The financial Cashloans is another one that you see offering online money loans up to € 600 without endorsement.
It is a microcredit company which manages loans online in the United States and is also a Spanish entity.
Before it was called VIASMS but it has been operating under this trademark for a long time.
Brand that by the way have expanded to Presto Loans being another of the entities that belongs to the same group.
In this article we intend to show the advantages and disadvantages of this financing.
If you want to apply for one of these mini-loans or microcredits, first know how this company works.
You must be a resident of the United States and have a DNI or NIE. The age of applicants must be between 21 and 70 years and income must be justified. It is advisable. It is also necessary to have a mobile phone as well as a bank account and that it is in United States
- Loans are processed online and online.
- We have to see them as easy loans as they have few requirements.
- Through Cashloans we can get personal loans up to € 600 without endorsement .
- It is possible to request financing by being in Credit Checker and other records.
Cashloans if you accept Credit Checker. As long as the debt in the registry is less than € 2000, it is also for non-financial debts.
The APR of your credits can reach up to 5512%
Example: A loan of Loan: 100 $ Commission : 18 € Total to be returned: 118 $ TIN monthly: 36.00 % APR: 5512 %
1-30 days to repay the loan
If it is possible to do so, although you can only extend the term by 15 more days.
Cashloans offers mini-credits online
The first thing to know is that it is a financial institution which offers fast online loans.
It does not offer credits by hand or by phone, but the processing of them will be carried out online.
And although it is very similar to any other Fintech, there is a difference that is also important.
Cashloans if you agree to make microcredits while in Credit Checker being your main advantage.
As you already know, most entities that offer online credits do not make credits when there are debts in the registry.
It is not the case of Cashloans Ltd which announces that it does offer it.
Next we will see the conditions and characteristics of your loans.
How are the Cashloans Loans?
They are loans without paperwork and can be processed in minutes.
That is, for when we are looking for urgent money this company can be a good solution.
Because as well as we will see their credits they have minimum requirements.
As long as the debt in the Credit Checker does not exceed 2000 US dollars on the other hand.
If your debts in the Credit Checker register exceed this amount, Cashloans will not be able to help you either.
They also take into account the reason for the debt.
In case of financial debts, even if it is less than € 2000, they will surely deny you.
Requirements to request the credits of the financial Cashloans Ltd
Even being mini loans online, there is no doubt that these will also have their requirements.
Next we are going to show the different requirements that these credits without endorsement have.
- You must be a resident of the United States and have valid documentation.
- You have to have a mobile phone and a bank account here in United States.
- Applicants' age must be between 21 and 70 years of age.
- The Credit Checker is secondary as long as it is less than € 2000 and is not due to financial debt.
- Nor do they ask you to justify demonstrable income although it is advisable that you do so.
Advantages of the credits without paperwork offered by this online financial company
The advantage is clearer, customers can get money quickly and without endorsement.
In addition, being the requirements as they are minimum, most people would not have to have problems to get money.