In the US, few places have the fame that New York has, especially for having one of the most recognized cities on the planet. Those who live in this metropolis have no problem obtaining financing within the many available options.
We will tell you a little about this state, its homonymous main city and how to take out a personal or a quick cash loan in New York.
Where to take out fast personal loans in New York
Regardless of the type of personal loan you are looking for, in New York it will not be difficult for you to find a bank, savings institution, credit union or fintech for it.
There are them on every corner, through traditional institutions or through the most sophisticated online platforms so that you receive your money in less than 24 hours.
Whether you want to consolidate your debts, pay for your children's education, take a well-deserved vacation or attend to an emergency, you will not be short of options.
Banks like Citibank, TD Bank, KeyBank, Wells Fargo, M&T Bank and companies like LendingClub, Prosper, LightStream, BestEgg, Sofi, Avanta, Upgrade and many more make it easy for you to earn extra money.
Loans in New York near me
This map is a useful tool for finding personal loans near your current location. It shows the lenders in New York City, with directions to each one, their hours of operation and contact phone numbers:
What interest rates can you expect
Most lenders are aware of the laws that regulate these products and also try to differentiate themselves from payday loans, which do not have a good reputation, but can offer you easy fast money with few requirements, even if you have a low score or don't have credit history.
To make their offers more accessible, there are those who give you an annual APR from 5% to 36%. But you're going to have to show a credit score above 700 to get the best rates.
The interest rate may vary in your choice of financing. While with an excellent score you can get an APR between 10-12.5% with an unsecured personal loan, for a secured product this value can be reduced.
You may be interested in: Personal loans in Pennsylvania near me
On the other hand, if your credit score is poor, you can only aspire to interest ranging from 28 to 36% or much higher.
Many of these personal loans are not focused on the short term either, such as fast loans or urgent loans. Payment terms range from 6 months to 5 years, but can be extended up to 12 years.
Similarly, if you have a good credit score, you can get up to a maximum of 100 thousand dollars to invest in what you consider important.
Requirements and documentation of personal loans in New York
Getting a personal loan in New York or any other state is not particularly complicated. Among the requirements that are usually required for this procedure, the following stands out:
- Have a stable source of income.
- Be the age of majority (18 or 21) according to the law.
- Be a permanent resident of the US or have US citizenship.
- Have a bank account, an active phone and an email.
If you meet these conditions, the paperwork is reduced to:
- Show valid identification: Driver's license, passport or other official ID
- Provide personal information: full name, date of birth, address, cell phone and email.
- Prove your employment relationship: letter from your employer, account statements, pay stubs and position you hold in your current job.
If you don't want to visit a bank branch to apply, you can choose to use an online platform. So you can carry out the process wherever you are, receive a response the same day and get the funds 1 or 2 business days later.
Online quick cash loans in New York are a particularly widespread modality among those who live in such a frenetic city.
As a popular state, New York is a state full of opportunities for those seeking a new life and multiple options to finance their lifestyle.
In this sense, you can count on the Busconómico comparator to find the best deals on personal loans, fast loans and mini-credits online and offline. Do not hesitate to contact us.
Brief overview of the state of New York
Although it is not the largest in the American Union in size (27th), New York is a state located in the northeast of the country that stands out for its most populous city, of the same name.
Home to the first 13 colonies that made up the United States, it has an estimated population of 19.45 million inhabitants, most of whom (80%) are divided between Long Island and New York City.
Contrary to popular belief, the state capital is Albany
, a city located north of the megalopolis of New York.
Returning to its main city, also known as "the big apple", it is considered a megacity for being one of the most populous and diverse in the world.
It is home to some 8.6 million people who share 800 languages and of which 3.2 million are immigrants. The fame of New York City is due to its great media, financial, cultural, technological, political, tourist, sports and fashion influence.
In New York State, a household has a median income of $65,000 per year, which ranks 15th in the nation. With a gross domestic product of 1.9 trillion, its economy is supported by various industries, such as technology, finance, education, entertainment, tourism, and exports.
Español: Préstamos personales en New York