Nobody will be surprised with an offer to get an instant loan. The decision to give a loan or not is taken almost in 20-30 minutes. At the same time, lenders have their own systems for quickly checking the solvency of a potential borrower. It’s the so-called scoring. The knowledge of the features of scoring allows the client to properly build their dialogue and receive money.
Formally, the system for recognizing a solvent client is structured so that a decision is made by an employee who does not have psychological contact with a potential borrower. But in reality, the credit inspector can put down notes in the client’s questionnaire that cross out all of his positive mathematical characteristics.
Age and Income – 2 Key Factors
You can get a fast loan only if you are 18 years old or older. In case, you are younger, you won’t be able to deceive the system and receive money online. The system of online lending is legal and you need to provide valid contact and financial information to get approval. You will be able to get a loan online after proving you are older than 18 and have monthly income allowing you to repay the loan.
What Steps Should You Make to Get an Instant Loan?
- Choose the loan term and amount on the loan calculator, this is convenient, and you can know the amount and date of repayment even before applying for a loan. Click the button “Get a loan”.
- Create a Personal Account – enter your email address, your mobile number and password. After that, messages with verification codes will be sent to your email and phone. Personal Account is the center of our cooperation. Here you can see the status of your loan, download the necessary documents, get the details for payment, earn bonuses and much more;
- Apply for a loan. Be careful when filling out each field of the application.
- Add the bank card on which you plan to get a loan. It is very important to enter the card number issued in your name, otherwise, the loan application will not be approved.
- Read carefully the terms of the loan agreement. When you click “I accept the terms of the transaction”, according to the law, this is equivalent to your personal signature on the Internet (electronic signature with a one-time identifier);
After the entire procedure is completed, the loan application will immediately be submitted to the loan specialists department for consideration. This will take up to 15 minutes.