Personal Loans - FAQ
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What are Personal Loans?
A Personal Loan is a type of unsecured loan. It is available over fixed payments and fixed payment schedule. Since it's an all-purpose loan, a Personal Loan can be used for almost everything – from home improvements to debt consolidation.
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Do I need a collateral to get approved for a Personal Loan?
No collateral is required in order to get approved for a Personal Loan.
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How long does it take to get approved for a Personal Loan?
It doesn't take a long time to get approved. Thanks to our advanced approval process, your application is processed withing a few minutes.
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When applying for a Personal Loan, is my credit score checked?
No, in most cases there is no credit check involved, but it is up to the lender whether your credit score will be reviewed.
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What documents do I need to apply for a Personal Loan?
To apply for a Personal Loan you will need the following documents:
- an identity document with your signature and address,
- application form completed online,
- income documents confirming the amount of your salary,
- often also confirmation of employment.
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