A personal credit and/or personal loan is that operation carried out by a financial entity, delivering a certain amount of money to a person called the debtor, where the debtor enters into an obligation to return it within a certain period of time plus the amount of interest.
The most notable advantage of this type of credit is that not so many additional requirements are necessary.
Will a personal loan be just what you need? Surely many questions come to your mind and you haven't decided yet.
| Positive Points | Negative Points |
|---|---|
| No bureaucracy when applying for a loan | Must have at least 6 months of proof of payment |
| Fast process that takes less than 10 minutes | You must request the reason for the loan on the form |
Here we explain everything about personal loans and their features. A personal loan is a contract where the return of a borrowed amount plus interest and other expenses is signed and recorded.
This is a type of loan where the lender gives a sum of money to the borrower to be used for any purpose.
The interest rate will depend on your credit history. This clearly can vary, as it will depend on the policies of each bank.
To find a really attractive and affordable interest rate, it is important that you compare well all the options you are offered. In some cases and depending on the bank, teller or fintech, you can access a personal loan just by filling out a form.
On the internet there are many informal lenders, so inform yourself well before closing deals, as you can get yourself into serious trouble.
If you have already chosen the bank, savings bank or fintech, you can pre-approve online in a matter of minutes, but you have to be very careful with the conditions.
| Benefits | |
|---|---|
|
Ease of Application
|
You have one of the easiest loan applications on the market |
|
No financial history check
|
No bureaucracy and no credit history consultation |
|
No hidden fees
|
No hidden fees for the loan application |
|
Online application
|
Fully online loan application process |
It is important to mention that the requirements shown are referential, as each financial entity or lender has different mechanisms. There is also another type of personal loan with different features and more benefits.
Rates
Plata personal loans have no application fees, only interest rates charged during the repayment period. So, to find out more and apply for your loan, click on the button below.
I Want My LoanCustomer Service
Plata Personal Loan has a great service center, being very well recognized and highly praised by customers.
Values and release
Plata Personal Loan amounts range from $2,000 to $15,000. Besides, the credit is released within 1 day at the most. So, know a little more about the loan and apply for yours by clicking the button below.
I Want My Loan
