Lender Bank is a web platform owned by the Eastern Company, with a presence in seven countries, including Spain. Its main task is to help users who are looking for financing for free, offering an online quick loan comparator.
Through Lender Bank you can get from 100 to 1,000 USD to return them between 91 and 120 days without the need for a payroll or guarantee and without sending documentation, something that greatly expedites the arrival of money in our account.
How does it work
To get a loan using this comparative platform, you should know that the process is completely online, so you can apply for it at any place and time of day.
First of all you will have to enter its website indicating the amount you need and the term in which you want to return it. Once chosen, you must fill out the form with your personal, financial and bank details. It is important that you fill in all the fields of the questionnaire, mainly so that the options that Lender Bank presents you adapt to your situation and also to avoid delays in the concession.
After a brief solvency study, which will last a few seconds, you will see the pre-granted credits that you can access along with a short summary of conditions.
The next thing you must do is access the lender’s website and confirm your information. It may be that the credit company with which you are going to formalize requires some additional data for final approval, such as the occupancy regime of your home, number of people in your charge, etc. Once the operation is accepted, you will have the final financing conditions. We recommend that you carefully read the loan agreement prior to acceptance and if you have any questions, contact the lender directly, as Lender Bank only mediates for information during the application.
After you agree and sign the contract, the fast credit company you have chosen will immediately issue the money transfer to your bank account. The arrival of money can take from 15 minutes to 24 hours, this will depend on your bank.
As we have previously said, Lender Bank does not grant loans but rather compares the offers selected for your profile. This is why the conditions vary depending on the lender.
Even so, the entities that you can find on their web portal are governed by the following stipulations:
- The minimum amount to request is 100 USD and the maximum is 1,000 USD
- Returns are made in a single payment, between 91 and 120 days
- You do not have an opening commission
Regarding the form of payment for reimbursement, penalties for delay, extension and other conditions, will be determined by the entity with which you carry out the operation.
Requirements of this loan
Lender Bank works with companies that request minimum requirements and although the lender may additionally require some more, you must at least comply with the main ones:
- Be between 18 and 80 years old
- Possess DNI or NIE and reside in national territory
- Have an account in a Infra Bank
- Have a mobile phone in your name (contract or prepaid) and email
Regarding payroll, on their website they inform that it is not necessary to provide it, even so it is necessary to have income as a guarantee of return. Such as unemployment, pension or any other type of recurring income. If you urgently need a loan with the most affordable conditions, having the Lender Bank comparator is an option, since you will not have to fill out a number of forms without knowing if you will get the credit or not.
To provide the information that suits you, they carry out a computerized analysis of your profile in which, after entering your data, it will show you the credits that you can acces. Having a variety of companies on its platform makes this easy for users who have a bad credit history, since it is usually more difficult to obtain money in these circumstances.
In addition, your data will be registered in your client area and you will be able to have financing as many times as your financial capacity supports, either simultaneously or in the future once you have returned the outstanding credits.
Something you should keep in mind is that, Lender Bank does not grant credits, so the final decision and conditions depend on the fast loan company you have selected.