There are many types of fund lending that you can choose from to get a loan. One of these is a bank loan with no liquid guarantee. What advantages does it have? Here is how you can apply here!
What will you do when you need a loan when you are in desperate need? Usually, people tend to lend to their neighbors. This is considered a classic way as we tend to borrow funds from family, friends, and co-workers. But the way it is now has been abandoned by the public since the popularity of unsecured direct lending.
What Are Liquidity-Based Securities Loans?
Liquidity-free securities lending is one of the types of cash loans that do not require collateral or collateral as the primary condition of the loan. That way, funds can be liquid in a hurry because there is no collateral assessment process.
There are generally two places to lend funds without liquid direct guarantee, namely through banks with unsecured credit products and through fintech companies such as P2P lending.
Advantages of Loan Funds Without Liquid Direct Insurance
Before applying for a loan without the immediate guarantee of liquidity, it is best to know what the advantages of this type of loan are so that you will not regret applying for a loan. So what are the benefits? Let’s see it together Dude!
The first advantage is that there is no guarantee that you should prepare. Not everyone has valuable assets such as motor vehicles, homes, even land. Therefore, with this type of unsecured loan, people with no assets will be very helpful.
You should know that the assets you are going to fund later should also check their validity. So it can be said that it is not easy to lend a guarantee. By applying for a loan without the immediate guarantee of liquidity, you don’t have to worry about it.
Online Application Process
The next advantage is that the process can not only be offline, but also online so that it can be done anytime and anywhere. When it comes to online, you should be extra careful when choosing a lender to avoid the risk of online fraud. Select a provider already registered with OJK (Financial Services Authority). In a nutshell, the provider is already under the supervision of the government so all transactions are safe.
Easy to Do and Easy to Do
Unlike a loan with collateral, for a loan with no direct guarantee of liquidity, the application process is very easy to do and hassle-free because of its low level. Especially if you do it online. While it can be done anywhere, the time it takes to apply is also short because you don’t have to wait long at the bank.
Unsecured Loans Through Secure and Trusted Good Credit
Still confused about where to apply for unsecured loans? There is no need to be confused as there is a safe and reliable alternative to Good Credit. Good Credit is an online loan application registered with OJK so you never have to question its credibility.
Good Credit lends funds ranging from $ 1 million to $ 20 million with a ten day grace period of 180 days (6 months). The requirement to submit only three, namely ID, NPWP, and ownership of local bank accounts.
The application is very simple because you can simply download the Good Credit app on the PlayStore or AppStore. Then sign up and log into the Good Credit application. In the future, you will need to apply for a loan with the desired duration. When done, complete the required documentation and click submit.
If your application is accepted, then within a few days, the funds will go into the local bank account you previously provided. Isn’t it easy?