Are you self-employed and need a loan? Then you can get cheap instant loans for the self-employed. These are installment loans that are basically intended for private purposes. Here you can get money very quickly and unbureaucratically:
The self-employed credit problems
Otherwise it is difficult to take out a loan as a self-employed person. The banks, which, in contrast to the civil servant, for example, do not have a salary guarantee for a self-employed person, must therefore already have a lot of equity capital if they approach a bank with a loan request. In addition, the bank checks all possible information about the company / company requested in writing. Strangely enough, the banks have left a loophole where it comes to personal loans. There they do not check to the extent or not at all as usual with self-employed persons.
The role of direct banks
It must also be pointed out that cheap instant loans for the self-employed, even if they are declared private, are not granted by the local banks. However, a number of direct banks have specialized in providing the self-employed with the necessary capital. But here too the restriction applies: cheap instant loans for the self-employed are only available if they are not needed for business purposes. These would then be found under normal instant loans.
The advantage of direct bank loans
An additional advantage for cheap instant loans from direct banks for self-employed and freelancers is the fact that applications are processed extremely quickly. Last but not least, internet banks or direct banks can offer particularly low lending rates due to the fact that they have no personnel costs on site.
Direct bank loans for business purposes
If the instant credit for the self-employed is nevertheless to be used to finance business tasks, then it can be assumed in any case that the direct banks also have a lot of documents presented to them to be checked. After all, they also take a high risk. But that doesn’t mean that you now have to stick your head in the sand as a freelancer. It only takes a little longer. But then you can definitely benefit from cheap offers from the direct banks.
Special features for loans without paperwork
Some lenders also advertise that your application will be processed without much paperwork. You only require a tax assessment and a copy of your identity card. It would be optimal if one could present a recent tax assessment (2009, 2010). If this is not (yet) available, one of the previous years (e.g. 2008) can do so. You will receive the desired loan or rejection within 24 hours.
Limits on the amount of credit
The minimum credit is $ 5000, but the maximum is only $ 35000. Maturities are up to 84 months, the interest rates are described as usual for banks and are not available at least on the Internet. You can find out about them on request. If you then read on about the first information that reduces the inhibitions, you will learn that the loan is only granted if the submitted tax assessment attests an annual profit of at least $ 15,000. In addition, a credit bureau examination is carried out, in which the applicant has to get through as little as possible. This ultimately serves to confirm the applicant’s liquidity.
Nothing works without credit bureau
Here, too, the applicant could breathe a sigh of relief, because it is the first time that he has liquidity problems. But now the next restriction follows. The tax assessment notice or the annual profit shown therein determines the amount of the loan amount within the maximum credit limit shown. In other words, the higher the annual profit, the higher the loan that can be granted.
The lenders and the collateral
So if you want to buy a car on credit as a self-employed person, you can leave your vehicle letter to the bank until the loan is paid off. Freelancers are always welcome loan applicants. You should never grant advance payment.