You need a small loan of money and you need it now. Are you tired of hearing deceptive advertising about mini-credits that you will receive in 10 minutes and then do not meet the deadlines? One of the biggest advantages of Cashier Loan is that it complies strictly with its slogan of “urgent money in 10 minutes.” In Cashier Loan it doesn’t matter what day of the week it is, since they also work on weekends and for 24 hours a day. The bank you work with doesn’t matter either, since they have agreements with all the banking companies.
Once they accept your loan application (maximum 300 euros) the transfer time is 10/15 minutes and you can have the money in your bank account. If you really need an urgent loan, Cashier Loan is the company that makes it easier for you and an interesting option that you should value.
What is Cashier Loan
It is a company that began its journey in the Nordic countries. It is a company of the FriendlyFinance group, specialized in the creation of micro loans that do not depend on the traditional financial industry. They want to differentiate themselves from the old banking school through transparency and the elimination of endless requirements. The goal of this great company is to offer an affordable service for everyone in a fast, fair and transparent way. Cashier Loan is one of the fast money lending companies, with a high level of customer satisfaction.
Now that we know that the Cashier Loan pillars are entrenched in a powerful international company, let’s see what kind of credits this entity offers and what their requirements are.
What requirements must I meet to apply for a loan at Cashier Loan
The micro loans they grant are for a maximum of € 300 that you can repay within 5 to 31 days. From the first moment you can know what you are going to pay for interest and know the Annual Equivalent Rate. Enter here to calculate the interest of the money you need. The interest expense will not vary at the end of the process, the information will be clear from scratch so you will not have to worry about the inclusion of last-minute added expenses.
The requirements you need to meet in order to get your credit online are the following:
- Your age range must be between 24 and 75 years.
- You do not need a payroll, but if it is necessary to have a demonstrable monthly income (pension, retirement, unemployment, non-contributory help, etc)
- It is also important that you know that you do not grant loans to people with credit card debts and other banking products.
How do I apply for my microcredit online?
What you need before making your money request is to have a computer, a Wi-Fi connection and leave your Identity Document (NIE or NID), your bank account number and the connected mobile phone ready. Are we starting to complete the application?
Fill in the customer registration form
With your bank account and identification it will be enough to register as a customer. Once you fill in your information and verify that the information provided is true, you will receive confirmation in your email or SMS on your mobile. This is how easy you are to become part of Cashier Loan’s clients, being able to access the client area where you can request your loans.
Request your money online
The next step is to make the request for the credit you need and the repayment term. Once you see the interest payable, it is time to press the “loan application” key and with this click you will be making the formal request and accepting the contract. At this time you will have to wait to receive the approval of your micro loan via mail.
To enjoy your loan online
Once your request is approved, you will receive the money in your account. This procedure will not be very long and you can have the money requested on the same day.
What interest should I pay?
As we have already mentioned, the interests are clear from the start. Of course, these expenses vary depending on the amount requested and the time in which you want to repay your loan. The APR also varies based on the same factors. So you know clearly what you should pay for your micro loan, let’s see an example:
- You have an unexpected car repair and you need 300 euros immediately. You ask for the money and decide to pay it in 31 days (maximum term). What you will pay for interest at the end of the period will be 108.81 euros, which is equivalent to an APR of 3,723.4%. If you decide to pay in 15 days, your interest will fall to € 53.73, with the APR of 5,408.9%.
For € 100 of loan to be paid in 30 days, you will pay € 36.95 of interest. How is that much clearer?
What Cashier Loan customers think
Contrasting the opinions of clients who have already used the service of this credit finance company is important. So you can know firsthand what people think, like you, have found themselves in the same situation. You can learn from the experiences of others and first hand: