Payday loans What do you need – Where is the easiest way to get a cash loan?

If you want to take a loan from a bank, you can be sure that your earnings certificate is among the required documents. In the case of payday loans, which are given by Share-a-banks, this is not so obvious. The vast majority of loan companies do not expect their clients to present an income certificate. This is a very good solution because it gives a chance for a loan to those who are employed illegally or have a junk contract and are unable to document their entire income. No need to provide such a certificate is also a huge time saver.

Payday loans are a great solution for anyone in need of cash and at the same time not having a good chance of getting a loan from a bank. Instant loans are associated – and this is the right association – with a quick credit decision and formalities that have been really severely limited. However, the question arises as to what lenders are able to accept when it comes to the income of a potential borrower.


The vast majority of lenders do not expect a certificate confirming the amount of income generated. The only document required to grant a payday loan is an ID card. On the other hand, there are often questions about monthly revenues in the payday loan application.

When completing such an application, you should carefully consider all the sources of income we have. This is not only about the remuneration for work performed, but also the profit obtained from renting flat bor maintenance received monthly.

However, false information must not be included in the application. We must remember that we will have to pay back the money lent to us sooner or later. If the amount we intend to borrow is too high, we must take into account that the Share-a-bank may require us to document income. In many cases, however, it is enough to provide an account statement for the last few months.


Where can I get proof credit?

Where can I get proof credit?

Loan companies most often verify the identity of their clients based on the ID card provided. The loan application must include the series as well as the ID number. In some cases, a photocopy of the document is required, which is then attached to the application. If we take out a loan using the Internet, we are required to provide a scan of your ID card. However, this can be done via email.


Everyone who has to borrow money would like the loan decision to be taken right away. Meanwhile, you have to wait a bit for her. In the case of Share-a-banks, which provide so-called payday loans, everything is done very quickly. Let’s see what lenders use to verify customers.


Share-a-banks use verification not only with an ID card or bank transfer, but also with a special application. To confirm your identity, log in to your own bank account. The application itself will download all the data necessary for the verification process. Many people will ask here if this is a secure solution. It should be emphasized that such applications have an extensive security system. Therefore, you should not be afraid that confidential information will reach unauthorized persons.


Verification by bank transfer – This verification method works very well for payday loans. The person who submits the application is required to perform the verification transfer. Importantly, this transfer must be made from an account that we own. It has the task of confirming our identity. So if it is made from another person’s account, it will be useless. The lender will only start processing your application when the transfer we have made reaches its account. No transfer means no chance for a loan.


Loans for those in debt

Loans for those in debt

In the vast majority of cases, Share-a-banks that provide payday loans do not expect a person who wants to borrow money to provide a certificate of employment and earnings. As a result, payday loans are available to people working illegally or employed under civil law contracts. For banks that grant loans, this simplified procedure is not an option at all. Therefore, many people do not have even a small chance of getting a loan, despite the fact that there would be no problems with its repayment.


Payday loans have a large number of supporters. This is not surprising when we look at the advantages that such quick loans have. Let’s see why it is worth choosing just payday loans and in what respects it is better than traditional bank loans.


Speaking of payday loans, one cannot forget that in their case the credit decision is taken extremely quickly. Most Share-a-banks involved in providing payday loans make a credit decision within no more than an hour. Thanks to this, a person who needs money gains it in a very short time.


Payday loans are the minimum formalities that must be completed. As a result, borrowing money does not require spending a large amount of time to gather the necessary documents, fill out complex applications, etc. Everything is done very quickly and efficiently, which is a great advantage of this type of loan.