Quick loans: 5 tips to recognize formal companies

Currently, quick loans represent the solution for those seeking financing, without having to deal with the bureaucratic procedures that characterize traditional banks and financial entities. They are generally processed through digital channels, which speeds up the approval process.

Unfortunately, the increase in demand has resulted in the emergence of fraudulent platforms that only seek to take advantage of the needs of applicants and compromise the security of their data. In this way, Aceso.pe invites you to pay attention to the following tips where the criteria that allow identifying a regulated fintech:

Check online reputation

Although it may sound redundant, the key factor to enjoy all the advantages offered by quick loans in Peru is taking the time to analyze the company’s backgroundonline reviews and opinions of users who have enjoyed their financial products.

Making hasty decisions can become a real headache. Although it seems tedious, it is crucial to verify that they operate under the guidelines of official regulatory entities.

To begin with, it is essential that you be registered with the Superintendence of Banking and Insurance (SBS). Likewise, it must have an active RUC, which can be verified on the official SUNAT website. It is advisable that the platform has security encryption and support in the processing of your personal data.

Be wary of overly attractive proposals

Although it is true that the quick loans They are characterized by providing greater facilities, compared to conventional financing options, Reliable companies offer loans adjusted to the payment capacity of the applicants.

In this way, the regular thing is a review of the credit history and the presentation of documents that allow identity validation. Must distrust platforms that do not require greater requirementsor that only request strategic information, for example, the address and the amount of monthly income.

Discard platforms that exert pressure

For the most part, fraudulent platforms tend to put pressure on interested parties. They generally analyze the needs of the applicants and take advantage of them not only to offer an attractive proposal, but They insist that it represents the best solution to their money problems.

Reliable companies do not communicate constantly, much less try to persuade interested parties to complete the application or terminate the contract.

Study the terms and conditions very well

Definitely, small print is a favorite of scammers. Legal lenders work with transparency and accurately inform the terms and conditions of their services, which must be maintained until the last payment of the approved money.

Both during the phase of presenting the products and in the rest of the communications before signing the contract, all details must be expressed with complete clarity.

At the time of opening the credit or approving the loan, trusted companies make free advisors available. These not only offer guidance in case of doubts, but explicitly show payment schemesthat is, the date and amount of each installment, and interest.

Do not make advance payments

Although its intention is to facilitate the conditions and achieve the approval of quick loans, certified platforms do not request advance payments to cover operating costs, with the excuse of streamlining the process. This practice is only common in fraudulent companies.

The management procedures must follow their regular course, so they are not conditional on the payment of fees, commissions, insurance or any type of deposit, before the approval of the credit.

In short, today Peruvians enjoy a wide variety of options when requesting quick loans. Aceso.pe provides the opportunity to compare what the main fintech companies offer. Do not fall for deception, in your hands is the tool that allows you to prevent fraud.

Likewise, avoid providing personal information, including home address, telephone numbers and email, before you are sure that it is an impartial and trustworthy platform.