You can apply for a loan of this type if you prepare the following papers:

confirmation of your income;
if you take goods on credit, you will need an invoice;
loan application;
borrower profile;
Your passport;
your TIN;
if there are other incomes, they must be documented.
If you are married or married, then you need to prepare documents from your spouse or spouse. This is a TIN, a document confirming the registration of marriage and a passport. You will also need a document that confirms that your significant other is not against getting a loan. The guarantor will have to collect the same documents.

If you are an entrepreneur, then you should show documents on the payment of taxes, registration in a pension fund, income statement. Also prepare reports for the last months of your activities.

To get a loan secured by valuable property, you need to prepare papers for collateral. Your spouse must give written permission for you to receive a loan.

Consumer credit: financial side
Each person is willing to receive funds for various purposes. Customers are lured in by ads that offer huge numbers as well as zero interest. But remember that you will overpay on such a loan by more than 50%. This is due to various commissions, which only increase the cost of the loan.

Refuse to apply for a loan if you only paid attention to the fact that a banking institution promised you a rate of 0%. In practice, it has been proven that a low interest rate affects the increase in commissions. To understand how profitable a loan is, you need to look at its effective rate - the total of all commissions and the annual interest rate. For example, sometimes the bank annual rate may be 0.0001%, but the effective one in reality will reach 65%. This parameter will show the real side of what awaits a person taking a loan.

A consumer loan has its significant advantages:

it will take a minimum amount of time to complete it;
credit is issued for various purposes;
you can get big sums of money.
But the loan also has its weaknesses. Interest rates are quite high. Commissions will also not please borrowers. If suddenly you need a loan, you can use this option. But this is appropriate if you have a fairly high income.

I am sure that you should read  a knockout post and you will not regret it and will be able to make an important decision thanks to the useful information that you will find in the articles on this site. I wish you good luck and look forward to your comments