In the current world, where things are moving at breakneck speed, financial emergencies may occur anytime. It could be a medical bill popping out, or you may need emergency housework, or you somehow lack sufficient finances before payday comes, and the availability of fast financials has grown more and more relevant. It is here that the 7 day loan app has turned out to be a game changer in terms of the lending sector in India, which has proved to be a quick fix to short-term liquidity problems.
India’s online loan market has seen a booming rate with millions of customers using mobile-based lending solutions to address their immediate lending needs. The applications of these ultra-short-term loans have disrupted the way Indians are accessing credit, thereby making it possible to borrow money in a matter of minutes instead of weeks. For those exploring such quick solutions, the growing 7 Days Loan App List in India offers a wide range of reliable and fast options tailored to short-term needs.
What Is A 7-Day Loan?
A 7-day loan is an ultra short-term financial solution designed to offer quick monetary relief during urgent needs. These loans typically range between ₹500 and ₹50,000 and must be repaid within 7 days of disbursement. Unlike conventional bank loans that require extensive paperwork and long approval times, 7-day loans are digital, fast, and involve minimal documentation.
The concept is simple: borrow a small amount today and repay it the following week. This makes them ideal for covering unforeseen expenses when you’re confident about receiving income soon—such as salary, freelance payments, or commissions. If you’re considering this type of credit, referring to a trusted 7 Days Loan App List in India can help you choose the most reliable and instant options available.
What Are 7 Day Loan App?
7 day loan app are mobile applications that facilitate ultra-short-term lending through smartphones. These grand tech platforms involve the application of sophisticated algorithms and AI-driven credit scoring that would score loan requests in seconds and decision makers are likely to be able to give their decisions within minutes.
Key characteristics of these apps include:
- Digital-first approach: Complete loan process handled through mobile apps
- Instant processing: Applications processed and approved within minutes
- Minimal documentation: Usually require only basic KYC documents
- Flexible loan amounts: Typically ranging from ₹500 to ₹70,000
- Quick disbursal: Money transferred directly to bank accounts within hours
- Unsecured nature: No collateral or guarantor required
Why Short-Term Loans are Gaining Popularity in India
The current demand of the short-term loan apps in India can be explained by the combination of various factors:
- Digital Revolution: Mobility-based financial services have become the norm with more than 750 million smartphone subscribers and the penetration of internet. These apps are very appealing due to the ease of making loan applications at any place, at any time.
- Changing Lifestyle Patterns: The cash flow mismatch is becoming more common in urban Indians because of the shift in payment cycle, participation in the gig economy, and inconsistent income processes. Short-term loans bridge these temporary gaps effectively.
- Banking Accessibility Issues: In most cases, the conventional banking services require complicated processes, delayed responses, and the high level of criteria to be eligible. A large number of Indians living in semi-urban location are not able to enjoy the avenues of quick credit through the regular channels. his is where digital retail loans offer a viable alternative with faster approvals and fewer formalities.
- Youth Demographics: The youthful India is better at digital money payment and quick financial choices. They prefer instant gratification over lengthy traditional processes.
- Financial Inclusion: These applications have opened credit to new layers that were not met well by conventional banking, and these markets include students, freelancers and small business owners.
Pros & Cons of 7 day loan app
Pros
- Lightning-Fast Processing: The vast majority of applications deliver loans in 10-30 minutes of the time, so they also are suitable in the case of real emergencies. It is possible to get the whole process of applying and getting the money in your account in just hours.
- Minimal Documentation: In contrast to the conventional loan applications, which involve submitting salary slips, bank statements, and numerous documents, such applications only involve providing such minimum KYC documentation and access to phone data as to be able to evaluate creditworthiness.
- No Collateral Required: They are unsecured loans, and, consequently, you do not have to pledge anything or look for the guarantors, which makes them available to a wider population.
- 24/7 Availability: One can also apply to such loans any time even on weekends, holidays, and such schedules are critical in emergencies.
- Flexible Loan Amounts: Most programs also enable you to decide how much to borrow depending on what you really require at that particular time and there is no over-borrowing.
- Building Credit History: If you make timely and regular repayments, this will contribute to the creation of your credit profile making you eligible to borrow larger loans in the future.
Cons
- High Interest Rates: The convenience comes at a cost. 7 day loans tend to have significantly high interest rates compared with the normal personal loans, even the rates can be 1-2 percent a day.
