Then you only have to request the money, online, by phone or by visiting the office of the private bank. Thanks to the treatment done previously, you will have the answer at the same time and the money appears instantly in your bank account, available for immediate use.
Advantages and disadvantages of pre-granted loans
The main advantage of pre-granted loans and credits is speed. Once you have done the risk study, carried out prior to the request, it is accepted immediately, so you can have the money instantly. However, if you still do not have the account opened in the particular entity, you have to hire it and wait until the risk study is carried out. Thus, if you are facing urgent unforeseen events, it is quicker to apply for a loan or fast credit. But if you are already a customer of a bank, or think about financing in the future, see what is offered in the market for pre-granted loans and credits.
Another advantage is the simplicity of the request. To get the money already pre-approved or pre-granted, you just have to contact your bank, either online, by phone or in person, to enjoy the money immediately, without having to do any other paperwork.
Good customer profile and your risk rating will be good
The bank can offer you significant amounts, up to 30,000 dollars or even more, with a repayment term of up to 5 years and with very competitive conditions to Conventional fast loans. On the other hand, depending on your risk profile, you can have a greater or lesser amount, without the possibility of obtaining a higher amount. The same with the conditions of the contract, they can be very competitive to the conditions of the conventional loans, but they can also be more expensive.
Before choosing the type of financing of your needs, consider your financial situation, consult your bank’s offer and evaluate the purpose of the loan. Compare the conditions offered by your bank with those offered in the private market for presonal loans.