The vast majority of lenders do not require proof of income. The only document you need to grant a payday payday is your ID card. However, really often in the loan application there are questions regarding monthly revenues. When completing such an application, you need to think carefully about all the sources of income we have. It is not only about the salary for the work performed, but also the profit we get from renting the flat or the maintenance received every month. However, false information must not be included in the application. It should be remembered that we have to return the money lent to us within the time limit specified in the contract. If the amount we intend to borrow seems too high, we have to take into account that the parabank may expect to document its income. In many cases, however, it is enough to provide an account statement for the last few months.
When going to the bank for a loan
We can be sure that the certificate of earnings is among the required documents. In the case of payday loans provided by parabanks, this is not so obvious. The vast majority of loan companies do not expect their clients to present an income certificate. This is a great solution because it allows you to lend money to those who work black or have a junk contract, and thus have no way to document your income. No need to provide such a certificate is also a huge time saver.
Payday loans are a good solution for everyone who needs cash and who do not have a good chance of getting a loan from a bank. Instant loans are associated – and rightly so – with a quick credit decision and formalities that have been severely limited. However, the question arises as to what payday grants can accept when it comes to the income of a potential customer.
What Better Loan Is A Loan?
Many people ask why an ID card is required to receive payday pay. It should be clearly stated that the loan agreement cannot contain data such as the number and series of the ID card. Only then is the contract between the lender and the borrower valid. Meanwhile, on other documents – be it on the driving license or passport – in vain to look for information on the number and series of the ID card. Therefore, the lack of an ID card closes our way to receive payday loans.
Identity cards are required by payday loans companies not only because of the number and series that must be included in the loan agreement, but also because it is a document that states the legal age of the person applying for the loan. It should be strongly emphasized that payday loans can only be granted to adults. So if you do not have an ID, the payday service is out of our reach. Therefore, an ID card is an absolute basis.
Payday loans are instant loans, the popularity of which is now really huge. This is due, inter alia, to a very short, simplified procedure for granting this type of loan. Many people ask if the payday fee can be obtained by presenting as an identity document not an ID card but a driving license.
If we do not have an ID card – be it due to its loss or waiting for a new one – unfortunately we will not take out payday loans. Parabanks require only an ID card as an identity document. By presenting only a driving license, we will not be able to confirm our identity. What’s more, remember that your ID card must be a valid document on the day you apply for payday payday loans. So if it has expired, we can forget about the overnight payday.
Where are loans for those in debt?
In the vast majority of cases, parabanks that provide payday loans do not expect a person who wants to borrow money to provide a certificate of employment and earnings. As a result, payday loans are available to people working without a contract and employed under civil law contracts. For banks that grant loans, this simplified procedure is not an option at all. Therefore, many people do not have even a small chance of getting a loan, despite the fact that there would be no problems with its repayment.
Payday loans are really small formalities that must be completed
Consequently, borrowing money does not require spending a huge amount of time to gather documents, fill out extensive applications, etc. Everything is done very quickly and efficiently, which is a great advantage of payday loans.
Payday loans have quite a few followers. This is not surprising when we look at the advantages of this type of quick loans. Let’s see why it is worth choosing just payday loans and in what respects it is better than classic loans granted by banks.
When we talk about payday loans, we must not forget that in their case the credit decision is taken almost immediately. Most parabanks that grant this type of loan make a credit decision within a maximum of one hour. Thanks to this, a person who needs money gets it very quickly.