Non-bank institutions specializing in offering clients financial products such as short-term loans do not require any income statements in many cases. The so-called installment loan without certificates is granted only on the basis of the borrower’s identity card and his declaration of income, expenditure or financial obligations. The main difference is that no formal income statement is required.
What is a earnings certificate?
The earnings certificate is a document certifying the source of income, seniority, frequency of remuneration payments or even the amount of salary, presented for informational purposes only. It is used primarily by banks, but also non-bank institutions – of course when granting financial products other than the so-called ID loan without certificates. This is an extremely attractive form for people who with current income would not have the opportunity to consider a loan or loan application in the bank.
Who is the loan for proof without certificates for?
Loans without certificates are usually used by people whose employment is based on civil law contracts (let us remind you that the Labor Code does not apply to these contracts) – a mandate contract or a specific work contract. Non-bank institutions also orientate themselves in this way to people who have income from sources other than work – they can be, for example, pensions, alimony or maintenance. A installment loan without certificates can also be used by people working in the shadow economy or the unemployed.
Growing demand, high granting
Evidence loans without certificates have been in high demand for a long time, which seems to be growing from time to time. This is not surprising – this type of loans offered by loan companies have not only attractive conditions for their target group, but are also characterized by a very high level of flexibility. As with other financial products provided by financial institutions, loans without certificates are granted for 30 or 60 days – depending on the arrangements of the company. When it comes to the maximum loan amount without certificates, it is usually PLN 5,000. However, this does not mean that we will not find a company providing short-term loans in the amount exceeding PLN 5,000 on the market.
Noteworthy is the fact that the level of granting loans without certificates is also very high. This is a direct result of the lack of a requirement to present a formal statement of earnings and an appropriate statement about your financial situation. This opens the way to installment loans, above all for people employed under civil law contracts, but also those working in the gray economy and the unemployed. Therefore, if we are not able to apply for a loan or a bank loan, it is worth reviewing the loan offers from non-bank institutions offering loans without certificates.
Where to take a loan as proof?
In today’s payday loans market, proof loans are a very common product. Lender companies are trying to outdo each other in facilitating the loan process to potential clients. An easy and quick way to take out a loan, without unnecessary formalities, entirely via the Internet, is undoubtedly a very attractive vision of withdrawing money. The application for such a loan is submitted completely online, without the need to go to a stationary company headquarters. This significantly speeds up the process of receiving payday pay. The additional fact of not verifying means that the payday loan can be directed to anyone – even when we have many debts to pay.
Despite the fact that this product is targeted at people in debt, we should keep some rules when choosing a company. It is worth checking the loan rankings. As a result, we will learn more about loan offers. Often, rankings also include free payday loans included in the promotion, which is the first loan, as well as customer reviews. Many of these companies will grant loans to us, even if we have no creditworthiness.
What exactly does no verification mean? This type of loan can be obtained even if we have an unfavorable credit history and we appear in popular debtors’ databases, such as BIK or KRD. We receive money in the same way as for other loans – it is therefore a transfer to an account (having an account is required to obtain a loan). Before taking out a loan, it is worth getting acquainted with the details of the offer, such as, among others, interest rate, amount range, installments, actual annual interest rate, repayment period (how many months), commission, interest, total loan amount or verification transfer and the related amount. One should not forget that we will be bound by a time limit set on the basis of the contract, which we cannot exceed even by a day. This is extremely important – all payments in the form of commitments should be settled within a set time.
In each of the companies listed below to submit an application, it is necessary to include in the form such elements as personal data, telephone number, e-mail address and bank account number, i.e. standard data provided when submitting such applications.
The loan for proof is available, among others, in such companies as:
Finbo – the loan is free, provided that we are the customer for the first time and the repayment will be made on time. In a few minutes, we can take advantage of the loan offer, which is up to PLN 10,000. APRC from 0%, because the company offers the first loan for free, at a cost of 0 PLN.
Solcredit – At Solcredit we will get a loan for up to 50 days, i.e. a period of almost two months. The maximum amount is 5000 PLN. If this is the first loan, the APRC is 0%, so the cost is zero.
Lendon – Lendon, in turn, offers loans for proof of up to PLN 6,000 for a maximum period of 45 days. APRC for a first loan up to PLN 3,000 is 0%. Therefore, the cost is also PLN 0.
