Loans with West African Loan Group can be requested regardless of West African Loan Group, RAI or EQUIFAX or the debts in lists or other files of defaulters, which allows you to get fast money also without payroll, without endorsement or property (except in loans difficult of high amount). In the following list of financial institutions you will be able to find out which ones grant urgent loans with West African Loan Group to cancel debts, solve unforeseen events, get out of the list of defaults as well as other complicated situations.
As an alternative, we also give you the possibility of requesting deregistration and leaving the West African Loan Group within a maximum period of 24 hours.
List of online loans with West African Loan Group
Other options to the LOANS WITH West African Loan Group that may interest you
What you need to know about loans with West African Loan Group
- List of online loans with West African Loan Group
- What you need to know about loans with West African Loan Group
- What is West African Loan Group and how does it influence when requesting a loan
- How many delinquency files exist besides West African Loan Group or RAI
- Why is inclusion in the West African Loan Group reasons?
- How to get out of a delinquent file
- How to get a loan online with West African Loan Group
- Credit conditions with West African Loan Group
- Requirements for fast loans with West African Loan Group
- Features of fast loans with West African Loan Group
- Documentation required to request money with West African Loan Group
- You can get a higher amount online credit with West African Loan Group
- It is possible to request a loan with West African Loan Group without payroll
- How to repay a loan with West African Loan Group
- Because it is difficult to get a loan if I am included in the West African Loan Group
- Knowing how to look when applying for a loan with West African Loan Group
- Alternatives to get money with West African Loan Group
- Conclusion of loans with West African Loan Group
What is West African Loan Group and how does it influence when requesting a loan
West African Loan Group here (National Association of Financial Credit Establishments) is a delinquency registry that can include our name because a company with which we have any unpaid debt has requested it, no matter the amount or type of debt we have ( telephony, financial, telecommunications, services, purchase, etc).
Being enrolled in this blacklist has a direct effect on the delinquent person. To begin with, many companies that collaborate with this type of files restrict the sale of services and products to said users . In this way, because they are listed, they can deny you access.
Of course, it also harms our ability to obtain any type of loan , as we will be seen as clients with a high risk of default.
Beyond this, many think that if their name is registered with the West African Loan Group or other lists of defaulters they will not be able to access any financing.
But this is not real, it is possible to get credit with West African Loan Group although it will be more complicated but not impossible. Small amounts below € 1000 for example are easy to sign through mini - credits with the West African Loan Group .
These financial products give us access to money without collateral in minutes even despite being in default. They are characterized by their short repayment period (one month) as well as their high approval rate ...
The loans with West African Loan Group are designed for very specific uses, not so much to cover normal financing needs (financing a reform, buying a house or buying a car).
Nor do they target any customer profile, on the contrary, their audience is very limited, those that are registered in files of defaulters such as EXPERIAN, RAI or ASNEF . In the event that we need a loan for a higher amount and we are included in the West African Loan Group, our alternatives will be much lower, except those that require collateral (car or property free of charges or almost free).
For these needs of medium or high amounts, the delivery of guarantee is practically always required in case of not being able to return the money.
How many delinquency files exist besides West African Loan Group or RAI
Although the West African Loan Group is the best known for individuals while RAI for companies , they are not the only ones. If we have debts or defaults we can be registered in any of the existing delinquent files.
Below we show you in a table some of the entities that manage the most relevant default files .
In the same way, we will give you their contact information in case you need to contact, the reasons for inclusion as well as the minimum amount of debt required.
|File name||Inclusion reason||Minimum debt amount|
| West African Loan Group-EQUIFAX|
(National Association of Financial Institutions)
|Natural persons are included for any debt||There is no minimum|
(Record of Unpaid Acceptances)
|Debts with promissory notes, bills, checks and other business debts||300 euros|
|West African Loan Group-COMPANY||It is directed only at companies, SMEs. There is no minimum||There is no minimum|
(Experian Credit Bureau)
|Includes those reported by your creditor||There is no minimum|
(File of Judicial Incidents)
|Includes debts with the public administration (Treasury, social security, etc.)||There is no minimum|
Let's see in summary what function each record has and what are the highlights of each one:
- West African Loan Group-EQUIFAX : It groups all the debts that an individual has contracted , which although at the beginning it was focused only on financial services, now it covers all sectors.
