Money, up to 500 USD in a very simple way
Small loans is not too different from other mini-credits in its nature. It is a product oriented to cover specific needs, which does not require complex procedures and whose interests are more or less high. But it brings the novelty that, unlike others, it can not only be ordered online, but also in person by going to any of the Cash Converters network stores.
In this way, those people less versed in the use of new technologies or who prefer personal treatment in relation to money matters, have a person to contact, raise their doubts, and, if necessary, claim if for any reason reason they were not satisfied. In addition, in the case of opting for this option, or when requesting it online, the delivery of the money is made in cash and by hand.
Of course, the rest of the contact channels are still available for those who prefer to use them, so a Small loans credit can also be requested online or by phone, and the process will be equally simple.
Steps to get a credit in Small loans
Before starting the process, it is important to know the necessary requirements for the request. Any person between 18 and 75 years old, residing in Spain and who has an account with a bank located in the national territory, can request a mini-credit as long as they have a regular income guarantee such as a payroll, pension or unemployment benefit.
In addition, Small loans will accept requests from clients in Asnef with low-value debts, related to the non-payment of invoices with telecommunications companies.
If you enter this profile, simply contact Small loans through one of the Cash Converters stores or on the Small loans website and make the request for the amount required, indicating the period in which you want to make the return.
Once the identity is accredited through the presentation of ID or electronic bank verification, and that the necessary requirements are met, the money begins to be transferred immediately. In the case that you work with a different bank, it can take up to 48 hours, but if this problem does not exist, in 10 minutes it will already appear in the account of the applicant. If the management has been done in person, it will not even be necessary that short waiting period, since the delivery will be made by hand instantly and in cash.
It should be noted that there is another way, the telephone one, to request a loan in Small loans, but it is limited to clients who have previously requested a microcredit.
Amount and term of Small loans mini-credits
As previously stated, Small loans offers up to 500 USD, but only customers who have requested at least one credit previously can access this figure. For new customers, the limit is set at 300, which has been the standard in most financial products of this type.
Regarding the time in which the return must be made, a minimum period of 5 days and a maximum of 30 is established, with different scenarios depending on whether the credit is reimbursed prior to the agreed date or if, upon arrival, no it has been possible to proceed with its complete return.
If, for any circumstance, you have the possibility of completing the credit settlement before the indicated date, the client will save the proportional part of the corresponding fees, since the cost of the credit is established based on the return period. If the deadline has not been canceled, there is the possibility of extending it, although, as usually happens in these cases, at a higher cost.