Going on holiday, celebrating a birthday, replacing a household appliance … the personal loan remains a solution of choice to finance your short-term cash requirements. Here are some tips to get a quick personal loan.
Go through a personal online loan comparator
You have neither the time nor the desire to go around the banks? No problem. Specialist websites exist to compare the offers offered by the lending agencies and thus have a range of possibilities and prices.
But these platforms are not just the simple comparison of the APR, that is the annual percentage rate of charge that gives the total cost of your credit. They also allow you to get an accurate idea of the qualitative aspects of each personal loan offer: application fees, repayment period, early repayment indemnities (IRA) …
Thanks to these comparators, you can also inform you about the period of credit granted by the banks without having to go to their site; which saves undeniable time. And you are sure to find in a few clicks the financing solution best suited to your needs.
Perform a personal loan simulation
Before you commit to a loan, whether it be a home loan, a car loan or revolving, consider checking your repayment capabilities. Subsequently, go through a personal online loan simulator. This tool allows you to quickly calculate the amount of the total cost of the credit, the monthly installments to pay or the duration of repayment. Be aware that an online simulation is completely free and does not commit you in any way. You will then be wrong to deprive yourself of it!
Well prepare your funding file
Despite historically low rates, landing a personal loan is far from a formality for many borrowers. So, to put the banker in your loved one, show yourself in your best light. In other words, make the most of your funding. For example, avoid payments and overdrafts in the 3-6 months preceding your credit application.
Regarding the documents to be attached with your application, you must provide:
3 last bank statements,
3 last payslips,
A proof of identity …
This is of course a non-exhaustive list, do not hesitate to consult the lender’s site to know all the specifics of the offer.