Where to get a loan from the age of 18: TOP-5 banks where you can get cash + submitting an online application and reviews of borrowers

In this article, we will look at how to get a loan from the age of 18. We will find out whether it is possible to take a cash loan without involving guarantors and whether a student loan will be approved. We have prepared for you the procedure for submitting an online application, a list of documents and collected reviews about banks.

TOP-5 banks issuing loans from the age of 18

Modern youth often needs financial support to pay for education, start their own business, purchase real estate, etc. But not all banks issue consumer and other loans to girls and men from the age of 18. Sometimes you need to spend a lot of time to find which bank gives cash loans to citizens at the age of 18.

Even one of the major participants in the financial market, known for its loyal conditions for borrowers, does not approve loans from the specified age. Such loans always carry an increased risk of non-repayment, but they can still be obtained from some institutions.

The list of banks lending money from the age of 18 is presented in the following table:

Now you know where you can take loans when you reach the age of majority. At the same time, we have collected the most favorable conditions. For example, in the same country where the interest rate is higher, people under 21 are not considered borrowers at all.

In microfinance organizations, lending conditions are even more stringent, and money is issued, as a rule, for a short period.

This table presents organizations that not only willingly cooperate with young people, but also offer quite acceptable options for obtaining funds.

Credit from the age of 18 in Sberbank

This organization issues only under surety. For students, there is a special program for providing money for education. During the entire period of study, only interest is paid, and the body of the loan is repaid after graduation and subsequent employment. The term of the loan allows you to do this.

In addition, in Sberbank you can get funds for any purpose, for the purchase of equipment, recreation, etc. Parents or other relatives are quite suitable as guarantors. The decision is made within two days, and you will collect the money in cash on the day of approval.

A loan can be issued on the basis of a civil passport and SNILS. Employment certificate and proof of income are optional, which is essential for 18-year-olds, most of whom cannot prove employment. A preliminary decision on an application submitted via the Internet is made within 1 minute.

In Post Bank, borrowed funds are credited to a special card. The required amount can actually be received on the day of approval. Clients can apply for the "Guaranteed Rate" service in order to repay a loan at the lowest possible commission - 12.9%.

In ICD

In this bank, you must confirm the source of income. In this case, the borrower's employer must be registered within Moscow or the Moscow region. Only here you can use the money for the longest possible period - 15 years. The application is processed quickly, and the final response is generated within three business days.

To apply for a loan, you need to present a passport and a second identity document. Providing additional paperwork increases the likelihood of loan approval. Credit insurance is carried out at the request of the client. Funds are transferred to a special bank card.

The program "Consumer Credit" in this institution applies to all categories of individuals who have reached the age of majority and are not engaged in entrepreneurial activities. Loans are available for students and retirees. To receive a loan of up to 1 million rubles, it is not necessary to confirm income and employment. The money is given without collateral at low interest rates. There are no additional commissions.

In the event of unforeseen circumstances, a loan refinancing program is provided. Additionally, you can apply for the “Financial Protection” service, which will pay off the entire loan amount in the event of an insured event. In SMP Bank, you can borrow up to 3 million rubles.

In MTS-Bank

The loan is granted after confirmation of solvency, provided that there is a permanent source of income for at least 3 months. A cash loan for any purpose in this bank is available to employees, working pensioners, individual entrepreneurs and business owners. The decision on the questionnaire is made within three days. The validity period of the decision is 90 days.

The interest rate is formed on an individual basis. Money is issued without payment of additional commissions. Early payment in any amount is possible, at a convenient time. The amount of interest is charged only for the period of actual use of the money.

How to get a loan from the age of 18 online?

To apply for a loan, go to the website of the selected bank and click on the "Fill in the application" button. In the next window, you specify the loan amount and the period for disposing of money, go through registration and fill out the questionnaire. It must indicate the full name, date of birth, the amount of monthly income, information from the passport, as well as contact information.

Submit an application for consideration and wait for a call from a bank representative. The manager will ask a few questions, and if everything is in order, he will invite you to the bank to draw up an agreement. The branch must be visited with all the necessary documents. The final decision is made on the spot, and if the loan is approved, you just have to sign an agreement and receive money in a convenient way.

Requirements for borrowers

The above banks serve all segments of the population, citizens of the Russian Federation after reaching the age of majority. In some organizations, you need to confirm income or require at least three months of work experience in one position. In some banks, information on official employment is not required.

Documents for obtaining a loan

To get a loan, you may need:

• Passport of the Russian Federation.
• The second document to choose from is a passport, driver's license, etc.
• A document confirming the amount of monthly income.
• SNILS.

Is it possible to take a loan from the age of 18 without guarantors?

It is possible, and in most of the presented banks. To obtain a loan, it is sufficient to have the above documents and compliance with the categories of borrowers.

To maximize the likelihood of loan approval, indicate in the application only reliable information about yourself. Enter all data without grammatical errors and other inaccuracies.

A guarantor is required only at Sberbank, including in the process of applying for a student loan.