Loan now in your account: ways to get it quickly
Suddenly, things get tough, something unexpected happens, a family member's health needs attention, but you're broke. Where can you turn? Some financial institutions offer easy, direct-to-account loans to help you get out of trouble within 24 hours.
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In addition, there are other types of loan or ways to get money so you don't get into trouble. And we'll show you some of them here in this post.
Online personal loans are one of the most practical ways to get quick cash today if you meet the requirements of the financial institution where you are applying.
However, its ease is related to the interest rate, which is high! After all, this is how banks ensure that the money leaving them will be returned.
We will discuss this in this post which will cover the following topics:
- Why get a loan now on your account?
- How to get a loan now in your account?
- Banks for personal loans without bureaucracy
- Before applying for a loan, try other means
Why get a loan now on your account?
The reasons that lead a person to seek loan now in the account are varied and may be related to a momentary need: the car broke down, I need to do urgent maintenance on my house, my son got sick, I need to make an emergency trip...
Or they can also be related to more specific situations, such as the desire to start a business. In this case, it's necessary to have initial capital to make these investments.
Are you experiencing this right now? Do any of these options fit your current needs?
And it's no shame: most Brazilians today don't have an emergency fund to cover those needs that come without warning, and that don't give you a deadline while you try to "figure things out."
In an ideal world, financial education would be part of people's routine from childhood, teaching them how to manage money, how to save a percentage for unexpected situations, and so on.
However, we are talking about reality here, and it is quite different.
How to get a loan now in your account
But after all, how can I get a loan from my account now?
Even though this is one of the most searched terms on Google, it's unlikely that a financial company will release a loan in less than 24 hours.
But, let's face it, this is already a very good period of time to receive an amount in your account, in urgent cases.
Before we explain how you can get a loan now, let's take a look at the types of loans available on the market today:
Payroll loan
This loan has the lowest interest rate available on the market, as your salary guarantees repayment. Therefore, you must be employed with a formal contract, and deductions will be made directly from your paycheck.
Secured loan
You can also apply for a loan by pledging your home or car as collateral. And yes, if you don't pay, the bank will retain these assets.
This is a way for banks to understand that you will, in fact, make the payment; after all, you are giving away your most important material asset.
Personal loan
This is the format we will cover here, and it is the one with the highest interest rates on the market.
And that's why it's usually released very quickly, and you can do it directly at the ATM, through the bank's call center, or completely online.
Banks for personal loans without bureaucracy
In the following lines, we will leave a list of banks that offer personal loans completely online, without bureaucracy, and that, in most cases, The money is released within 24 hours after you are approved according to the pre-established criteria.
Look:
All of these are entirely digital, and the entire process is done online, from expressing interest, submitting documents, credit analysis, and approval.
As mentioned previously – but it is always worth highlighting – the interest rates on this modality are high.
In addition to these options, you can also check with your bank, or traditional banks, to see how loan conditions work.
The pressure for legacy, traditional banks to adapt to the new digital reality is great, and many of them already offer these facilities.
However, some have not yet adapted, and there is a slightly longer process for applying for any line of credit.
Before applying for a loan, try other means
Whenever the topic of lines of credit and personal loans is raised, it's important to emphasize that these aren't always the best solutions, especially if you have other outstanding debts.
Debts with banks multiply rapidly due to compound interest and over time, it becomes increasingly difficult to get out of this situation.
Therefore, if you urgently need money, or a loan now in your account, we want to present you with other ideas that could become solutions.
Turn to family members
Pride often speaks louder, but borrowing money from family members – and actually paying it back later – is more interesting, as there is no interest charged and the money is earned faster.
Try to get your 13th salary in advance
Salaried employees or pensioners have the option of receiving their 13th-month salary in advance. Some banks release up to 80% of the total amount, but amounts may vary.
Let go of things you don't use
The trend these days is to let go. Whether it's clothes, books, kitchenware, or decorative items, you can sell all of these on dedicated platforms.
Research all your options in advance
In difficult times, our eyes often close and we can't see our way forward. It's very difficult to think rationally. But it's crucial to research all options before making any decision.
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Take the opportunity to read too Credit card loan: how does it work?.
