Most people who want to take advantage of the parabank offer are looking for a loan to receive which you do not need anything except an ID card. As it turns out, among the so-called parabanks there is no shortage of companies that actually lend money only on presentation of their ID card. This document confirms personal data and citizenship, i.e. information that is necessary for the loan to be granted. It should be added that nowadays more and more companies allow the possibility of granting loans via the Internet. In this case, the borrower does not even have to appear in the branch of the company to present an identity document. You can scan it and then send it by email.
While the ID card is a document that is necessary in each case, only some lenders require a certificate of employment and income. In the vast majority of cases, people borrowing money from a parabank do not need to submit any documents other than an ID card. This significantly shortens the procedure for applying for a loan, and at the same time makes it available to those employed in the black economy.
Fast Loans are quick loans, which are handled by so-called parabanks. Currently, such companies can be found in virtually every city. They enjoy great popularity, primarily because the formalities that must be completed when taking payday loans have been kept to a minimum. Therefore, many people ask what documents are necessary to think about borrowing money from a parabank.
Some loan companies expect the client to provide a bank statement for the last few months. Such an extract is an alternative to the traditional income statement. The statement confirms confirms regular account receipts. It also shows how much we spend per month.
Where Can I Get An Uncredited Loan?
Parabanks use verification not only using an identity document and bank transfer, but also a special application. In order for our identity to be confirmed, you must log in to your bank account. The application will automatically download all the data it needs. A lot of people will ask here if this solution is not risky. It should be emphasized that such applications have very extensive security. Therefore, you don’t have to worry that your account access data will fall into the wrong hands.
Loan companies generally verify the identity of their clients using the identity card provided by them. The loan application must contain the series and ID number. It is often necessary to make a photocopy of a document, which is then attached to the application. If we borrow online, we must provide a scan of your ID card. However, this can be done via email.
Make a loan decision almost immediately
Everyone who is forced to borrow money would like to make a loan decision almost immediately. Meanwhile, the borrower must be patient. In the case of parabanks dealing with the provision of so-called payday loans, everything is done in a short time. Let’s see what customer verification methods are currently used.
Verification by bank transfer – This method of verification works great for quick loans. The lender asks the person applying for a loan to make a verification transfer. Importantly, this transfer must be made from an account owned by the person applying for the loan. It has the task of confirming our identity. So if it is made from another person’s account, it will not be accepted. The lender will only start processing the application once the transfer we have made has been on his account. No transfer means no chance for a loan.
What does Loan without Biku mean?
In the vast majority of cases, parabanks that provide payday loans do not expect the person interested in borrowing money to present a certificate of employment and earnings. As a result, payday loans are available for people working in black or employed on so-called junk contracts. For banks that grant loans, this simplified procedure is not an option at all. Therefore, many people do not have the slightest chance of getting a loan, even though they would not have any problems paying it back.
Payday loans are formalities that are kept to a minimum and must be completed. As a consequence, borrowing money does not require spending a huge amount of time to collect the necessary documents, fill out complicated applications, etc. Everything is done very quickly and efficiently, which is a great advantage of such loans.
Speaking of payday loans, one cannot forget that in their case the credit decision is taken surprisingly quickly. Most parabanks that grant this type of loan make a credit decision within a maximum of one hour. As a result, a person who needs money, who needs money is gaining it very quickly.
Payday loans have a huge number of supporters. This is no wonder when we look at the benefits of such quick loans. Let’s see why it is worth betting on payday loans and in what respects it exceeds traditional bank loans.