Who does not know the problem: The personal financial budget is already tight at the end of the month and now of all times an urgent purchase stands in the house. For example, because the washing machine has unexpectedly broken down or an expensive car repair is pending. If the account is at the limit, this situation seems almost hopeless at first sight.
Because it is often not worthwhile to take up a conventional credit with the house bank, because such a high amount is not at all needed and the long-term obligation is not worthwhile – not least because each credit inquiry with the house bank is connected with an entry in the Schufa. This in turn means a worse credit rating in the future, if a (larger) loan is needed again. The solution then offers a loan with instant approval, as offered by many online banks.
What are the advantages of a loan with instant approval?
The biggest advantage that a loan with instant approval brings to the borrower is that the request for a loan can be processed within the shortest possible time thanks to standardized procedures. With many online banks, the commitment is already received after a few minutes, with others it can take a few hours. In any case, the process is much faster than at a branch bank, where credit requests can take several days – sometimes even weeks – to be reviewed.
The prerequisite is, of course, that the applicant has all the necessary documents at hand and makes them available to the financial services provider.
And almost as quickly as the request for a loan with instant approval is processed, the disbursement of the loan amount is also made. The money is at the latest within a few working days on the account. For particularly urgent cases, online banks also offer loans with immediate disbursement. Provided that the loan application is processed by a certain time, the payment can be made even on the same working day, but in any case the money is in the account in the course of the next working day.
For more information on how to handle the instant approval process, visit kreditmitsofortzusage.org; also for specific purposes.
And what about Schufa?
For consumers who do not want a loan with which they only want to bridge a short-term financial bottleneck to appear in their Schufa file, online banks also offer the loan without Schufa. Numerous financial service providers from abroad offer their services on the Internet. Since there are no credit agencies such as Schufa in most European countries, they neither request information nor have the loan entered there. However, they do not waive a credit check. For example, with these providers, borrowers must submit their salary statements to prove that they have a regular income.
Online credit: a flexible, fast solution
And also as far as the loan amount is concerned, the credit without Schufa offers flexible solutions. With some providers even five-digit amounts are possible. A credit in these dimensions is not worthwhile, of course, if only a small amount in a three- to four-digit range is required (then we recommend providers for the microcredit or small loan with immediate commitment). These small loans can then even be conveniently repaid in one or two monthly installments.