Creditohoy is a financial institution that allows us to get credit today with West African Loan Group, without endorsement or payroll, quickly and easily. It is an alternative when we are looking for urgent money and our bank rejects us for some reason.
Online process, high success rate and also practically without paperwork, which is to be appreciated.
In this article we are going to show everything there is to know about Creditohoy.
What it is, how it works, what requirements it asks for, what are its advantages and disadvantages as well as the opinions of customers.
Applying for Creditohoy is easy, however, before starting with these quick credits, it is convenient to know its characteristics and conditions to understand if it is the one that best suits our situation.
|Financing type||Quick credits , mini- credits|
|Purpose / Destination||Anyone|
|Amount granted by Creditosi?||Up to € 5000|
|And the minimum?||€ 50|
|What is the maximum term?||5 years|
|And the minimum?||7 days|
|Free first loan||According|
|What interest do you charge?||APR according to product|
|Do you ask for endorsement?||Not|
|Loan calculator and simulator||Too|
|Can you defer payments?||Similarly|
|What about early cancellation?||Too|
|Where is it hired?||Online as well as telephone|
|How long does it take||15 minutes but it depends|
|When will I have the money||1 hour, but it depends on the bank|
|What entities do you work with?||Several|
|Web page||Official Web|
|Is my application rejected because I am in the West African Loan Group?||No, but it depends|
|West African Loan Group Debt Limit?||It doesn't have, but it depends|
|Do I need payroll to request a loan?||No, but if income|
|Can I apply if I am a pensioner?||Too|
|And with unemployment benefit?||Too|
|What if I am a company?||No, but it depends|
|If I am self-employed?||Likewise|
|What age range does it support?||18 - 65 years|
|Can I verify my details with Instantor?||Yes|
Creditohoy offers several types of financial products, these are signed online without having to travel. We divide these personal loans into two groups:
Mini-credits: They are fast online loans of low amounts of money to be returned in repayment terms of 30 days or less.
They offer maximum speed since in less than 15 minutes we can have an answer.
They are also easy to obtain but at a higher cost (APR is high if we compare it with other loans on the market).
This product should be used at specific times and when we need an immediate short-term injection of capital and also a small amount.
As similar companies and that in the same way commercialize these microcredits we can name: Creditomovil, Wandoo, Dineo
If we need more than 1 month for the return, the second offer is better suited.
Quick personal loans: As the name suggests, they are loans without collateral that are characterized by their immediacy.
Likewise, they offer higher amounts and terms, up to € 5000 over 5 years, the interest also being cheaper.
According to the lender, the conditions may vary, being the perfect option when we are looking for urgent loans but to be repaid in more flexible terms, in monthly installments.
Consequently, some of the entities capable of offering this type of product can be pointed out: Creditea, Monedo Now, Presto Prestamos, Zaimo
Pros and cons of Creditohoy
The advantages and disadvantages that borrowers obtain with this company are multiple, here are some of them:
+ Quick and easy to get
+ Minimum requirements
+ Online application, available 24/7
-To return shortly
Requirements to apply for Creditohoy
The conditions and requirements that must be met to access the Creditohoy mini-credits are as follows: Be of legal age, reside in Spain, have a bank account and prove income.
How to request credit with Creditohoy
The credit application process with Creditohoy is actually simple and agile, you just have to complete a series of steps that we explain below:
1 - First you have to enter the official website of Creditohoy and select the amount and term to return the money. For this we use the simulator and calculator that is available on the page which informs us with the conditions instantly.
2 - Secondly, we have to fill in an online contact form with our personal and bank details.
3 - Later, after registration, the company evaluates our solvency through a thorough and rigorous risk analysis.
4 - Finally, they give us a response with the approval of the credit application, to finally issue the bank transfer to the bank account given during registration.
That is why the process to apply with Creditohoy is the same as seen in other fast money companies.
To sign the loan today, therefore, these basic steps will have to be completed.
Why apply for Creditohoy
The usual thing is that those of us who need money urgently end up going to companies of this type which usually grant immediate loans.
There are many reasons for requesting a credit from Creditohoy, however, it is almost always one of the following:
- First, to cover unforeseen and unexpected expenses (car breakdown, purchase of appliances, medical expenses, school expenses such as going back to school, vacations, etc.)
- In the same way, it is used as a complement to the salary when we are short of money at the end of the month.
When should you not request the Today Credits?
Due to the type of financing that they are, they should not be used to cancel other credits or refinance debts.
When the online credits are requested to cancel debts or refinance other loans, what ends up happening is that instead of a solution it becomes a future problem.
There is a high risk of performing this operation by increasing the debt generating an increasingly large ball.
Putting an end to this situation is practically impossible using quick mini credits, on the contrary, they require other products of greater amount and term.
Where to hire Credit for today
Today's credit online loans are requested 100% through the internet, being able to initiate the request both in your bank and in the same way in the private equity companies that exist.
Despite the fact that banks do not usually offer almost instant money, some entities launch agile products to hire, but only if you are a client.
This is the case of Credito Hoy Banco Santander and also of la Caixa, which is capable of granting money in just a few minutes in the form of mini-credits.
If you finally decide on private companies, the Credito Hoy entity can be an alternative, such as: Lunacredit, Moneyman or Viaconto.
Contact Creditohoy Spain
To contact this entity we have the following contact channels:
First call CreditoHoy Telephone at the customer service number that appears on its website. Then click on the "Contact" tab available on your page.
An email message can also be sent to your email address.
Fintech companies, despite working online, have a customer service which is used above all to resolve the doubts and concerns of their consumers.
Opinions about CreditoHoy
The Credit Today opinions are different because each person has a different experience when applying for their credit.
However, after a strong investigation we can affirm that there is a favorable trend towards the entity. Most of its users are satisfied with the services received that allow them to cover their emergencies and other financial needs.
Even so, we have also found some criticism and negative comments but they are the least.
Let's see below the opinions about Credito Hoy that best reflect the general sentiment of borrowers:
Karina "Super, I was able to apply for my loan today with the best benefits, it has been much easier than I thought"
Miguel "Intuitive, fast and safe process, it is reliable what gives me the peace of mind I need"
Raúl "I needed 300 euros to face a last minute expense, thanks to Credito Hoy I was able to solve my financial problems"
Joanna "It is a personal loan without credit verification which makes it easier for me to access"
Credito Hoy is reliable, safe and transparent, a company that can be trusted that although it is little known if you compare it with other options it can be attractive.
Grant loans in less than 24 hours, the conditions are within the average and also without sending documentation which simplifies the procedures.
Even so, we do not think that it has outstanding characteristics that make it one of the best alternatives on the market.
Use Igreigre's free fast credit comparer and discover which one best suits your needs. Will Credito Hoy be among those that adjust to your circumstances? Compare and leave doubts.