Want to make a quick cash loan without a survey? First, prepare the main conditions for direct submission. Check out the requirements and tips to get your application rejected!
For those who have already applied for a bank loan, it may have been a very complicated process as banks usually do the survey first. Especially if you are applying for a home loan or a multipurpose credit that has a collateral assessment process. With the survey, the loan process will definitely take a long time. What if we really need an emergency fund? You can’t wait any longer. But is there a quick cash loan without a survey? Of course, there are.
A quick cashless loan without a survey can be obtained through online loans. By applying for a loan online, there is no survey process like a bank loan without a loan or a multipurpose credit provided by a bank. This is because of all the quick cash lending processes without online surveys. From filing to disbursement. Before applying for a quick cash loan without a survey, it’s best to know some of the advantages and disadvantages to be aware of:
Easy Submission Process
Since quick cash loans without surveys are done online, the process of applying is easier. You can apply anywhere and anytime without having to come and queue for hours at the lender’s office. With just a few gadgets and internet networks, you can apply for a quick cash loan without a survey.
But remember, make sure your internet connection is stable and secure. Don’t make it when you apply for a loan, the process is interrupted due to internet connection due to slack.
Quick Funds Disbursement
You need to know about fast cash loans without a survey conducted online, the process of disbursement of funds very quickly. This is because all of the data and documents provided are already digital so the submission can be processed immediately. Alternatively, applying for a loan without a loan or a multipurpose credit that requires you to provide physical data is not a scan.
As the name implies, unsolicited fast cash loans do not require a guarantee for a loan. That way you don’t have to worry about valuing your valuable assets like home certificates, land, buildings, even ECPB (Motor Vehicle Ownership Book). Usually people are reluctant to apply for a loan if they know they are required to provide a guarantee.
As mentioned earlier, this type of loan does not require a survey process such as coming directly to the borrower’s office or home. The lender just needs to go through the data verification process over the phone. Therefore, you will need to provide an active and contactable phone number at all times as many cases of fast cash loan applications without surveys are rejected because the given phone number cannot be reached.
Conditions Not Slick
Fast cashless unsolicited cash loans also have unmatched requirements like other types of bank loans. This is what makes this loan so popular with the general public. That way you don’t have to worry about preparing a lot of terms and documents.
Limited Loan Nominations
Unfortunately, unsecured quick cash loans have only a limited number of loans or loan plans. If unsecured credit or multipurpose credit can lend you up to hundreds of millions of dollars, a quick cashless survey can only give you 24-hour online loans up to tens of millions of dollars. The average loan amount is only $ 20 million to $ 3 million.
Short Term Loan Duration
The loan term provided by a quick cash loan without a survey is very short because it is less than one year. This is because the loan amount given is not so large that it doesn’t take much to pay the installment. Typically the timeframe ranges from 90 days (3 months) to 180 days (6 months).
The interest rate provided by a quick cash loan without a survey is higher than other types of loans. The factors that make this fast cash loan without this survey have high-interest rates are due to the relatively low loan numbers and short term loan duration. Interest rates are also based on the policy of fast cash lending providers without surveys and are not dependent on market interest rates.
Suspicion of Online Fraud
In fact, one of the biggest drawbacks of unsecured quick cash loans is that they are vulnerable to online fraud. You must have heard the news about the online scams of the people. But this risk can be avoided by choosing a lender overseen by OJK (Financial Services Authority) to be safe and trustworthy. One of the loan providers that oversees OJK is Prospero.
Major Terms of Quick Cash Lending Without Survey
For those of you who want to make a quick cash loan without a survey, there are five basic requirements that you must meet:
The first requirement that you usually have to provide is your ID or Resident Card. This ID is intended to indicate that you are a citizen of Indonesia old enough to be able to apply for a quick cash loan without a survey. Although there are basic ID requirements, you must also meet the minimum and maximum age requirements. Minimum must be 21 years and maximum 65.
Have a Fixed Income
Next, you need to have a fixed income each month. Usually, there will be columns of data that require you to fill in your current job status as well as the monthly earnings you have. The type of job you do is not a problem in fast cash loans without a guarantee as long as you have a fixed income. But never fabricate your data! You have to fill it out properly and honestly because if you find that you are filling in the wrong personal data, then the provider will immediately put you on the blacklist.
In addition to having a fixed income, you will usually be asked to include a payslip document when applying for a fast, unsecured cash loan. Then what if we weren’t regular employees? If you are a professional or entrepreneur, you can include a bank account or photocopy of your savings book for the last three months as your financial statement to the lender. You can also give the Annual SPT.
Personal Bank Account
Lastly, there is a requirement to have a personal bank account. Why can’t you use someone else’s account? This is intended for providers to easily synchronize or verify data.
These are some of the key requirements that a fast cash lender often offers without a survey that you can prepare before applying. But remember, always remember to always do careful calculations and read the terms of the lender carefully. We hope you can get a quick and easy cash loan without a survey!