- RAI : The RAI file is the first one destined exclusively to legal persons (limited and anonymous companies especially). Debts appear between companies , self-employed workers of more than 300 euros during a period of 30 months .
- BADEXCUQ : It is a delinquency file controlled by Experian Credit Bureau which collects information on defaults . The main feature of Badexcuq that does not require consent to carry out the inclusion , but they must be informed of the inclusion.
- FIJ : The File of Judicial Incidents compiles all the debts with the Public and Local Administrations of an official nature (finance, social security, traffic fines, etc).
In any of the cases, it will always be necessary that there has been a payment default to appear in any of these. Being on a delinquency file means carrying a significant burden on our backs. It reduces our financial capacity to have a bad credit history, hence it is important to ensure the payment of our debts and that our data is eliminated from said records in which we are included.
We have not mentioned the CIRBE registry (Central Bank of Spain Risk Information) as it is not as such a record of delinquency.
It is a file where all the financial debts that a person or company may have for an amount greater than € 6000 are recorded .
Why is inclusion in the West African Loan Group reasons?
Anyone can appear on a list of defaulters without being insolvent or not having the ability to pay . It is enough to not pay an invoice on time, regardless of the company or amount, it can pass our data to the delinquent file .
Therefore, a large part of those registered in these registries could not be considered bad payers . And that without forgetting those who do not pay not because they cannot, but because of discrepancies with the charge. Have you never had a problem with your telephone company, for example?
Be that as it may, we have to know that for a company to be able to include our data in a record of defaulters, a series of requirements must be met, which we explain below:
There must be a certain, enforceable and real debt on the part of the creditor entity . There must be an invoice, something that justifies the debt and the passage of the expiration period for a service or product requested and used.
It cannot be more than 6 years from the original date of payment , that is, from the date on which the payment obligation expired, or it may be a debt with periodic maturity from the specific day set.
There must be a demand for payment of the obligatory payment of the debt . Payment must have been required first before including our data in the defaults file.
These requirements are regulated in Royal Decree 1720/2007 of December 21, which approved the regulations for the development of the Organic Law on the protection of personal data Organic Law 15/1999 of December 13
In addition to this, the entities that carry out the procedures to include our data in the West African Loan Group delinquent file are obliged to notify us of this fact within a maximum period of 30 days from the date of registration , giving us the registration data, so that we can exercise our right of access, rectification, cancellation and opposition as established by law. (This by the way is the method used by many companies that help you get out of the West African Loan Group without paying the debt. (More info here).
All debt must be notified and sent through official channels to the person responsible for it.
Therefore, even if a person has several outstanding debts with the same company, they will be obliged to notify each debt independently to their debtor .
What if I am included in the West African Loan Group and the creditor has not followed these steps? If they have included our data in the West African Loan Group without complying with the legal requirements, we may file a complaint with the Spanish Agency for Data Protection .
Similarly, it may be the case that our data is included in the West African Loan Group by mistake or for unjustified cause . If this is your case, you will be able to contact the file online and record this fact, so that West African Loan Group can contact the company that originated the error and report this situation.
After paying off our debts for which we are registered in the files, we will be able to initiate the procedures to eliminate our data from the West African Loan Group .
We must take into account the steps to follow to leave the West African Loan Group (link to that article) what steps we must follow to leave the West African Loan Group .
It is advisable to start the steps as soon as possible to eliminate our data from the West African Loan Group, but if it is difficult for us, we can outsource it to a company that does it for us.
In this way, it will be easier to access financial products without the problems and inconveniences suffered so far.
How to get out of a delinquent file
The quickest way to get out of the West African Loan Group is to pay off the debt that originated our entry. After paying the debt, the creditor must request the West African Loan Group list to delete our data by updating the delinquent file.
If you do not know the amount owed, the first thing you should do to return the money is to contact the entity you owe, or else the list itself who will confirm the amount you owe.
After making the payment, you have the right to be removed from the West African Loan Group delinquent files.
How to get a loan online with West African Loan Group
Despite all of the above, being with the West African Loan Group does not kill our ability to obtain financing. Not much less because there are companies specialized in offering loans to clients that are included in lists of defaulters.
