While individuals have long had to go to their bank to take out a credit agreement, the digital revolution has lastingly transformed the consumer credit landscape. You can now apply for consumer credit online to save both time and money. Would you like to finance a personal project with an instalment loan under the best conditions? Here are the steps you’ll need to follow to get your financing online.
Online credit application: the preliminary stages of your project
An online funding application necessarily begins with the selection of the organization to which you will submit your application. You should have thought about the broad outlines of the project you wish to finance, as well as the budget you will need to carry it out. By preparing your loan application in advance, you will be able to turn to the offers and contacts best suited to your situation.
This type of free online tool allows you to estimate the amount of monthly payments you will have to repay, but also to compare the advantages of each type of loan. You can thus carry out several credit simulations to refine your application while controlling your debt and repayment capacity.
Have you carried out your loan simulation and chosen your financing organisation? You can now complete your application to benefit from the availability of funds as soon as possible.
On-line personal loan application: the steps to obtain the availability of funds
You know the exact amount of funding you need, as well as your ability to repay, so it’s time to submit your application to the organization of your choice.
Go to the website of the organization concerned, then access the consumer credit application form. You will then have to provide your contact person with a certain amount of personal information. The latter will then send you a reply in principle, either immediate or rapid, to inform you of the chances of success of your application. If the answer is positive, you will be offered a credit contract online: remember to study it carefully, and don’t hesitate to contact your contact person if you have any doubts or questions.
Are you satisfied with this contract offer? All you have to do is gather the various obligatory supporting documents. These generally consist of a copy of your identity document and proof of income, a copy of your bank card or possibly a certificate of household composition. You will then have to download all these documents and digitally sign your contract.
Once your complete file has been received and definitively accepted, the organisation will make the loaned funds available to you by means of a bank transfer.
There is a cooling-off period: during 14 days, you can decide to cancel your application for an instalment loan or change the terms of your application.
Online application for a personal loan: the golden rules to follow
Although the process is quick and easy, applying for consumer credit online is not something you can improvise. You need to prepare your file carefully and make sure you have the necessary resources to meet your monthly payments while financing your personal project
To successfully apply for a personal loan online, you’ll need to compare different financial assumptions and adjust them according to your particular situation. A simulator will prove to be a great help: take your time to compare your financing assumptions, adjust them and validate them.
It is also a good idea to make arrangements in advance if you want to benefit from the rapid availability of funds. Don’t hesitate to gather the required supporting documents at the earliest stages of your project to save time later on!