Payday Loans

Payday Loan – A quick credit decision is guaranteed as well as flexible terms

The world is getting closer every day. The routes from A to B can be overcome with high-tech products in the shortest possible time without noticeable strain. A world-famous car company aptly expresses it in one of its commercials: ‘Nothing is impossible’. And that is exactly what the spirit of the times hits. With the increasing possibility of the impossible, our desires also grow. More commentary at

With lucrative and individually composable online financing offers, savings banks and banks are no exception.

Financial security makes everyday life easier

Financial security makes everyday life easier

If you need money for unexpected life situations or wishes such as vacation, a new kitchen or a new car, the Lender Bank’s ready & go online loan offers the customer minutes of an individually tailored loan offer. The possible credit line for the Lender Bank payday loan is between 500 and 75,000 USD. A payday loan from the Lender Bank also requires collateral from the borrower. In addition to positive Credit Bureau information and creditworthiness, a fixed, proven income from a non-independent employment relationship is the basic prerequisite for a loan approval.

Dealer discounts for cash payments are an additional incentive

Dealer discounts for cash payments are an additional incentive

A quick credit decision is guaranteed as well as flexible terms with free use. The dealer discounts for cash payments are an additional incentive. The customer can freely choose the duration of a ready & go credit. This lasts up to 84 months. In addition, the Lender Bank’s payday loan offers the option of collecting payback points. For example, a loan amount of 10,000 USD brings 1,000 payback points.

The option of paying installment-independent amounts

The option of paying installment-independent amounts

A rate can also be suspended in the event of financial bottlenecks. However, there is also the option of paying installment-independent amounts up to the early repayment of the total loan amount. With an offered residual credit insurance, the customer can also have his monthly payments insured in the event of unemployment or an accident with subsequent disability.

The Lender Bank is a decentralized savings bank with different interest rates from Lender Bank to Lender Bank. The interest rate is therefore variable. The credit terms for the Lender Bank’s payday loan are based on the amount of the loan as well as the term and credit rating. If the loan approval for the Lender Bank payday loan has been made, the contract documents will be sent to the borrower by post. The latter must legitimize himself when returning the signed documents using the Postident procedure.

Must Know! This is the Safe Way to Get Trusted Money Loans Online

Online money lending offers many amenities that will make us feel great. But behind the scenes, online money lending is extremely vulnerable to crime. Here’s a safe way to get a trusted online money loan!

Online money lending over the last few years has been gaining popularity and has become popular amongst the community. The reason is that this type of online money lending is so easy to come up with that it can be a solution when it comes to needing a fast loan in a time of need. The popularity of online loans is often an easy target for online criminals are now more rampant. You must have heard on television many times about online loan fraud cases.

With these cases of online loan scams, don’t be too scared because in fact things like this can be avoided if you apply the methods below!

Find a Loan Provider with High Credit

Find a Loan Provider with High Credit

The first way is to find a credible online money lender with high credibility in the eyes of its consumers. You can find out the credibility of a trusted online moneylender by looking at the comments on social media. You can also visit financial forums to make sure the lender you choose is reliable.

Know the Identity of the Site or Loan Provider Application

In addition to high credibility, you can also identify the identity of a trusted online moneylender site or application. There are a number of ways you can do this, by checking the location of your office using Google Maps. This is a must because most people who have been exposed to online loan fraud are unaware of the existence of a lender’s office so if there is a risk in the middle of the road, they will have difficulty complaining or reporting.

Also, find out the phone number of the trusted online moneylender and contact email address. A trusted online money lender will have a valid email address with a registered business name as they represent a company, not a personal one.

Learn How it Works and Conditions

We often overlook and learn how to work and terms apply to trusted online money lending. If we do not understand, it is not unusual that in the middle of the installment there is a risk of certain problems. Therefore, take the time to learn how to work and the terms and conditions of a trusted online money lender.

