Where and how can you borrow money without a bank in Colombia
Despite the fact that bank loans are considered one of the most reliable, it is far from always possible to issue them. First, not all citizens have enough free time to prepare a package of documents and wait for a decision on issuing a loan. Secondly, in some cases, the bank may respond to the client with a refusal for one reason or another. For example, a bad credit history, lack of formal employment and income certificates will most likely become a serious obstacle to obtaining the necessary funds.
An alternative solution to the problem may be to turn to online services (for example, IFY.COM.UA) or a microfinance organization (MFI), which allow you to bor.
The procedure for signing the agreement and receiving funds takes a minimum of time and does not require any additional effort from customers. Conventionally, it can be divided into two main stages: application submission and credit organization's response. The decision on payment of funds is made within an hour. After that, the necessary amount is transferred to the client's card, which he can freely dispose of.
As a rule, services and MFIs have similar requirements for bor, consider the term of receipt of funds and methods of payment. Pay attention to the terms of the contract, in particular to penalties and the possibility of early repayment of the debt.
Loaning money without a bank: how not to fall into the "credit trap"
Even a person who is well versed in the field of lending is not immune to making mistakes. As a rule, the conditions of online loans look very attractive, so it is quite difficult for consumers who are in dire need of money not to give in to the temptation. Let's figure out how to accustom yourself to financial discipline, avoid delays, additional interest and other troubles, which are commonly called the "credit trap".
If you plan to bor. In this case, the client will be considered untrustworthy and will actually be blacklisted. Any loan affects your credit history, so don't forget to make payments on time.
Do not send applications to a large number of credit organizations at the same time. This will likely make them suspicious of your intentions.
If you follow the rules described above when issuing and repaying a loan, you will probably be able to avoid all problems. Financial organizations willingly cooperate with bona fide borrowers, and sometimes even offer them special loyalty programs with more favorable terms.