- Short Repayment Window: The repayment period (set on 7 days) might seem difficult to meet when your anticipated income is delayed meaning you may incur penalty amounts.
- Potential for Debt Cycle: The convenience of borrowing may encourage users to repeat the borrowing process leading to a debt cycle that would be hard to escape.
- Limited Loan Amounts: Although it is enough to overcome minor emergencies, such loans are not enough in case of greater financial demands.
- Data Privacy Concerns: Most of the apps have wide access to contacts, phone data, and financial information, which is a matter of concern.
- Aggressive Recovery Practices: There are websites that use force collection techniques such as calling your phone numbers, which is humiliating and worrying.
Eligibility Criteria for 7-Day Loans
Although the exact eligibility requirements can vary across platforms, most apps in the 7 Days Loan App List in India follow these common criteria:
- Age Requirements: Each applicant should be aged 18-65 but majority of the apps require users aged 21-55.
- Income Proof: There are minimum monthly income standards depending on the salaried person which may be between 10,000-15,000. Self-employed individuals may need to show business income proof. This is especially important for users exploring both credit options and Best Earning Apps Without Investment, as consistent income can strengthen their financial profiles.
- Employment Status: The majority of apps are oriented at salaried ones and self-employed people, but salaried ones are commonly preferred.
- Bank Account: The applicant should have an active bank account under their name that will be required to execute and receive new loans.
- Credit Score: Although it is not a requirement in all situations, good credit score (above 650) can enhance chances of approval and can also translate to friendlier loan terms.
- Smartphone and App Access: End users are expected to be having a smartphone connected to the internet which allows them to download and use the loan app.
- Phone Number: An active mobile number for verification and communication purposes.
Comparison Table
| App Name | Loan Amount | Interest Rate | Processing Time | User Rating |
| SmartCoin | ₹1,000 – ₹70,000 | 1.5-2% per day | 10-30 minutes | 4.2/5 |
| TrueBalance | ₹500 – ₹50,000 | 1-1.8% per day | 15-45 minutes | 4.0/5 |
| MoneyTap | ₹3,000 – ₹5,00,000 | 1.08% per month | 2-4 hours | 4.1/5 |
| mPokket | ₹500 – ₹20,000 | 1.2-2.5% per day | 10-20 minutes | 3.9/5 |
| Navi Loan | ₹5,000 – ₹5,00,000 | 9.9% per annum | 1-3 hours | 4.3/5 |
| Rupeek | ₹5,000 – ₹10,00,000 | 0.99-2.95% per month | 2-6 hours | 4.4/5 |
| CASHe | ₹9,000 – ₹3,00,000 | 1.5-2.5% per month | 30-60 minutes | 4.0/5 |
| EarlySalary (Fibe) | ₹8,000 – ₹5,00,000 | 16-36% per annum | 5-15 minutes | 4.1/5 |
| FlexSalary | ₹4,000 – ₹2,00,000 | 1.1-2.5% per month | 30-90 minutes | 3.8/5 |
| Pocketly | ₹500 – ₹10,000 | 1-2% per day | 15-30 minutes | 3.7/5 |
Top 10 Best 7 Day Loan App In India 2025
1. Olyv
Olyv has become one of the most trusted platforms of short-term lending in India. The app employs powerful AI algorithms to evaluate the credit status in real-time, so a user may obtain a loan in a few minutes after the application. The peculiar feature of Olyv is that it allows taking an adaptive approach to various cads of users as it is equally convenient to either salaried workers or self-employed people. The site has developed a reputation of honest costing and qualified customer care. Customers thank the simplicity of the process of application and the speed of its disbursal.
Financial literacy material is also provided with the app to ensure the user has a well-informed decision when borrowing. The Olyv technology-driven platform implies that, despite the formal banking processes once underway, eligible users will be able to withdraw funds outside of the regular banking hours, and this will make it a suitable solution during emergencies.
It’s no surprise that Olyv is frequently featured in the 7 Days Loan App List in India for its speed, flexibility, and user-friendly experience.
- Loan Amount: ₹1,000 – ₹70,000
- Interest Rate: 1.5-2% per day (varies based on profile)
- Eligibility: 21-55 years, minimum ₹12,000 monthly income, valid PAN and Aadhaar
- Pros: High loan amounts, serves both salaried and self-employed, good customer support
- Cons: Higher interest rates for new users, strict repayment terms
- Download Link: https://www.olyv.co.in/
2. TrueBalance
TrueBalance began its journey as a mobile top-up and bill payment application but has managed to enter into the lending space. The largest opportunity of the platform is the fact that it has an established base of users and the trust which it has gained throughout the years being the provider of utility services. TrueBalance provides flexible payment schemes, and users can decide between 7 to 30 days according to their convenience. Its user interface is simple and straightforward, so even a first-time borrower will not get lost.