The way to work and the conditions to be learned are how to install an installment payment system, penalties for late payments, penalties for early repayments, and what kind of billing system it is.

Do Not Be Anxious With The Facility Offered

Do Not Be Anxious With The Facility Offered

As mentioned above, this type of trusted online money lending does provide easy access for prospective borrowers. But these facilities are often used as a bait to get you caught up in online loan fraud. Therefore, do not be easily offended by the convenience and sophistication offered. Try again to see if the facilities provided make sense. Suppose you are offered a nominal loan facility of tens to hundreds of millions of liquid in just minutes.

You should know that it can take several hours for the funds to melt in the tens of hundreds of millions. What if the loan was only about $ 1 to $ 10 million. So if the facilities offered don’t make sense, then you should be careful.

Trusted Online Money Loans Will Not Ask You For Money

If you’ve seen the news about online loan fraud often, you already know this one. Mode calls for a down payment as the main condition for a loan to be liquid quickly. In fact, thinking logically is absurd. But sometimes when we are desperate and our mind is out of focus, you could end up in this kind of online loan fraud mode. You should know that a trusted online money lender does not ask for a down payment to launch a loan disbursement.

In a trustworthy online moneylender, the funds you usually have to pay are administration fees, mattress fees, up to provisional fees and a small amount. So if there is a lender who requires millions of dollars in advance to get tens of millions of loans, then you have to be careful.

Take a Needful Loan

Take a Needful Loan

When it comes to getting a trusted online money loan, we are often tempted to take on larger loans with the fear of missing out on funds or just in case. Remember Buddy if there is any interest in the money you borrow. So you should take out a loan to meet your needs. Don’t expect the funds needed to be only $ 1 million, so you lend up to Rp3 million.

Perform Installation Calculation Simulation

Lastly do not forget to do the calculation first before applying for a trusted online money loan. This is so that you can find out how much your financial ability is in repaying a trustworthy online loan repayment loan. By simulating, you can also find out how much installment tenor you can take because in the future this tenor will affect the monthly installment of the monthly installment you pay. So, it doesn’t hurt to do simulation calculations right?

Apply for a Good Credit Trusted Online Loan

Apply for a Good Credit Trusted Online Loan

One of the most trusted online money lenders providers, Good Credit. This application-based online money lending provider provides you with loans for any purpose with a minimum loan amount of $ 1 million to a maximum of $ 20 million. The tenor of the loan you pay in installments is a minimum of 10 days and a maximum of 180 days. Why apply for a trusted online money loan at Good Credit?

To do so, you must first download the Good Credit app on the PlayStore and then fill out the registration form. After that, you just log in and complete the necessary personal data and documents.

The next step is to decide how much of a loan you want to apply and how much to install. After selecting, then click ‘I want to borrow’. Later Good Credit will first verify your data, then process your trusted online money back loan. Submissions received will be transferred directly to the personal account you specified earlier. For Good Credit’s trusted online money lending process, it can take approximately 1-3 business days.

Do I have to pay my debts if I renounce the inheritance?

Often, thinking of the word inheritance, one finds oneself imagining the reception of goods, furniture, and properties, released spontaneously and voluntarily by a dear deceased. In fact, the heirs in many cases together with the estate also inherit the debts of the deceased with the risk of having to face expenses out of their own pockets.

The law, however, leaves the freedom to choose whether or not to accept the inheritance, provided that this decision takes place within, and no later than, the three months following the death. After this period of time, anyone who owns the property of the deceased at the time of death is considered heir (family members who lived with the extinct person and those who have at their disposal even a single object, albeit of minimal value).

Why make an inheritance waiver within three months?

Why make an inheritance waiver within three months?

The law imposing such a rapid choice (after death a quarter is a very short period in relation to such an important decision) prevents any illegitimate heirs from enjoying the benefits of the assets without assuming formal responsibilities, including any debts incurred in the life of the deceased.

