Silocredit is a new financial entity in Spain that grants credits between 100 and 1,000 euros. In the first application you can only ask for 100 euros and if you return it as agreed, you increase the credit confidence and you can apply for loans of higher amounts. It is one of the new mini credits that appeared in the Spanish banking sector recently.
Being a new company, they try to attract new clients, so they have made an effort to do all the paperwork quickly and easily.
Times have changed and before asking for a bank loan was a cumbersome process: you had to move to the financial institution, save queues, fill out endless forms, present justifications of all kinds and finally wait days or weeks for the bank to answer you.
Now, on the other hand, there are loans like Silocredit that when you enter your website, you fill in 5 minutes with information such as the amount of money you want, the time period in which you will return it.
This entity differs from others in that the return period is much broader, the rest of companies limit it to 30 days, instead this company allows a return period from 60 to 90 days.
What are the requirements Silocredit demands?
- Be a resident in Spain
- Have a bank account in your name
- Have regular income and that you can justify them (the income can be from a payroll, pension, unemployment, etc.)
- They accept requests for defaulters registered with Asnef unless the debt for which you were registered is due to a non-payment to a financial company.
How is the application process?
I have already advanced roughly how the application is made in Silocredit, but then I will detail them:
1 – Enter your web portal
2 – In the first screen you indicate amount and term of return (automatically your system will show you how much money you have to return)
3 – On the next screen you fill in your personal and financial information and give it to send.
4 – Once you have examined your application, you will be sent by email a proposal to confirm it
5 – Once you confirm this proposal they send you the money through a bank transfer to your checking account.
Note: In the event that your bank account corresponds to one of the following banks, Sabadell, Catalunya, la Caixa or Santander, the money will appear immediately but it could take anywhere from 24 to 48 hours according to the banking rules in force. the Spanish financial market.
Benefits of being a new customer
As you will see yourself in the table that I show you next, for the new clients of Silocredit.es they have a promotion that you have to take advantage before they take it off: The first loan that you request, does not have any commission or interest expenses, it is Say, you will only have to return what you have borrowed.
There are other financial companies with the same type of promotion as Vivus and Dineo
Opinions about the credits Hello Money
As a complement to the analysis that we have carried out on this lender, I transcribe some of the opinions that have been issued by people who have already hired:
Lucia M. “I did not think it would be so easy and fast, I needed it to fix the washing machine and in less than a day they put the money in the current account”
Isaias B. “Coming from Castellón” the radar “hunted” me and the fine was 300 euros but if I paid it before 15 days it would stay in the middle, as I could not wait for the payroll to arrive, I asked for a micro loan 150 euros and so I saved another 150 and when I made a late payment, I returned the money. I recommend it, you make the request in 5 or 10 minutes with the computer and without papers or bureaucratic scrolls. By the way, it is a Spanish company that has its headquarters in Madrid (although the requests must be made online)
Monica V “I recommend Holaeldinero because I have compared them with other lenders and they give you more time to return the money, most of them only give you 30 days to make the return and with Hola you have at least 60 days to repay the loan and it It gives more security that you are going to be able to pay them without problems because to me 30 days seems to me very little term.