Most people who have decided on a payday loan are looking for a loan to get which you do not need anything except an ID card.
It turns out that, among so-called parabanks, there are plenty of companies that actually lend money only on proof.
This document confirms personal data and citizenship, i.e. information without which it is not possible to grant a loan. It should be added that currently more and more companies grant loans via the Internet. In this case, you don’t even have to appear at the branch to present your ID. Its scan can be sent electronically.
While the ID card is a document that is always required, only the selected lender requires a certificate of employment and income. It is usually the case that people who decide to take a payday pay do not need to submit any documents other than an identity document. This significantly shortens the procedure for applying for a loan, and at the same time means that it can be taken by those who have no legal employment.
Lending companies include those that expect a client to provide a bank statement for the last few months. Such an extract is treated as an alternative to a statement of earnings. The statement confirms confirms regular account receipts. It also shows how much we spend in a month.
Payday loans are quick loans, the popularity of which is now really huge.
This results, among others, from a very shortened, simplified loan decision making procedure. Lots of people ask if you can get a payday loan by presenting not your ID card but driving license.
When we do not have an ID card – be it due to its loss or waiting for a new one – unfortunately we will not be able to borrow money on the parabank. Parabanks accept only an ID card as an identity document. With only a driving license, we will not be able to prove that we are us. What’s more, remember that your ID card must be a valid document on the day you apply for payday payday loans. So if it has expired, no one will grant us payday pay.
Many people ask why an ID card is required to receive payday pay. It must be clearly stated that the loan agreement must contain data such as the number and series of the ID card. Only then is the contract between the lender and the borrower valid. Meanwhile, on other documents – be it on the driving license or passport – in vain to look for information on the number and series of ID cards. Therefore, the lack of an ID card means that no parabank will decide to lend us money.
Identity cards are required by payday loans companies not only because of the number and series that appear on the loan agreement, but also because it is a document confirming the legal age of the person applying for the loan. It should be strongly emphasized that payday loans are reserved only for adults. So if we do not have an ID card, payday pay is not for us. Therefore, an ID card is an absolute basis.
Where the Cheapest Cash Loan?
The vast majority of lenders do not expect a certificate to confirm income. The only document you need to grant a payday payday is your ID card. However, very often the loan application includes questions regarding monthly revenues. When completing such an application, you really need to think carefully about all the sources of income that occur in our case. This is not only about the pay for work, but also the profit obtained from renting an apartment and the maintenance received every month. However, information that is not true may not be included in the application. We must remember that we will have to pay back the money lent to us sooner or later. If the amount we want to borrow seems too high, we must take into account that the parabank may expect confirmation of our income. In many cases, however, it is quite enough to provide an account statement.
Payday loans are a great solution for anyone in need of money, and at the same time who have no chance that the bank will grant them a loan.
When going to the bank for a loan, we can be sure that the certificate of earnings is among the required documents. In the case of payday loans provided by parabanks, this is no longer so certain. The vast majority of loan companies do not expect their clients to present an income certificate. This is a sensational solution because it gives a chance for a loan to those who are employed illegally or have a junk contract, and thus have no way to document their income. No need to provide such a certificate is also a huge time saver.