Best personal loans
In Bankate we are aware that our users come to us with the aim of finding the best personal loans online.
That is why on this occasion we want to offer a comparison of the best loans and personal loans in the market.
In this article, you can read the following information:
- The best personal loans, what is it?
- Requirements to apply for the best personal loan without domiciliary payroll
- Advantages of loans with lower interest
- The best fast credits
- … and much more!
If you want to see more details of each entity, visit our updated list and you will see all the characteristics of each one.
How to apply for the best personal loan?
Time needed: 15 minutes.
To apply for the best personal loan you must follow the steps below.
- Find the best personal loan from our updated list
In our list you will find 8 different loans. Read the information we provide and choose the one that best suits what you are looking for.
- Click on “View loan” to be redirected to the lender’s website
You must provide the personal and economic information required in the application form in addition to the necessary documentation.
- Signing the contract and receiving the money
Once the loan is approved, you will receive the contract. Sign it if you agree and you will receive money shortly in your bank account.
Frequently asked questions of the best personal loans
What is the best personal loan for you?
The best personal loan will be the one that allows you to finance all the projects you want, or the one that helps you pay for the unforeseen events and cover the urgent need for money and, all, with the best conditions.
Where to get the best personal loan?
You can compare different options with your traditional bank or you can compare options online in the credit market. In Bankate, we want to make it easy for you and we provide you with the list
What is the best bank to request a personal loan?
It depends. The best bank to request a personal loan will be the one that offers you the best conditions taking into account your personal and economic situation. Compare all the options.
How long will it take for my loan to be granted?
It will depend on the time it takes for the entity to analyze your request as well as the time it takes for you to send the required documentation required. Remember that the advantage of online personal loans is their immediacy and, in general, in 48 hours you will have the money entered into your bank account.
How can I return your personal loan?
Usually, when requesting a personal loan, you will have to return the money within a set period of time by paying monthly installments.
The best personal loans online
If you are wondering… What does “the best personal loan” mean?… You are on the right website!
Personal loans are a financial product that aims to finance small projects or help pay for unforeseen consumer expenses and specific money needs.
Currently, it is very common to apply for loans with personal guarantee 100% online, as it is an incredibly simple way to get fast money.
To apply for a personal loan online, all you have to do is:
- Connect to the internet
- Fill out a small form with your personal data
- Indicate the amount of money you want to request and how long to pay the fees
It is also possible to apply for loans with credit institutions online while still being registered in the delinquent registry.
After that, the entity will contact you with a loan offer, requesting some documentation.
Documentation examples an entity may request:
- Bank receipts
- An endorsement
If the amount of money is not very high, you can even get a personal loan online only with ID. However, we must take into account all the factors. Many of these online loans are covered by the description of ‘undocumented loans’ to charge very high interest.
The best online personal loan is, without a doubt, the one that combines all the advantages of this type of financial product:
- Fill out the form quickly and from home, online
- Providing very little paperwork
- With quick response
- Payment in your account in a few minutes
We must investigate the profitability of the online personal loan in which we are interested and according to our needs before making your request and thus avoid financial problems such as paying very high interest.
Immediate response to your personal loan
In many cases, it is possible to receive an answer in a few seconds regarding the approval of the loan payment, which differentiates online loans from those offered by traditional banks.
Currently, it is possible to obtain an instant response to the online loan application due to the way in which online entities evaluate the profile of the applicant:
A verification system.
These systems are able to verify the identity of the applicant and determine if they are able to repay the loan amount, in just seconds.
If your loan is approved, and once the contract is signed, you can have your money available 15 min after the approval and you can pay comfortable fees to pay it back. No problem!
Is Bankate a reliable service to compare the best loans?
Bankate is responsible for comparing loans and credits online and strives to offer the best financial solutions to its customers, speeding up the arduous process of seeking financing so you can choose the one that best suits your situation.
For us, the two most important priorities are:
We provide an updated list of the main loans, detailing:
- Your conditions
- Your requirements
- Your interest
- Its advantages
We do it so you can find the best personal loan.
From Bankate we care to verify that the online financial entities on our website are reliable and completely secure, so you can be sure that all the lenders included in our list comply with current regulations.
We also show you different types of loans according to your needs, such as
- Loans without payroll or guarantee
- Loans with credit institutions
- Fast loans
- The credit cards
- … and much more!
In addition, with our loan comparator, we will always inform you of:
- If a lender charges additional fees
- Makes you hire other financial products and services
All that so you can avoid surprises and small letters.
If you want to know more about our comparator, our process and our terms, visit the “Who we are” page.
Best personal loans without domiciliary payroll
Surely you will have heard that the best personal loan, or at least the most profitable, are those granted by the bank in which you have domiciled your payroll.
However, it’s not always like that.
In many cases, banks promise to offer you a reduction in their interests if you domicile your payroll with them, but add a large amount of expenses between commissions of:
- Additional services
This is going to mean that your installments are going to be quite high, making the personal loan offered by your bank, which at first seemed the most profitable, ends up being an incredibly expensive product.
That is why, although they assure you that you will not find a loan with better conditions if you domicile your payroll, you must match different options before choosing taking into account your needs, demanding that they inform you of the final cost to pay.
Therefore, the Internet is an excellent tool that you can use to search for banking entities.