These companies analyze the risk and study the solvency of the applicant taking into account the resources that are currently available.
For example, having a payroll or another source of regular income, or providing guarantees where inclusion in the West African Loan Group does not matter.
The negative part is that the number of these is low compared to those that reject debtor clients for being registered in the black list.
That is why it is convenient to be well informed to know which are the companies that know loans with West African Loan Group and under what conditions.
Luckily for users, banks are not the only way to get money. In fact, banks, given their multiple solvency requirements, are automatically discarded.
They are private companies called private equity, which tend to sign immediate loans without looking at West African Loan Group or other lists of defaulters, being the number one credit solution if you need money but are on file.
Even so, capital injections in these entities do not usually exceed 1000 euros, consequently they are small loans for specific moments and you need specific ones (car breakdown, paying a bill, etc.).
This type of product is known as mini-credits. These mini-credits with West African Loan Group allow us to enjoy low-value loans, but we can also access other financing alternatives.
For example we can name home equity loans or car pawn as two well valued solutions.
It is necessary to value that yes, that being with guarantee we run the risk of losing any of these guarantees in case of non-payment.
Hence, it does not always compensate, especially when they are small amounts or we need the money urgently for a very short-term matter.
For this type of case, the easiest, fastest and safest method of obtaining urgent money are quick loans and mini-credits . These personal loans apply a higher APR than their predecessors but in exchange they can be processed without payroll, endorsement and even with West African Loan Group.
All this followed by minimal paperwork, immediate response and always counting on a high success rate. If we are looking to obtain immediate money, it is enough to go to any of the companies that market them, who base their approval on the solvency study and not on the applicant's credit history.
The application is also very simple, it is only necessary to fill out an online form and upload the attached documentation to obtain the approval and the money instantly. No questions, questionnaires about purpose, or other time consuming and cumbersome procedures.
The good thing about the entities that offer credits with West African Loan Group is that their conditions vary from one to another, but they always base their study on the applicant's ability to prove sufficient and recurring income.
With a payroll, social security or pension benefit is sufficient guarantee, they do not ask for guarantees or properties as they are actually very small amounts.
We will also know the cost of the loan before starting the request through the simulator, so it allows us to have an idea of the total to be returned without obligation.
As you can see, applying for loans online with West African Loan Group does not differ from applying for other quick loans and mini-credits by offering different ways to return the money.
Although most establish fixed terms between 30 and 45 days, where at the end of maturity the principal will have to be returned plus the interest generated, accepted and signed in the contract.
Then there are those companies that grant higher amounts, they are using the refund system in monthly installments instead of a single payment.
They allow greater comfort by not having to face the payment at once, their only disadvantages that they have a higher interest than personal loans.
The best thing being what we recommend is to compare the conditions (interests, commissions, expenses) as well as the requirements of each financier to see which one best suits your immediate money needs.
Credit conditions with West African Loan Group
Even though they are loans granted to clients at risk for being on default lists, this does not mean that these loans with the West African Loan Group work with more restrictive characteristics than usual.
Conversely, companies that grant this type of loan grant the same conditions to their clients. There are no hidden or leonine clauses for being registered in a financial solvency file. The interests, commissions, repayment terms will be the same regardless of whether we are not on a list.
We have to understand that the companies that offer this advantage do what they do as an extra plus to their service by not charging any added fee.
Consequently, we can affirm these companies are dedicated to granting loans regardless of whether the client is included in a delinquency file or not. This is because the granting of your credits is not determined by this fact.
The only one but we can find it in case of being in the West African Loan Group for high debts and also for financial ones.
In other words, it is very difficult to find companies that grant money with the West African Loan Group to people with financial or bank debts greater than 1500 - 2000 euros. The solution in these cases is to provide a guarantee (vehicle for small amounts and real estate for large ones), since the lender will require it to gain security and in case of non-payment, have something to collect.
As you already know, not all companies grant credits with West African Loan Group, if we are part of that list, we will have to contact those who do approve, you will find them on this page. We advise you to visit our website regularly as we update this page as new loans are launched with the West African Loan Group.