The condition has repeatedly occurred that, in the face of a large amount of debts, even higher than the value of the inherited assets, the direct heirs have renounced the inheritance of the debts.

This is a solemn act and must be carried out through an express declaration issued by the heir or his representative, in the presence of legal authority:

  • Notary
  • Registrar of the court where the succession was opened and where the declaration will be entered in a succession register

Deciding whether to accept an inheritance is convenient or not is a very delicate matter. Generally, the deceased’s assets are known (real estate, pension, current account) but the amount of debts is not always as enthusiastic as the value of the assets.

In the event that it is decided to renounce the inheritance of debts, the “called” cannot:

  • partially renounce inheritance
  • give up the inheritance before the relative dies
  • revoke the waiver

These rules still apply to those who, at the time of death, is in possession of inherited assets (spouse and children who live in the same home), for everyone else there is no hurry. The renunciation must be made within 10 years from the opening of the succession, in case of non-declaration of renunciation, the right to inheritance is lost.

Acceptance with inventory benefit is the most appropriate solution if you are undecided on whether or not to accept an inheritance, as this tool allows you to pay debts only within the value of the hereditary assets, without confusing your assets with that of the deceased. In this case, whoever carries out the inheritance inventory, must issue a declaration of accepted acceptance or of renunciation within 40 days, in case of non-declaration is considered an heir.

What happens after the renunciation?

In the event of an inheritance waiver declaration, a new heir must be found. The law, in this regard, indicates two possibilities. The first involves checking for the presence of a substitute indicated in the will.

The second refers to the mechanism of representation, whereby the inheritance is offered to the descendants of those who have renounced. These, in turn, can legitimately decide to renounce the inheritance.

However, when the representation fails to be conclusive, the law provides for the increase in the hereditary share of the renunciate in favor of the other heirs (only if more heirs have been designated and at least one of them has accepted the inheritance).

Alternatively, the heir is identified according to the rules of legitimate succession, which provides for a series of possible solutions, from the closest relatives to the most distant. In the absence of any successors, the inheritance is attributed to the State, which in any case will pay the debts only within the value of the hereditary patrimony.

Have you inherited debts? We also help you solve this problem

Have you inherited debts? We also help you solve this problem

If you are looking for a solution to an inherited debt problem or you want to know more details about the possibility of declaring an inheritance waiver for debts, contact Good Credit debt consultants.

Completely free of charge and without any commitment, they will give you all the information you need to solve your problems. Fill in the form below and you will be contacted as soon as possible!

Closed company: what happens to debts?

When a company is canceled from the commercial register, in fact, it no longer exists. In a nutshell, that company dies and just like it happens for deceased people, the company will also have heirs, which in practice will be the old partners. For Italian law, therefore, the heirs of the extinct company, that is the shareholders, will inherit any relationship still pending at the time of the company’s cancellation from the register of companies. This means that the shareholders will inherit any credits and debts contracted by the extinct company. In the event that the company is a creditor, following its closure, the shareholders will automatically be guaranteed the right to collect this credit. On the contrary, if this company is indebted to third parties,


What do members risk?

money loan

Of course, it is legitimate to ask what the liability of the shareholders may consist of for the debts accumulated by the company. Well, the answer is not unambiguous and depends on the type of company that has been closed: in fact, the liability regime of the members changes based on the fact that we are dealing with partnerships, such as Snc, Sas or Companies simple, or joint stock companies, such as Srl, Spa and Sapa.

For partnership members to pay a debt incurred will eventually forced to draw on their personal assets, with creditors that may require the seizure of their property, if the company is destitute. With joint-stock companies, shareholders are protected and will never see their personal assets at risk. The creditors or entities can therefore claim only the assets belonging to the closed company, such as current accounts, movable or immovable property, but will not have the right to attach the members’ tangible assets. And if that capital company turns out to be without any good, the creditors have no choice but to file for bankruptcy.In fact, if a capital company becomes indebted, the shareholders will only lose the funds paid at the time of the signing of the company incorporation deed and the capital payments made thereafter.


