The ILA loan is one of the few bank offers addressed to a specific group of clients. The annual tax return contains the most relevant information for each lender. How can you use the ILA loan? Is such a loan available to everyone?
How does it work?
ILA loans are no different from ordinary “cash” loans. The hallmark of ILA loans is a simple procedure – the person applying for this type of loan must show their ID card and their own annual tax return. The ILA car is a minimum of formalities – you do not need to provide any excrement certificates or account statement. Unfortunately, the ILA loan is a purely seasonal banking product and can only be used until the end of June. Some banks also offer a ILA loan for persons conducting non-agricultural business activity.
Loans for companies at ILA are, however, a much less popular banking product. Most often, banks address their ILA loan offer to private individuals receiving ILA-11. Some banks also offer the option of applying for such a loan online. The online loan procedure is in no way different from the standard procedure. It is enough for the client to visit the website of the bank of his choice, fill out the application form and send a scan of the tax settlement from the employer. The credit decision is usually the same day.
ILA loan in every bank?
Not every bank has a ILA loan in its offer. Of course, many banks advertise their loans in this way. However, in case of any doubts, the borrower is usually asked to provide additional documents that will allow its verification.
When a customer wants to find the best ILA loan offer, they should first check the current offers of the banks, and then check whether ILA-11 alone is enough to receive a loan from a given bank. Online payday loans without verification – what to look for when choosing
ILA loan without BIK possible?
Unfortunately, banks often use the ILA loan offer as a purely marketing procedure (often the client must provide additional documents). However, is it possible to have a ILA loan without BIK granted by non-banking institutions? As a rule, financial institutions do not need any documents that confirm the borrower’s income.
The ILA loan offer can be very beneficial for many clients due to the simplified procedure and quick credit decision. Unfortunately, in case of problems with the customer’s creditworthiness, banks are asking for additional documents confirming the amount of income. The ILA loan offer is addressed mainly to people working and receiving ILA-11.