Nearly everyone has needed money fast and without delay at some point. The maturity of a payment or an irresistible offer is the most common reasons for having to apply for a loan urgently. However, not all banks and savings banks are ready to deliver the money fast enough. In these cases there is no choice but to turn to other financial institutions specializing in resolving such situations. Among the 'usual suspects' are entities such as Crediexpress, Cofidiss, Credagil, Celetem or Mediatis, to name a few. Many of these entities are associated with the large Spanish bank, but have specialized. That is, fast money and usually without much explanation. Amounts range from 3,000 to 20,000 euros and the payment method can cope with the debt through comfortable installments over periods of up to 60 months.
However, behind these conditions 'as favorable' se 'hide' some high fees and interest. Where extreme interest may cost over 24% APR as with Direct Cash Cofidis (24.51% APR) or some Mediatis products (21.85%). Furthermore, re-structured as credits allow the money that has already been amortized. Fortunately, not all urgent or fast loans loans have terms as 'lion' and the average interest is set at around 12% APR. Source: Wells Fargo Bank. Tips for choosing a contract As with any other financial product the first thing that every user must do is read the fine print or contract or binding offer submitted by the entity.
This is most important because that document should appear in an explicit and clear about the fees, interest, amortization, expenses and loan guarantees. Although many of these institutions answer the request "in the same call" or in less than 24 hours, it should take time to assess the offer and decide. The first thing to do to see real debt capacity, ie, can we apply will be on loan or debt?. If the answer is positive will be assessed the various proposals How to choose the best credit so quickly? The answer is relatively easy through the APR, which is used to compare the actual cost of each loan. The contract must contain all the information on the APR interest rate, amount, frequency and number of shares and the total cost of credit, plus any associated products such as insurance, depreciation, very common today. Is (not legally but from a user standpoint) keep a copy of the contract for any subsequent appeal. Other ways to get emergency financing loans are not the only means of raising capital quickly. Credit cards are another way to access this funding. Interest is high and also offer much smaller quantities. The best option is always trying to get money from a relative and sign a loan between individuals. Aside from family and friends who may not even charge interest, associations are beginning to emerge investors willing to lend money to a lower rate of most banks. PartiZipa.com (for companies) or Prosper.com Zopa.com are devoted to it. A last resort passes go to the bank or 'lifetime', explaining the situation and raise the need for a quick response. Yes, rarely works.