How to request a personal loan through an SMS

Easiest way to request a loan.

All the necessary process to request and get a personal loan for whatever you need. One of the tools that we make available to our customers to make it even easier is the credit application system through SMS.

Personal loan by SMS

Being able to request a personal loan by SMS is, in addition to an incredible speed, the possibility of being able to make the request from anywhere and at any time. And you’re on vacation, in the supermarket or doctor. You will only need a mobile phone.

But how does this tool work? The truth is that it is very simple. To request a personal loan through an SMS, all you have to do is send a message to the number.

This message should contain the word txt loan followed by the following information:

– Amount to request.

– Return period.

– Sex

– Name and surname.

– DNI / NIE.

– Date of birth in DD / MM / YYYY format.

– Address.

– Postal Code.

– City.

– Bank account number.

– Email

All these data must be entered in this exact order separated by spaces (do not use commas or other punctuation marks). We also recommend that you do not use accents or other special characters such as the letter ñ, as problems may arise for the operator.

All these data are the ones that you have to facilitate when requesting your fast personal loan with us on your computer, but through an SMS. It’s fast and simple. But so that you do not have any doubt about how to apply for your personal loan with an SMS.

Brief history of loans

At present, both personal loans and loans are very common financial operations and used throughout the world.

More and more people are opting for this way of obtaining liquidity to carry out their projects easily and simply. But it was not always like this.

Pioneering Lenders: Greece and Rome

In antiquity, barter was the medium of majority exchange and, to some extent, served to access resources that were not available, in exchange for available resources. The growing projection of increasingly ambitious companies by Greek merchants and explorers, made pre-classical Greece to adopt the first loans of real money with interests, already tested successfully among the Phoenicians.

It can be said that without this brilliant idea, the flourishing of classical culture would never have been possible, due to the economic limitations of initially self-sufficient societies. While it took Rome several centuries to adopt the loans as a means to economic growth, discussions among jurists of the time, demonstrate the concern of Roman society to define fair interest rates.

Lack of liquidity?

With the advent of Christianity, the classical conception of wealth as a desirable means and end, as well as a source of economic and moral progress, was progressively replaced by the moral censorship of usury. In this way, several centuries of decadence were experienced, in which both cultural production and economic progress were damaged due to the lack of financial liquidity motivated by the prohibition of interest loans.

But despite this, the loans continued to function, especially among the Hebrew communities scattered throughout the Christian kingdoms. Over the centuries, Jews became the great lenders who financed the most important companies in medieval history. In general, the loans offered could vary, from zero interest for members of their community, to reasonable interest rates for other borrowers, always based on the trust and solvency of the same.

Liquidity, discoveries and progress

With the discovery of America, thanks to a loan made by the Catholic Monarchs to finance the Columbus expedition, the need to finance the most unusual and unimaginable companies became evident. The boost of wealth that this discovery meant for Europe, meant a very important step in history, since the idea of ​​progress was gradually imposed on all of society, as the most effective means of creating wealth and happiness.

During the eighteenth century there was a major change, with the creation of commercial banks, first in Europe and then in the United States. This meant an increasing ease of access to loans, even by small traders and entrepreneurs. Already entered into the twentieth century, virtually anyone with a business idea, a service, or simply an economic need, could access loans with which to fulfill personal and collective dreams.