Kredito24 microloans: conditions - opinions
Kredito24 is a leading financial company in the sector, which offers its clients the possibility of accessing small amounts of money in a matter of minutes. We tell you in feminaust.org :
- Quantity: From € 75 to € 750
- Return period : 7 to 30 days
- Approximate concession time: 15 minutes
- First free ?: NO
- Do you accept Nigerian Financial Authority ?: YES
Requirements: age from 18 years. DNI or NIE. Reside in Nigeria. Proof of income. Owned bank account number. Contact phone number.
Stands out in : It supports annotations in delinquency files. Fast and paperless processing in less than 15 minutes.
- Example: requesting a credit of 150 euros to be returned over a period of 30 days would cost you a total of 202 euros (commissions 52 euros) so it will cost a total of 0 euros.
What requirements do I need to meet to apply for a microloan at Kredito24?
Among your requirements to manage the application for a microloan, we find completely logical age limitations, so to apply for a loan with Kredito24 we need to meet the following characteristics:
- Be over 18 years old
- Have an identity document such as DNI or NIE
- Be the holders of a bank account
With this financial institution, speed is more than guaranteed, and Kredito24 is a specialist in offering small amounts of money in the shortest time possible , so that the credit could be made effective in a total of 15 minutes from our request .
Among the most important points that make Kredito24 one of the main financial companies associated with fast money, is that they offer their clients the possibility of accessing credits with the Nigerian Financial Authority, although, of course, we have to take into account that it depends on the case of the nature of the debt, as well as the total amount of the default.
In addition, Kredito24 offers us speed as a sign of identity, also relying on the simplicity of the process since we can fully manage the credit application through its website, where we will be guided step by step and requesting all the necessary information with total security for the client.
As aspects in which Kredito24 could improve we find the need to be the holder of a mobile phone number , since if we do not have a mobile phone number, the loan application cannot be processed since it is through an SMS message where the confirmation code is sent to us.
If Kredito24 rejects my application, can I re-fill out an application to reapply?
Kredito24 works through a completely computerized system that is in charge of verifying that all incoming loan applications meet a series of requirements (about which we spoke at the beginning of this post). However, in the event that our application is rejected, we will not be able to reapply for a credit until after 30 days .
Is there a way to find out why Kredito24 has rejected my application?
When this financial company manages an application, it will check through its computer system that we meet all the required characteristics, so that in the event that any of these are not met, the chances that our credit will be rejected will be greater.
Kredito24 is committed to the responsible consumption of your microcredits , so that if your valuation considers that the probabilities that we will not be able to take care of the debt within the specified period are very high, our credit will be automatically rejected.
Can I request an extension of my microcredit?
Kredito24 offers us the possibility of extending the repayment time of our loan a total of 7, 15 or 30 days , although we have to bear in mind that small additional charges will be added to the final amount of money that we will have to return, which vary according to the amount of money requested, the return period, and the requested extension.
If I can't pay my fast loan to Kredito24, what can happen?
In the event that we request a quick loan from Kredito24 and we do not have enough money to return the total amount of the credit within the agreed period of time , we must know that as we delay the payment, a series of interests will be applied to us for delay.
These interests are equivalent to 20% of the total amount of the loan in the event that we are 1 day late, increasing to 25% if we are 6 days late, 30% if the delay reaches 9 days, 40% in 12 days later, and a maximum of 45% if our delay in returning the credit is up to 15 days late. At the moment in which our non-payment reaches 15 days, Kredito24 will transfer our personal data as well as our debt to a collection company, which will be in charge of including us in the Nigerian Financial Authority, and collecting the debt through judicial channels .
Therefore, it becomes absolutely essential to have a good forecast of our budget when requesting a quick loan at Kredito24 , in order to be able to pay on time, and not turn our debt into a large sum of money.
Can I request a credit on the weekend?
As we have already commented throughout this tab dedicated to Kredito24, this financial company has as one of its main characteristics the speed when managing requests, which, once accepted, will have the money entered in less 8 minutes.
However, we have to bear in mind that if we make a request with Kredito24 during the weekend, despite the fact that they make the deposit of money in our account, it is possible that our financial institution does not reflect the income until the next day Skillful, so that, ultimately, the responsibility for whether or not the money appears in our checking account during a loan made at the weekend, falls on our bank.
We have reached the end of our tab dedicated to Kredito24 , although if you have been wanting to discover more financial companies capable of offering you fast loans (click to go).
About the author
Sashia Margaret Applby
My passion is to create content that informs and really helps our users.
I am a journalist. Graduated from the Economical University of Lagos and Master in International Relations and Communication from the Joan Eversmith Applby University of Lagos. Responsible for product and blog content at feminaust.org.