Twofold distinction is valid also at the time of the closure of the company

money loan

In fact, with the extinction of a partnership, the shareholders continue to see their personal assets at risk and, on the other hand, for a capital company, the shareholders will be liable only within the limits of their shares and, in any case, below a maximum ceiling equal to what was paid to them after the last liquidation balance sheet. And if after such financial statements the shareholders had not obtained any consideration, in practice, they will not risk anything.

For partnerships, therefore, the debts are transferred to the shareholders and this is what was established by sentence no. 6017 of 2013 promulgated by the United Sections of the Court of Cassation.


Who compensates the tax liabilities of a closed company?

money loan

Only joint stock companies, and only when they have entered into debts with the tax authorities, despite having been canceled from the register of companies, will they continue to be considered “alive” by the Revenue Collection Agency, the old Lenders Grade Finance, which for another five years will have the faculty to bring the company to court or file for bankruptcy. However, for the bankruptcy request, the creditor, as well as the Italian taxman, has only one year to spare since the company was eliminated from the commercial register. And if the bankruptcy filing does not occur within the year, the canceled company can no longer be declared bankrupt, despite the creditor’s request being received within the time limits established by law. The same applies to the tax authorities:

Must Know! Key Terms Of A Quick Cash Loan Without Survey

Want to make a quick cash loan without a survey? First, prepare the main conditions for direct submission. Check out the requirements and tips to get your application rejected!

For those who have already applied for a bank loan, it may have been a very complicated process as banks usually do the survey first. Especially if you are applying for a home loan or a multipurpose credit that has a collateral assessment process. With the survey, the loan process will definitely take a long time. What if we really need an emergency fund? You can’t wait any longer. But is there a quick cash loan without a survey? Of course, there are.

A quick cashless loan without a survey can be obtained through online loans. By applying for a loan online, there is no survey process like a bank loan without a loan or a multipurpose credit provided by a bank. This is because of all the quick cash lending processes without online surveys. From filing to disbursement. Before applying for a quick cash loan without a survey, it’s best to know some of the advantages and disadvantages to be aware of:

Easy Submission Process

Easy Submission Process

Since quick cash loans without surveys are done online, the process of applying is easier. You can apply anywhere and anytime without having to come and queue for hours at the lender’s office. With just a few gadgets and internet networks, you can apply for a quick cash loan without a survey.

But remember, make sure your internet connection is stable and secure. Don’t make it when you apply for a loan, the process is interrupted due to internet connection due to slack.

Quick Funds Disbursement

You need to know about fast cash loans without a survey conducted online, the process of disbursement of funds very quickly. This is because all of the data and documents provided are already digital so the submission can be processed immediately. Alternatively, applying for a loan without a loan or a multipurpose credit that requires you to provide physical data is not a scan.

No Warranty

No Warranty

As the name implies, unsolicited fast cash loans do not require a guarantee for a loan. That way you don’t have to worry about valuing your valuable assets like home certificates, land, buildings, even ECPB (Motor Vehicle Ownership Book). Usually people are reluctant to apply for a loan if they know they are required to provide a guarantee.

No Survey

As mentioned earlier, this type of loan does not require a survey process such as coming directly to the borrower’s office or home. The lender just needs to go through the data verification process over the phone. Therefore, you will need to provide an active and contactable phone number at all times as many cases of fast cash loan applications without surveys are rejected because the given phone number cannot be reached.

Conditions Not Slick

Fast cashless unsolicited cash loans also have unmatched requirements like other types of bank loans. This is what makes this loan so popular with the general public. That way you don’t have to worry about preparing a lot of terms and documents.

