A fast online payday loan is part of today’s banking business as a matter of course customer service. Not only direct banks attach importance to a good ranking in the comparison portals, also many top deer with branch network appear there. When signing up for a loan, it’s important to make a distinction: does “fast” actually mean the money must be in the bank account the next business day? Even that is possible today, but lightning loans, instant loans and similar named products are usually much more expensive compared to a normal installment loan. If the lender has time for a more extensive credit check, interest rates will fall.
Insert the credit card for short-term payments
Most consumers know about their financial obligations in due time before the due dates. With a bit of discipline, cash receipts and outgoing payments can be well coordinated. Even with surprising repairs or new purchases, the invoices do not always have to be paid immediately. Of course it can happen that it does not “fit” in a month, but the resulting need for credit is foreseeable in time. Payments by credit card are ideal in this case, as amounts up to the card limit are interest-free until the next billing. If short phases are to be bridged, perhaps the credit line is sufficient. Banks usually give workers with regular wages or salaries a one to three months salary as a dispolimit. That should be enough for washing machine or car repair. Although the interdealer, at almost 10% interest on average, is expensive for the German banks and savings banks, for a short period of time this is not very much in absolute terms. For just under two USD you can be at a rate of 10% a whole week with 1,000 USD in the minus. However, with the next salary, the account should be cleared again, so that the Dispo for any further emergencies is available again.
Installment credit in the digital application process
If you can foresee that you need longer to repay, look for a regular installment loan. Also, that is available as a fast online payday loan. Simply by filing a request with a work contract and salary statements, you can save a few days on the mail. The credit check is also largely automated. Agree to the credit bureau clause, even if you count on registered negative features. Without credit bureau there is no credit for domestic banks anyway, apart from the above-mentioned possibilities credit card and Dispo, which are registered only flat rate. By releasing the credit bureau data, you prove that you have nothing to hide, even if there is a need to talk about one point or another. A loan without credit bureau exists only abroad or by private donors. Even there, your creditworthiness is checked, and yet the loan without credit bureau is usually more expensive than an offer despite credit bureau.