Instant payday loans are offered both on the Internet and in various branch banks. There is often the opportunity to get an immediate loan approval immediately after submitting the application. A final commitment will then be given within 24 hours at the latest.
An instant payday loan is usually freely available and can be used to finance larger purchases as well as a vacation trip. Older and more expensive loans can often be repaid. However, some instant payday loans are specifically earmarked. This is the case, for example, with a wide variety of car or real estate loans. Proper use must be demonstrated to the lender here.
There are instant payday loans both with and without Credit Bureau, although the latter are not available in Germany but only abroad.
Depending on which provider you apply for your loan, different requirements apply. In principle, however, you must be over the age of 18 and have your main residence in Germany. In addition, it is almost always necessary that you are an employee and have a regular income. This also applies to instant payday loans from abroad. Income there is often even more important than with a loan in Germany, as the banks do not request Credit Bureau information.
You can easily apply for all kinds of instant payday loans online. All you have to do is fill out a specially prepared form and you will usually receive an approval for your loan. Now you have to print out the application form and send it to the lender by post. As soon as he has all the necessary documents, he will immediately arrange the payment of your loan amount.
Compare instant payday loans
The entire offer for instant payday loans is very confusing. For this reason, you should always make a comparison on the Internet before deciding on a specific lender. There are special comparison portals that can calculate a suitable offer for you within a few seconds. You can then check this at your leisure. If you like it, you can immediately apply for a loan.