Limited Loan Nominations

Limited Loan Nominations

Unfortunately, unsecured quick cash loans have only a limited number of loans or loan plans. If unsecured credit or multipurpose credit can lend you up to hundreds of millions of dollars, a quick cashless survey can only give you 24-hour online loans up to tens of millions of dollars. The average loan amount is only $ 20 million to $ 3 million.

Short Term Loan Duration

The loan term provided by a quick cash loan without a survey is very short because it is less than one year. This is because the loan amount given is not so large that it doesn’t take much to pay the installment. Typically the timeframe ranges from 90 days (3 months) to 180 days (6 months).

Highly Flowered

The interest rate provided by a quick cash loan without a survey is higher than other types of loans. The factors that make this fast cash loan without this survey have high-interest rates are due to the relatively low loan numbers and short term loan duration. Interest rates are also based on the policy of fast cash lending providers without surveys and are not dependent on market interest rates.

Suspicion of Online Fraud

In fact, one of the biggest drawbacks of unsecured quick cash loans is that they are vulnerable to online fraud. You must have heard the news about the online scams of the people. But this risk can be avoided by choosing a lender overseen by OJK (Financial Services Authority) to be safe and trustworthy. One of the loan providers that oversees OJK is Prospero.

Major Terms of Quick Cash Lending Without Survey

Major Terms of Quick Cash Lending Without Survey

For those of you who want to make a quick cash loan without a survey, there are five basic requirements that you must meet:


The first requirement that you usually have to provide is your ID or Resident Card. This ID is intended to indicate that you are a citizen of Indonesia old enough to be able to apply for a quick cash loan without a survey. Although there are basic ID requirements, you must also meet the minimum and maximum age requirements. Minimum must be 21 years and maximum 65.

Have a Fixed Income

Next, you need to have a fixed income each month. Usually, there will be columns of data that require you to fill in your current job status as well as the monthly earnings you have. The type of job you do is not a problem in fast cash loans without a guarantee as long as you have a fixed income. But never fabricate your data! You have to fill it out properly and honestly because if you find that you are filling in the wrong personal data, then the provider will immediately put you on the blacklist.

Salary Slip

In addition to having a fixed income, you will usually be asked to include a payslip document when applying for a fast, unsecured cash loan. Then what if we weren’t regular employees? If you are a professional or entrepreneur, you can include a bank account or photocopy of your savings book for the last three months as your financial statement to the lender. You can also give the Annual SPT.

Personal Bank Account

Lastly, there is a requirement to have a personal bank account. Why can’t you use someone else’s account? This is intended for providers to easily synchronize or verify data.

These are some of the key requirements that a fast cash lender often offers without a survey that you can prepare before applying. But remember, always remember to always do careful calculations and read the terms of the lender carefully. We hope you can get a quick and easy cash loan without a survey!

What does credit history say?

Few consumers in Lithuania have a habit of inquiring about their credit history before applying for a loan or paying for a hire purchase. While many tend to think they know everything about themselves, experts recommend that you check your credit history periodically to avoid unpleasant surprises when you need financial services.

Credit history is often referred to as the “black box”, which holds for decades a record of financial obligations, how they are discharged, or how well they pay their bills for telephone, electricity and other services. “Credit history is like a resume of human financial strength and discipline,” says Andrius Bogdanovic, CEO of Fezziwig.

Although more than 220 thousand people are interested in their credit history in Lithuania. population, this concept still faces the myths prevailing in the country. So how do you build a good credit history and keep it healthy?

What Is A Credit History?

What Is A Credit History?

Credit history is like a mirror, allowing you to see everyone’s financial habits and ability to deal with them. The credit history consists of two parts, one of which is information about financial obligations, such as credit cards you own or have held, consumer and mortgage credit, etc. The second, but not least, information about your payment history, other obligations such as telephone bills, utilities, and others.

Everyone builds their credit history from adulthood when they make their first financial commitments – start using a credit card, take out a consumer loan, buy a car leasing. Borrowing responsibly and paying your liabilities on time creates a good credit history. On the contrary, borrowing impulsively and inadequately can delay the credit history of repayments of financial liabilities.

