Loans and Mini-credits at Online Credit Online
Online Credit is a successful and young company, based in Madrid, belonging to the company Europa Firme SL and responsible for issuing microcredits instantly to the population of Spain. In three years of existence in the market of our country, the company has satisfied the financial needs of thousands of customers, in addition to providing more comfortable conditions.
Unlike many other companies that offer small amounts, Online Credit provides quick loans from 50 to 1,400 euros. What does the size of the commission depend on and how to choose the best option for you?
The first loan can be from 50 to 800 euros, with a maturity of 30 days. If you have taken the amount of 800 euros per month, you will have to return 968 euros (including TAE 920%). If you pay the first loan on time, you can request a new one immediately after you finish paying your previous credit. Here, new opportunities open up.
The fact that the Online Credit discount program has five status – from “Standard” to “VIP” fixed commission from 32% to 27%, respectively. To reduce the size of your commission and get a new status, you must have a positive credit history with this company and use the loans with expiration at no less than 25 days.
It is worth noting that the total at the time of requesting a loan of up to 300 euros, the commission is fixed and is only 5 euros.
But that’s not all the benefits. For a regular customer it is possible to open a delivery credit from 850 to 1,400 euros. Of course, the repayment term is much more – from 2 to 4 months, and 25% commission. For example, if you are going to have a microcredit of 1,500 euros with a return period of 4 months, you have to pay 480 euros each month.
An additional advantage is a possibility of postponing the expiration of the 30 days. Note that in this case the commission in case of delay is 1.5%.
Therefore, if you are enthralled with the flexible credit terms in Online Credit, now is the time to become familiar with the requirements for the borrower:
- 21 years old;
- Spanish residence with a valid DNI / NIE;
- personal bank account opened in your name;
- not having current outstanding loans, the absence of the delinquency list.
- a regular income (with proof): wages, pensions, unemployment benefits or other subsidies.
Lastly, and most importantly – how to apply for a fast credit with Online Credit? To do this, you have to go to the official page of the company that interests you and select the amount of credit in the calculator of the main page. After clicking on “Request now”, you will see a form where personal information is entered – name, address, NIE / DNI, and others.
Next, you must attach the documents that prove your identity and solvency. This color copy or photo of your DNI / NIE on two sides, as well as proof of your regular income. These documents can be sent in a scanned form by email as well.
Now we only have to wait for the processing of your data to be positive, and if so, the money will go to your bank account within 15 minutes. In some cases, you will have to wait for loan approval for up to 24 hours (in the case of holidays).
At first glance, getting a loan from Online Credit may seem complicated, but in reality, it is just a well-integrated system of services. The company has tried to serve the interests of each client and, at the same time, protect themselves from unscrupulous users and scams.
As we can see, Online Credit really keeps up with the times, offers greater comfort and credit conditions with reliable methods of protection and information processing.
How much money to ask this organization? – you decide. We just want to remind you that you must make an informed decision about this matter. Think hard about the amount you are willing to pay on time, without sacrificing your basic expenses. Even a small mini-credit involves responsibilities and obligations. Therefore, we recommend taking a loan unless you have no other option. Good luck!