Why should you bet on your MINICREDIT in 2019?
Are you looking for the best mini – loan company? So, bet on Credy , because it has excellent conditions for all its customers. How? What do not you know Credy ? That has to be solved! Keep reading, because we bring the best in-depth analysis of this company.
Who is behind this entity? Is Credy legit?
Credy is an entity that is not dedicated to grant credits, but to intermediate between the person who needs a credit and the entity that can grant it. Therefore, it is not necessary to see it as another entity in which you can ask for money, but as one that helps you compare among those who can grant it.
Your job is to narrow your search . To be granted a mini-credit, it is necessary to comply with a series of specific requirements. In each company they are different, and that means you spend a lot of time looking for one by one in which you can be admitted and which ones can not.
What you get with Credy is to reduce that search time to a minimum . There is no more to introduce in your simulator the money you want and your personal circumstances and they will show you the entities in which you have the possibility of being accepted.
Keep in mind that Credy will never give you a credit. What it does is get in touch with the entities that do grant credits , so those entities will be the ones that you should assess in terms of viability and security.
The Credy mini loan
Now that we have seen that the entity is reliable, we will go to take a look at the characteristics of this mini-credit. Surely you fall in love with everything they have to offer!
- Minimum amount: € 50 . From this low amount credit can already be requested through them. This makes those who want small amounts and have difficulties to be granted here find a great tool to filter all entities that do not accept them and stay alone with those who in principle do admit people with their same circumstances.
- Maximum amount: € 750 . It is a fairly high amount if you take into account what is usual in this type of credits. An amount like this allows you to do many things, so it is important to be able to access it regardless of your circumstances.
- First loan: € 750. One of the advantages of these financial brokers is that, since they are not the ones lending the money, they do not have problems when limiting the first loan. Although most entities limit that first loan to € 300, there are some that do not, so through a search engine you can benefit from it.
- Maximum return period: 30 days. The maximum term is that marked by the entities that grant you the mini-credit. In almost all of them 30 days is usually the maximum term. You should look very well that the amount you ask is in line with the term that you mark to return it, since this point is essential for you to return the credit within that period.
- Minimum return period: 1 day. You have this option available in case it is something very timely or with a small amount whose return you do not want to delay in time. Marking a small delivery time can be a good way to quickly end this.
- Response time: minutes . This response time depends on the company to which you end up applying for the credit. All of them pay great attention to this point, because immediacy is key in this sector, so the answers usually occur in a few minutes.
- Time until you have the money in your account: it depends on the company . Almost all you enter the money in a few minutes. If you share a bank, you will have it in your account between 10 and 15 minutes after granting the credit. Of being different banks, you will have to wait between 24 and 48 hours.
- Possibility of extension: depends on the company . You will have to pay attention to the fact that the entity to which you ask is provided with this possibility, which always facilitates the return and makes the whole process more flexible.
- Early cancellation: depends on the company . Many of them do not give this option, but the fact that they work with so many makes that, if this point interests you, you can find it in some of them.
Requirements to request it and other conditions
As it usually happens in this type of companies, to request the mini-credit, we will have to fulfill some requirements. The requirements that you must fulfill are the following:
- It is not necessary to have payroll: Credy is an entity that acts as an intermediary. Therefore, the requirements depend on the entity that grants you the credit. In most of them, having payroll is not necessary, so it is quite feasible to access these credits without having this type of income.
- No guarantee is necessary: as in the previous point, most entities do not require collateral. If you do not have anything to guarantee your mini credit, or do not want to do it, even if you have that possibility, I’m sure you’ll find several entities that do not ask for this requirement.
- They can be requested while in ASNEF: that you are on this list of defaulters does not mean that you can not request one of these mini-credits. Each credit institution has different conditions at this point, so that will be what will mark you in which you can request it and in which you can not.
- It is necessary to be a natural person: these products are not valid for companies. The owner must be a natural person, whatever the reason for requesting it.
- Minimum age: 18 years . There are several companies that raise the minimum age above the age of majority, but if you are very young, there are also other entities willing to accept you. With a search engine like this you will have access to all of them.
- Maximum age: depends on the company . As in the previous case, there are companies that have a maximum age from which they do not accept anyone, but others do not have that cap. This is about saving you the time to go looking for the maximum company age per company.
- Valid for self-employed: they are one of the groups that have more difficulties to access this type of mini-credits, since their income is not always considered regular. However, there are several entities that allow freelancers, with which it is easy to find them.
- Valid for pensioners: this sector of the population is admitted to most of the entities, as long as their pension is enough to pay back the money they request in the term that is marked.
- Valid for unemployed: also unemployed people can find mini-credits for them, as long as they have a subsidy or some other type of regular income with which to return the requested.
Procedure to obtain your mini-credit
Once we have seen the requirements that must be met to qualify for the microloan, it is time that we see what is the procedure to follow to obtain it. You will see that it is a very simple procedure:
- Enter the amount to request and the return time in the search engine.
- Fill in your personal information: once you have entered the type of loans you want, you will be redirected to a form with your personal data to see which entities are valid for you.
- Credy sends the request to companies that fit your circumstances.
- In a few minutes, you have the answer of which ones you have accepted , and you yourself can choose among them the most appropriate one.
Customer reviews of their microloans
There are many questions about whether Credy is the one who grants the microloan or not. The truth is that no, since this entity is an intermediary , and it is something that is quite important to bear in mind throughout the process.
What is most praised of this entity is the fact that they themselves send the requests to the different credit entities , since this way you can save a lot of time, besides the inconvenience that causes you to be rejected in several of them.
Regarding criticism, there are people who prefer to apply for credit themselves to each entity, because they do not trust an intermediary. The truth of all this is that for you as a client the intermediary does not suppose any extra expense, since it is the entity that grants you the credit who pays them.