In addition, today it is possible to get a good personal loan and personal mini-loans without direct debit or endorsement and without changing banks or opening a new account.
Online personal loans offer the possibility of financing without direct debit and without changing banks, and in addition, it is not necessary to establish any link with the entity to be approved, as is the case with traditional banks.
The offers and terms vary continuously due to a large number of factors, such as the monetary situation, the time of the year, the bank or credit institution in which you apply for your personal loan…
That is why nobody can really know which is the best personal loan and where to find it.
In addition, you should know that the price of your personal loan may depend on details such as:
- Your credit history
- Your level of annual income
- The purpose for which you want the personal loan
Due to the continuous variation, the best option is to contrast the different offers at the time of requesting your personal loan and make a thorough record of the banking entity we choose.
With this objective, Bankate shows you a completely updated list of the best personal loans, detailing their:
- The fees to be returned
- The requirements
You should keep in mind that, despite not requiring you to pay the payroll, you must show that you receive regular income that can allow you to repay your personal loan or consumer loan or have a guarantee.
In case you do not receive a payroll, you can apply for a loan without payroll that acts in the same way as a loan with personal guarantee, however it offers somewhat less high amounts.
Loans with less interest
When requesting financing, we would all like to find the best loan with a very low interest.
When asking our users which are the best personal loans according to their criteria, a fairly common answer is loans with less interest.
Finding the most profitable loan is undoubtedly one of the main objectives of everyone who needs extra money.
But how do we find them?
In addition to, of course, contrasting the TIN and APR, there are some factors that we should know in order to obtain consumer loans or credits with less interest.
- First of all: We must take into account the purpose of the money: do we need to make a small reform at home? buy a new car? Pay the studies? This is because sometimes there are specialized personal loans for a specific purpose, which offer lower interest than usual.
- Second: It is necessary to consider the amount to be requested and the term of the loan, since The duration of a personal loan directly affects interest. A loan with higher interest in the short term (1 month) may be more profitable than a loan with interest less than a longer term.
- Thirdly: Finally, we must consider the expenses associated with the consumer loan or credit, such as fees, opening and formalization fees, associated products such as life or vehicle insurance, opening new savings accounts… These associated expenses may mean that What we thought was a very profitable loan, ended up being a very expensive one.
If we take these factors into account, we can find the best personal loan, which often results in loans with less interest.
In addition, due to the growing competition in the credit market, some entities have come to offer small loans without interest, or even grant the first free loan to new clients.
The famous offer of the first free loan arises as a strategy by online financial institutions to attract a greater number of new users.
This type of free microcredit does not usually exceed $ 300 and must be paid within a short period of 30 days.
The best personal loan in the market
In Bankate we offer you the best personal loans in the market. Look at our list of loans and choose the one that benefits you the most.
The best fast credits
If you do not have any savings and you have had an unforeseen event that you need to solve at the moment, mini-loans or a quick credit may be the solution, as well as express loans.
In this case, the best fast credit will be the one that offers you to have the money urgently, as soon as possible.
As you know, traditional banks and other private financial companies are not very helpful in this situation.
To get financing with the bank, you must:
- Meet them
- Negotiate the terms
- Submit a lot of paperwork
- Meet certain requirements
- Pass several records of your economic profile
Thus, the money from a loan offered by a traditional bank may take several days to arrive.
However, there is currently the possibility of having your money the same day you send the fast loan form, just a few minutes after it is approved.
How is such speed possible?
The solution comes from the online lenders, which have a lower number of requirements and a minimum bureaucracy, thus reducing the processing time of the approval process to a maximum.
In addition, in many cases it is possible to obtain a credit without documentation, presenting only the DNI, thanks to an automatic verification system such as Instantor, which evaluates the profile of the applicant in just seconds.
The operation of these systems is very simple:
The applicant provides the access data to their online banking system, and the entity can, in this way, check the applicant’s economic situation, including their monthly income, fixed expenses, savings…
When you agree to fill out the fast online credit form with a system like Instantor, you will be giving permission to the financial entity to consult your personal data and your economic profile, in order to verify that the information provided in the request form is correct and all with maximum speed.
The best bank to ask for a loan
On many occasions, we find ourselves in doubt about the best bank that offers the best personal loan.
And although this question is lawful, the truth is that there is no concrete answer to it.
The best bank to request a personal loan will always be the one that offers you the best conditions in terms of your personal situation, the cheapest personal loan for you and the one that best suits your specific needs.
An entity that can be very profitable for a person with a specific profile, may be the one that offers the most expensive loans for another person with a different profile.
That is why we always recommend comparing the different offers on the web before making an application, since the profitability and terms of a personal loan will always depend on the profile of the applicant, their income and their credit history.
The Bankate loan comparator facilitates the comparison task by presenting you with an updated list of the best personal loans in the market, detailing your conditions, interests and requirements, without small print.
After reading this page about the best personal loans, you should remember that:
- You can get the best personal loan without direct debit and without changing banks.
- There are personal credits online with immediate response.
- To get the personal loan with less interest, you must take into account elements such as the purpose of the money, the duration of the loan and the additional expenses.
- Traditional banks do not represent a solution when it comes to obtaining urgent money.
- The best bank to request a personal loan is the one that can best adapt to your situation and offers you the best conditions.
- The conditions and prices vary constantly, so it is important to compare the different offers.