The microcredit company FinaGuru issues short-term and long-term online loans to individuals. The organization does not have a branch network; it operates remotely via the Internet.
Creditnice is a microfinance company operating since 2013. It specializes in loans with online processing, including to pay for purchases from partners; it also issues virtual credit cards and provides credit lines.
Loans to a card without refusal or checks
Microfinance companies, unlike banks, do not impose strict requirements on clients. When reviewing applications, they do not check many characteristics, and in some cases they do not check clients at all. You can apply for a microloan online and receive money to a bank card, e-wallet or money transfer. This will allow you to urgently solve your financial problem.
Here you will find out which organizations quickly lend money without checks. When choosing, consider the amount and term, interest rate, requirements for borrowers and other conditions.
How to apply for a loan online without checking your credit history
After choosing an MFO, you need to fill out a form. It is better to provide reliable information, without exaggeration. Then choose which way will be convenient for you to get a loan. The money is instantly credited to your bank card. After filling out, you need to send the application and wait for an SMS response with the result.
If the client applies for the first time, the organization will still check the credit history. However, they may not take into account the negative aspects. For example, if there were overdue debts, but they have already been closed. Some even approve a microloan if there are open arrears. However, you need to be prepared for less favorable conditions: a small amount, a short term and a maximum interest rate.
Advantages
Such organizations are often the only way to urgently obtain a trouble-free loan for a client with problems in his credit history.
You will have a better chance of having your application approved and receiving money if you apply to an IFC or MCC that does not screen clients
Flaws
When applying for a loan without checks, the organization often includes risks in a high interest rate
Most MFCs and MCCs still carefully check clients
How to avoid being rejected by an MFO?
To get approval, it is worth knowing why MFOs most often refuse to issue a microloan. The reasons are:
- Damaged credit history
- Insufficient income
- Sending multiple applications to different companies
- Incorrect information in the application form
- Inappropriate borrower age
- Recent refusals in other microfinance organizations
- Frequent job changes
The presence of three or more children, and the age of the youngest of them implies that the spouse is on maternity leave
Unreliability or criminal record
It is not a fact that all companies will refuse for one reason; everything will depend on the conditions for providing a microloan in each of them. However, this should be taken into account when applying. Little-known organizations are more loyal and pay less attention to credit history.