What does the personal loan consist of?
The personal loan, unlike the finalized one, does not involve any obligation or constraint for the use of the sum.It is, therefore, an amount that is granted directly to the applicant and that can be used for any purpose at will loan places near me no credit check.
The monetary resource that is granted through the personal loan does not in any way bind the customer, who can instead use it in absolute freedom. If the money of the finalized loan requires an intermediary, for the personal loan instead, the sum is deposited directly into the applicant’s current account.
Obviously, even in this case, the credit institution reserves some time to assess the applicant’s situation and to understand if it can grant him the loan.
As a guarantee for the personal loan, it is important to present a pay slip , or, in some cases, it is also possible to refer to the figure of a guarantor , who takes over if the applicant is in difficulty and is unable to pay the loan installments.
Through a series of documents, the credit institution also verifies the reliability of the guarantor and reserves the right to decline the granting of the loan, should any anomalies arise. In general, it is important to know that the amount to be returned may have some variations due to interest rates.
no restrictions on the use of money
it is obtained from any financial institution
the money is credited directly to the applicant’s current account
a paycheck is required for the concession
it is possible to request the intervention of a guarantor
the money returned will have to take into account interest rates.