Within the financial market there are many credit companies that offer bank loans, personal loans, microcredits, etc. Given such diversity, it is not surprising that the documents necessary to complete an application vary from company to company; But despite that, there are certain basic requirements that all people must meet before applying for a loan, either in a bank or fintech platform.
List of requirements to consider to apply for a loan
Next we will reveal the documents you will need to complete your personal loan application. But first we want to recommend that you use our credit comparator so you can find the financing that best suits your needs.
Personal and official identification
Loan companies, online or physical, request a personal identification document to obtain from it the basic information of the applicant. This document must be in force to generate more confidence in the companies that grant the credits, otherwise they may cancel your request.
Invoice or proof of address
With this document, credit companies obtain more information about you, especially related to your home address. You must make sure that your proof of address is updated in all the organisms where you are registered so that there are no inconsistencies and they do not deny you the financing.
Proof of income
This document is important because credit companies will get more details about your economic capabilities, and they will know if you are able to meet the refund. Depending on the company you hire, this proof of income can be based on a payroll or some social benefit, etc.
Use the Athos credit comparator to find a personal loan in Mexico that suits your source of income. That way, regardless of whether you get money from a rental, pension, etc. You can still receive a loan.
Regardless of whether you apply for personal loans to online companies or banks, you will always have to have a bank account to receive the amount. That account must be in your name. Keep in mind that sometimes you can have a bank account in one entity and request a loan in another without any problem.
In the world of credit institutions, reputation is everything, which is why this document is so important. If you usually apply for personal loans, make sure you do not default on payments so that your history is not damaged.