Credit without proof of use
Without proof of use does not mean without a file
The ambiguity of the word “proof” needs clearing up straight away. A credit without proof of use means that you have no invoice, no quote, no purchase order to produce regarding how the funds are used. It never means that you will borrow without providing proof of identity, bank details, payslips and a tax assessment: those documents remain compulsory, since French law requires the lender to verify your creditworthiness (Art. L.312-16 of the Code de la consommation) and to consult the FICP register.
Technically, this is an unallocated credit: the sum is paid into your account and you have free use of it. It is exactly the mechanism of the personal loan — the same product, presented here from the angle that matters to those who do not want to justify their spending: helping out a family member, a private expense, multiple needs that cannot be documented.
This freedom has a price you should know before signing, and which we set out below: you lose the protection of allocated credit.
- No invoice or quote to produce on how the funds are used
- Creditworthiness documents, by contrast, are still required by law
- Amount: from €5,000, fixed annual rate of 3.90%
- Statutory 14-day withdrawal period (Art. L.312-19 of the French Code de la consommation) without exception
Key features
Unallocated credit
The funds arrive in your account with no contractual destination. You can spread them across several expenses, help a relative or rebuild a cash cushion without having to account for it.
Allocated credit, the comparison
An allocated credit is legally tied to the sale: if the sale does not take place or is cancelled, the credit is cancelled automatically (Art. L.312-48 of the French Code de la consommation) and you repay nothing. See the used car loan or the swimming pool credit.
The risk you accept
With a credit without proof of use, if the seller never delivers, goes bankrupt or delivers faulty goods, you remain liable to repay in full. No legal link connects your credit to your purchase.
The lender’s scrutiny
Do not confuse the absence of proof of use with the absence of analysis. Debt-to-income ratio, account conduct, banking history and Banque de France registers are examined with the same rigour as for any other credit.
How it works
Check that it is the right choice
If your expense is an identified purchase from a single seller, an allocated credit protects you better for a comparable cost. We will tell you so rather than sell you the simplest option.
Calibrate amount and term
The calculator displays the monthly instalment and the total cost. Borrow what you need, not what the scale allows: nothing obliges you to use the maximum granted.
Put together the creditworthiness file
Proof of identity, bank details, your last three payslips, your latest tax assessment and proof of address. That file, and that file alone, is what is requested.
Signature and payment
After signature, the 14 days of withdrawal run; the funds are then transferred to your account. For faster processing beforehand, see the express loan.
What we check for you
- We steer you towards allocated or unallocated credit according to your real project, not according to what is easiest
- Lender and broker: direct financing or competition based on total cost, insurance included
- No arrangement fees payable to us: the assessment is free and without obligation
- A frank opinion when an application cannot be financed, rather than a series of refusals
Frequently asked questions
No. A lending institution that granted a credit without checking your income would be in breach of its legal obligation. Any offer promising “no documents” should be treated as an attempted scam: never pay “release fees” in advance.
Often slightly, yes. The lender has neither the link with a seller nor knowledge of the asset financed, which it reflects in its pricing. The gap varies from one institution to another. Our annual rate, however, is single and fixed: 3.90%.
Systematically. Consulting the FICP register is compulsory before granting any consumer credit. A current listing does not make credit impossible everywhere, but it sharply restricts the institutions able to process the application.
Yes, you have 14 calendar days from acceptance of the offer to withdraw, without reason or penalty, using the detachable form attached to the contract. This period can neither be shortened nor circumvented.
No, not for an unallocated credit. However, if you apply for a new credit later, all your commitments will appear in the calculation of your debt-to-income ratio.
You would rather have nothing to justify?
Have your application assessed free of charge. We will also tell you, in full transparency, whether an allocated credit would protect you better for the same budget.
Credit is a commitment and must be repaid. Check that you can afford the repayments before you commit.
