There are projects that cannot wait. To ensure that you get a quick personal loan, you need to know where your application will be accepted without delay, not to mention finding the best APR rate. All our advice to get personal credit as quickly as possible.
Fast personal loan: where and how to get it?
The personal loan is a classic product of consumer credit. Most of the time without proof of project, it corresponds to a need for pure and simple money. All major credit players (specialist organizations, banks, insurers) have personal credit solutions. Not all projects can wait, and this is where a quick personal loan request comes in.
Where to get a quick personal loan?
You have to turn to credit agencies for a quick personal loan. Starting a personal loan application online is actually the surest way to get an immediate policy response. Conventional banks only rarely have the means to vote quickly. They often still impose a physical appointment before hoping to have an answer. Above all, banks often reserve their credits only to customers, in particular those not to lose.
Benefits of Online Credit Organizations:
- Principle immediate response
- The electronic signature for most of them
- A quick quick response, within 48 hours on average
The issue of fast credit is at the heart of competition between different credit agencies. The specialist Credither, for example, strengthened its credibility by ensuring a definitive response within 24 hours. Our study of the Credither personal loan indicates, however, that the specialist cannot boast of offering the best rate. The majority of the best consumer credit players are able to validate within 48 hours a pre-accepted, signed and fully completed credit contract.
What is the minimum time to receive the money?
The minimum legal period before receiving money from a personal loan is always eight days, like any consumer credit. Let’s list the steps of a quick personal loan application, in order to estimate as much as possible the time necessary before actually obtaining the money on his account.
- 100% online request
This step takes only a few minutes, which is the time necessary to find a good rate and ensure that the request is accepted. The personal loan request without proof of use also includes the electronic signature, and the sending of the requested documents. You should not confuse personal loan without reason for use and without supporting documents.
- Final response from the organization
The credit organization provides a quick and rapid response to any request for credit. This delay corresponds on average to 48 hours.
- Waiting period before payment
This period corresponds to 7 calendar days for all consumer loans, of which the rapid personal loan is a part. An organization cannot therefore transfer funds before the eighth day.
- Bank deadline / receipt of funds
The bank deadline is on average 48 hours, more or less rapid depending on the bank.
- 100% online request
It takes at least 10 to 12 days to get the money for a quick personal loan. This duration corresponds to the best of cases, when the request is accepted directly and the chosen organization allows everything to be signed online. Using a credit comparator with an immediate response in principle makes it possible to avoid being faced with a refused loan request.
A quick personal loan does not prohibit the best rate
Seeking a quick personal loan does not mean giving up on the best APR rate. Our credit comparator allows you to avoid wasting time by questioning the best organizations after filling out the project form. When the probability of obtaining a loan at the best rate is low (<5%), it is always possible that the second best organization is more inclined to respond favorably, as in our example (> 80%).
A quick personal loan is above all a credit accepted at the first request. Completing several forms to receive negative or approximate responses (file under study) is a significant waste of time.
On the contrary, carrying out a simulation makes it possible to realize which organization is likely to accept without delay the cheap personal loan obtained after the simulation. In our case, the best organization has placed the request under review. The second, on the other hand, accepted the request without blinking. An acceptance rate higher than 50% means that the request will be accepted without problem – provided that you provide the same information – when the file is finalized.
Fast personal loan: which organization to choose?
The issue of rapid credit is driving debates within credit organizations. The main objective of all of them is to shorten the processing time for requests as much as possible. Among the most famous are the organizations with electronic signature and processing of online credentials.
Personal loan in agencies
However, it is difficult and impractical to obtain a quick personal loan in an agency. Above all, the rates are not comparable: beware of the total cost of credit! In most cases, the agency contacted by the agency provides a response within several days. The fact of not being at home to provide the supporting documents is also a point likely to slow demand. Regarding conventional bank agencies, we have seen that they were much less competent and quicker than a credit institution in processing loan applications.
Quick personal loan: what to remember
Using a credit comparator with an answer in principle is essential. This tool not only allows you to get the best rate, but above all to know if your request will be accepted by the organization or not. Having certainties regarding your request for a fast personal loan avoids having to face a refused credit.
Choosing a specialist offering a 100% online subscription is a real plus. This avoids wasting a few days sending a document by post. Finally, remember that the legal period before receipt of money is always eight days, in accordance with the law. The withdrawal period is, as always, 14 calendar days. By using the right method, it is therefore possible to obtain a quick personal loan within 10 to 12 days on average.