It is possible to obtain a credit without proof of use of the money, but never without documents proving your identity or income. It is important to clearly distinguish these two concepts. We will now see how to get an easy loan without proof of use of funds. We will see above all how to obtain a favorable loan opinion, namely an immediate response, without giving up the best APR rate.
Easy loan and no proof: the solutions
There are two types of loans without supporting documents, which do not involve giving the reason for his need for money:
- Personal loan
- Revolving credit
What is a personal loan?
The personal loan is in a way an easy loan without proof, since it is not necessary to indicate the reason for the credit to the lending institution or establishment. However, it is a loan involving the supply of a large list of supporting documents, including proof of income (salary slips and tax notices). The APR rate is also fixed, indicating that it cannot change over the entire duration of the loan.
Important: it is impossible to find a credit without proof of income, whether online or with your banker . Only certain requests in large brands allow you to make a purchase only using your bank card.
The personal loan in brief
- Amount: $ 1,000 to $ 75,000
- Duration: 12 to 84 months
- Rate: fixed APR
- Type of credit: without proof of project
Revolving credit, easier to obtain?
Small revolving credit is an easy loan without proof of use of funds, just like the personal loan. This type of credit, on the other hand, is easier to obtain than its cousin. This difference is explained due to its operation.
The revolving loan is in most cases a small loan, the amount of which rarely exceeds 4000 USD. Reusable through a reserve of money, this small loan without very flexible proof of use is also more expensive on average than the personal loan. Lending institutions make more margin in the long run, especially when the borrower decides to use the money available in the credit reserve.
Revolving credit at a glance
- Amount: 500 $ to 4000 $ (rarely more)
- Duration: 36 months maximum up to 3000 $, 60 months beyond
- Rate: APR revisable
- Type of credit: without proof of project
Revolving credit is almost always credit without providing a tax notice . It differs on this point from the personal loan. You could say that this is the real easy loan without proof. The files are indeed accepted more easily on average. The rate is an adjustable APR, unlike the fixed rate applied to the personal loan. This revisable APR indicates that the rate is likely to change during the course of credit. This is mainly the case when reusing the money available in the reserve. The rate of a revolving credit obtained during a first opening is only very rarely the same during the following uses .
Any request for credit 4000 USD or less made from our comparator lists the best solutions of small revolving credit . A loan without proof that we evaluate according to criteria slightly different from those of the credit above 4000 $:
- The best APR rate
- Chances of receiving a favorable opinion
Concretely, we always put forward the organizations capable of ensuring excellent rates accepting many requests on average. There is nothing more frustrating than being faced with refused credit when you apply for small credit.
How to get an easy loan without proof?
Whether it is an easy loan in the form of personal loan intended to finance a major project (travel, wedding, car, etc.) or a revolving loan for a smaller need for money, the best reflex is to turn to a credit comparator .
Our comparator offers a classification of the best APR rates for easy loans without proof , but above all provides an immediate response in principle to each request.
The best organization is interviewed immediately, using a simple four-step questionnaire. An immediate favorable opinion results in an acceptability rate higher than 50%. When the best organization is unable to provide an easy loan notice without immediate proof (opinion <5% or file under study), it is possible to immediately question the specialists completing the classification.
In our example, the organization ranked first needs a little time to study the loan request without proof. We therefore sought immediate advice from the second, Bankate, who accepts the credit without conditions. The confirmation arrives in this case by email within 24 hours. This is followed by a credit agreement, on which it is necessary to check that the rate stipulated during the simulation is indeed compliant.