Requirements to access the loan
Well, you should know if you can request the loan with ample possibilities of obtaining a positive response from the company.
The requirements have two objectives: verify the identity and make sure that the applicant can return the loan.
Well, if you meet the following requirements, you can request a loan :
- Be of legal age (18 years old)
- Reside in Spain during the loan
- Have demonstrable income, such as a payroll, pension or unemployment subsidy
- Accept access to analyze your ability to pay
- Not having other current loans
- Have a mobile phone registered in your name
- Have a bank account in your name
- Have a credit or debit card
You must have clear observations:
- It does not matter if you appear in list, as long as your debt is not bank or financial
- The data that we will tell you later, will be confirmed by a phone call to your mobile
- If you are a pensioner, you can apply for a loan
- In your customer area, you can see the status of your application, loan and refund
- will make a study of your credit history to know your ability to pay and your reputation
It’s time to talk about the price of the loan.
The price of a loan is somewhat complex to establish for two reasons: it is in the form of a percentage, and depends on the time and term of the loan, so it is very complicated.
For example: if you apply € 100 to 13 weeks, the fees will be € 55.74, representing an APR of 2229% per year. In this example you must return € 155.74.
If you request the same € 100 for 26 weeks, the fee goes up to € 92.40, and you must return € 192.40.