Monthly Archive: December 2019

Urgent loan online – Money instantly in the account

In situations where very fast financial support is important, an urgent loan is immediately the means of choice. The main thing here is a quick loan approval and an equally quick loan payment. With Best Bank you will find out within a few minutes whether you will get a loan. In addition, the express credit is ready to be paid out within 24 hours.

When it comes to an emergency loan, speed is what counts most. At Best Bank, you are assured of this along with a host of other advantages:

  • Request an express credit online free of charge and without obligation
  • Fast processing of your loan application – without any fees
  • Apply for an express loan without paperwork – bureaucracy is a thing of the past
  • After an immediate approval, the express credit can be ready for payment within 24 hours
  • Flexible conditions and free choice of term
  • Lightning credit for all purposes, in all situations

What is an express credit?

What is an express credit?

In the case of an urgent loan, there is only little time between the loan application and the payment of the loan amount to the applicant. This quick processing is possible because an emergency loan at Best Bank does not require any paperwork. In cases where a loan is needed immediately, lengthy loan requests, such as those that occur with traditional banks, are not a good alternative. Instead, it is advisable to apply for an express credit online from Best Bank. If your loan application is approved, you will receive the confirmation within a few minutes, so that the urgent loan is ready for payment within 24 hours. With a loan from Best Bank, loan seekers can get their money quickly.

Credit amount via direct transfer directly to the account

Credit amount via direct transfer directly to the account

The very quick inquiry process at Best Bank guarantees you an urgent loan with immediate payment in the event of a promise. After 24 hours, the loan amount is ready for payment and, thanks to the instant payment, goes directly to your account. Therefore one speaks of a direct loan. You can use the loan as you wish, because the money is not tied to any purpose and is at your free disposal. This means that Best Bank guarantees you maximum flexibility with your express credit and with all other types of credit. Incidentally, this also applies to the conditions of our personal loans. You can conveniently choose the term yourself when applying for the express credit online. Our loans can be financed over a period of between 12 and 84 months.

A dream loan can wait, an urgent loan cannot

A dream loan can wait, an urgent loan cannot

The loans that are brokered through the Best Bank credit marketplace are always general-purpose loans. For borrowers, this means that the loans are available for free use and are not tied to a specific purpose. This financial freedom enables private individuals to fulfill long-awaited wishes or dreams that would never have been possible without borrowing. Such dream loans are often used for vacation on installments or PC financing. An immediate acceptance is of course practical here, but not a requirement for many people.

In many cases, there is also another motive behind a loan application, which makes an immediate loan approval indispensable. Because sometimes everything just comes together. An important household appliance that is in daily use suddenly stops working and, to make matters worse, the car does not start the next morning. The next salary receipt is far from in sight. To bridge such a financial emergency, an emergency loan from Best Bank is the perfect solution. A small loan, which you can apply to Best Bank from $ 1,000, is usually sufficient. The application takes only a few minutes and can be made conveniently from home. The broken car can be forgotten while you wait for your loan decision. After positive feedback with immediate approval, the loan payment is then only a few hours away.

Urgent loan without credit bureau? Urgent loan despite credit bureau!

Urgent loan without credit bureau? Urgent loan despite credit bureau!

People with restricted creditworthiness are often looking for an urgent loan without credit bureau with immediate payment. “Loan without credit bureau” sounds tempting, but can often involve hidden dangers that you should be aware of before accepting such a dubious loan offer. An express loan without a credit check is generally very critical. Ultimately, a credit check is designed to protect the borrower from taking out a loan that he cannot repay.

You do not want to apply for a loan from your house bank because of your low creditworthiness and you were advised against urgent loans without a credit check. Do you have to forego financial support now? The answer is no, because there is the Best Bank credit marketplace, which can be used to apply for urgent loans online. With our express credit, immediate payment is the principle despite credit bureau. The loan amount is ready to be paid out after only 24 hours, provided you have sufficient creditworthiness.

A low credit rating does not automatically mean that you have to do without financial support. With us, you as a borrower will be assessed using a comprehensive system that, in addition to credit bureau, is based on up to 300 additional credit information to pre-check your creditworthiness. The financing decision is not made by the bank, but by Best Bank’s private lenders. Instead of stiffening up on the express loan without credit bureau with immediate payment, you should try the express credit despite credit bureau at Best Bank. Compared to the other options, Best Bank offers you better conditions, maximum flexibility and saves you a lot of trouble. Every credit request is non-binding and free of charge and is processed quickly.

