It is well known that it is difficult for people with damaged CI and active debts to get a microloan without failure with delays, because organizations are afraid of potentially problematic customers. The second point – whether the borrower has enough money to repay a new loan – depends solely on the level of income.
In this article we will figure out where to get a microloan with bad credit history and open arrears in the country.
Where they give a microloan without failure with delays?
You can get a loan with delays:
- In banks, in the online lending section. But you need to be prepared for high interest rates, requirements to provide certificates of employment income;
- Microfinance organizations give a microloan on a card with arrears, but the amounts usually do not exceed 10 thousand. This method is chosen by those who decide not to waste time on endless failures and paper running around;
- Private lenders. The main thing here is not to run into scammers and illegal immigrants. Therefore, it is necessary to check the availability of a license, real reviews and draw up a legal contract with clear conditions.
What documents are needed to receive money
To take a microloan with arrears online to the card urgently, you need to provide the data:
- Civil passport;
- Identification code.
Usually this list is enough for most of the current online MFIs. Some of them ask for high-quality scanned copies, the second half is satisfied with the information entered, because the information provided is thoroughly checked through the BKI and other information databases.
In large financial and credit institutions require in addition:
- About employment;
- About salary;
- About the presence of property in the property.
Why lender gives a microloan with bad credit history and open arrears?
Lender gives a microloan with open current arrears on the card to all vulnerable categories of people (students, pensioners, unemployed, debtors) for a number of reasons:
- Simple requirements that are easy for borrowers to follow;
- An adequate interest rate that allows you to make payments painlessly;
- The first loan at 0.01%;
- Three-day period without imposing fines;
- Affordable extension.
Lender provides assistance to people in cases where others refuse and become a reliable financial aid at the very moment when it is most needed.