When applying for a loan, banks are usually interested in whether a person has an official source of income. It is important for them that the client is officially employed and has been working for more than one month. It also matters how good a person's credit history is. At the same time, not all people are officially employed; there are also those who work, but do not have a work book. They cannot confirm their income, which is why banks refuse to issue a loan to them. There is still a way out of the situation, for example, you can contact the MFI. Microfinance organizations approve loans even to those people who do not have an income statement and work book. It is recommended that you figure out what are the advantages of obtaining such a loan.
Who will be interested in a loan without certificates?
If a person cannot officially confirm his income, he will be interested in those companies that are ready to apply for a loan even without a work book. This service is used even by those who work, but for various reasons cannot use the services of the bank. For example, mothers on maternity leave, students, disabled people, pensioners. Also, people with a criminal record, unemployed apply to MFOs.
Now you can take a credit on a card without any information and then extinguish it. The procedure is simple and takes no more than 15-20 minutes.
Advantages of taking out a loan without income statement
There are many advantages of applying for a loan in an MFI without a certificate of income. You should read them to make an informed decision.
Advantages:
- There is no need to look for ways to prove your income or worry about a low salary.
- You don't have to look for a guarantor, take out insurance or put something on bail.
- Applications are approved with a high probability. You can get money even on a weekend or a holiday.
- Funds will be transferred quickly. As mentioned, the procedure takes a maximum of 20 minutes.
- No need to specify what the money is for. A person can spend them at their discretion.
MFIs work officially and speak openly about the terms of lending. If the person is satisfied with everything, he will sign the contract and immediately receive the money on the bank card.
Cons of obtaining a loan without a work book
Usually people do not complain about microfinance organizations and speak positively about cooperation with them. Companies work honestly and responsibly, quickly review applications and answer all customer questions.
There is only one minus - a person must be sure that he will repay the debt. It doesn't matter whether he works or not, what income he has, in any case he will have to pay off the debt. This has to be done in a timely manner, because otherwise the borrower will face fines and penalties. If a person is not sure that he will return the money, then it is better not to contact the MFI.
Otherwise, getting a loan without a work book and income statement has only advantages. There is no need to go through complicated procedures, go to the bank and receive refusals. The microfinance organization approves almost all applications, you just need to fulfill the established conditions.
