Cofidis

Probably sometimes you have heard opinions, positive or negative from Cofidis . So that you can make the right decision about whether it is convenient to obtain a Cofidis loan, we will tell you more about this entity.

Cofidis

What is Cofidis?

It is one of the most popular financial institutions in Europe and is located in Barcelona.

Its main activity is the granting of credits in an agile way through its website.

Cofidis has a long history that exceeds 20 years and is made up of a group of almost 800 professionals in the United States and 4,000 globally.

This banking institution has granted more than 1.38 billion us dollars in loans.

Cofidis stood out from the rest of the banking entities since its inception in 1990, as it was one of the pioneering entities in providing loans over the internet.

It is part of the Cofidis Group, which began providing its services in 1982 in France for the 3 Suisses International Group, and later expanded throughout Europe, with 9 branches.

Today, the Cofidis Group is part of the Credit Mutuel bank in France.

What are the credits offered by Cofidis?

cofidis project credit It grants different types of credits, which vary according to the APR and commissions, although they all have in common the characteristic of having the money in 1 day.

  • Direct Credit from € 500 to € 4,000
  • Project Credit from € 4,000 to € 15,000.

Cofidis stands out from other private banking entities by offering an immediate response and also allows asking for up to € 15,000 to finance personal or business projects, such as the purchase of a car, restorations, university courses and parties.

Like other institutions, Cofidis will investigate the Credit Checker, FICO, Badecux and Experian solvency files, as well as those of Bank of United States Risk Information.

What are the benefits of Cofidis?

Note: The transaction may occasionally take time to validate, the maximum term is 2 days.

How does Direct Credit work?

On this page you will find in a summarized way all the information you are looking for about the Cofidis DIRECT Credit Loan . Cofidis Crédito Directo is specially designed to solve liquidity difficulties quickly.

The main benefit of this type of loan is that it works in a similar way to credit cards. By repaying a fraction of the credit, it will be ready to use again.

The credits granted have a minimum of € 500 and a maximum of € 4,000, allowing you to keep your bank. On the Cofidis website you will find a simulator where you can choose the amount of the fee to pay monthly.

If you need to make personalized inquiries, Cofidis has a totally free telephone service.

The best thing about this type of loan provided by Cofidis is the speed, you can get up to € 4,000 in just one day. It is unlikely that another financial institution will provide such an agile service for large loans.

As if that were not enough, Codifis allows early or partial return without additional costs.

Remember that the information that appears on the Cofidis Crédito DIRECT Loan page itself will always prevail

Characteristics of the Cofidis Direct Credit

  • Type of financing of the Cofidis DIRECT Credit Loan : Loans without endorsement
  • Maximum Credit: $ 4,000
  • Minimum Credit: $ 500
  • Is first credit free and interest-free? NO
  • Maximum term granted to you to return the money: 42 months
  • Minimum term for repayment: 13 months
  • How long does it take to have the money available: 24 hours
  • Do you ask for payroll for the loan? YES
  • Do you ask for endorsement? NO
  • Will they deny the loan if I am in Credit Checker? YES
  • Minimum age to request the loan: 18 years
  • Do you have a web simulator? YES
  • Does the simulator include the costs of requesting the loan? YES
  • Does the simulator include extra expenses as extensions? YES

How does the Cofidis Credit Project Loan work?

Cofidis Credito PROYECTO loan is a personal loan that grants from € 4,000 to 15,000 to be able to solve projects, such as the acquisition of a car, restorations, university courses, medical treatments, events, among others.

Characteristics of the Cofidis Project Credit

  • Type of financing of Cofidis Crédito PROJECT Loan : Loans without endorsement
  • Maximum Credit: $ 15,000
  • Minimum Credit: $ 4,000
  • Is first credit free and interest-free? NO
  • Maximum term granted to you to return the money: 96 months
  • Minimum term for repayment: 12 months
  • How long does it take to have the money available: 24 hours
  • Do you ask for payroll for the loan? YES
  • Do you ask for endorsement? NO
  • Will they deny the loan if I am in Credit Checker? YES
  • Minimum age to request the loan: 18 years
  • Do you have a web simulator? YES
  • Does the simulator include the costs of requesting the loan? YES
  • Means to receive the money: Bank transfer
  • Means to return the money: Bank transfer

The NIR varies from 5.95% to 16.95% and the APR 5.06% to 18.43%, depending on the amount, period and purpose.

What are the requirements to obtain a Cofidis loan?

Only three requirements are needed:

  • Have a valid DNI, NIE or residence card.
  • Have a fixed income (the 3 most recent payments must be shown)
  • Have a bank account in your name.

What steps should I follow to apply for my Cofidis credit?

To obtain your credit you need to follow 5 simple steps:

  1. Complete the application with your financial and personal information.
  2. Upload the required files (copies must be on both sides, mandatory in color and with sufficient sharpness to be read)
  3. Cofidis will investigate your request and will inform you if your credit will be granted or not.
  4. If your request was successful, you have the option of approving the contract in 2 ways:
    • Virtual signature through a code received on your mobile phone.
    • Contract received by post. In this case, it is necessary to notify Cofidis by phone of your choice before the first day has passed.

5. After signing the contract, you will receive your money in your bank account within 24 hours.

Does Cofidis grant credit cards?

The answer is yes, Cofidis offers a MasterCard credit card with which you can finance your daily expenses.

  • Free MasterCard card of up to € 6,000, without any issuance, maintenance or management costs.
  • Without any cost of obtaining additional cards.
  • You will have the certainty of paying the same amount monthly.
  • You don't need to change your bank
  • It provides accident insurance at no cost, which covers up to $ 100,000, and also assistance to the traveler in 1 day.

What commissions does Cofidis have?

  • For late payment: € 30
  • Cancellation before the established: 0.50% if there is less than 365 days left and 1% if there is a term greater than one year remaining. (Only for amounts that exceed € 4,000)
  • Advances with the card: 2% (minimum of € 2)
  • Changes in the payment method: up to € 60
  • Duplicate statements: € 6
  • Initial commission: 3% (for amounts exceeding € 4,000)
  • Postponement: 4% (minimum of € 10)

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