This type of loan is one of Best Bank’s loans in difficult cases. This is also granted to groups of people who have little chance of getting a loan, let alone an urgent loan, from their house bank. This includes, for example, employees during the probationary period, families on parental leave or people who cannot provide classic proof of income. With Best Bank, however, an express credit without proof of income is also possible with sufficient creditworthiness.

What loan seekers ask who need money quickly

What loan seekers ask who need money quickly

Can an instant loan be provided for everyone?

Yes, since Best Bank is an emergency loan from a private person, everyone has the chance to make a positive loan decision – even private individuals with less than ideal credit ratings or groups of people who often have little chance at the bank. These include, for example, the self-employed, employees with fixed-term contracts, students and trainees. Simply submit a free credit inquiry for an installment loan without obligation and within a few minutes you will know whether your credit request will be fulfilled as an instant loan.

Is an express loan with immediate payment possible without proof of income?

Even if you are in an employment relationship and have an income, you cannot always provide classic proof of income. This affects, for example, probationary workers, the self-employed and freelancers, people on parental leave, students and trainees. These groups of people traditionally find it difficult to obtain a loan without proof of income. The situation is even more difficult for loan seekers if the loan amount is also needed as quickly as possible.

Because with banks, processing takes a lot of bureaucracy and time from the application for the loan through the credit check to the approval and payment of the money. With Best Bank, however, it is not a question of individual factors such as credit bureau or proof of income. We consider the overall situation of the individual. It is therefore quite possible that an emergency loan with an immediate payment can be financed by Best Bank lenders without proof of income and that the money can be used quickly thanks to the immediate payment.

Can an immediate payment be guaranteed in the case of an express loan?

Time is money, which is why many people are looking for an instant loan. The rapid loans from Best Bank are characterized by their quick settlement – in the interests of the loan seeker. There are usually only a few hours between applying and paying out the online loans. After a successful preliminary check of your credit rating, you will receive an immediate acceptance. In order for the loan amount to find its way to your account as quickly as possible, we recommend that you submit all required documents digitally and do not send them by post.

If you identify yourself online via the webcam of a PC, laptop or smartphone, you can also speed up the process of loan processing and increase your chances of an emergency loan with instant transfer. PostIdent offers an alternative to VideoIdent, which means a way to the post office and a longer process. If you submit all documents online, nothing stands in the way of an immediate payment and your express credit can be ready for payment within 24 hours.

Are there any higher fees if I am in a hurry with my credit?

The Best Bank credit brokerage platform offers applicants transparent terms for all installment loans. It does not matter whether it is a classic online loan or an emergency loan. Just because you are in dire need of financial support, you don’t have to pay higher fees at Best Bank. First, online registration is required to be able to apply for a loan.

From registration to the determination of the Best Bank score, which can be used to make an initial assessment of the creditworthiness of potential borrowers, there are no processing fees. If your urgent loan can be financed and you decide to accept the loan offer on the terms, a small commission fee of an average of 3.5% of the loan amount (depending on the loan term and credit rating) will be charged. However, these costs are already included in the monthly repayment rate of your loan.

Does a fast loan influence the terms of the loan offer?

If there is a loan agreement, the loan amount, loan term, loan interest and the monthly repayment rate are recorded. You know best how much money you need. You can also determine the term of your rush credit yourself. The interest rate that we submit to you as part of the loan offer depends on the credit rating. Thanks to our specially developed Best Bank score, we can rate these and then determine the interest based on them.

The monthly repayment rate of your installment loan then results from the loan amount, the term and the interest. The conditions depend on the creditworthiness of the applicant and not on the type of loan. Whether you choose an express loan, a quick loan or another type of financing at Best Bank does not matter and does not affect the conditions that we and the private lenders offer you.

Why apply for a personal rush credit from Best Bank?

Why apply for a personal rush credit from Best Bank?

There are many good reasons to apply for an express loan online from Best Bank. As the German market leader in P2P lending, Best Bank is the first address for private loans. Since 2007, the credit brokerage platform has already brokered over 150,000 online loans from private to private.

Thanks to the innovative Best Bank scoring, those who have been rejected by banks due to a lack of creditworthiness also have the chance of a positive loan approval. Because at Best Bank it means: All for one. The biggest advantage is that the request for a rush credit without paperwork can be processed completely online and within a few minutes. If your urgent loan can be financed privately, you will receive an immediate commitment. The loan is then ready for payment within 24 hours and is instantly on your account.

