More and more Poles are convincing themselves to quick payday loans, deciding to take out a loan from a financial institution, treating it as an alternative to a bank loan. It is certainly influenced by the speed of receiving money to your account and simplified procedures for granting loans. However, these are not all the advantages that distinguish a non-bank loan from other financial products offered by traditional banks.
The main advantages of non-bank credit
A bank loan is definitely worth considering when you need more money. Rather, we will not be able to finance the purchase of an apartment using the offer of a financial institution, but when it comes to unplanned expenses, payday pay is an ideal form of support. The main advantage of a non-bank loan is that we can receive money on the same day. The whole decision-making process is simplified to a minimum, so in many cases, after accepting the loan application, the cash will go to your account in a few minutes. What distinguishes payday loans from banking products is also the fact that people who have no chance of getting a traditional loan can use the offer. Although companies such as Happy Jaisah can check their clients in debtors’ bases, they do not require additional income or citizenship certificates.
For this reason
Non-bank loan can also be used by people who are not employed under an employment contract. A student, freelancer or unemployed may apply for a payday loan, because income from all sources, not only those from employment, is taken into account. You also have to remember that in most financial institutions the first loan is for free, so we only pay back the amount we actually received, without any additional fees.
One non-bank loan, many possibilities
People who decided on a loan can spend it on any purpose. This solution will definitely work in a situation when the household budget is running out of money and there are still a few days left to pay. Also unexpected expenses can be financed with a non-bank loan or simply the money received can be used for your own pleasure. Loan companies do not verify what has been financed with payday loans, but you should remember about timely repayment.