Getting express credit is not that easy. Indeed, there are laws strict enough to regulate the distribution of consumer credit in France. Even if it is possible to find an express credit, it can only be used in certain specific situations. All of these loans are in the fast credit category.

How does express credit work?

How does express credit work?

Fast or express loan requests can be broken down into 3 main situations:

  • Already have revolving credit available 
  • Need less than $ 200 and / or reimburse within 90 days
  • Be able to wait between 7 and 10 days to get the money

Why these typical situations? It’s very simple, it is linked to the consumer credit law and in particular to article L 311-3, which excludes from the scope of operation transactions less than $ 200 or less than 3 months if the costs are negligible. . For the waiting period of 7 days, it corresponds to a legal withdrawal period during which the financial company is not supposed to make payments of money.

Fast credit or express credit?

Either we already have a reserve of money in the form of revolving credit that we can use immediately. It is the fastest form of credit. Either you need less than 200 $ and it is possible to obtain a credit in 24 hours. Either you need more money and you have to be ready to wait at least 7 days , which is no longer quite an express loan.

Express credit through revolving credit

Express credit through revolving credit

Objectively the fastest way to get money . Revolving credit is a form of immediate loan if it is already open. To benefit as quickly as possible, simply request a transfer directly to your bank account. You can generally use this form of fast credit by logging into the customer area of ​​the website of the credit organization that manages it or by calling them. A transfer will generally take between 24H and 72H to arrive on the account . But some revolving credits are backed by credit cards. The money can therefore be collected from the distributor.

Many people take advantage of this type of express credit in the form of a store credit card . In fact, most department store payment cards are linked to revolving credit.

Express credit of less than 200 $

Express credit of less than 200 $

As we have seen, the law allows you to obtain an express credit of $ 200 or less without it being really considered as a loan. Offers have therefore been launched in this niche such as those of Viloan and FinderCash. We nevertheless urge the greatest caution in this area. Indeed, our survey on small credit had clearly highlighted the very significant costs that this form of express credit can generate. But the money can arrive in 24H to 72H.

Request an express credit

Request an express credit

If the previous express credit solutions are not possible or suitable, there is no choice, you must request the opening of an express credit. Unfortunately, it will not be possible to get the credit money in less than 7-10 days . We detailed the reasons and the ways to speed things up as much as possible in our article “how to get money from a loan quickly”.

In summary, to get the money for a new express loan as quickly as possible:

  • apply for credit online until you obtain a first agreement in principle (which our comparator allows)
  • prepare all the necessary credit documents
  • print the credit agreement (or wait for it to arrive by mail)
  • sign the contract and return it with all supporting documents
  • wait for final decision and transfer of money from express credit