Who can apply for a credit at Lite lender company
Lite lender company emphasizes the careful evaluation of each application . Although its requirements cannot be considered to be particularly restrictive, it should not be surprising that at any given time any type of additional documentation may be required to verify the creditworthiness of the client.
This must be of legal age, have a Spanish identity document or residence permit in our country, possess a mobile phone and be able to prove a regular source of income . To these general requirements it should be added that Lite lender company will carry out a study of the current economic situation and the previous credit history , and that this point will be truly decisive when granting or not granting the requested credit.
What amount can be requested at Lite lender company
As in the vast majority of cases, any new client can only access up to a maximum amount of 150 USD . This generalized policy of limiting the economic quantity of new clients has logic, since, being the granting of credit without guarantees, they must ensure that their losses will not be significant in the event of default.
If everything goes normally, and the client returns the credit in the agreed conditions, he automatically becomes eligible for higher amounts, which in this case reach up to 1,000 USD .
Does that mean that these amounts will be awarded? No. The fact of being able to request them does not necessarily imply that a client will have access to them. It will have it in the event that its solvency situation allows, under the criteria of Lite lender company, to face the return of the credit within the established period of 30 days , which is the limit established to return the money loaned by Lite lender company.
How to apply for credit online at Lite lender company
The request is made in the usual way. It is necessary to register as a user on the Lite lender company website , provide a series of data, as well as the amount you want to receive as a loan and the repayment period . If it is the first time that it is requested, the necessary documentation will be required to verify that the information provided is real, as well as an extra requirement that allows verifying the bank account provided , the realization of an income of 0.01 USD in one of the Lite lender company accounts.
In the case of having already gone through this process and having received and returned a credit with them, the application for a new credit is much simpler. It is only necessary to provide the information regarding the money and the term, which only takes a couple of minutes.
When Lite lender company Money Is Received
Generally, the granting of microcredits, once approved, is very fast and the deposit is made in a few minutes . However, there are entities that only work with one or two banks, which means that, if the client does not have an account in any of these banks, they have to wait up to 48 hours for the transfer to be executed.
In the case of Lite lender company, this is more unlikely to happen, since it has accounts with the main banks , so that in most cases, the deposit is made almost immediately, about 15 minutes at most .
How to apply for short-term loans at Lite lender company?
Applying for short-term loans at Lite lender company is very simple , you just have to follow 4 simple steps, being able to get the money in 15 minutes without doing paperwork. The 4 steps to take to apply for short-term loans at Lite lender company are the following:
1. Choose the details of the loan to request
Access Lite lender company’s short-term loan online application website and select the amount of money you need and the maximum repayment period. Remember that in your first request you can request up to 300 USD to be returned within a maximum period of 3 months. In subsequent applications you can get up to 1,000 USD in 3 months.
On the right side of the quantity and period selector you have the summary of the loan to request, including the amount, the period, the monthly amortization or the total amount of the loan.
2. Register as a user
Press the “apply” button and select the “create a user account” option to register as a user and submit the loan application. Then fill out the form with your personal and contact information.
3. Verify your identity and solvency
Then you will have to verify your bank account by making a transfer of $ 0.01, so that they can verify that you are the owner of it. They will also ask you for financial details in order to carry out the solvency study necessary to make a decision on your application.
4. Confirm the request and receive the money
Finally, Lite lender company will review the submitted data in order to make a decision on the approval of the short-term loan. If the request is approved, they will send the money within 15 minutes to your bank account.
Refund of the mini-credit
The return of the money can be done either by bank transfer or by credit card . In any case, it will always be necessary to identify the nature of the transaction in order for the payment to be considered made, since if the origin of the transaction cannot be identified, it will not appear as settled and penalties for default may be incurred.
To avoid these in the event that, when the time comes, payment cannot be met, Lite lender company offers, like most mini-credits, the possibility of requesting a deferment . The request can be made from the website itself, and, of course, it also carries a series of associated costs .
Features of Lite lender company Short Term Loans
Lite lender company is part of an international operator dedicated to consumer finance that offers short-term loans in order to obtain urgent financing on specific occasions, being a responsible loan, since Lite lender company will check the creditworthiness of the client requesting the loan, approving only the that they are sure that they are able to return the money.
If it is the first time that you request a short-term loan at Lite lender company, you can request up to 300 USD, since Lite lender company offers only the maximum amount of 1000 USD to customers who have used the service correctly. In this way, it is possible to have a relationship of trust between client and lender.
The repayment term is 5 days to 3 months, returning the entire loan plus interest if the loan does not exceed 30 days, or through a monthly installment repayment if the loan is 2 to 3 months.
In the event that you cannot return the money within the established term, Lite lender company offers you the possibility of obtaining an extension of 5 to 30 days , so that you have flexibility in the loan. This operation is carried out in a simple way through the Lite lender company website and it is necessary to pay the loan extension rate before the original payment due date.
Advantages offered by Lite lender company
Among the advantages of Lite lender company’s short-term loans are the speed and ease of applying for them , since it is possible to get the money in 15 minutes just by filling out a form through the Internet, without having to do paperwork to do so.
You don’t need to just qualify to get tested for Lite lender company Quick Loans, you just have to have a provable regular source of income and not be on delinquent listings like Financial Credit Institutions or RAI. In addition, they are unsecured loans , being a great advantage in the event of an alleged default.
Lite lender company offers flexibility in your short-term loans, being able to extend the term of return of your loans up to 30 days more easily and totally online.
Lite lender company offers up to 1,000 USD to be repaid in a maximum period of 3 months to recurring clients , being an amount and term greater than most fast loan financial institutions. The refund is made at the end of the term in the case that it is not greater than 30 days, or monthly in the case that the term is 2 or 3 months.
Lite lender company offers you security on your loans by offering the latest computer security technologies when making the request, and strictly complying with the Personal Data Protection Law, not giving your information to third parties or companies.
Finally, you have a customer service that you can use whenever you want to solve doubts or problems.
Conclusions about Lite lender company
It is difficult to assess whether the products offered by Lite lender company are interesting or not, because it will largely depend on the customer’s situation. For mini loans of up to 300 USD there are more advantageous options, with companies that charge a fixed amount of 5 USD or even offer the first free credit.
In addition, some of them have a limitation on the amount to lend, so Lite lender company can be useful for those who need cash worth more than 600 USD and can prove their ability to return it in 30 days .