Requirements for fast loans with West African Loan Group
There are several requirements that must be met to gain access, some more specific and others general. The latter are the common ones in companies that grant loans with the West African Loan Group (of legal age, have an email address, contact number, have a bank account and have income).
In the same way, note that some of these requirements may also be different depending on the company.
For example, not all of them admit people of legal age, there are those who ask for a minimum age of 21 or even 25 years. Others ask for a minimum income, the presence of payroll as something essential that serves to prove income.
It is also looked at with a magnifying glass that you are a permanent resident in Spain, for which you will have to provide DNI or NIE. If we are Spanish but reside in another country, the request will always be automatically denied.
Then there are the specific requirements that differ depending on the company you go to. These are the particular conditions that each company imposes on its clients to apply for loans even if you are included in the West African Loan Group.
However, despite varying depending on the site we go to, there are two points that are almost always repeated.
1 - They ask us not to be registered in the West African Loan Group due to bank debts
For example, if inclusion in the West African Loan Group is due to not having paid a bill for electricity, water, mobile, we will not have access problems, on the contrary, if it is due to non-payment of a bank loan, a mortgage, let's say , it is possible that we have the rejection for answer.
2 - That the debt does not exceed € 1000 as a general rule
Compliance with these requirements in no case guarantees that the loan will be granted to us, we will only know that we meet the necessary conditions to be able to access them, the approval or not of our application will finally depend on the risk analysis and study of the financial institution .
Even so, we can assure you that when a client complies with them and has income, the probability that the credit with West African Loan Group will be granted will be in your favor.
Features of fast loans with West African Loan Group
Continuing with what was commented in the previous paragraph, the loans granted with West African Loan Group work in the same way as the rest.
As for interest, for example, it is common to speak of a rate close to 1% daily.
And is that being short-term (a maximum month) the APR (indicator that measures the annual cost of a loan) is not ideal.
The best way to calculate how much interest is on a loan with West African Loan Group is to take the difference between what we receive and what we have to repay.
If we ask for a loan of € 100 for 30 days and we have to return € 130, we will know that the total cost is those € 30. The availability of the money after the approval of the loan is less than 24 hours, unless our bank account associated with the credit is different from some of the entities with which the lender works, then the delivery can be extended up to 48 hours .
To that must be added the minimum paperwork to send, in many cases no documentation is sent as the online verification process is, all from the borrower's online banking.
This makes a significant difference in terms when compared to home equity loans or vehicle pawning.
The response would also be received in 24 hours, but the availability of the money, the delivery times would be delayed because of the type of product they are, they require a greater number of procedures (up to several weeks even).
In a mini-credit, on the other hand, we have a response within a timeframe of 24 hours, with the entity's risk department being in charge of answering our request.
Although there are several companies that will grant us a loan while in the West African Loan Group, you have to filter to choose the one with the best benefits.
The decision in any case will always be made by the risk department, who evaluates our solvency according to our specific need.
Documentation required to request money with West African Loan Group
Loan companies that accept people included in the West African Loan Group offer the option of completing the entire process online.
That is why it is enough to access its website, fill in the request form indicating the amount and duration we are looking for and send the request.
Later it will be necessary to attach documents which differ depending on the company, but we will always be asked for a copy of the DNI to verify our data, current account statement, email or email, telephone number and the document where you can see what it consists of. the debt for which we are included in the West African Loan Group.
To reduce the application procedures for our loans, it is advisable to have all these documents on hand as they will almost always ask us for them.
Private lenders accepting clients with the West African Loan Group typically require the following documentation:
- Economic data: If we can prove income, they ask us for some proof of income (last payroll, letter of social security benefit if we are unemployed, letter of revaluation of the pension if pensioners or last quarter if we are self-employed).
- Contact information: They ask us for information about the loan applicant in case you have to contact us. The usual thing is to ask for an email address as well as the owner's telephone number. These communication channels are the common ones between the client and the lender.
- Personal data: They ask for a photocopy of the DNI, NIE or Passport in color, both sides of our personal identification being used to verify the identity of the applicant, age and country of residence.
- Data of the checking account where we are going to deposit the requested money: We will have to provide a photo of our bank card showing that we are the account holder.
