You have to know what type of credit is suitable for your project before wondering which is the best online credit. The conditions of a car loan or a work loan are not the same as those of a personal loan or even a revolving loan. We will see all the types of loans available on our credit comparator. We can then see how to get a favorable opinion at the best APR rate.
What is the best online credit for each project?
Our consumer credit comparator allows simulations on several products:
- Personal loan
- Revolving credit
- Auto Credit
- Works loan
- Redemption of credits
Each type of loan has very specific characteristics. Our comparison table of the best online loans, however, allows us to remove doubts about the specifics of each loan. Understanding the characteristics of financing solutions means taking the first big step in the search for the best credit.
We will see later that it is difficult to compare the best online credit for a real estate purchase. This market is indeed specific, and requires an in-depth study of all the solutions.
Compare APR rates, a mandatory passage
You have to know how to take five minutes of your time to compare APR rates to hope to get the best credit online . The ease of accessing all offers without wasting time comparing rates on a multitude of sites is one of the great advantages of a credit comparator.
We always use our tool to carry out the various credit simulations. Based only on the APR rate, it makes it possible to distinguish attractive offers from those that are not very competitive.
Online personal loan simulation
The personal loan is a credit without proof of use of funds . Issued by banks, it is usually always more profitable online. Organizations indeed offer adapted solutions and simplified procedures. We used our comparator to carry out a 10,000 USD personal loan simulation. The best credit rate recorded was compared with that of the organization ranked third, over several repayment periods.
Revolving credit is generally a small credit, the amount of which rarely exceeds 3000 USD . Its particularity is to grant a reserve of money. Always available, it allows you to request an express transfer at any time, without having to provide any additional proof of credit. Once the contract is opened, this credit is therefore by far the most flexible. It can also be associated with a credit card, offered by credit organizations and certain stores. Easier to obtain than a personal loan, its rate is however always higher .
It is also a credit whose APR rate is revisable and not fixed like that of its cousins in consumer credit. The revisable APR indicates that the rate may change over time. This is particularly the case when an immediate transfer is requested: the rate may differ from that obtained during the small loan initially granted. The conditions are however always specified before committing.
To carry out a revolving credit simulation on our comparator, you must select an amount of 4000 USD or less. Our tool is then based on the information indicated in the questionnaire to propose:
- The best APR rates
- The offers most likely to receive a positive opinion
Revolving credit is certainly the most regulated loan (see revolving credit law). It is also rightly considered to be the best online loan for managing the unexpected or financing a small project.
Auto loan simulation
It is possible to carry out a new or used car credit simulation on our comparator. Auto credit is a product requiring justification, the order form is mandatory . Almost all online credit organizations will request this document. It provides more favorable borrowing conditions. It is only interesting to turn to a personal loan to finance your vehicle when it is impossible to provide a purchase order. This is actually always the case when buying a second-hand from an individual.
Work loan simulation
The best online loan to carry out work is undoubtedly a loan specifically dedicated to this purpose. The work loan works on the same principle as the car loan: you must provide proof to the lender . Most of the time, these are invoices or quotes made by the professional. The rates of the works loan are generally very attractive, but also very variable from one specialist to another. It is very important to carry out a loan simulation work to obtain the best credit online.
Simulation of credit buy-back
The repurchase of credits makes it possible to group several loans in only one and same monthly payment. It is a fully-fledged consumer credit. Intended to facilitate the daily life of people overwhelmed by their monthly payments, it is the subject of particular attention. You have to select “buy back credits” on our comparator to access a single questionnaire.
What is the best online credit for a property purchase?
The real estate sector is specific: banks have control over demand. The best online credit for investing in stone depends on many criteria:
- The area
- Profile of the borrower
- Kind of good
What we can say is that the mortgage offered by online banks is very competitive today. The multitude of offers and the search for the best insurance, however, complicates the search for the best credit online. To get a first assessment of your situation, you need to get closer to our mortgage comparison.
How to make sure you apply for the best credit online?
Our comparator is not just a simple tool for raising rates. Connected to the main organizations, it provides an immediate response in principle, without commitment. Here’s how to get the best online loan for your project:
- Start a credit simulation online on our comparator, by selecting the type of credit suited to your project.
- Complete the four simple steps of the form (identity, address, location, budget)
- The best credit organization provides an immediate answer in principle
- In the event of a positive opinion (acceptability> 50%, see below), the confirmation is sent by email within 24 hours.
- In the case of a negative response, it is also possible to request the second and the third organization with a single click.