Wonga – At Wonga, the maximum loan amount is up to PLN 20,000 for up to 60 months. In this case, the APRC is more than 0%, but the company offers one installment for free.
The form should contain such information as personal data, telephone number, e-mail address or bank account number, and of course, data from proof. A loan for proof without certificates is a quick help for people who also need cash. Often, companies that offer payday loans can be contacted around the clock. An online account loan can also be made at night, because the submission of an application and the issuing of decisions is entirely automated and works without human assistance. In some companies, you only need one SMS to submit an application. You can find more information on the websites of companies specializing in this type of loan.
Loan for proof in numbers
Quick proof loans are an increasingly popular solution – these types of services are already provided by many loan companies, especially in our country. Poland has a very well developed sector of non-bank loans, private loans are also very popular. . It is also worth realizing that the amount of interest is essentially no different from other non-bank loans. Of course, everything goes according to previous arrangements.
We should also remember that the cost of payday loan will vary depending on the loan period. The repayment period may vary and is often from 7 days to up to several months. We would not receive such funding in a bank. The final cost is influenced not only by the repayment period (e.g. number of months), but also by other elements such as loan amount. The offers are very diverse in this respect – in one institution we will get, for example, 2,000 zlotys for a few months, in another, for example, it will already be 3,000 zlotys for 7 days. The basic element that we should pay attention to is the APRC percentage – this informs us about the total cost.
When do we usually take a loan for proof?
Most often, a loan for proof is taken for consumption. Good conditions for late repayment, easy credit and quick access to cash make it easy to get such a loan. All you need is a verification transfer, personal data, phone number and we can enjoy additional money on our account. Very often, the slogans “take a loan in 15 minutes” turn out to be accurate, because the money can appear on the customer’s account even in a quarter of an hour, of which the verification transfer takes us a few minutes – we receive the money almost immediately. It is also worth specifying that loans are granted by banks, while online loans are provided by non-bank institutions. If we are looking for a loan on different terms, we should check other information – what are the bank’s offers.
Loan on declaration – what does it mean?
In many non-bank institutions, it is also possible to take out a so-called loan based on a statement. What does it mean? We can only take this type of loan on a written declaration in which we guarantee repayment of the sum drawn. You can find more information about this non-bank product in our infographic:
A certificate from the employer is not required
An online loan in this case does not require a certificate from the employer. In many cases, we simply do not want our employer to be notified of such funding. Let’s repeat again; To obtain such a loan, elements such as personal data, telephone number, personal ID details, e-mail address and bank account number are required. No requirement to show a certificate from the employer allows people who are employed in the gray area to take advantage of the offer.
Currently, the selection of ID cards is very wide. It cannot be concealed that we can choose this type of financing according to our strict requirements. You should remember only a few rules when choosing, such as the annual interest rate (APRC) or matching the loan amount to your financial capabilities. If you are considering taking out this type of loan, it is worth reviewing all available offers as widely as possible.
Other types of loans
Evidence loans without certificates are not the only type of financial product offered by various financial institutions. Other types are also available, such as installment loans. See other types of online installment loans so that you will know today’s non-bank market perfectly.
Evidence loans without earnings certificates are one of the many opportunities for potential borrowers. Therefore, it is worth analyzing various variants of online loans in such a way as to choose the one that is most suitable for you. Thanks to this, we will be able to not only receive a loan that meets our expectations and requirements, but also that is tailored to our financial capabilities. And this in turn minimizes the risk of insolvency. It is worth remembering when deciding to take a short-term loan in any company.
When borrowing these types of payday loans and other loan options, the so-called good borrowing rules should be applied. What does it mean? This means above all a sensible approach to any short-term loans. The question here is what characterizes a sensible approach. The first and most important step of such a loan is to verify your financial capabilities. The next step should be responsible compliance with the agreed repayment deadlines. Thanks to this, we are able to avoid many repayment problems.
Although all that is required for a loan is proof, this does not mean that we can use this kind of opportunity hastily. Too reckless use of loans can result in overlapping installments, from which it is extremely difficult to go straight. In such situations, it is worth using the so-called consolidation loan. Nevertheless, if we keep all the rules of good lending, this certainly will not happen to us. So let’s rethink the loan decision many times.