Credit for Credit Aid recipients – Short Term Loans
Need money today No problem. Apply for your mini credit with express option by 3 p.m. and your credit will still be sent to the bank for payment today. Apply for mini loans online Apply for your mini loan online easily and conveniently via smartphone, tablet or PC. Receive quick approval You receive the approval or rejection of your loan in real time. A small loan from Lite Lender has no effect on your personal Credit Bureau score.
What is a loan with Federal Credit Aid
A loan with Credit Aid is a student loan. Lite Lender grants this to students who are already receiving Credit Aid, which almost completely excludes the usual installment loans from banks.
For a loan in spite of the Credit Aid, you apply for a loan from Lite Lender in the usual way and provide your Credit Aid as proof of a regular income. This also applies to any part-time earnings that you receive additionally.
When is a loan useful for Credit Aid recipients?
A loan from Lite Lender despite Credit Aid makes sense if there is an exceptional short-term financial need. Since Credit Aid and also jobs carried out in parallel usually do not leave adequate financial scope, a loan is sometimes the only way.
A loan for Credit Aid recipients at Lite Lender is always worthwhile if you need a certain amount at short notice, but this cannot be deducted from your monthly income or otherwise.
Advantages of a loan with Credit Aid via Lite Lender
If you apply for a loan with Credit Aid via Lite Lender, you will secure the required financial resources within a very short time. Thanks to the short terms, you can also process the loan quickly. This gives you the opportunity to have smaller sums at short notice without accumulating debts over a longer period through repayment, accruing interest and running costs.
Lite Lender quickly gives you the credit you need. You receive approval or rejection for your request in real time. With the Lite Lender Express option, your application will be processed on the same day for an inquiry received by 3 p.m. You make the application online on the PC or alternatively via smartphone or tablet. In this way, an immediate payment is made.
Stay carefree with our credit benefits
|Our credit benefits||Even more advantages|
|transparent conditions||no upfront costs|
|only the amount of credit that you actually need||low interest rates|
|no fees for early repayment||individual terms can be selected|
With a mini loan, as with other loan offers at Lite Lender, you benefit from a limited commitment. With a short term of 15, 30, 60 or 90 days, you will repay the borrowed amount including the interest accrued within a short period of time. The different terms allow you to adjust the repayment to your individual situation at the same time.
Another advantageous condition for a loan in spite of the Credit Aid is the conditions of the application. Lite Lender does not charge any commission or processing fees for processing short-term loan applications. You only pay the requested amount and the interest accruing according to the term. For you this means: full overview and cost control.
Lite Lender specializes in smaller loan amounts and short terms. With this, you benefit from low interest amounts on a loan with Credit Aid. The lower the amount of the loan and the shorter the term, the less interest you pay. With every application you will receive exact information about the interest charged. This means there are no hidden costs and no unpleasant surprises.
Loans with Credit Aid – your advantages with Lite Lender at a glance:
- Faster credit thanks to real-time processing and instant payment (possible on the same day)
- no long commitment thanks to short terms
- no commission, no processing fees, no hidden costs
- low interest rates due to the smaller loan amounts and short terms
How to finance your loan with Credit Aid
A loan application at Lite Lender can be processed quickly and easily in just three steps. First, select the desired loan amount and term using the online calculator. Then you submit the relevant application by entering your personal data. Thanks to the real-time check, you will receive an immediate approval for your online loan. In the final step, you carry out authentication via Videoident and upload any documents that may be missing. After this process, you will receive the requested loan amount within a few days.
When choosing the loan amount, you can choose an amount between 100 and 3,000 USD. To do this, select the suitable term of 15, 30, 60 or 90 days. With the online calculator you can see immediately what interest is due for the conditions you want. Accordingly, adjustments can also be made if necessary.
Once you have decided on a loan amount and the appropriate term, submit your loan application online. You use a device of your choice. Lite Lender immediately processes your application and carries out a real-time check of the data you have submitted. On this basis, you will immediately receive an approval or rejection for your loan application.
If you receive a promise for your online credit, you can easily authenticate yourself via Videoident. This takes only a few minutes. This has the advantage that you do not have to authenticate with the post office or bank. This saves you an additional route and time. Lite Lender will process your loan application in the shortest possible time.
Requirements for a loan with Credit Aid at Lite Lender
To apply for a loan with Lite Lender, you must provide your personal data, i.e. name, date of birth and address. You also need your ID card or a valid passport to authenticate via Videoident.
For a loan with Credit Aid, Lite Lender specifies fixed criteria for lending. The prerequisites include that you are at least 18 years old and that you are resident in Germany. You also need a German bank account and a regular income of at least 500 USD. This includes the Credit Aid paid to you as well as any additional earnings. Another acceptance criterion is an at least “medium” credit rating.
Lite Lender does not request extensive documents for your loan application. In addition to the documents for authentication, a simple proof of income is usually sufficient. Deviations arise individually.
What do you need to get a loan online as a Credit Aid recipient
|All requirements at a glance|
|Current account with a German bank||German main residence|
|Overindebtedness excluded||regular income of at least 500 $|
Loan with Credit Aid with immediate payment
The reasons for a loan as a Credit Aid recipient at Lite Lender are a short-term financial need. These can be real emergency situations, such as costly repairs in the household or an additional payment for additional costs. Urgent acquisitions such as a computer are also possible. But it is not uncommon for the loan application to have a positive background, such as a trip or a festive occasion. As varied as the reasons for a loan with Credit Aid are, the lending via Lite Lender is very simple. If you meet the relevant requirements and receive a corresponding promise, you will receive the required payment and use the money individually.
Lite Lender processes your loan application quickly so that you can access the guaranteed amount within a few days. For some, however, even this short period of time, for example due to an emergency situation, is still too long. In this case, too, Lite Lender will help you with a lightning credit and an express option. If you need your money the same day, simply submit your full loan application by 3:00 p.m. Lite Lender processes this immediately and forwards it to the partner bank. With online transfer, you have the requested loan amount within 24 hours on weekdays. Attention: If you use the express credit option, Lite Lender limits the payment for new customers to $ 1,000. The use of the maximum loan amount of 3,000 USD is only possible for existing customers.
What are the requirements?
The most important requirements are a place of residence and bank account in Germany, verifiable income.
Which documents are needed?
A passport or ID for identification by video and proof of the stated income is sufficient in most cases.
How does the repayment of the mini loan work?
The borrowed amount must be transferred to our partner bank account.