The site has also taken strong security measures against the data and financial information of users. TrueBalance is very clear on fee structures where no unnecessary charges are applied, and this has gone a long way in creating loyal customers. The customer care service of this app is reachable and educates consumers on the terms of loans so that they do not get stuck. For its reliability and short-term loan flexibility, it is often featured in the 7 Days Loan App List in India as a go-to option for emergency credit needs.
- Loan Amount: ₹500 to ₹50,000
- Interest Rate: 1-1.8% per day depending on tenure selected
- Eligibility: 18-60 years, minimum ₹10,000 monthly income, active bank account
- Pros: Flexible repayment tenure, trusted brand, transparent pricing
- Cons: Lower maximum loan amount, limited to specific regions
- Download Link: https://www.truebalance.io/
3. MoneyTap
MoneyTap transformed the Indian credit market by introducing a new framework of credit lines beyond traditional term loans. The initiative allows users to save money by withdrawing only the amount they need, avoiding interest on the full sanctioned amount. The platform also offers one of the highest loan limits in the short-term lending space, going up to ₹5 lakh.
The application process is efficient, with approvals typically completed within 2–4 hours. In addition, MoneyTap provides users with detailed spending insights and budgeting tools to help manage their finances more effectively. One of its standout features is the flexible EMI option — users taking short-term loans can convert them into long-term EMIs based on their repayment comfort.
Backed by partnerships with major banks and NBFCs, MoneyTap ensures reliable access to funds. Given these features, it’s often mentioned in the 7 Days Loan App List as a flexible and trustworthy choice for short-term credit solutions.
- Loan Amount: ₹3,000 to ₹5,00,000
- Interest Rate: Starting from 1.08% per month (for credit line usage)
- Eligibility: 21-57 years, minimum ₹20,000 monthly income, salaried employees preferred
- Pros: Credit line facility, very high loan amounts, flexible EMI options
- Cons: Higher income requirements, longer processing for larger amounts
- Download Link: https://freo.money/credit/
4. mPokket
mPokket particularly focuses on the young audience such as college students and recent professionals who not only find it hard to obtain credit but in most cases they have exhausted all their sources. The app has streamlined the whole lending procedure such that it is simple to the individuals who might be first time borrowers. mPokket has a unique collection of processes that including partnering with education institutions thereby enabling the students get loans depending on their academic qualifications instead of the income proof only.
The site also provides financial learning materials targeting young adults to make them realize how to manage credit. The customer care division of the app also handles inquiries of the new borrowers with much patience, and the app also offers favorable interest rates on loans given to the student population since they have a weaker earning capacity. The platform has integrated elements that allow its users to monitor their spending and repayment.
Thanks to its student-focused lending model and ease of use, mPokket is often featured in the 7 Days Loan App List in India for providing accessible and quick credit to underserved young borrowers.
- Loan Amount: ₹500 to ₹20,000
- Interest Rate: 1.2-2.5% per day (students get preferential rates)
- Eligibility: 18-29 years, students or young professionals, minimum ₹8,000 income
- Pros: Student-friendly, quick approval for young users, educational resources
- Cons: Limited to younger age group, smaller loan amounts
- Download Link: https://www.mpokket.in/
5. Navi Loan App
Navi Personal Loan, endorsed with a professional team of fintech, has become a popular loan service because of its entirely digital mechanism of lending. There is no need to have any physical document which makes the whole process paperless and smooth. The technology platform developed by Navi relies on multiple data points to determine creditworthiness and is likely to offer loans to the same user where other lenders could reject him or her.
The app provides one of the most competitive lending interest rates in the short term lending market with the highest interest rates being 9.9 percent per annum. Navi customer-first model involves clear communication on all the charges and fees. The platform has spent lavishly in security infrastructure to provide protection to the user data. The users like the clean interface of the app and possibility to follow their loan status in real-time during the application process.
Because of its speed, transparency, and tech-driven approval process, Navi is often included in the 7 Days Loan App List in India as a trusted and efficient borrowing option.
