The Best Payday Loans in France in just one more click
Compare the best options on the market and choose the one which best adapts to your day-to-day needs.
Further Below: Our Guide To Payday Loans in France, Everything you need to know.
Our Rating: 9.5/10
✔️ From 1000€ to 40000€
✔️ Available for almost any purpose
✔️ Great for clients with a stable income
✔️ Fast process, money in 2-3 days
✔️ Website in english, but with english support
Looking for a payday loan that’s best compatible with your needs? FUNDGECKO helps you get a 360-degree view of payday loans in France, including when to apply them, factors affecting this type of credit, and how they work. Read on to find out all you need to know about payday loans in France in minutes.
At FUNDGECKO, we avail the most recent and relevant news about consumer credits and how the news is supposed to inform your financial decisions as far as payday loans are concerned. Find out in a minute:
How to use FUNDGECKO to get payday loans
FUNDGECKO walks the user through the most critical steps of taking out a loan which is information. A loan is a financial decision that requires sobriety and enlightenment, which FUNDGECKO is here to provide. At our platform, you’re required to follow easy steps to get started with financing:
We give you a chance to air out your views and comments about our services. This goes a long way in helping other potential users build confidence in us.
While the process of applying for payday loans differs with entities, the basic process to take out a payday loan is the same. An entity may require the borrower to make the application in their offices while another may have them apply online.
Below are the steps you’re likely to follow at any entity in France:
Loans come in handy to bail us out of poor financial situations. Hence, it’s advisable to take out a loan at a time when you can’t do without it.
Your lender will need proof that you meet all the outlined requirements. You’ll need to send all the required documents to prove that you’re a legal borrower, with French residence, French citizenship, and proof of payment, among others.
A payday loan refers to an amount of money that we take out from a lender to refund it later after a specified period. The amount we return will be a total of the principal amount we borrowed plus the accrued interests as well as other fees and commissions.
By nature, payday loans are more expensive than other loan types because of their high interest rates, short repayment terms, and because their payments happen once. This type of credit is preferred because of its fast nature and is mostly used during financial emergencies.
Many factors affect payday loans. Hence, failure to consider even one factor may have your application rejected. Such factors are your level of income, submitting the right documentation, your level of debt, etc. The lender will also reject your application if the information in the documents conflicts with what you filled out in the application form.
This refers to a document that the lender is required to give to the loanee. The documents inscribe the entity’s terms and conditions for a consumer credit including the APR, interest rates, amount, commissions and fees, and any other charges that the consumer is likely to face in the future.
When a borrower receives a binding offer from a bank, the bank allows them to compare other loan offers for 14 calendar days without losing the current loan the bank is offering us.
French law regulating consumer credits allows a borrower that’s willing to repay the loan in advance to do so either partially or in full. In either of the cases, the borrower will be required to pay the principal amount, the accrued interests, and any other fees or charges. Moreover, the borrower should notify the lender before making the payment. Depending on the lender, the borrower may be required to pay the early repayment fee.
Many times, credit consumers take out loans and then regret it because of finding other better options or for many other reasons. French law allows borrowers to drop the loan within the first 14 calendar days, beyond which they may face penalties.
Despite France’s lack of credit bureaus, borrowers’ behavior with consumer credits is always monitored by the lender. Hence, your failure to repay a loan will automatically affect your ability to access loans in the future.
Since the application happens online with most entities, payday loan consumers don’t mind shifting banks. You may opt for this type of credit if you don’t mind waiting and following the application process which might take a little longer than fast loans.
A payday loan is a good source of financing and can grant you a sizeable amount of money with a good comparison.
Fast loans come in handy when in need of a quick fix. Their fast nature helps borrowers get money in minutes. However, the loans are mostly small in size and have high interest rates. Their repayments are also short-termed.
Note: Fast loans can be abused because of their few eligibility criteria. Most fast loans are granted regardless of whether the applicant has other loans. Hence, borrow responsibly to avoid over-indebtedness.
What is this page for: the main aim of this website is to help you end up with the best available financial product according to your needs. We, therefore, take time to provide you with the most updated information about the available credits in the market, equipping you with skills to compare them before signing up for an option.
Source: Information about the regulations on online credit providers is sourced from Statista, and the French Law on Consumer credits, among other reliable sources.
Methodology: The data relating to the conditions of these products (amount, term, interest, etc.) have been obtained through online research and consultation of the official statistics of the aforementioned reference sources.
About Us: FUNDGECKO is an online comparator website that specializes in personal finance and home economics products. Besides comparing the available options, we provide you with rich information that makes it easy for you to identify the most suitable option.
Note: There are no charges attached to any of our services, as FUNDGECKO obtains its income from advertising and its featured products.