Global Money Express strives to provide as much information as possible to facilitate the process of obtaining a loan. The answers to some of the most frequently asked questions can be found below.
Global Money Express is a non-banking financial corporation established in Spain, specializing in issuing consumer loans. We provide simple and quick access to financial resources with minimum documentation and clear conditions.
Global Money Express gives you quick and easy access to money when you need it most. Follow these steps to get the loan as quickly as possible.
1 Prepare the necessary documentation
➔ Identity card: for identification;
➔ Proof of regular income: pay slip/pension slip and bank statement, and
➔ Personal current account that is not blocked or protected at the time of submitting the loan application.
2 Complete the on-line form
Visit our website and complete the on-line application form. Enter your personal information, contact information and the loan amount you need.
3 Attach the documentation
Attach the necessary documentation to the on-line form. This will speed up the process of verifying your information.
4 Submit the application
Submit your loan application.
5 Quick check and approval
We will quickly check your application and documentation. You will be notified about the approval during the same day or on the next business day.
6 Disbursement of funds
After approval, the payment of funds will be made on the same or the next business day to your personal current account.
In order to get a loan from Global Money Express as quickly and simply as possible, it is important to prepare the necessary documentation in advance. The documents you need to attach to your application:
1 Identity card
You need a valid identity card so that we can verify your identity. Ensure that all information is clearly visible.
2 Proof of regular income
Proof of regular income can be
➔ Pay slip: Proof of your regular income provided by the employer.
➔ Pension slip: if you are a pensioner.
➔ Bank statement: A detailed statement showing transactions on your current account.
3 Personal current account
It is necessary to submit the number of the personal current account to which the funds will be paid. The account must not be blocked or protected at the time of submitting the application.
4 Contact information
Please ensure you have the correct mobile phone contact so that we can contact you quickly and easily during the application process.
Global Money Express provides clear information on all borrowing costs so that you can plan your finances better. Our fees are clearly defined and easy to understand, with no hidden costs.
Fees are calculated based on the following elements:
➔ Loan amount: The total amount of money you borrowed.
➔ Repayment term: Total number of days it will take to repay the loan.
Example of fee calculation:
For example, if you took a loan of EUR 1 000 with a repayment term of 90 days in 3 installments, the fee would be calculated as follows:
➔ Loan amount: EUR 1 000.
➔ Repayment term: 90 days.
➔ Number of installments: 3 installments.
Costs:
➔ Fee: EUR 400.
➔ Processing cost: EUR 20.
Total amount:
Payment amount: Loan amount minus processing cost (EUR 1 000 – EUR 20 = EUR 980) Total to be returned: Sum of loan amount and fee (EUR 1 000 EUR + EUR 400 EUR = EUR 1 400)
Payment schedule:
First installment: Principal EUR 334 + Fee EUR 201 = EUR 535
Second installment: Principal EUR 333 + Fee EUR 137 = EUR 470
Third installment: Principal EUR 333 + Fee EUR 62 = EUR 395
The total payment in installments amounts to EUR 1 400 EUR.
Global Money Express loans require the submission of a pay slip as proof of your regular income. This approach ensures that we can provide the most favourable conditions for our clients.
Global Money Express requires clients to have a regular income in order to get a loan. This condition helps ensure that clients can repay their loans on time, thereby reducing risk for both parties. Unemployed individuals who do not have a stable source of income cannot exercise the right to a loan through our services.
Global Money Express provides quick and easy loan disbursement, so that clients can receive the necessary funds on the same or next business day. The disbursement process is efficient and clear.
Once the application is approved, the funds are paid to the client's personal current account. The payment is be made on the same or the next business day, which provides a simple and quick access to required financial resources.