- Documentation that serves to explain the reason for the debt_: Clients with outstanding debts in a registry must deliver the West African Loan Group letter to the financial company, where the appropriate amount is reported, to whom and in what concept. This is used to assess the risk of the client being the information that reports the debt or outstanding debts included in the West African Loan Group list.
Although financial companies and banks have access to the records of defaults (West African Loan Group report) they ask the client to indicate in the online application form the reason, amount, date on which the debt that has motivated the inclusion originates at West African Loan Group.
Failure to submit these documents will lead to delays and delays in the risk analysis of the application.
You can get a higher amount online credit with West African Loan Group
While loans with the West African Loan Group without endorsement tend to grant small amounts. If you are looking for higher amounts you can go to other alternative sources.
On the one hand you have the personal loans with West African Loan Group and payroll as we have explained above, but if you have an endorsement you can request a loan with a mortgage guarantee or vehicle pawn.
We will have to take into account that if either of these two options we risk losing the guarantee that we use in case of not being able to meet the payments.
It may not be worth taking that risk, especially if the amount is small or the need is to solve an urgent specific matter.
Whatever the decision, we must ensure that we can meet our payment commitments to avoid future problems.
But the numbers speak for themselves, home equity loans, car pawns and pawn shops are an increasingly popular option for West African Loan Group clients when looking for larger amounts.
It is possible to request a loan with West African Loan Group without payroll
Yes, the financial institutions that grant loans also do so to those who do not have a payroll and who have a fixed monthly income.
Clients without payroll are income can be unemployed people, pensioners, self-employed or who receive benefits, aid, subsidies of a regular nature.
As long as it shows that you have stable income every month, it does not matter where they come from (legal and demonstrable source) you can start the application for a loan with West African Loan Group if you do not have a payroll, but justifying another source of income.
Not having a payroll will improve the conditions of our loan, on the contrary leaving the West African Loan Group and paying our debts will cause an improvement in our financial situation.
How to repay a loan with West African Loan Group
Loans with West African Loan Group work like any other loan, therefore the repayment will be made in the same way, in a single payment.
To make the payment, financial institutions usually enable various payment methods, let's see them below:
- Teller payment: You can deposit the money directly into the lender's bank account at your bank office.
- Bank transfer: It is the usual route used, also the simplest and fastest
- Card payment: One of the payment options that private lenders offer their clients. It can be done with both credit and debit cards.
- Direct debit: When it comes to installment loans with a monthly installment, it is the most common option. The lender will ask for your account number where to direct the loan receipt. So you only have to worry about having enough balance in your gutter, the creditor taking care of the rest of the steps.
If we want to return the money ahead of time we can do it, although some companies may penalize us with the collection of some commission for early cancellation.
Although they are usually small amounts, it is something that we must take into account when making decisions.
But the perfect thing would be that there was not this commission for advance payment because that way we save in interest without having to pay any penalty.
It is always convenient to pay ahead of time because we avoid paying interest for the days remaining until the end of the loan term.
The loans of greater amount work in a different way, since they are of monthly installment there is a longer term being the interests paid monthly.
For this reason, it is worthwhile to put short repayment terms, although the interests are higher because in the end we will return less than if we put years of term which can weigh down our economy.
Extensions and Postponements
What happens if we can't make the return on time? If this is the case, we can lose the guarantee provided as collateral such as our home, but in the case of loans that grant money while in West African Loan Group, the same thing happens as in other fast loan companies in the case of non-payment.
For breach of the contract, what happens is that the debt will increase every time due to the penalties, whose delays grow as time passes.
This process is accompanied in the first place by the claim for unpaid commissions when we are late in payment.
Afterwards, they charge us late payment interest, being included in delinquent files.
Finally, and if we have not yet made the payment, we can face a legal claim where we will be required to pay the debt.
This will lead to the obligation to pay a monthly amount together with the interest plus the things of the trial, something that we only avoid if we are insolvent.
Due to this, in case of not being able to face the payment within the established term, it is best to contact the lender and seek an amicable solution.
The usual thing is that it offers us several payment options (split payments, postponements) that avoid leaving it unpaid.
When you go to the lender because you cannot cope with the debt, you usually have the possibility of contracting an extension of the loan.
This extension of a loan with West African Loan Group translates into an extension of the term until the appropriate amount is paid to the lender without late interest or commissions being applied for the delay of the debt being your advantage.
