions about the employer or a request for access to a bank statement. This is not a rule, therefore the most sensible solution will be to familiarize yourself with the offer of several companies. There are companies on the market that grant loans of a relatively small denomination (e.g. up to $ 3,000) without requiring anything but verification of personal data based on an identity card.
Facilities for clients
When browsing loan companies’ offers, you may come across the slogan “free first loans”. It is a proposal that competing entities try to attract new customers looking for an attractive loan offer without certificates. Such an offer can be a good, cost-free offer for customers who are convinced that they will not encounter problems with repayment of the liability amount within the set time limit, and at the same time want to take advantage of the opportunity to avoid fees and commissions.
The second type of facilitation that may appeal to people who do not feel too confident in completing formalities online is the visit of a loan company advisor to the client’s home. If we are interested in an offer to take out a loan without certificates, all you have to do is leave contact details on the company’s website and its representatives will contact us to arrange a visit at a convenient time for us.