On average, every third loan application is rejected by the bank, which means that 1/3 of people applying for money is left with nothing. In such situations, non-bank forms of borrowing, including loans for proof, are the salvation most often. They are available without many formalities, very quickly and usually without the need to provide a statement of earnings.
Differentiator against the background of others
A special feature that distinguishes them from other products of this type is that to obtain it you only need to present an identity document and … nothing more. Loan companies very rarely require additional documents, work certificates, evidence of bills paid or even a permanent source of employment. Such an easy-to-obtain loan for proof of minor flaws: a low maximum loan amount and usually short deadlines for paying off your total liability.
However, this does not prevent many people from applying for this type of loan. They appreciate the speed at which the application is processed and evaluated, as well as the rapid processing time of the cash withdrawal order. Money can be in the borrower’s account even within a few minutes. The simple form of contracting, which is most often done online, is not without significance. And this means that loans for ID can be taken from virtually anywhere in the world: all you need is network access and a bank account.
Adults for a loan
It is also worth knowing that while other types of loans and borrowers set a number of requirements for the borrower, those given as proof may be taken by up to eighteen-year-olds who became adults on the same day. This is an interesting option for young people who want to, for example, build their positive credit history for the future. Taking a loan and paying off – even within a few days – will allow you to sign up for BIK as a trustworthy borrower, who in the following years should not have problems with taking a loan or even buying a TV in installments.