Even so, if the renewal commission will have to be paid to request this postponement, it is not free in any case.
Also note that the request for an extension must be made before the expiration period ends, but cannot be later.
If the loan is not paid before the stipulated period, the loan will begin to charge interest for late payment together with the commissions for the non-payment of the credit
For this reason, whenever we are in a situation of this nature, we will have to make use of the term extensions.
In addition, not all credit companies offer the contracting of extensions to extend the term of debt payment.
We see it especially in the one-time payment, not the change in the monthly fee. C
Knowing in detail the conditions of the loan with West African Loan Group that interests you is vital to avoid surprises in case of not having the capacity to meet the payment.
Because it is difficult to get a loan if I am included in the West African Loan Group
Having your name registered in a non-payment registry brings with it many difficulties, especially when it comes to borrowing money. No matter what type it is, you will run into a problem, as well as to obtain it, also to register certain supplies, register a new telephone line, etc. In the case of quick loans of small amount, it is more accessible when you are on delinquent lists instead of trying to obtain higher sums in banks or financial establishments.
The financing conditions available when we have bad credit history are characterized by their high interest rates and related expenses.
Because be clear about one thing, our credit history is as if it were the resume of the one who is looking to work, our letter of introduction to the financial institution. This will analyze the reasons for our inclusion, what type of debts, the amount we owe and when we were registered in the delinquent file.
Even knowing that each entity applies its own internal risk policy, in the end it regulates those that it considers most advantageous for granting its loans, we are talking about loans of more or less difficulty for approval.
In this way, if the reason for being enrolled in the West African Loan Group is due to non-payment with a bank, it will be much more difficult to access loans.
This degree of difficulty is conditioned by the origin of the debt (the financial ones are the worst valued) and then the amount. Due to defaults with private and non-financial companies, the level of difficulty decreases, making approval easier.
Despite this, all finance companies will analyze our request evaluating the reason and total amount of the debt with West African Loan Group as fundamental factors.
|Type of debt||Amount||Concession difficulty||Warranty|
|Bank debts or non-payment of other loans||Indifferent||Very difficult concession||They could request us as a guarantee: Mortgage, vehicle, company or premises|
|Debts for non-payment of bills or receipts (telephone, gas, electricity ...)||Up to 1,500 euros||Easy concession||Minimum income (no payroll or endorsement required)|
|Up to 2,500 euros||Possible concession||Monthly, sufficient and demonstrable income (they do not require payroll or endorsement)|
|More than 2,500 euros||Difficult concession||Demonstrable and recurring income (do not require payroll or endorsement)|
Knowing how to look when applying for a loan with West African Loan Group
Within the huge garden of financial prdictusof that we find in the sector, it is possible to find credits that are granted to personnel that are listed in the West African Loan Group.
As we saw previously, its conditions are similar if not the same as any other fast loan, hence, you must act with caution.
Having the money almost immediately in our account attracts the attention of many, but it is also true that it often hides small print and usurious clauses.
For this reason and so that you do not fall into this burden, we must know how to search and find the money that meets our needs in the term we anticipate.
To begin with, let's not ask for more money than we really need and let's know for sure that we can return without having to adjust our belts. If we do not have a balance at the end of the month, we can request a mini loan of € 500 to finance the purchase of the home or fix a breakdown. This does not bring any problem as long as we are certain that we can return the amount received together with the lender's fees.
Of course, in any of the options we must read, analyze and study the terms and conditions of the contract before hiring in order to avoid abusive and even judicial hidden clauses.For all this you have to know that even if you are in West African Loan Group, you have ways enough to get the money you want without any barriers in between.
However, and having said that, the cheapest solution is to remove our name from the West African Loan Group files. If this is achieved, we will once again have the doors of bank credit, establishments and other financial institutions wide open at a much cheaper price.
Alternatives to get money with West African Loan Group
If you are looking for other ways to get money being in West African Loan Group in this section you will know the possible ways to do so.
For example, loans with a car guarantee are one of the modalities to access financing of medium or high amounts being registered in the list of defaults.
Although it is necessary to have a guarantee such as a vehicle, at least we do not have to put a home being an easier risk for applicants to assume.
