The development of new information and communication technologies explains the enthusiasm of consumers for applying for credit online.
It’s no longer a trend. It is a fact of society and all lending organizations have embraced the movement. Electronic platforms specializing in lending are created. The Internet has opened a boulevard to credit. And who says credit says borrower.
The vast majority of loans, more than 55%, are currently contracted online. Fintceh or technology at the service of finance has a bright future ahead of it.
All lending organizations are going online. This is an essential measure in the face of intense competition and growing demand. The fall in the interest rate has revived the demand for loans, particularly for consumer credit which concerns people’s daily lives: household purchases, renovations, car purchases, financing of travel plans or study expenses, constitution of a reserve of money for unpredictable hardships. Immediate response online credit is, for its part, a formula that solves the life of households
The online loan affects almost all types of credit. Was it just to ask for information Real estate credit and its variations contract online. Just like increasingly sought-after loans such as the repurchase of credits. This also applies to agreed loans. The personal loan remains the most requested online, note the brokers.
Negotiations begin online. But they can continue in a meeting of the lender with the borrower when it comes to signing big contract.
This type of credit appeals to consumers because of its flexibility, ease of access, availability and savings in time and money. No more tedious formalities, the borrower can apply for urgent credit from his desktop computer, tablet, laptop or smartphone. He no longer has to move
A few clicks are enough to benefit from an immediate response online credit. The borrower has a client advisor or a permanently connected broker available to accompany him
The online loan provides more answers than questions. To have good credit, this type of credit accustoms borrowers to simulating their requests. The simulator, free and without obligation, allows them to have all the information to succeed in the transaction. They will know their debt and repayment capacity, the amount, the duration, the monthly payments and the lowest rate as well as the best offers from lenders to compare. More and more contracts are concluded by electronic signature.
The loan will be tailored to them thanks to this technology which is revolutionizing the banking system. The conclusion of a fast loan 24h, was unimaginable a few years ago. Now, everything is possible with technical progress and competition from banks.