One of the few requirements for an online loan is that you must have an address . However, there are nowadays some people at home who, for one reason or another, choose to hide their address.
So what do you really do with your application if you are one of those people? Here you can get an overview of your options for getting a loan without an address.
Loan without address
Firstly, we must state that it is possible to take out a loan if you have a hidden or secret address. As long as you are resident (and of course live up to the other company requirements), you can be approved for a consumer loan.
For many companies, it doesn’t matter at all that your address is not publicly available. This is just that the authorities, the state, creditors etc. can still get hold of the information. Therefore, many providers will still have access to the necessary information, even if it is to be kept secret.
However, there may be some special requirements for you with hidden address. Some providers require you to submit a copy of your Health Card. In others, the process is completely normal. However, there are also some who cannot approve applicants with a protected address. It may be due to different things, but luckily you will have a host of other options.
Therefore, if you have a protected or secret address for any reason, there is no significant restriction on your loan options. There is still plenty of opportunity to take out a loan without an address.
What other requirements exist?
However, you must meet the other requirements of the providers in order to be granted a loan without an address. First, you must have address. This is a requirement that you cannot really avoid, and it is therefore very difficult to apply for an online loan without address. In addition, the vast majority of providers require that you are not registered in the Debtor Register. That’s because they don’t want bad payers.
The law is made so that you cannot take out a loan on your own if you are not 18 years old. Many providers have an age limit of 20 years, while some require you to be 23 years old. The latter applies among other things to bank. The reason for the higher age limit is that generally more financially responsible and stable people are expected at a higher age.
In the end, there may be requirements for your finances. Many providers require that you have a permanent job or can document a fixed income through paychecks or similar. This is especially true if you need to lend and borrow larger amounts. In addition, some providers may have more specific requirements for their annual income to exceed a certain amount. However, there is no difference between these requirements, whether you need to borrow without an address or with. You search on a par with everyone else, even if you have a secret address.