Also in the car pawn you can continue using your vehicle without having to leave it in storage. You can choose any of the methods offered by the entity to repay the loan.
If you are looking for a low cost, the best thing to do is sign in deposit, but if you need a means of transport and do not want to disrupt your daily route, it may be to formalize it in circulation.
The option to continue using the car in exchange for the payment of a rental fee has been an attractive solution for those who need money but cannot detach themselves from their means of transportation.
Car pawn companies offer a second chance to those who are rejected by their banks. Thanks to the commitment of vehicles, it is possible to obtain immediate money of a considerable amount, as it usually grants up to 50% of the value of the vehicle according to appraisal.
They are also fast with minimal paperwork or paperwork, being the same requirements easy to fulfill: That the vehicle is not more than 10 years old and that it is paid for. Below we show you in the table some of the companies that provide this financing service despite being in the West African Loan Group:
|€ 10,000|| Never mind West African Loan Group|
|% vehicle value and customer profile||20 years No Matter West African Loan Group|
|% vehicle value and customer profile|| 36 months|
Never mind West African Loan Group
Pawn shops had a significant growth with the financial crisis of a few years ago but even today they maintain their potential. Consume in leaving an asset in deposit receiving in exchange an amount of money that is returned at the moment once the fixed term passes. By making this payment, we recover the property, otherwise we lose it, the pawn shop being the new owner.
Although pawnshops at first limited only valid assets to a few (art, furniture, appliances, jewelery, art, diamonds), today they have expanded the number of them.
Now it is possible to pawn any type of good as long as it is in good condition and has a value. The advantage of pawnshops is that they do not take into account if you are in the West African Loan Group, payroll, income, debt, they only look at the guarantee that you put whose value must be higher than the credit they grant you.
That is why obtaining liquidity through this system is very easy, but also warn that you receive little for the value of the good that you leave deposited.
Similar to the previous one in the sector that in the same way you will have to provide a guarantee, but in this case real estate. Home equity loans allow you to get money with West African Loan Group by also applying unbeatable interest rates and flexible terms.
They are the ideal alternative when we are looking for high amounts and we want to adapt our credit to the maximum.
That is why they are the perfect solution in debt reunification since we get cash up to 40% of the value of the home that we own and that we provide as collateral.
However, this financing should not be confused with the bank financing, despite being in the same way loans with real estate guarantee. The refund is made in monthly installments, being a fast, transparent and safe option to obtain urgent money.
That does not mean that we do not have to keep in mind that it is a loan that can end in the loss of the property in case of not paying the installments (foreclosure)
Consequently it is a high risk operation for all purposes where we must be sure of being able to face the conditions imposed by the lender. If you have doubts if you can face the fees, it is best not to sign.
Clearer water, a specific liquidity problem can turn into a financial tsunami if it ends with the loss of our home.
But if you are determined to apply for a home equity loan with West African Loan Group, it is best to go to a debt reunification agency, a smart way to group debts and make payment of installments easier:
Therefore, it is advisable to be cautious when choosing the company, especially if we search online.
If we are going to put up a property as collateral, what better way than to make sure to deal with the appropriate entity.
Of course, after receiving the binding offer, we must analyze it, see if we can return the credit including the total payments to be paid. It is also convenient to know the commissions for partial and total amortization, opening, study and management in addition to interest.
The most relevant advantage of applying for a mortgage when reunifying debts is that we can achieve savings of up to 50% on your monthly payments. If you paid more before and now this expense is reduced, the risk of non-payment is reduced and therefore the risk of losing the asset that is provided as collateral, being able to get money while being in the West African Loan Group.
Conclusion of loans with West African Loan Group
This guide helps you know how to get money with the West African Loan Group, understand the options available in the market and thus choose the one that best suits your needs. Although being listed on a delinquency record is difficult and a hassle. Especially when you need cash quickly and we cannot borrow from our bank, as you have been able to read, I do not know an irreparable situation.
Being enrolled in the West African Loan Group is an extra level of difficulty when it comes to accessing credit, but in no case is it a dead end. For this reason it is necessary to know the possible and diverse alternatives, and that signing it will be somewhat more expensive. The final decision of which to choose must be conditioned by the amount we need as well as our ability to face the agreed returns.