Within the loans there are different options.
In this case we will tell you everything you need to know about payday loan , which allow you to reach your goals with the help of your salary.
The motto of the loans is “your plans in motion” and it can not be more appropriate. In the case of the payday credits of the bank your salary grows. The maximum amount that can be obtained is $ 500,000, the interest rate is annual and fixed at 15%, the terms to pay are 36, 48 and 60 months. It is also a credit of the reusable type is to say that what is being paid is requested.
Among the requirements to apply for the payday loans are:
- Receive the salary at bank
- Demonstrate $ 2,000 of minimum monthly income
- Be between 21 and 79 years old
- Present an official identification in force
- Have 3 months minimum age with the payday account
- Carry a proof of address in the event that the current address is different from the voter’s credential.
The steps to request the payday loans are:
- Locate the nearest branch or where you are a customer.
- Present the identification and the proof of address.
- Know the conditions and commissions of the payday credit.
- Complete the application.
- Register the cell phone number to receive notifications related to the credit.
In the case of having a pre-authorized credit it can be accepted from an ATM .
Customers interested in payday loans perform similar questions. These are the most frequent:
1. Why is this payday loan from different from the competition?
Answer: The main distinguishing characteristic is the redisponibilidad. This means that as payment is made, the available line of credit can be reused without additional procedures. At the same time, this loan has a very low rate (one of the lowest on the market) of 15% per year, does not charge opening commission, nor does it charge an annuity or initial provision.
2. Do I need to be a customer to apply for a payday loan?
Answer: Yes. It is a non-exclusive condition to have an account where payday or pension payments are received and to have a debit card.
3. How much should be expected to receive authorization and approval of the payday loan?
Answer: The process is quite fast, especially if an invitation or a pre-approved credit message has been received. In 30 minutes a response is obtained and if the request is approved within a maximum of 48 working hours, the money is credited to the account. In the case of a request without invitation or without pre-approval, the process may take up to 5 banking business days.
4. Can the credit be settled in advance?
Answer: Of course, if and best of all, doing so does not generate a penalty or additional payment for early settlement.
5. Where can the payments be reflected?
Answer: You can check the status of the account at any time and place from the application. It is necessary to download the electronic account statement or request it in a branch personally.
The payday loans are indicated in national currency (Mexican pesos) and are offered throughout the Mexican Republic through the National Bank of Mexico. Failure to comply with obligations can generate late interest or additional fees. You should not forget that contracting credits that exceed the ability to pay directly affects the credit history.
This type of credit is ideal for those who have an account in the bank and receive their salary from there. On the contrary, those Mexicans who either have their employers or themselves have not opened an account, have occasional employment or are unemployed do not have access to these banking products and services.
For all of them we have the solution: online credits without payday. We are a website that brings together the best private lenders in Mexico and offers them to applicants after filling out a form. It is very easy and fast since you should not join any branch. From your home or any site with internet access. The answer takes 15 minutes and the crediting of the money 24 hours. Use the loan calculator to simulate the maximum amount you can receive.