To finance different projects of any kind, it is possible for the borrower to subscribe to a credit without proof. Belonging to the family of consumer credits, the credit without proof is an unallocated credit, that is to say a form of loan that does not require proof of the use of the borrowed amount.
Of course, before taking out a credit, you must already start by finding the right institution and the best offer corresponding to your projects. Generally, it is a question of choosing the offer which is the cheapest, but which is adapted to the needs of financing of the borrower and which is associated with the best modalities.
In principle, the choice of credit offer will depend mainly on the project to be financed. The first advice is to turn to an offer tailored to your needs, your financial situation and your ability to repay. The principle is simple, it will choose the best offer that will not endanger your budget. It is very important to make sure that you are not about to commit to a financial situation that will involve your over-indebtedness.
To do this, the best solution is the comparison of offers. Many are the offers on the market, depending on the establishment. To make the comparison, the recommended solution is the online credit comparator. The comparator will proceed directly to the comparison, and it is then possible to conduct the simulation online, to learn the precise terms of the loan agreement: amount, duration, total costs and interest rates.
First of all, do not be impressed by the advertisements and messages they try to convey. In principle, even if the offer appears as a cheap credit without proof at the outset, depending on the modalities, it can become very expensive and ultimately unsuited to your needs.
First, the bank will present you different formulas, in the form of several offers. It will be necessary to choose according to your financing needs. Then, each element of the offer should be brought to the magnifying glass. How much is the loan amount? What form of interest rate is proposed? How much will the monthly payments go up and how long will the loan be? Once all these data have been entered, you will only be able to evaluate the offer and in particular the total cost of your loan.
Regarding the rate and duration of the loan, you should know that the longer the duration, the higher the rates will be and the more the total cost of your loan will be high. In addition, it is recommended to turn to fixed rates, to give you room for maneuver in your budget.