Finance, telecommunications, insurance, transport, fuel supply, postal and many other companies in the country provide data to the credit bureau, which mirrors this data in credit history. This means that only the data provided by the creditors is shown in the credit history.

Faces the prevailing myths

Faces the prevailing myths

According to, a growing number of clients know what their credit history is and are familiar with. AgnÄ— VolosenkinaitÄ—, the head of real estate products for the longest-running platform in the country, also notes that while people are no longer surprised at checking their credit history while borrowing, there are places to improve.

“We often remind our clients that financial commitments, such as loans for consumer, vehicle purchase or other purposes, can be a timely and responsible way of building a good or improving credit history. Such practice is very popular in foreign countries, but in Lithuania it is not understood that the current loan may help to obtain more favorable financing conditions in the future, and some people even fear that it will worsen their credit history, ”says A. VolosenkinaitÄ—.

A. Bogdanovich mentions another myth prevalent in society – supposedly credit history can be erased.

“We often receive requests to delete data so that it is not visible to financial, telecommunications or other businesses. However, such applicants are disappointed because the correct data is not “artificially returned” or erased until the credit bureau has a 10-year period to process it, “says Bogdanovich, stressing that the number of such requests is decreasing.

Steps towards a good credit history

Steps towards a good credit history

If you want to keep your credit history intact, it is recommended that you follow 5 rules that will help you have a good financial standing and discipline:

Borrow moderately and responsibly. The Bank of Lithuania proposes a 40 percent rule, which requires borrowing to calculate a maximum of 40 percent per month for loan repayment and interest payments. of regular income.

  • Old obligations not to be more expensive. It is recommended that you avoid borrowing to cover old liabilities unless you refinance them on more favorable terms.
  • Do not borrow for a down payment on the loan. For example, it is recommended that you do not borrow for a mortgage loan contribution.
  • Pay credit, utility bills, utilities and other goods on time.
  • Periodically access your personal credit history report.

With a new gadget – credit history is always at hand

Although frequent consumers in financial institutions borrow and buy in installments, only a few apply for credit properly prepared, according to a population survey. Smartphone app Goodpass will help people get to know their personal finances better. It provides all financial information that financial institutions see when applying for funding.

A survey by research firm Synopticom showed that 81% of respondents plan to buy or have already purchased financial products. However, the vast majority of consumers – or 61% – are unaware of their credit rating, and 30% have no idea what their financial data is about a credit institution applying for credit.

Mortgage credit, car leasing or a credit card

Mortgage credit, car leasing or a credit card

Make life easier at different stages. It is now easier to predict whether or not a financial institution will grant credit, and if so, under what terms. The Goodpass mobile app developed by our team will help you find answers to these questions. It will allow your phone to have structured information from your bank statement, your credit history report and your credit rating. With all of this on your phone, you can quickly and accurately evaluate your credit or leasing opportunities, ”says Justinas Kaminskas, Director of Start-up UAB Goodpass.

Good Finance’s analysis reveals that non-bank consumer credit and leasing companies were at the top of 2017. On average, 74% of citizens rejected their credit applications, so it is important for citizens to know better what they will look for when applying for funding. According to the survey, 14% of respondents plan to buy by leasing, similarly to a consumer loan or a small loan.

“This gadget is like a mirror that says, ‘come on, look at the bank today.’ I believe that start-up efforts can significantly change the level of financial literacy of consumers in Lithuania and, in the short term, in other countries as well, ”says Andrius Bogdanovic, CEO of credit bureau Good Finance.

Market research company Synopticom conducted a representative online survey of 503 people in 2017. December 21-28, commissioned by starter Goodpass.

The Goodpass app can be downloaded free on Google Play by smartphone owners and the App Store on iPhone owners.

