Myloans is a financial company that manages loans online and without paperwork of up to € 900 and can return it in up to 26 weeks.
And although the first time you can only process up to € 300, there is no doubt that as a micro-loan company it has many positive things.
The financing offered by this company being short-term loans can be useful when we need quick money.
From the web we are going to show both the characteristics and the conditions of the Myloans loans so that you know how it works.
We will also show our opinions also showing the uses of these credits online.
If you are looking for a Fintech or financial online this is one of those that you can find in United States.
A financial similar to this is Onlinecredit .
You must be a RESIDENT in the United States and have a DNI or NIE.
You have to be able to justify income to the financial company.
It cannot be on any list of defaulters like Credit Checker .
You must have a mobile phone and a bank account located in the country.
It offers loans of up to € 900 without endorsement . New customers will have it limited to € 300
You have 13 to 26 weeks to return the credit. Much higher than what we see in mini loan companies.
However, the first loan is also limited in term.
It is processed 100% online through the financial company website. You can make the request from the link provided on the web.
Annual Equivalent Rate ( APR ): 2229%
Which is similar to other online credit finance companies
Myloans and loans made by Fintech
As you can see, both the characteristics and the conditions of their credits are very similar to those of the rest of the entities.
However, there is a difference that we have to highlight if or if it is the issue of the return period.
Unlike other companies which make these mini-credits, Myloans allows more than 30 days to return the money.
And that is certainly a great advantage.
Because in our opinion the main problem with microcredits is the short term they have.
Most online financiers give a maximum of 30 days.
It is not what happens instead with Myloans credits when offering between 13-26 weeks to return the money .
Only for the issue of deadlines our Myloans opinions is to recommend them.
Especially to those people who cannot return the money in 30 days or less.
Credit conditions of the financial company Myloans
Except for the issue of deadlines you will see that in everything else they have the same as the rest.
- You can process up to € 900 without endorsement, although the first Myloans loan will be limited to € 300.
If it is the first time that you make the request in this financial you can get € 100-300, no more.
- The return period can be 13-26 weeks although also with the limitations of the first credit.
- The processing will be done online.
- The response time from the finance company is below 30 minutes.
- The processing can be done at any time and every day of the year as they are online loans.
Except for the difference in terms, there is no difference with the micro-loan companies in the United States.
Something that we will also be able to check in the requirements.
What is needed to apply for Myloans Spain online loans?
As for the requirements of the credits that we see in these financials we have to name the following.
- Whoever asks for the money must have residency in the United States.
- It is necessary that you have a DNI or NIE.
- You also have to have a mobile phone as well as a bank account located in United States.
- Proof of income will also be required when signing one of these online mini-loans.
- You cannot be on delinquent lists like Credit Checker, Myloans does not accept Credit Checker .
- To be able to apply for one of their credits, you must be between 18 and 65 years old.
There are practically no differences between microcredit companies, right?
There may be some difference perhaps in the age range but little else.
It is in the return periods where Myloans obtains its competitive advantage over the rest.
This is at least how we see it.
Steps to request one of these credits without paperwork
The processing of Myloans credits cannot be other than simple.
- You access the web at Myloans.es
- Fill in the form with your personal and financial information.
You will also have to indicate the amount and term sought.
Once done, you send the form to the financial company to analyze the request.
- In less than 10 minutes you receive an answer about the request made.
- You sign the loan and the financier makes a bank transfer to the indicated account.
All this process if done well does not last more than 30 minutes, undoubtedly being one of its advantages.
Financial information and contact information
To finish we are going to give the basic information of the financial one including the Myloans phone .
If you want to contact this company, you can do so at 902787239 or by mail at [email protected]
Their customer service hours are from 10:00 to 19:00 from Monday to Friday.
Our recommendation, however, as a Fintech, is that you always do the procedures online.
In addition to being easier, the processing with the entity will also be faster.
That would be our conclusion about the financial Myloans, what is yours?