Get a car loan without pay slip or tax notice, is it possible? Most people who want to buy a new vehicle and find themselves in this situation might be tempted to abandon the game. Yet, to look closely, some options remain possible.
Credit agencies regularly make offers to encourage consumers to subscribe to their proposal, under more or less stringent conditions. While it is true that getting a consumer loan without a salary slip or tax notice can look like an obstacle course, some solutions make it easy to access credit without major difficulties. This is particularly the case for revolving loans, micro-credits and loans between individuals.
The revolving credit
What is called revolving credit, or revolving credit, can sometimes be obtained without having to justify its income. The client does not have to specify the use he will make with this money. It is actually an available reserve, which must be reconstituted and billed for interest.
Many banks and stores offer it for relatively large purchases, from television to washing machines, to cars. Do not hesitate to ask a dealer if he has this kind of payment facility.
If banks remain fairly strict about the conditions under which they grant a loan, there is another form of credit: micro-credit. Microcredit
If banks remain fairly strict about the conditions under which they grant a loan, there is another form of credit: micro-credit, created to specifically help people in temporary economic difficulties or in the long term. It is aimed at a varied audience, from job seekers to single-parent families, to beneficiaries of social minima.
Its objective is to enable these people to acquire basic goods, especially household appliances, to ensure basic comfort, or to buy a car, especially to obtain mobility that would promote the recovery of a job.
How to access it? In order to contract a microcredit, one can turn to charities, which will help the person to take the necessary steps with the CAF, an organization that manages micro-credits.
This one then transmits the file to the banks which give their approval or not. It should be known that with this type of solution, the amounts are quite limited and will not allow to buy a new vehicle, for example. However, microcredit can be an effective option if one needs to supplement one’s contribution.
Loans between individuals: solidarity in the service of credit
The rise of the solidarity economy has led to the emergence of many initiatives such as loans between individuals. These are mostly internet-based platforms that link people lending money and loan seekers.
The advantage? The rates are very low, since this solution is based on a solidarity approach rather than on speculation. However, be aware that many people will ask for some justification. However, it is possible to directly negotiate the terms of a loan.
Like a rental apartment, it is sometimes possible to use the support of a guarantor to convince the lender.
So when you want to buy a car but you do not have the traditional proof, you should not lose hope. By emphasizing the utility of the vehicle, especially to find work, it can furthermore convince more easily.