Taking out an installment loan often takes a lot of time, because hardly any provider will make the installment loan available immediately. The financing processes of the branch banks in particular are characterized by a high expenditure of time. Here, lending often takes place only after an extensive consultation, a credit check and the preparation of the relevant contract documents.
Receive the installment loan immediately and easily
In contrast, direct banks that broker their loans via online loan comparison portals are usually characterized by significantly faster procedures. This is due to the fact that direct banks do without a large branch network and provide all the necessary information directly online. A cheaper installment loan is possible faster.
Fixed conditions for a quick loan
Personal installment loans from direct banks are advertised as instant installment loans. The time-consuming process of lending is also accelerated by the introduction of fixed terms and automation. Many providers are also breaking new ground in processing, thereby enabling fast loan payments.
Necessary documents can be uploaded online immediately and video identification procedures replace a time-consuming authentication test. A quick loan is cheap and is immediately available here at Ratenkredit.de.
Apply for installment credit immediately
The borrower immediately provides information on the installment loan he is looking for on credit comparison portals. The credit line, the term and the monthly installments are essential in this context. A credit calculator then evaluates the information provided with the aim of giving the borrower an overview of the cheapest loans. If the customer chooses an offer, he can apply for the installment loan online immediately.
The responsible bank then checks the creditworthiness of the customer as soon as possible and decides on the lending based on the result. Instant loans are only granted up to a certain maximum amount. If a contract is concluded between the borrower and the lender, the payment is usually made within a few days.