Online Fast Loan Without Documents

No. The Fast Loan Without Documents is intended for people who do not currently have an account with BBVA.

But remember that to benefit from the 1% reduction in the interest rate, you must also have your paycheck or pension directly deposited at BBVA for the duration of the loan.

Our Fast Online Loan Without Documents only has a 2.30% commitment fee, which is also waived if you apply before 12/31/2020.

You will receive it instantly after signing if you decide to open a Fee-Free Online Account at BBVA. 

Or within a maximum of 72 hours after signing, if you decide to receive your money in an account outside BBVA.

If you choose the option to not send documentation, we will securely and anonymously connect with your other bank. To do this, you will enter your own login password, which will only be used to make this connection and determine if your loan is feasible. Once your loan is approved (or in 30 days if it is not), the details will be deleted.

If you decide to cancel all or part of your loan before the end of the term indicated in the application, you will have to pay a cancellation fee of 0.50% of the unpaid principal if fewer than 12 months remain to pay off the loan, or 1% if more than 12 months remain.

We will inform you promptly via email or, if you prefer, you will be able to check the status of your application by going into your private area (whether in the BBVA app or at bbva.es) with the username and password you chose during the application process.

You will open a fee-free online account with a Débito Ahora card, also with no fee. Check out all its advantages here.

From a minimum of €3,000 to a maximum of €20,000. If you need a smaller amount, you can request one of our credit cards.

The payments will be charged to the bank of your choice on the last day of each month.

The BBVA Fast Loan Without Documents can only have 1 borrower.

If this happens, you will be charged late payment interest. In addition, failure to make payments can lead to serious financial consequences (e.g., forced sale of assets) and difficulty obtaining other loans. BBVA recommends responsible financing.

NIR (Nominal Interest rate) is what you pay to a bank in exchange for receiving a loan. The NIR is usually less than the APR and can't be used to compare the cost of different loans, since it only considers the interest rate and not all the costs of the transaction.

APR (Annual Percentage Rate) indicates the cost of a financial product such as a loan, including interest and the various associated expenses and fees. This figure lets you compare different loans since the lower the APR, the cheaper the loan.

• Depending on the amount you request, and using prudential and responsible loan criteria, we may request the involvement of a public notary.
• Before signing the contract, we will send you the pre-contractual loan information (European Standardized Information Sheet, ESIS). 
• If your loan is approved, after signing it you will have 14 calendar days to cancel the contract at no additional cost.
  
• The granting of a BBVA Fast Loan Without Documents is subject to approval by BBVA.