It is the widespread opinion that a quick loan is inevitably to be taken on the Internet, since the exchange of data takes place particularly quickly there – however, this is not the case in practice, on the contrary: this means that the documents are also original or as A copy of the bank must be presented, there are waiting times for the necessary mail.
A fast loan should not only be characterized by a quick loan approval, but first and foremost by a quick payment of the committed loan amount – and that is the crux of the matter: online loans are quick in the preliminary commitment, but not necessarily in terms of the current payment, a borrower
Those who are looking for an instant loan or a loan with an immediate commitment should be prepared for a few working days, but at least a week, before they theoretically have the money in their checking account or can receive it by post.
Documents and requirements
Regardless of whether the lightning loan is paid out quickly or not: loans with an instant commitment are only designed for employees and civil servants, as they can show a steady and consistently high income. The self-employed, on the other hand, are usually asked to audition in the branch in order to discuss the financing needs with the advisor in more detail – this is because it simply takes longer and is also somewhat more complicated to be able to assess the creditworthiness of a self-employed person or freelancer.
If you apply for an instant loan, if it is an instant loan on the Internet, you must first complete and print out the online loan contract, then sign it, attach copies of the employment contract, the pay slips and the latest bank statements or whatever the bank requires, and attach them send to the lender by PostIdent procedure.
The creditworthiness of the borrower is calculated on the basis of these documents and then a loan approval or, if the creditworthiness is too poor, a loan refusal is issued. By the way: mortgage lending should never and can never be a quick loan because many different factors have to be taken into account here. And that from the side of the bank (property valuation, credit rating), as well as from the borrower (amount of interest, special repayment rights, fixed interest rate, etc.).