Even small loans can cause large debts – Loan Consolidation

Loans are nothing special. At present, one in three American citizens has an active loan. These include mortgages, hire purchase, car leasing, credit cards and building society loans. Paradoxically, while mortgages and multi-million crowns are usually repaid properly and on time, small loans are often a problem. How is it possible?

Negotiating a small loan, such as microloans, payday loans or other smaller non-bank loans, is very easy and fast. Unlike a mortgage, where the income is documented, carefully checks the creditworthiness of the client and the administration takes quite a lot of time, for small loans, obtaining funds is often only a matter of moments.

This makes small loans easily available. And because these are small amounts, such a loan comes to people at risk. However, it is precisely in the ease of execution that their dangers lie.

Frequent execution due to small loans

Frequent execution due to small loans

The Counseling Center for Financial Distress states that up to 85% of executions concern loans up to $ 10,000. There are several reasons why people are not paying off such low loans:

  • People have more loans and simply do not orientate in their repayment. If they do not have a standing order in their bank, they can easily forget one of them. While for mortgages, the bank usually “deducts” the amount from its account, for smaller loans nobody will.

 Several credit cards are enough and it may happen that some installments are easily forgotten.

  • People take a small loan to pay another debt. However, they are getting into a debt spiral, from which they also do not have to get out. With this procedure, it is highly unlikely that the debtor’s financial situation will suddenly change, and it can be almost confident that he will have the problem of paying off a new debt just like the old one.
  • People’s financial literacy is generally improving. Yet there are those who cannot calculate what their overall budget will “carry” and what they do not. A low credit, where the repayment is in the hundreds, does not place a disproportionate burden on the budget. This is certainly true, but if several such loans come together, it may already be a problem.

In general, while mortgages and higher loans are carefully thought out, smaller loans do not. And this leads to problems with their repayment. On the other hand, the statistics of the Non-Bank and Banking Register of Client Information for the second quarter of 2019 indicate that the total debt of the American population increased to $ 2.38 trillion, but the Americans are better off.

The number of debtors decreased in both long-term and short-term loans. While long-term loans are already a long-term trend, short-term loans show a more significant reduction in the number of debtors only less than a year back.

Solutions in the form of refinancing or consolidation

Solutions in the form of refinancing or consolidation

Conditions in the banking and non-banking markets are constantly evolving and changing. In this context, of course, there are different offers of loans at different times and it may happen that one undertakes to repay the loan under conditions that appear to be quite disadvantageous in a few months or years.

You can reduce your monthly installments and thus save money by refinancing. It is essentially an early repayment of an existing loan through a new loan. The applicant applies for a different bank than the one in which he has the original loan. It is advantageous for both parties – the bank gets a new client and the client usually gets more favorable terms.

A situation where one is bothered by repayment of several loans at the same time and ceases to orient in them will be solved by consolidation. It is a combination of several loans into only one loan. Usually this saves the client again, at least on the fees for individual loans. Debt from banks and non-banking institutions, credit card debts, overdrafts or leases can be included in loan consolidation.

Both consolidation and refinancing cannot do without sufficient examination of the applicant’s financial situation. The client’s income and overall creditworthiness are usually assessed.

Loan for all: Will they lend me somewhere even if I have no income?

Any of us can get into an unfavorable financial situation from day to day. It is enough for us to come up with an imaginary Black Petr in mass dismissal or we are troubled by a bigger illness and the family budget reacts immediately.

What to do if long-forgotten financial savings run out? Who to contact for help? And will he even lend you somewhere without a stable and sufficient income? What to do if I have no income ? We will try to answer these and many other questions with the following article.

Loan for all

Loan for all

If you were the first to head for a bank loan, do not expect much success. Here, they most likely reject your loan application. There may be several reasons for this, but the most important thing will be your lack of income.

However, you may be more successful with non-banking companies offering a variety of financial products. One of them may be a loan up to USD 10,000 without proof of income. It should be noted that this amount can often pull you out of real problems.

Where can I get information?

If you do not know how to choose a suitable non-banking company and do not want to subscribe to usurers, look for information.

You can read about how to choose the right loan or a particular company on many internet servers, but you can also go into free discussions. Here, their knowledge and experience are exchanged especially by the debtors who have already committed themselves to a loan and then evaluate its soundness.

How not to fly even when I have no income?

How not to fly even when I have no income?

Choosing the right product is often very difficult. To avoid swindlers, follow at least some basic advice

Never pay anyone in advance, read the contracts thoroughly, and sign only what you really understand, pay attention to the due dates and do not withdraw the loan only according to the amount of interest. Rather, focus on the APRC, which includes not only the interest but also the fees associated with the loan.