Requirements for Submitting Non-Bank Unsecured Loans – With the Indonesian economy constantly experiencing fluctuations, it is becoming increasingly difficult for people to meet their daily needs. The increase in the price of goods that are not in line with the amount of income, makes many people choose to make money loans to cover any shortages of living needs that are increasing every day.
Applying for a loan to the bank is one of the ways that are commonly done by many people. To apply for a loan, each bank usually requires its customers to have a guarantee or credit card.This has always been an obstacle for customers who do not have collateral or credit cards to apply for loans at the Bank.
Although there are now some banks that offer unsecured cash loan options by adjusting the ability of their customers, there are still some people who are reluctant to make unsecured loans to the Bank, afraid of having difficulties when repaying loans.
If you also include people who do not want to deal with the Bank, there are other alternatives you can do if you want to make a loan, namely by applying for non-bank unsecured loans such as applying for a Loan at Coinfidence. Now there are many financial institutions other than banks that offer unsecured loans that might make it easier for you to apply for loans.
These non-bank unsecured loans are usually short-term loans with a relatively small number of loans, which only reach 5 million dollars.
To find out what conditions you need to meet to apply for a non-bank unsecured loan, let us briefly discuss one by one.
Requirements for Submitting Non-Bank Unsecured Loans
1. Noted as an Indonesian citizen
The most important requirement in applying for a non-bank unsecured loan is indeed no different from the main requirement in making a loan to the bank, that is, you must be registered as an Indonesian citizen by having an Indonesian citizen identity card and living in Indonesian territory.
2. Have a sufficient age
Non-bank financial institutions usually limit the age of prospective borrowers, with a minimum age limit of 18 to 21 years.
A person of that age is considered to have an adult mindset so that he is able to understand lending procedures and understand the risks and consequences that he will face in making this loan.
3. Has the appropriate income threshold
Each non-bank financial institution has its own policy in determining the borrower’s income limits. If you have an income in accordance with the policies of the financial institution, it is likely that your loan application will be approved quickly.
4. Including Salary Slip or Working Certificate
Unsecured loans are perfect for those of you workers who have a steady income, but do not have collateral or credit cards. You only need to attach a certificate of employment from your company or office without having to include a certificate or BPKB.
5. Meet the Loan Limits Requirements
Unsecured loans are a type of short-term loans, which are between 15 to 30 days. In addition, the nominal loan money to be given to borrowers is also quite small. Borrowers can only make loans with a nominal value below 5 million dollars. Usually borrowers will also incur other costs if the borrower is late in making installment payments.
Those are some of the conditions you need to fulfill if you want to make a loan without a non-bank guarantee. Making unsecured loans at institutions other than banks is considered quite easy and fast. Even so you also still need to be careful in choosing types of financial institutions other than banks that offer unsecured loans.
Choose an institution that offers experienced and trusted non-bank unsecured loans.
Avoid non-bank financial institutions with interest or non-bank institutions that charge large enough interest, you can choose a non-bank financial institution that provides interest low enough so that you do not have to pay a loan with a value much higher than the value of the money you borrow.
Want to apply for a loan at Coinfidence with low interest and easy process?