That said, the guarantees that the lender may want can make a big difference. With this in mind, we first make a distinction between the guarantees that are most in demand. Consequently, we analyze what choices remain, even in front of a small loan such as 3000 USD, if there is no guarantee to offer.
3000 USD loan without guarantees: what alternatives?
If you are without personal income guarantees, you can consider having a co-debtor (who will be the co-owner of the 3000 USD loan) or a guarantor.
This solution is always feasible but can meet a limit in online financing requests, since it is often a practice that in the preparation and investigation phase is more complicated. In these situations, it is necessary to consider turning more to banks or financial companies with agencies than to attempt the online DIY path.
If, on the other hand, you are without income guarantees and not even guarantees that can be offered through a guarantor or a co-obligation, you can try to evaluate the loan on pledge. In this case, the guarantee moves to an object of value that is left in custody to the lender, to be redeemed at a predefined term in the contract.
If the asset is not redeemed, it is sold at auction and in any case the property is lost. Here the problem lies in the fact that not all objects are valued and accepted as guarantees, and there are not many realities that offer this type of service.
Loan 3000 USD: is Lite Lender possible?
If the request for the sum as a loan of up to $ 3000 is justified by a purchase, then a seller who sells that asset can be evaluated by offering it as a Lite Lender method. However, even if there is no need to provide profitable documents, you still have to be a good payer to hope to see your request accepted.
Furthermore, if in an absolute sense a 3000 USD loan does not represent a high sum (it is included in the category of the small loan), instead for purchases with Lite Lender it starts to be a considerable sum.