Goodpass develops smart bank scanning, facial recognition and other smart solutions. It runs the Good Finance Sandbox, a sandbox for business. Designed by Goodpass, the app allows citizens and businesses to easily share their credit history, bank statements, credit rating, and financial passport with credit providers and other businesses on their smartphones.

About Good Finance


The Good Finance credit bureau is an information system provided (and retrieved) by commercial banks, credit unions, leasing, consumer credit, telecommunications and other companies. Using advanced forecasting techniques, the credit bureau develops rating models that predict future customer behavior, programming customer application management and other systems.

The credit bureau plays an important role in the financial system by helping financial institutions make sound credit decisions and by facilitating access to finance for sound businesses and citizens.

Tips and Tricks for Direct Unsecured Fund Loans

Loans without liquid direct-loan funds do offer a lot of conveniences, but despite all this, there has been little refusal to apply. Check out these tips and tricks to get a securities loan with no immediate guarantee!

Ever heard of a bank loan without a liquid guarantee? Or have you already filed? Loans with unsecured direct loans or better known as unsecured credit are a type of loan that does not require collateral or collateral so the repayment process is faster. It usually takes from 1-14 business days for the funds to flow into your savings account.

We have always thought that applying for a loan without a liquid guarantee can be easily approved. In fact, it is not uncommon for submissions to be rejected. Of course, this objection is due to different things.

For those of you who want to apply for a loan without a direct guarantee, Good Finance has some tips and tricks to do:

Meet the Terms

Meet the Terms

The first thing to do is to meet the requirements provided by the loan lender without any liquid guarantee. There are many cases of refusal to apply for unsecured funds lending because prospective borrowers do not meet the requirements. So make sure you first read through the terms provided, from the minimum and maximum of the borrower’s age, homeownership, minimum income, credit card ownership, minimum credit card limit, and so on.

Therefore, look for a place where liquid loan providers without a direct guarantee do not have a stringent requirement to make it easier for you to apply for a loan. Examples include Good Finance, who only requires a minimum of 21 years and a maximum of 55 at the time of repayment, having a National Identity Card, National Identity Number, and a local bank account.

Prepare Required Documents

In addition to meeting the requirements, you also need to prepare the necessary documents. Different places where unsecured loan lenders are different. But an average place without a direct deposit loan will ask you to prepare a photocopy or scan of your national ID, a photocopy of your ID, and your original payslip. In addition to these three documents, there are several loan lenders who have also asked for a bank account for the last three months, proof of domination (in the form of electric or telephone bills), marriage certificate, QA (Family Card), and so on.

You need to bring it down if the photocopies or scans you make must be legible. Don’t write it blurry, blurry, or shudder because the document you submitted will never be accepted and returned to you. This is the case where many unsecured loan applications are rejected. So try to re-check the document you are about to submit.

Having a Bank Account and Payroll will be easier to approve

When applying for unsecured loans, keep in mind the bank account of your lender’s partner bank. Let’s say you will apply for a loan without a direct deposit on Good Finance, if you have a local or domestic savings account, then your submission will be easily approved as the main requirement is to have a local savings account. If you don’t have one, then your submission will be rejected. Therefore, paying attention to your partner bank account is very important.

In addition to a partner bank account, having a payroll account will also help you a lot. A payroll account is an account you use for payroll transfers from the company you work for. So suppose that among the seven local banks above, your paycheck is being transferred to a standalone Bank account, then you can include that standalone Payroll account when applying for an unsecured loan. How can a payroll account help with unsecured direct lending? This is because the lender will be able to deduct the monthly debt installment directly from the payroll bank account to make the process of debiting easier.

Make sure the Debt Note is clean

Make sure the Debt Note is clean


A good and timely loan installment payment will make the lender with no guarantee of liquidity believe your ability to pay off the debt. So make sure that your name is not on the list BI blacklist checking. How do I check it? You can check BI checking in the SLIK (Financial Information Services System) application launched by OJK (Financial Services Authority) or you can also access the official website of OJK.

