Bank does not offer this type of consumer credit

As we have seen, revolving credit is not a consumer credit like the others. With an excessive and hardly predictable total cost, it is potentially dangerous for the borrower who is not well informed or does not show a minimum of vigilance.

For all these reasons, Good Credit does not offer this type of consumer credit. With us, the urgent need for money can be met without putting your cash in danger, by means of a rapid and repayable credit, at the fixed APR: the personal loan.

The latter does not require any proof of the project. In other words, you are free to use the loan amount as you wish. Consequently, it also presents itself as a good alternative to restricted credit, which is linked to a specific purchase (this is called car credit, work loan, etc.).

Personal loan in detail

Personal loan in detail

In addition, everything is done online from our platform, from the simulation to the credit request, via the sending of supporting documents (identity document, proof of address and income …). Once your file is completed, a response will be sent to you within 24 hours. And when you need money quickly, these details, if any, are far from negligible!

If necessary, this form of consumer credit can be granted both by a bank and by a credit institution. If the steps to obtain it are simplified compared to other types of loans, the fact remains that the personal loan is governed by the Consumer Code.

Before signing the contract, the lending institution must provide you with a lot of information, such as:

  • His identity and address;
  • The total amount due;
  • The total cost of fees;
  • The APR (annual effective annual rate), expressed as a percentage of the amount borrowed; and this, with explanations on its method of calculation;
  • The existence of a withdrawal period (14 calendar days), during which you can renounce the credit.

As for the amount, it can be between 1000 and 50,000 $ at Good Credit, repayable at least in 6 months.

What about borrower insurance?

What about borrower insurance?

This is an optional insurance, which can nevertheless be useful in the event of a hardship. It applies in 5 cases:

  • Total temporary incapacity;
  • Partial permanent disability;
  • Total permanent disability;
  • Total and irreversible loss of autonomy;
  • Loss of employment (attention, this feature is optional).

Although it is difficult to know what tomorrow will be like, it is up to everyone to measure the share of risk. Anyway, three elements are imperative to be taken into consideration to make his choice: his resources, his heritage, and his need for money (amount to borrow).

Having to face an urgent need for money can happen to everyone, without warning. Good Credit responds effectively and transparently. To get a clear idea of ​​the monthly payments that would be yours, before applying for credit online, do not hesitate to use our credit simulator. It’s simple, fast, anonymous and completely free!

 

Quick Credit 10000 dollar loan can be taken out at the house bank

A quick loan of 10,000 USD can be taken out at the house bank or at another bank. Occasionally, private individuals also quickly grant loans of this amount. This is rarely the case with foreign banks, since the maximum loan amount is usually limited to USD 7,500. However, there are exceptions to this. If you are looking for it, you can get the help of a credit intermediary who is knowledgeable in this area. Ideally, the credit intermediary should have years or decades of experience and not only know the domestic but also the foreign credit market well.

Credit comparison

Credit comparison

10,000 USD is a loan amount that is very often in demand. For example, it is sufficient to finance home furnishings, a kitchen or other purchases. Even for a used car or a small new car, 10,000 USD could be a sufficient loan amount. In addition, some borrowers will want to pay off debts or redeem old loans. As a rule, it is of interest to the banks and the savings banks that do not grant a quick credit of 10,000 USD what you do with the money. The only exception is the dealer credit or the car loan. However, there is no dealer credit at the bank, but directly where you can buy the items that you want to finance with the loan.

This is often not recommended

This is often not recommended

Many people limit the search for a quick loan of 10,000 USD only to the house bank and the banks nearby. However, this is often not recommended, since other banks often offer significantly more favorable conditions. These banks do not necessarily have to be close to where they live, because today it is easy to apply for a quick loan of 10,000 USD on the Internet. A fast loan is characterized by the fact that the loan application is preferred and often processed within a few minutes. You will then immediately receive a message as to whether your loan application can be approved or whether it has to be rejected by the lender.

A loan comparison can be done in a short time if you use a loan portal on the Internet. Here you can use a loan calculator or a search mask. There you can enter your personal search criteria. This affects not only the loan amount of 10,000 USD, but also the desired monthly repayment rate and the term you prefer. You can immediately compare all the loan offers that are suitable for you and do not have to go from bank to bank to do so. Following a loan comparison, you can visit the websites of the loan providers that are of interest to you. There you can get more information and, if everything has been clarified, apply for a quick loan of 10,000 USD.

Credit terms and conditions

Credit terms and conditions

You should have enough regular income to allow you to pay regular monthly credit installments. How high these credit rates are depends on the term and the interest charged on the loan. After paying the loan installments, you should have enough money left to support yourself and your family. The bank will check this. But you should also ask yourself critically how much money you can really spare each month to pay the loan installments without getting into financial trouble.

Since a rapid loan 10,000 USD will in most cases be a loan that comes from a German lender, you have to expect that not only your income but also your credit bureau information will be checked to check your creditworthiness. If there are negative entries there, this can be very difficult, as they often mean the end of a loan application, even if your income would be sufficient to pay the loan installments.

The chances of a quick loan of 10,000 USD can often be significantly improved if the loan application is made not by just one person but two people. This can be, for example, a spouse or life partner who can also submit a loan application together, especially for purchases that are to be made together. An alternative is a guarantee. Here there is only one loan applicant and the other person takes over the guarantee. This means that it is only taken into account when the actual borrower is no longer able to pay the loan installments in full and regularly. This can be temporary or permanent. A guarantee can have a negative impact on your own creditworthiness, since the obligations arising from the guarantee take precedence over any new loan obligations.

Quick processing of the loan application

Quick processing of the loan application

A quick loan of 10,000 USD is characterized by quick processing of the loan application and, in the positive case, quick payment. This can often happen within a few moments. If you make the loan application in a branch near you, you often even have the option of waiting for the result of the check and then receiving the cash in cash at the cash register. If you do not want this, the money will be transferred to your account, where it is often credited the same day, especially if the loan application was made on the morning of the day.

The decision for a quick loan of 10,000 USD often has special reasons and is usually due to the fact that the money is needed very urgently and that financing is delayed. The loan must then be repaid in installments, similar to other loans. They are due monthly on a precisely specified date. In many cases, this is either the 1st of a month or the 15th of a month. The monthly credit rate depends on the term and the interest. Certain additional costs that the lender calculates may also be included in the credit installments for a quick loan of 10,000 USD.