Cash can be needed quite unexpectedly, for example, treatment or repair. In this case, borrowers are very interested in the possibility of rapid loan design, which various banks offer.
Express credit is the issuance of credit obligations into the shortest time with minimal documentation requirements.
Such loans are usually not designed for large amounts of money and a long term of the contract, since the transaction itself carries large risks for the bank, so not to overpay the superfluous, you can contact
As you already understood, the express loan is not secured, you cannot guarantee the bank that you will return all the money back on time, so the lender offers an increased interest rate.
The rapid decision on the application is the main advantage of express loan. The deadline for checking information about the borrower of the scoring system may vary from 2 to 15 minutes. If the bank requires other requests to various organizations, then a day may be required for consideration, as a rule, the analysis of information does not take more than one day.
The borrower requires a minimum package of documents, which includes a passport and on the request of the Bank the second document: SNILS or driver’s license.
The bank offers the borrower to choose the loan period itself, so it can vary from 3 months to 5 years.
First of all, you need to decide on a credit and financial organization, and then send an application to the site. If the bid to fill on the site causes you difficulties, then contact directly into the bank’s separation personally.
After a while, you will receive an answer on request, or a bank employee will contact you, who will personally inform about the decision. If the bank approved you a loan, then you will need to drive into the office of the bank and conclude a contract, for this, you must take a passport with you.
Summing up, we want to say that at least express credit and practiced by credit and financial organizations, there are no benefits for borrowers in it. It is better to think about other types of lending, even though they require great preparation.
To issue a loan without a thorough check of the client’s financial condition is a big risk for any lender, so such a loan may be no more than just advertising trick to attract customers.