How to apply for a Personal Payday loan?

How to apply for a Personal Payday loan?

It is possible to apply for a Personal Payday loan at https://Personal Payday.sk/en/pozicky/ziskatuver/. Personal Payday lends in the form of so-called. crowdlendingu. It is a community loan where funds are collected from several smaller investors. Loan size Personal Payday: from 50 to 2,000 €

The loan repayment period is from 3 to 42 months.

Loan approval conditions and cost list

Loan approval conditions and cost list

The applicant must fulfill several criteria in order to be approved for the loan. For each applicant a so-called. credit rating. The result is a numerical value that determines what amount the applicant can get the maximum and whether or not Personal Payday approves the loan at all.

Personal Payday charges several types of fees that the applicant must consider before applying.

What is the advantage of a Personal Payday loan?

What is the advantage of a Personal Payday loan?

The advantage is that after accepting a bid for a loan, the applicant may not accept the terms, but may set what interest he would receive, thereby setting his request to the pending. If an investor who wishes to do so occurs within a week, the portal will automatically contract on behalf of the applicant. If an investment offer does not come within a week, the request is canceled.

What is required to apply?

The applicant must first register with Personal Payday. The Customer Center processes its registration and can request additional documents.

Are there other options for Personal Payday loans?

Are there other options for Personal Payday loans?

Personal Payday offers only one type of loan, and that is a community loan.

Loan Application Process

The application process is different from the standard loan application process.  If an investment offer does not come within a week, the request is canceled.

Let’s take a look at specific steps:

  1. Registration
  2. Loan application
  3. Money transfer
  4. Loan repayments
  • community loan
  • monthly payment
  • fee
  • loan application