You have several projects in mind but nothing definite and do not know yet how to finance them? This article is made for you. We show you how to obtain a payday credit without proof to realize your dreams, even the wildest and especially not to ruin you. http://ilfarodellavita.com/payday-loans-consolidation-request-consolidation-loans-to-pay-off-payday-loans/ has more notes
There are many reasons for individuals to borrow money. A good project can be at the origin of the loan, if for example the purchaser decides to buy a new car, to redo his cooking, to go on a trip or to change furniture. But other projects can also be the source of credit. And it is sometimes difficult for the borrower to know exactly how he will use the money.
Subscribing to a consumer credit is the fastest way to get money from a financial institution. An effective way to avoid having to wait to save the desired amount. Since July 1, 2010, consumer credit is governed by the Lagarde law which avoids the risk of indebtedness in individuals who subscribe.
The consumer credit is a loan category that is particularly characterized by low amounts (no comparison with a mortgage for example where the amounts will be much higher) as well as a relatively short duration, not exceeding a few years (there also the clearest difference is with real estate loans whose loans are between 15 and 30 years). You will understand, it is impossible to subscribe to a consumer credit if your project concerns a real estate purchase.
It is established between a financial institution (the lender) and a borrower. This is an important step that binds both parties and commits them. On the one hand, the financial institution agrees to lend money to the borrower and on the other side the borrower who undertakes to repay the amount borrowed as well as interest.
If you decide to take out a consumer credit with a lending institution, you will have to sign a contract. Be sure to check that several pieces of information are included, such as the identity of the lender and the borrower, the address of both parties, the type of consumer credit subscribed, the amount of the credit, the conditions for making funds available. , the maximum duration of the credit, the periodicity of the installments, the annual percentage rate of charge and the existence of the right of retraction are the main information which must imperatively be specified on the contract which binds the borrower and the bank.
As stated in the previous paragraph, a consumer credit always has a right of withdrawal. This means that the borrower has the option to retract for a period after the loan subscription. The right of withdrawal is valid for 14 working days from the day after the signature of the loan.
Please note that during the withdrawal period, borrowed funds have not yet been released. However, it is possible to obtain a shortened withdrawal period in order to unlock the funds more quickly. The withdrawal period will be at least 7 days, regardless of the loan.
There are different types of consumer credit. We often talk about credit allocation and unrestricted credit.
When subscribing to an assigned credit, the amount, duration and repayments due are known in advance. As a rule, this type of credit is directly subscribed at the point of sale during a purchase, for example a vehicle or in a travel agency. The appropriation allocated will be granted for a period of more than three months and for an amount of between € 200 and € 75,000.
Other type of consumer credit: the unallocated loan. If you want to opt for a payday credit without proof, then the unallocated credit is ideal for you. It allows you to dispose of your funds freely and use them as you wish, whether for planned or unplanned expenses. This type of loan has the advantage of being generally more negotiable than an assigned credit and you have absolutely no need to justify its use.
The best known unrestricted credit is the personal payday loan. Attention, the personal payday loan is granted only if you know the desired amount. If you do not know yet what will finance your personal credit without proof, make according to your income so you do not get into debt. The amount borrowed is fixed and determined upstream of the subscription. A specific amount is granted to you according to your capacities of refunding and once the loan obtained, to you expenses, without justification.