The digital revolution and advances in information technologies have transformed the lives of people and society as a whole. Today, the internet is in all Spanish homes and it is difficult to imagine how we worked without it, since its contribution in different areas has been substantial.
The banks and, in general, the financial activity has been tremendously impacted, both by these changes and by the economic crisis that Spain has suffered in recent years. The constant closures of offices, the strategic mergers that the sector is experiencing, the high fixed operating costs and the stagnation in the flow of credit have been key factors in the digitalization of banking.
Between 2009 and 2015, Spanish banks closed more than 13 thousand offices. Moreover , between 2012 and 2013 alone, 4 thousand closed branches were registered and, according to the estimates of Upite Consulting , it is projected that this year 2017 will end up closing a quarter of the banking offices in the country.
But not only financial institutions have suffered the onslaught of the crisis, people are the main affected, and if we add to that the poor organization of personal finances, the accumulation of unpaid bills and the reduction of income, the scenario complicates
That is why many people are looking for quick alternatives to urgent money problems and this is where institutions with online services run with an advantage. In Spain, a wide variety of companies offer online loans and more and more users are contracting these services via the web, saving time, money and bad times.
There are multiple reasons why more and more users prefer to search the internet for solutions that traditional banks are not able to offer. In the digital world the possibilities multiply and the advantages are obvious.
For this and more, the number of users of this type of service grows every day, because hiring credits online is much more convenient than doing it in person at a traditional bank. It is enough to have access to the internet to quickly solve a cash emergency quickly, comfortably and safely, without having to wait in long lines and avoiding bad times with traditional banks.