FreeDaypay is an entity specialized in offering online loans in a fast, agile and intuitive way, also with Financial Credit Institutions being one of the advantages of this entity. You can request up to 1000 euros to return in 35 days, if you are already a customer you can increase the return period.
What is FreeDaypay
It is one of the micro-loan companies that work in Spain, marketing fast loans in just under 15 minutes. From the entity understand that for many situations urgent money may be needed. Covering an unexpected or unexpected expense is a need we can all have at any given time. Having a quick credit as this can be this we believe is necessary.
Accessing these credits online FreeDaypay is somewhat easy having also much less requirements than those seen in banks. The same happens in all online loans we see in the market
You can get money instantly by being processed without paperwork or waiting.
|Destination||You can assign it to whatever you want|
|Who can apply for the credit?||Physical persons|
|Is it a quick loan?||Yes|
|Amount||From 50 to 1000 euros|
|Return period||From 5 to 65 days|
|APR or interest rates||Consult web|
|How long does it take||Minutes|
|There are alternatives||Yes, other micro-loan companies|
Characteristics of FreeDaypay Loans
When talking about this financing we certainly have to mention the fact that it is a type of financing where clients get money immediately.
Among the characteristics of FreeDaypay loans we can mention the following:
- It is an online loan because all the processing is done online.
- Request between 50 and 1000 euros in less than 5 minutes.
- Flexibility is guaranteed and customers can choose the term and amount they want.
- You can identify yourself through Facebook or Linkedin.
- Payment terms adapted to 65 days for customers, new customers are limited to 35.
- Transparency and clarity, customers can know the cost of their operation.
Through the FreeDaypay credit simulator you can know exactly the cost of the miniprestamo.
No hidden costs
- Verification process through data verification tools and secure payment.
- In case of approval the money is transferred automatically to the bank account of the owner.
- The security of your data is assured because it complies with the guidelines of the LOPD.
- You can process the credit being in Financial Credit Institutions, Equifax, Rai and other files of defaulters.
- You can not apply for a loan in FreeDaypay if you have one still active.
Until you cancel the first one, you will not be able to request the second.
FreeDaypay accepts Financial Credit Institutions being undoubtedly one of the benefits that customers get.
Being able to get money while at Financial Credit Institutions does not mean that they are not going to analyze it because all the entities do it.
As an alternative to this entity we can name among others
Interest rates and financial cost
Transparency in online finance is 100%, so they tell you at all times what interest rate they apply to their loans. The amount to be paid is the same as that shown in the entity’s credit simulator. If you pay within the agreed period there is no additional cost, if in case of delay or delay. At the same time if you make advance payments your cost will be reduced by saving interest. If you complete the credit simulator you will know at all times what the financial cost is
How much money can I request?
The amount is from 50 to 1000 euros between 5 and 65 days although everything depends on whether you are new or old customer.
According to this the term to return the money will be different.
Requirements for requesting a FreeDaypay loan
Like other companies specializing in online credits, the requirements to access this financing are few.
These are the conditions that you must fulfill to obtain money:
- Be of legal age, between 18 and 70 years old.
- Have DNI or NIE.
- It is necessary to have a fixed income.
- If you have old debts with FreeDaypay you can not ask for a new loan.
FreeDaypay accepts Financial Credit Institutions?
The answer is yes, as long as you do not have debts with them you can access their quick loans despite being on a list of defaulters. This does not mean that they do not value it in risk analysis, if they do. Now, it is not a reason why you are going to deny it.
It should also be noted that it depends on the type of debts you have in the file. If you are in Financial Credit Institutions due to unpaid loans, you can not see it in the same way as it is by telephony. It’s a good thing because few Fintech accept loans with Financial Credit Institutions and other delinquent listings
For what reasons can you deny the request?
They can do it not only for not fulfilling the requirements but also for other reasons. Fulfilling what the financial request does not guarantee you obtain the loan. If you have a greater chance to get the mini credit but nothing more. The entity what it does is to see your credit history both current and old for based on that decide whether you are interested or not lend.