One of the most demanded financing options at present is the credits with urgent FCI. These credits are a very interesting option for those people who, for any circumstance, are in a list of defaulters.
Many times, companies include those who were their clients in these files for minimal debts or because, in the face of a misunderstanding, the client has refused to pay. Therefore, more and more credit institutions are overlooking this and focus on the possibilities of liquidity that a person may have.
For this reason, in this article we will explain in depth what is a credit with urgent FCI. In this way, any questions that may arise will be resolved.
What are the credits with urgent Financial Credit Institutions?
When we talk about credits without looking at FCI, we only refer to the list of FCI. In addition to this, there is also equifo or RAI. So, if you are enrolled in any of them, you will not have to worry about it since it will not be taken into account.
In short, the credits with urgent FCI are financial products in which certain entities grant a quantity of money not too high to a person who appears in a delinquency list. Its urgent nature means that the study of the petition, the affirmative or negative response and the entry of money into the account provided, if necessary, is done in a few hours.
In this way, in the face of an unforeseen economic situation, these products make it possible to obtain the necessary liquidity to get out of trouble. Now that you know this, we will explain the common characteristics of these credits.
Characteristics of the credits without looking at FCI
The credits without looking at FCI have some common characteristics among them. While it is true that there may be variations depending on the entity that offers it, there are very similar issues in all of them that do not usually vary too much.
1. They are small amounts
The most normal thing is that the amount offered is 300 euros. There are some companies that do offer higher amounts like 500 or 750 euros although they are not the most common. Yes there are some credits of 1000 or 2000 euros for more important emergencies that you may also require with FCI.
On the other hand, it is worth knowing that there are other companies that offer 10,000, 60,000 and even 100,000 euros of credit without looking at FCI. However, these products are designed for more specific issues such as financing a business, buying a car or a home.
2. The return time is reduced
One of the conditions of these forms of financing is that the return period is very short. Although it depends on the amount granted, it is normal that they do not exceed the month. In any case, if necessary, the return can be extended up to 26 weeks.
As for the credits of greater amount, the return date can be extended between 1 and 10 years Everything will depend on the conditions of the company in question.
3. They have high interests
Another issue that you must take into account is that, due to the risk that the entity gives to financing someone who already has debts, the interest they apply is quite high. It is very important that you review the conditions well before requesting anything because you may not be interested in the total amount that you must return.
On the other hand, it should be noted that there are many companies that offer a first interest-free loan and that, based on your response to repay the debt, give you a score. When you need an urgent credit again, based on this score you will have higher or lower interest rates.
Therefore, if this is the first time you have had a liquidity problem while at FCI, you will be able to take advantage of this opportunity to not pay interest on the first loan granted to you.
Requirements to request a loan with urgent FCI
Normally, the requirements to access these forms of financing are quite lax. So, in addition to being able to appear in delinquency lists, many companies do not require you to prove the collection of a payroll.
In many cases, it will not be necessary for you to offer a guarantee to ensure payment in case you can not cope. In this we must make an incise, everything depends on the company. For this reason it is very important that you study the conditions of each one well.
There will be those who do not ask for payroll but yes guarantee. And those who do not ask for payroll or endorsement, but you do give them the data of your belongings so that, in case you can not face the debt, seize them. Obviously, companies usually look for some guarantee of payment. Some require a vehicle and others a house.
In this way, depending on your economic situation and your needs, you must choose one credit or another.
Another important factor to take into account is that many companies do not allow a debit of more than 1000 euros to access credit products. That is, if you are in FCI for an unpaid bill of 50 or 100 euros you will not have problems. The complication will arise if this debt has surpassed 1000 euros since, in many cases, financial companies consider this amount too high a risk.
In other cases, the limit is at 2000 euros. Again, everything will depend on the policy of each company. In any case, as long as the debt is not bank, you will not have problems finding financing services for yourself.
Compare and compare to hit
Before concluding this article, we can not fail to emphasize the importance of comparing. Once you know what requirements you meet and what conditions you need, you will have to compare to find the most favorable treatment for you.
Although this may seem a tedious procedure, nowadays you can use very effective comparators that will show you all the credit companies that have products for you. So, if you are looking for urgent FCI credits do not hesitate to contact us.