Borrowing money to finance any project with a small salary is quite possible if you take the right step. If the maximum debt ratio is 33%, we must also check its repayment or borrowing capacity by assessing the monthly payment we are able to pay. Banks now provide small amounts of money, such as € 1,500 with simpler procedures and faster payment of funds. To which lending institution to turn to ask for a loan of 1500 euros? How to get there in record time? How to optimize your luck to get this little credit?
Online payday loan lenders: Submit and application
Online payday loans direct lender available via https://citrusnorth.com/ is a loan that is in the category of small credit. For the average sum generally practiced by conventional banks, we note about 8,000 euros. An amount of 1500 euros may, therefore, be of less interest to these credit companies and they more often emphasize the revolving credit without justification for this type of loan.
That said, various solutions exist if you can not take advantage of this offer of revolving credit online. You can, among other things, consider lending between individuals. As part of consumer credit, it remains accessible and fast. However, it is essential to note that its reimbursement must not exceed 60 months. For such a sum, you can provide a repayment period of between 3 months and 3 years. For a low monthly payment, it is possible to repay about 50 to 70 euros.
Credit 1500 euros in revolving credit
Since 1500 euros is a small sum, borrowers must essentially apply for a revolving credit to obtain satisfactory answers as soon as possible. For a permanent credit, the borrower has some sum that he can take as and when he needs and according to the repayment. On the other hand, it is important to specify that the amount proposed depends in particular on the income and the debt ratio. Remember also that online banks set a ceiling for the authorized amount.
Borrow 1500 euros: accessible projects
A credit of 1500 euros is less to think about it. Yet, it can help us to realize many personal projects. Here are, for example, projects that you can consider with this sum:
- Relocation: Whether it’s landlords or tenants, a move or move requires money. A loan of 1500 euros can help you quickly.
- Marriage: To help you meet the budget for the organization of your wedding, you can borrow 1500 €.
- Retirement: In order to better organize your retirement, you may consider applying for a loan at your banking institution.
- Driving license: When you do not want, for example, to depend on your parents, you can borrow money to continue learning to obtain your driver’s license.
- Job search: If you do not have a stable job yet, you can borrow money more easily.
- Professional assignment or change of city: like the move, this project requires a significant investment.
- Birth: If you are expecting a child, but you do not have enough budget to host it, ask for a small loan.
- Training: This personal credit of 1500 euros can help you to pay training costs and thus to continue courses to advance your professional performance.
- Energy renovation work: The renovation of a heating system is indeed expensive thus requiring a separate budget. A loan of 1500 euros can allow you to insulate your home and improve heating to benefit from optimized comfort.
- Travel and holidays: a dream of travel forever, but the economy never allowed it? You can consider borrowing money to supplement your savings. Thus, you could go on vacation with your family in the best conditions.
If it’s easy to acquire, why not take this opportunity to shape your projects?
Who to apply for a credit of 1500 euros?
After having decided to make a loan of 1500 euros to implement a particular project or to supply a lack of cash, the next question concerns the lending institution to subscribe to its credit application. Although it is not really easy to choose given the plethora of lending institutions, it is possible to find the best loan proposal through a comparator.
A credit comparator and a consumer loan simulator are tools that not only detect credit institutions offering the best interest rate but also know the credit capacity of the lender. Just fill in some information and have the answers in the immediate future. This is one of the reasons why individuals subscribe online. Its advantages are many: you save time by avoiding travel and you save money (no need to hire a credit broker.).
How to obtain a credit of 1500 euros?
Although the conditions for rapid personal crediting of this sum are undoubtedly lighter, this does not mean that the lending financial institutions do not impose rules. The formalities for obtaining a credit € 1500 remain about the same as all other consumer credit. The first element that the lender will check is the creditworthiness of the future borrower. Indeed, it is first and foremost necessary to justify a stable financial situation.
You must, therefore, ensure that you have a constant financial resource and that next to your monthly expenses, you still have the opportunity to pay the agreed monthly payment. For a loan application of 1500 euros, you must provide various supporting documents, such as a certificate of residence, pay slips or income vouchers and a bank account.