How to increase the chances of a cash loan?

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An occasional trip, an off-season sale in an electronics store, a broken car… extra cash is most useful when… there is none. You didn’t manage to put down enough? You can always take a cash loan. We are checking simple ways to increase the chance of a good offer.

Compare offers with your head!

Compare offers with your head!

Bank offers must be compared, but it is wise to be reasonable. To compare bank offers, it’s best to use a cash loan comparer, such as SumMoney. The comparison works like a credit store – if you’ve ever bought anything online, you won’t have a problem with service. If not – you don’t have to worry. Precisely described products, a simple comparison system and an easy form are the big advantages of the comparison tool.

Our experience shows that sending an application to 2-3, maximum 5 institutions definitely increases your credit chances.

Are you applying for a cash loan?

Are you applying for a cash loan?

Check what the process looks like in the banks that our users most often choose. How much do you have to earn, what documents do you need to provide and how much will you borrow? How long will you wait for the loan decision and when will you receive the cash? We checked it for you!

  • Mighty Hander

Why is it worth paying attention to the cash loan offer of Bank Mighty Hander?

  • You can borrow from 000 zł 1 150 000 zł.
  • You will spread the loan repayment for a maximum of 10 years.
  • You do not have to use additional bank products – neither a personal account nor insurance.
  • To apply for a loan, you should earn at least PLN 1,200 net per month, unless you run your business – then the minimum income is PLN 2,500 net.

The bank will call you back within half an hour of sending the application, and book another half hour for an interview with a consultant. It will ask you for basic data, source and amount of income. You will receive a credit decision even within a minute (!), And after a few more you will receive the details of the offer – confirmation, conditions and list of documents that you will have to provide.

You send a scan of your ID card and bank statement from the last three months to the email address provided in the message (you can confirm your income with PIT or a certificate from your employer). You attach the account number to which the bank will transfer money to you when you start the loan.

When the documents pass the verification, you will receive another call – you will be able to choose how to sign the contract. You can choose a courier, phone or branch. Bank customers can sign documents in their electronic banking.

  • Meteor Bank

Why is it worth paying attention to the cash loan offer at Meteor Bank?

  • You can borrow up to PLN 200,000.
  • You will spread the loan repayment from 2 to 5 years.
  • The bank requires insurance for selected offers, but you do not have to use other services.
  • To apply for a loan, you should earn at least PLN 1000 net of tax per month (both for an employment contract and conducting business activity)

If you are a customer of Meteor Bank, you can take an online cash loan. If you have not been a customer of this bank yet, you will complete the formalities by phone and verify your ID card at the branch. There (or via courier) you will be able to sign a contract.

After you send the contact form, a bank employee will call you, who will normally ask you about the source and amount of income, confirm the data from the proof and verify your creditworthiness. You can pick up the phone 10 minutes after sending the notification. Be prepared to spend at least two quarters of an hour on him.

The consultant will check your credit history at BIK. You will know the initial credit decision during the conversation. You will receive an email containing a summary of the offer presented to you – if you decide to take a loan, you will be able to receive money to the account indicated or withdraw cash at a bank branch.

  • Credither

Why should you pay attention to the Credither cash loan offer?

  • You can borrow from 000 zł 1 200 000 zł.
  • You can divide your loan repayment into a maximum of 120 installments.
  • You do not have to use additional bank products – neither a personal account nor insurance (the bank has 4 options to choose from).
  • To apply for a loan, you should earn at least PLN 500 net of tax a month, and if you run a business, you must document the company’s profit for at least the last 3 months.

The bank can call back even a minute after sending the application – do not be surprised. The consultant will take you about half an hour – he will want to confirm your data and verify BIK. I will send you an e-mail with a summary of your conversation – you’ll find not only all the parameters of the offer, but also a list of required documents.

You can complete the process in BNP online. After the bank issues a positive credit decision, you will receive a link to an activation transfer that will activate your loan. Of course, if you prefer the traditional path, you can go to the facility.

  • Bankate

Why should you pay attention to the Bankate cash loan offer?

  • You can borrow from 1,000 PLN up to 150,000 PLN (up to 20 times your salary).
  • You can spread your loan repayment up to 120 months (for a loan amount from PLN 20,000).
  • You do not have to use additional bank products – neither a personal account nor insurance.
  • To apply for a loan, you should earn at least PLN 650 net monthly, if you run a business, the required income increases to PLN 3,000 net.

Talking with a consultant will take you about half an hour. You will be asked about basic data, source of income and its amount. During the interview, verification will be carried out at BIK.

It is not possible to go through the entire online process and you will need it in a bank branch, but people who have a bank account to which the salary is transferred can use the online process. Good to know: before the bank issues a loan decision, you will be asked to log into your account. You can also take a printed account statement with you (necessarily confirmed by the stamp of the bank that maintains your account).

  • Pankor Bank

Why should you pay attention to the PB cash loan offer?

  • You can borrow from 1,000 PLN up to 120,000 PLN.
  • You can divide your loan repayment into 12 months (if this is your first PB loan) or even 96 months if you have already been a bank customer.
  • You do not have to use additional bank products – neither a personal account nor insurance, although of course you have the option of insuring your loan.

A bank helpline can call you a quarter of an hour after sending the application. The consultant will ask you about your data, amount and source of income. The bank does not have (or does not provide) the required income criteria – it is best to go through the whole process to check your creditworthiness.

The interview will take about half an hour, but after that you will know if and for which cash loan you can apply. You can sign the contract without leaving your home – the consultant will send you a contract that you will accept with a one-time code. You can have money on your account the same day, and if you have a PB account, they’ll be in your pocket even in tens of seconds.

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