Can You Get Short Term Loans Even With Bad Credit Score?
The disbursal of the short term personal loans takes place from the website and the mobile app. The salaried and self-employed customers can both apply for these loans to fulfil their various needs.
Have you been searching for online loan providers that offer short term loans with bad credit score? Well, few online lenders provide such loans.
Such providers offer a new-age platform that uses the latest technology to make lending quick and easy. The disbursal of the short term personal loans takes place from the website and the mobile app. The salaried and self-employed customers can both apply for these loans to fulfill their various needs.
Why Should You Borrow From Them?
These companies are loan aggregators, and they offer the most convenient way to borrow money in an entirely digital manner. These providers offer a fast and convenient way to overcome their short to medium-term needs for immediate cash.
Every day thousands of borrowers from across the country use their services to get a flexible personal loan solution. The best thing about these providers is customer service which makes you get the desired loan instantly.
Borrowing from a digital platform also ensures that you don’t have to work with numerous providers. Once you get the loan, you will come to know about the details of the NBFC which has offered the loan to you.
Eligibility Criteria and Other Things
Any individual who is between the age group of 18-65 yrs. And having a monthly income of at-least INR 15,000 or more from any authentic source can apply for a loan.
Most of the loan providers don’t discriminate between, salaried or self-employed applicants. Anyone can make the application, as long as the minimum income criterion along with the other conditions is met.
The process of making an application is straightforward, and you don’t need a plethora of documents to apply for the loan. In most cases, the process would involve, providing a valid address proof. It may be an Aadhaar Card, Driving License, and Voter ID. A photograph may be needed along with the PAN card. Bank account details can be provided by giving the bank statement. You can get these short-term loans with bad credit.
Interest and Charges
These vary from one loan provider to the other. Then some may charge processing fee too which would be deducted upfront at the time of disbursal of the loan.
Getting a short term loan even with bad credit is easy. Many providers offer these. Try for one now and you will surely get one!