What if you already have a credit balance? Try paying off your debt arrears immediately and monitoring your BI checking. If you still have bad credit records, you can report it to your bank or credit institution to clear your credit card.

Online Loans Faster

Unsecured loans can be applied offline as well as online, but do you know that it turns out that unsecured funds lending online can melt faster. Of course, there is a reason. All of the requirements documents that you provide offline will be transferred scanned later, which may take some time to process. In addition, if you apply for a loan without any direct deposit online, all of the required document documentation must be digitally scanned so that it can be processed immediately by your lender.

Choose the Right Time to Apply for a Loan

Choose the Right Time to Apply for a Loan

Other tips you can apply are to choose the right time to apply for a bank loan without any liquid guarantee. The best time to apply for a loan is on a Monday-Thursday because it is still a workday calculation so once the terms of the document have been approved, they can be transferred to your personal account immediately. The other thing is if you apply on Fridays, then the process will wait the next day.

You should also keep an eye on the hours of operation at the office where the loan lender is without liquid guarantee. You should not apply for a loan when the hours are up because it will be processed the next day.

Learn about unsecured direct lending

Once you have done the six tips and tricks above, make sure to also carefully study the liquid loan product without any immediate guarantee you may wish to apply, ranging from loan terms, loan terms, interest rates, additional costs, and more. conditions apply. By studying a loan without a direct guarantee of liquidity, your application will be streamlined and processed quickly so the funds can be liquid immediately.

Credit agreements with business increased

With the growth of trusted companies in the market, banks and other financial institutions have signed more credit agreements with business in the first half, credit bureau data show.

At the end of June, 83.6% of companies in Lithuania had “good” credit ratings, which indicated that the likelihood of late payment by these companies was low or medium. The number of good companies is 0.4 percentage points higher than a year ago, when it comprised 83.2% of operating companies in Lithuania.

“The proportion of trustworthy companies increased slightly for reasons of the whole. These include the continued creditworthiness of companies, the increase in the share of profitable companies last year and a 0.9% increase in total corporate income. True, corporate financial reports show that overall corporate growth was twice as slow as a year earlier (1.9%), ”says Andrius Bogdanovic, CEO of Basil Ransom, a credit bureau where financial institutions value customer credit.

More credit agreements

More credit agreements

According to preliminary data from the credit bureau, in 2017 In the first half of the year, financial institutions concluded 4% more credit agreements with business than a year ago. The quality of credit issued this year was better than last year. For example, during January-June, credit institutions with credit institutions averaged 5.5 (on a scale from 1 to 10, where 1 indicates the lowest risk). The average credit rating of companies that received financing in January-June last year was slightly “inferior” to 5.7.

In the first half of the year, the need for working capital to borrow decreased, and companies borrowed more for investment by taking long-term loans. The median of working capital loans was LTL 20 thousand. Eur. The median for investment and development loans was 17 thousand. Eur. Service companies accounted for the largest share of credit agreements – 26% – with wholesale and retail companies accounting for 19% and transport companies for 14%.

The economy is growing, so are exports, and low interest rates

The economy is growing, so are exports, and low interest rates

Allow businesses to borrow at a favorable price. In the next half-year we can expect that the need for business financing will not decrease. On the other hand, companies are experiencing a shortage of skilled workers, which turns into uncertainty as to whether the investment will increase their production and customer service capacity. From a financial institution perspective, moderately better corporate financial ratios for lenders are a sign of the growing number of potentially good clients in the market that can be funded, ”says the head of the credit bureau.

Looking ahead to 2018, the Second Payment Services Directive (PSD2), which will enter into force in January, will open up new opportunities for business. Although it poses many challenges for banks, the entry into force of the directive and the transformation of the financial market will in the long term inevitably accelerate the automation of credit solutions and the development of new solutions. Start-up focused funding platforms are already opening up new business finance opportunities.