Many times, not having a payroll can reduce our chances of accessing some type of financing via credit. Above all, if we request it through traditional banking entities.
However, the emergence of more agents in the financing market for others has also led to the appearance of new credit modalities with their own more or less restrictive regulations.
But, let’s start at the beginning, what is a mini credit without payroll?
What is a quick mini credit without payroll?
Quick mini payroll loans are loans specially focused on clients who, although they do not have a fixed salary, do have some type of periodic income that guarantees sufficient solvency to face the return of the requested mini credit.
In general, for this income to be accepted by the lender, it is necessary to meet three fundamental requirements:
Be regular. The returns of the credits or loans are made through periodic installments, so we must have regular income, at least, for the duration of the term of return of the mini credit.
Constitute a minimum volume. Our income, in addition to being sufficient to meet the conditions of return, must allow us to meet our basic needs (payment of the mortgage or rent; expenses of water, food, etc.) but, it is very likely that we will not be granted the loan as preventive method because the client may have the tendency of not complying with the credit return to face these basic payments.
Be justifiable. If we do not have a payroll, we must present the relevant documentation that justifies that we have such income.
Among the groups that usually respond to these characteristics we find, for example, the self-employed, the unemployed who receive a benefit; as well as all those who receive an income or those who do not work but receive a monthly rent for their homes.
How to get a mini loan without payroll from Lite Credit?
Presenting a bank receipt!
As we mentioned, many are the lenders that grant loans without requiring the client to pay their monthly salary. However, this does not imply that the applicant is exempt from presenting any document that guarantees their financial solvency.
In the case of Lite Credit, having a bank receipt that certifies that, despite not having a payroll, the applicant does have another type of regular income, is an essential requirement to qualify for the granting of any loan or credit in our entity. .
Once the relevant documentation is presented (either payroll, or a bank receipt) the process can be done in 3 simple steps through our platform. Let’s see how!
The applicant fill out an application in which some data will be required. It is a form that will be validated later on our website.
Once this is done, a confirmation code will be sent to the mobile phone number provided.
Finally, it must be entered in the corresponding field within the same web page.
And ready! The request is now in the hands of Lite Credit. The entity will evaluate the solvency of the applicant thanks to the information provided by the borrower and that obtained through public databases or capital solvency files.
Why should I choose an online credit without payroll from Lite Credit?
Cover urgent contingencies. This is one of the motivations that leads many Spaniards to request financial aid of this type.
However, this need for a quick response seems a complex situation when, despite having recurring income, we do not have work and, therefore, a payroll that certifies that we can take care of the return of the requested mini-credit.
Many are the banks that request all kinds of documentation to grant any type of financial aid. So why choose Lite Credit to request a mini credit online when we do not have payroll? Precisely because of the facilities in this regard.
Although it is true that each case is carefully studied, always under the premise of ensuring responsible economic management both for the company and, above all, for the client; Lite Credit is presented as a more accessible option compared to traditional entities and provides all the financial aid necessary for this type of situation, as long as there is a sufficient volume of income, periodic and, of course, demonstrable by means of a bank receipt.
Advantages of our online micro credits without payroll?
On the one hand and, among others, our conditions. From Lite Credit we make available to the applicant up to 5,000 euros whose repayment requirements are set taking into account both the situation and the needs of the borrower.
On the other, our agility in processing. We understand that when a person comes to us to request a fast micro credit, they require an immediate service to cover their needs as quickly as possible and, therefore, we have devoted many of our efforts to generating a platform in which the applicant can carry out its procedure in a few minutes.
What documentation must I present to request the microcredits without payroll from Lite Credit ?
The fact that in Lite Credit we can carry out the processing and granting of the mini credit without payroll in just a quarter of an hour implies that the documentation to present is quite simple. But what do we need to qualify for a mini credit?
A document that certifies residence in Spain (ID or passport), along with a selfie to confirm your identity.
Be the owner of a mobile phone line (to notify by SMS about the status of the mini credit request) and a current account in your name in Spain to which to transfer the money.
And finally, as we have already mentioned in previous sections: a bank receipt that certifies the periodic income with which the applicant will face the return of the mini credit.
In addition to this, Lite Credit reserves the rights to request additional documentation to be able to assess, in a more complete way, the applicant’s credit profile and, based on that, to be able to estimate the granting or not of the loan and under what conditions.