In Uruguay, although most financial institutions request a salary receipt to deliver a loan, there are some options that allow access to a loan without the need to present this document.
Now, we present some examples of institutions that offer loans without a salary receipt in Uruguay.
Personal loans without salary receipt
Certain financial institutions offer personal loans without the need to present a salary receipt. For example, the company Credicuotas offers online personal loans of up to US dollars 50,000 Uruguayan pesos without having to present a salary receipt. Another company that offers this kind of loan is Dineo, which allows you to request a personal loan online of up to US dollars 10,000 Uruguayan pesos without a salary receipt.
personal guarantee
In the case of a personal guarantee, an alternative is to attend a financial company that lets you use real estate as collateral. For example, Banco República offers the “Tu casa te presta” program that allows you to obtain a mortgage loan using a property as collateral. Another alternative is to go to a security credit company such as Monte de Piedad, which allows you to obtain security loans by putting resources such as jewelry, watches or household appliances as collateral.
Solidarity endorsement
In the case of the solidarity guarantee, an alternative is to assist credit unions that let them have a guarantor to obtain a loan. To give an example, the National Savings and Credit Cooperative (Conac) lets you have a guarantor to get a personal or pledge loan. Another alternative is to attend the Savings and Credit Cooperative of the Association of Bank Employees (CoopBanc) that allows you to get personal loans with a guarantor.
Credit card loans
In the case of credit card loans, certain financial institutions offer the possibility of obtaining cash through a cash advance. To give an example, the OCA credit card allows you to get a cash advance of up to US dollars 5,000 Uruguayan pesos without having to present a salary receipt. Another alternative is the Santander Visa credit card, which allows you to get a cash advance of up to US dollars 20,000 Uruguayan pesos.
Although accessing a loan without a salary receipt can be complicated, there are some options in Uruguay. It is essential that you examine each of them and choose the one that best suits your financial situation. Do not forget to carefully read the terms and conditions of each option before requesting a loan.
