Payday loans are quick loans, the popularity of which is now really huge. This results, among others, from a very shortened, simplified loan decision making procedure. Lots of people wonder if you can get a payday loan by presenting not your ID card but driving license.
If we do not have an ID card – whether as a result of losing it or waiting for a new one – unfortunately we will not take out payday loans. Parabanks accept only an ID card as an identity document. We will not be able to confirm our identity with a driving license. Moreover, it should be remembered that the ID card on the day of applying for payday pay must be a valid document. So if it has expired, we can forget about the overnight payday.
Payday loans companies
Identity cards are required by payday loans companies not only because of the number and series that appear on the loan agreement, but also because it is a document confirming the age of the person applying for a loan. It should be clearly emphasized that payday loans are only granted to those who have reached the age of majority. So if we do not present an ID card, no payday loan will be granted to us. Therefore, everyone who wants to borrow money must have an ID card.
A lot of people ask why an ID is needed to receive payday pay. It must be clearly stated that the loan agreement must contain data such as the number and series of the ID card. Only then is the contract that has been concluded a valid contract. Meanwhile, on other documents – be it on the driving license or passport – in vain to look for information on the number and series of the ID card. Therefore, the lack of an ID card means that no parabank will decide to lend us money.
Are payday loans in dollars?
Consumer bankruptcy is a solution that currently exists in Polish law. However, it should be remembered that the declaration of consumer bankruptcy is connected with court proceedings. It is possible only when the premises specified in the relevant provisions take place.
Taking out loans without thinking can eventually lead to considerable financial problems. It can lead to entering a so-called debt spiral, from which it turns out to be more difficult than it might seem. Below are some tips on what to do if the debt loop is really important not to take out more loans and credits. They will not help in this situation. Instead, they will increase debt and increase the number of creditors. That is why it is much better to negotiate with creditors who are already in debt. With a little good will on their part, it will be possible to set a repayment schedule such that the debt will gradually decrease.
In any case, the solution worth choosing is to try to negotiate with the creditor. Of course, they do not have to bring the expected effect, but they are a much better solution than waiting for the case to go to court, and finally the bailiff knocks on our door. There are a few rules to keep in mind when starting negotiations. First of all, under no circumstances should you take a claim attitude, raising expectations of cancellation of debt. However, it is worth presenting your life situation explaining exactly why financial problems arose. You should also think about the amount that you can easily give back to your creditors every month.
If you have fallen into a spiral of debt, you should carefully check the issues of limitation of debt. It may happen that we have a bit of luck and it turns out that our debt has expired. In this situation, paying off the debt is not an option. It should be remembered that the claim is time-barred after ten years, while interest only after three years.
How to get a loan with no credit?
Anyone who has decided to borrow money would like the loan decision to be made right away. Meanwhile, you have to wait a little for her. In the case of parabanks giving so-called payday loans, everything is really fast. Let’s see how lenders can verify their clients.
Parabanks use verification not only with the use of an identity document and bank transfer, but also with a special application. To confirm the identity of a potential customer, you must log into your bank account. The application will download all the data it needs. A lot of people will ask here if this solution carries some risk. It should be emphasized that such applications have really solid security. Therefore, you don’t have to worry that your account access data will fall into the wrong hands.
Verification by bank transfer – This verification method works very well when it comes to payday loans. The person who submits the application is required to perform the verification transfer. Importantly, this transfer must be made from an account that we own. It serves to confirm our identity. So if it is made from another person’s account, it will not be accepted. The lender will only start processing your application when the transfer we have made reaches its account. No transfer means no chance for a loan.
Loan companies by far the most often verify the identity of their clients on the basis of the identity card provided. In the loan application, enter the series as well as the ID number. In some cases it is necessary to make a photocopy of the document, which is then attached to the application. If we take out a loan via the Internet, we must provide a scan of your ID card. We will do this by posting to email.