Students usually lack money. Then there are several ways to get them – additional work, asking parents, borrowing from friends. We can also apply for a payday loan, but we can not get it anywhere. So where to look for a quick cash payday loan for a student?
Studies are a time of learning and playing, but also a lot of spending. Students allocate them both for their daily maintenance and for many other purposes – trips, entertainment, books, courses, to mention only some of them. Sometimes, however, there are too many expenses. In this case, we can opt for a payday loan for the student.
Preferential student payday loan
Students who are at a disadvantage can choose to take a special preferential student payday loan. It is a long-term payday loan with an attractive interest rate, part of which is covered by the state budget. You can get it even without creditworthiness, but you need to provide adequate security. The payday loan is paid monthly in tranches of PLN 400, PLN 600, PLN 800 and even PLN 1000 per month.
Such payday loans are, however, offered to selected students who do not have high incomes or do not show them completely. We start repayment after graduation. It is also possible to redeem part of the payday loan for the best university graduates or people in a difficult life situation.
What to choose when we need cash right away?
Preferential student payday loans are a proposal to support the student in the long-term – most often during the entire period of study, when he / she does not have enough sum to study. The case, however, looks different in a situation where we simply need an additional amount to remedy your budget by the end of the month.
In this situation, we can check both bank and non-bank payday loans . However, we must remember that we will not get payday loans anywhere. First of all, this is a matter of our income. When we do not make money, then the matter is more complicated – for lenders we are a less trustworthy client because they do not know if we will be able to give the borrowed sum.
More restrictive requirements apply to banks that carefully check the creditworthiness and creditworthiness of their clients. We can have more luck in non-bank lending companies.
A non-bank payday loan for a student – also via the internet
Non-bank payday loans are available to many people who need an additional cash injection. Students can also apply for it, but we must also remember some important requirements.
Not every payday loan company will be able to payday loan a young person. Some actually offer payday loans to people over the age of 18, others from 20 or 21 years of age. The issue of sources of income is also important. In the case of payday loans for smaller amounts, we do not have to submit any documents, for example a certificate from the employer. In the application, however, we must most often point to sources of income.
Therefore, it may turn out that we will not be able to get the money we need in any payday loan company. Sometimes it will be necessary to submit applications to several non-bank companies to finally receive a positive decision. Fortunately, now we can do it all over the internet, so we do not have to leave the house to receive money for our student expenses.