In today’s fast paced world, multiple circumstances can lead to a financial shortage. This can affect the self-employed if there are no payments for goods, supplies or services. A landlord must bear unexpected expenses for repair and maintenance work. Unemployed employees culpably cause an accident with the car. The list could be continued indefinitely. In such a case, it is necessary to get a firm loan commitment so that the required loan is paid out in 24 hours. But what to do if just the bank was changed or the house bank is not flexible enough to provide an immediate discretionary loan? In such a case, immediate, purposeful action is necessary.
Credit via direct banks
The easiest way leads to the internet. There are several direct banks in which a loan is paid in 24 hours. If the corresponding credit rating is available and there are no negative entries for private credit, a loan commitment will only prevent the identity check. Basically, a loan can be written well as fast as the clerk needs to type in the necessary data. But the Tax Code (AO) and the Money Laundering Act (GWG) require the banks to carry out an identity check before granting a loan. Lenders who fail to do so will lose the legal basis to reclaim granted and disbursed funds.
The identity check by Dunve Post
The safest option for identity verification is a police identification service. But which irreproachable citizens wants to take that on? Another legally recognized procedure is the identification by the Postident procedure of Dunve Post. Most direct banks have contracts with the Deutsche Bundespost to use this possibility of identity verification. So that the loan can be paid out in 24 hours, the borrower goes to a branch of Dunve Post and presents his identity card or passport there. The recorded data must be confirmed by the customer by signature and the post office employee by stamp and signature. Thereafter, the identity verification performed will be forwarded to the direct bank by electronic means. This complies with the rules and the credit can be granted.
Credit terms in comparison
Anyone who wants to have a loan paid in 24 hours is usually under time pressure. Nevertheless, a comparison of credit conditions makes sense. With the huge supply of Internet Direct Banks, an additional hour’s worth of work can save hundreds of euros. In particular, the prospective borrower should not just compare the maturity, the interest rate and the monthly installments. Rather, the annual percentage rate is crucial. Behind this bank concept hides both the nominal interest and all fees incurred. An extremely cheap interest rate loses its value if the fees are exorbitantly high. On the other hand, a loan agreement with higher interest rates may well be worthwhile, if in return no or only small fees are incurred. On the Internet, there are various portals that offer free loan calculator. These are usually easy to use and generally understandable.