Instant loans are actually not particularly popular with borrowers, because the banks can pay the increased approval and payment by higher interest rates (and not infrequently higher fees). Nevertheless, instant loans are surprisingly often requested. There are two reasons for this: On the one hand there are always emergencies in which you need fast money. On the other hand, you can often get an instant loan without any credit rating. There are three common approaches: The right arguments in conversation with a bank, the search abroad or the involvement of a credit intermediary.
Get an instant loan from a bank
Actually, one understands something other than a bank including, if you want to get an instant loan . If it were up to oneself, then it is foreseeable that the protection association for general credit protection would probably not play any role in lending. This is not one of the well-known banks. But what you can hope for is that the bank ignores the possibly negative entry in the credit and the new loan only to the credit reports. This requires an excellent credit rating. The better your own income situation, the greater the chances that the bank will ignore the credit entry. It should be noted that the income situation on sight, of course, also demonstrably good.
Get an instant loan from a foreign bank
Anyone who has had no success in his quest to get an immediate loan can also look abroad in this regard. The possibilities are numerous, as many financial institutions have discovered the customer potential of people with a weak credit entry. If it is to be an instant loan that you are looking for, then you should contact one of the direct banks, often referred to as internet banks. This means that these financial institutions operate exclusively in the network – at least on the financial market. The advantage for the borrower is that he gets a loan even faster, because the digital communication is faster than the postal. Before deciding on one of the internet banks, you should first check their reputation on the net to make sure that you get a reputable provider.
Get an instant loan through a credit intermediary
The last option is to engage a credit intermediary looking for an instant loan that can be obtained without credit. The credit intermediaries are specialized in such matters and have the necessary contacts in the financial scene to get exactly these loans as well. Often, these loans are again loans that originally came from abroad. The disadvantage of having to engage a credit intermediary, however, is obvious: Since these people work, they logically want to earn. This makes the loan more expensive for the borrower. When looking for a loan broker you should therefore make a price comparison and absolutely make sure that this works without prepayment. This is considered dubious in the industry.