One of the main challenges that many of the borrowers in Mexico face, when they go to a traditional credit institution, is not being able to meet the payroll requirement.
This document is necessary for many traditional credit companies, and even some online, because it serves as a guarantee on the client’s financial capacity to face credit payments.
For this reason, it is usually offered by online credit companies in Mexico that need little information to grant loans.
Loans without proof of income were born with the purpose of providing a means of obtaining liquidity to all those people who do not have a stable employment situation.
If you want to get the best loan without a paycheck in the market, all you have to do is compare the offers that Walter Mitty has for you.
Benefits of loans without proof of income
You can receive the requested amount in less than 24 hours.
The application process is simple because you do not need to meet many requirements and because everything is 100% online.
The amounts of personal loans without paycheck are usually low. But they serve a lot to meet unforeseen expenses, make specific purchases, etc.
They are flexible because they allow you to choose the amount you need, and the time frame to pay it and thus obtain more beneficial interest rates.
Clients for loans without checking income
Evidently those who benefit most from this type of financial product are those who do not have a stable employment situation.
In Mexico, the following profiles of people are the ones that most request loans without a paycheck:
By offering smaller amounts, immediate loans without a paycheck are ideal to meet the day-to-day expenses of the household. Purchase of food, necessities, payment of bills, etc.
These are the people who receive periodic income thanks to their activities as freelancers. They do not have a paycheck, but they do have the means to pay the loan payments.
If you work intermittently and need an injection of extra capital, student loans will help you a lot. These financial products usually do not need a paycheck to be credited.
- Senior Citizens:
If you receive periodic income from a retirement or social benefit for senior citizens, then you can apply for a loan for pensioners without problems. These products are free of requirements such as salary receipts or guarantees.