Good Finance works as a search engine for free personal loans through banks, credit unions and online lenders whose purpose is to help you find the best financing option.
How does Good Finance work?
Good Finance is based on an automatic system known as “Ping Tree” whereby according to the data you provide, you will receive the most appropriate financing options according to your credit profile.
You can take advantage of their services and get the loan you need quickly and safely. Good Finance allows you to find the best financing alternative, putting within your reach the best credit offer according to your particular situation.
Although Good Finance will allow you to select personal loans for amounts between $ 1,000 and $ 40,000 to repay between 6 and 60 months, the final conditions of the credit you obtain will depend on factors such as the financial policies, your solvency capacity or your credit history.
Regarding possible doubts about the financing conditions of your credit, you should contact the company that approves your request and make sure that you agree with them.
Request for a personal loan
If you have decided that you are going to use Good Finance to find the best personal loan offer on the internet, you can go to their website and use their simulator choosing the amount of money and repayment term you need.
Next, you will be asked to provide a series of personal and financial data necessary to assess your risk profile, and find the best offer for you in their network of lenders.
Among the personal data that they will ask you for are:
- Name and surname
- DNI or NIE number
- Email and phone number
- Bank account number
Then the tool will allow you the option that you can select the credit institutions that best suit your circumstances, duly informing you of the rates and interest rates of each credit that it offers you.
Once you choose which lender is best for you, you may be asked to provide more information to evaluate your request before making a decision on it.
In the event that the company approves your request, you will have the money in your account within a normal period of between 24 and 48 hours.
All online credit companies agree when requiring the following application conditions from their applicants:
- Be between 18 and 70 years old
- Have Spanish residence
- Have demonstrable minimum income (payroll or property)
- Have a mobile phone line
- Being the holder of a bank account in Spain
To check the application requirements subject to your loan, you will have to go to the loan entity that approved your application and make sure that you meet all of them.
Good Finance and Financial Credit Institutions
Being an online loan broker you can send your loan request regardless of whether or not you are in Financial Credit Institutions.
Obviously, if your data is not registered in any delinquency list, you will have access to more financing alternatives than if your credit history is bad. In any case, Good Finance admits credit requests with Financial Credit Institutions.
Repayment of loans
The return policy of each lender sets the conditions under which you must make the payment of your installments.
In general, it is usual for you to have the following payment methods accepted by most companies: bank transfer, credit or debit card and cash payment.
To be sure that you know the repayment conditions of the loan you contract well, it is recommended to carefully read the obligations you assume regarding its return policy. This way you will be aware of the consequences associated with non-compliance with your payments.
Good Finance offers you a free loan search service available 24 hours a day, which provides you with the financing option that meets your needs based on your creditworthiness.
In no case does Good Finance function as a financial institution, its sole objective is to connect people seeking credit with the entities with which they collaborate.
Therefore, you should bear in mind that both the requirements and the other financing conditions are set by the loan companies that Good Finance will direct you to. Make sure that the conditions you contract with the lender correspond to your interests before signing your loan contract.