Self-employed people and freelancers also have wishes that they want to fulfill, but it is not always easy to provide proof of income. Employees who are not self-employed can show wages or salary slips; for self-employed persons, proof of income is more difficult and complicated. However, the credit market has changed. The instant credit for the self-employed makes it possible to fulfill private wishes.
Without lengthy discussions
If the self-employed and freelancers contact their house bank to take out a private loan, it is not uncommon for lengthy discussions to take place and balance sheets and income tax assessments to be submitted. The tedious process of collecting documents begins. If all documents are available, the next long conversation must be held without any certainty that the loan will also be approved.
Sometimes, however, time is of the essence, for example when a defect has made it necessary to purchase more. Direct banks meanwhile enable instant loans for the self-employed and freelancers and quick and easy borrowing. Instant loans for the self-employed are granted within a very short time, cumbersome exams are no longer necessary, time, nerves and money can be saved. Most direct banks, however, require an independent activity of at least three years.
Comparison of direct banks
The online instant loan comparison offers an overview of the possibilities and offers as well as conditions. Interest rates and terms vary, but the best direct bank with the best conditions for instant loans for the self-employed can easily be found using the comparison calculator. The loan calculator can also be used to calculate the monthly installment from the loan amount and term without obligation.
The comparison to the direct bank can then be made easily online and the loan application made. All you have to do is enter some personal data in the form and choose the loan amount or term and the purpose. The application is processed quickly, and the answer will soon be in the inbox by email.
Depending on the direct bank, the possible loan amounts range between 1,000 and 100,000 USD. Depending on the term, there are different interest rates. If some direct banks offer interest rates below three percent for instant loans for the self-employed, interest rates of up to 5.5 percent are also possible. The requirements are also different.
Some direct banks state a lower income limit, others require a scanned income tax assessment and others even do without a credit check. Most direct banks require a certain duration, usually three years, of self-employment when granting an instant loan to the self-employed.
In any case, the new situation on the credit market makes it easier for the self-employed and freelancers to fulfill private wishes quickly and easily. Suddenly, the new living room is just as accessible as the long-awaited trip to Mauritius. In the past, many self-employed people shied away from borrowing for private purposes due to the difficult process of granting loans. Today they can confidently turn to a direct bank and simply apply for the instant loan for self-employed persons.