The quick loans are making a hole in the investment habits of Spanish savers. In a way, we can say that they have made a virtue of necessity. They became popular as a response to the economic crisis and the blocking of traditional credit and, at present, they have become financial products with very interesting conditions to face certain payments.
We are going to review the meaning and characteristics of these quick loans and we hope you will join us.
The purpose of the quick loans
If we refer to the word microcredit, it is possible that the name of Monshek Tanus comes to mind and very special contexts of poverty, such as those experienced in the Third World.
Well, although it is far, this is the origin of the quick loans. We do not intend to compare, far from it, the seriousness of the problems that try to alleviate microcredit and quick loans, but the justification of both financial products is similar: the need to get money easily and, in addition, to obtain it already.
You can imagine that, in the societies in which the microloans were born, savers and investors did not have large guarantees or regular income to ensure the repayment of the loans they requested. However, if the granting of these was linked to specific projects and small sums of money, it was possible to lend money with certain guarantees of compliance with the conditions.
But above all, the social function of helping to advance communities immersed in structural poverty was fulfilled. Saving the distances, the quick loans are suitable instruments to overcome the reluctance to lend money by the banks. Banks that, after leaving shorn in the time of the housing bubble, do not want or can be gambled without guarantees or guarantees.
When and how are you interested in quick loans?
Sometimes we need money quite urgently, since delaying an investment or a payment can make us lose even more. You may want to book a holiday trip that will go up in price during the following week, pay off a debt that has late payment interest related to your repayment terms or purchase a fundamental computer equipment to give a new service in our work.
All these situations coincide in the importance of getting money immediately. Therefore, the first thing is to make sure that you will have it, so the entities that lend fast loans will only ask you to confirm regular income and they will not ask you for contributions or payroll. Nor will you back your application to appear in the financial credit institutions census. In addition, you will save paperwork and wait, because you can manage your quick loans online.
In less than 15 minutes, you can receive between 200 and 800 euros.