- Loan Amount: ₹5,000 to ₹5,00,000
- Interest Rate: Starting from 9.9% per annum (highly competitive)
- Eligibility: 21-65 years, minimum ₹15,000 monthly income, good credit profile preferred
- Pros: Completely digital process, competitive interest rates, high loan amounts
- Cons: Stricter credit requirements, may take longer for approval
- Download Link: https://navi.com/
6. Rupeek
Rupeek brings something new to the table in the short-term loans business by offering gold-collateralised loans on an entirely digitalised platform. Users can take loans against their gold jewellery without visiting any branches, as Rupeek offers door-to-door gold collection and verification services. This secured lending model allows Rupeek to offer significantly lower interest rates compared to unsecured personal loans.
It uses certified procedures for gold pricing and offers a competitive loan-to-value ratio. One of Rupeek’s key strengths is its flexibility, enabling users to repay and retrieve their gold at any time without penalties or breakage clauses. The app provides real-time updates on gold prices and loan status.
As a result of its innovative, secure, and user-friendly approach, Rupeek is frequently included in the 7 Days Loan App List in India for offering one of the most economical and convenient ways to access immediate cash backed by the safety of gold assets.
- Loan Amount: Up to 75% of gold value (typically ₹5,000 to ₹10,00,000)
- Interest Rate: 0.99% to 2.95% per month (lower due to gold security)
- Eligibility: 18+ years, ownership of gold jewelry, valid KYC documents
- Pros: Very low interest rates, high loan amounts, doorstep service
- Cons: Requires gold as collateral, limited to gold owners
- Download Link: https://rupeek.com/?city=Lucknow
7. CASHe
CASHe has established itself as a high-end borrowing portal for salaried employees who have a steady income. The app employs complex algorithms to audit expenses and cash flow, social media profiles, and financial activity to develop detailed credit portraits. This method usually leads to improved loan terms for users who exhibit good financial behaviour. CASHe also provides flexibility in repayment, offering terms ranging from 7 days to 6 months, allowing users to choose options that best fit their monetary situation.
The portal is well established with employers and tends to offer favorable rates to employees of partnered companies. The mobile app of CASHe contains a fiscal control apparatus and spending insights that enable users to make better economic decisions. The platform’s customer service is recognized as professional and helpful, and it offers dedicated relationship managers for high-value customers.
For its tailored offerings and short-term repayment flexibility, CASHe is often featured in the 7 Days Loan App List in India.
- Loan Amount: ₹9,000 to ₹3,00,000
- Interest Rate: 1.5-2.5% per month (varies based on profile and tenure)
- Eligibility: 23-58 years, minimum ₹20,000 monthly income, salaried professionals preferred
- Pros: High loan amounts, flexible tenure options, premium service quality
- Cons: Higher income requirements, limited to salaried professionals
- Download Link: https://www.cashe.co.in/
8. EarlySalary (Fibe)
As Fibe, EarlySalary is the one that has been leading the way in salary advance loan business in India. The company focuses on offering loans to employees working on a salary/pay and in need of some money without having to wait until they receive their next salary payment. EarlySalary can be integrated with the HR systems of many companies with a result such that verification and approvals are much faster. Pre-approved customers receive their loans instantly and within a few minutes. EarlySalary has established this reputation of transparency of price and professionalism of collection.
The site includes comprehensive loan management services such as EMIs calculators or reminder of payments. People like the app because it is directly associated with financial health, and users find tips and tools on how to manage their finances better. EarlySalary has good technology backbone which is scalable and able to meet the high transaction volumes keeping the quality of service consistent.
Because of its reliability and fast processing, EarlySalary is frequently featured in the 7 Days Loan App List in India as a trusted source for short-term salary advances.
- Loan Amount: ₹8,000 to ₹5,00,000
- Interest Rate: 16-36% per annum (depending on profile and tenure)
- Eligibility: 21-55 years, minimum ₹15,000 monthly income, 3+ months employment
- Pros: Instant approval for eligible users, high loan amounts, employer partnerships
- Cons: Limited to salaried employees, higher rates for longer tenure
- Download Link: https://www.fibe.in/
9. FlexSalary
FlexSalary is a revolving credit line specializing in salaried workers; a worker can get a cash advance by drawing down the line and can pay back flexibly. The largest merit of the platform is that it can be integrated with any of the payroll systems to allow an automatic repayment of salaries. FlexSalary also includes very detailed analytics in order to know how each user spends and offers each credit limit accordingly. The application provides competitive prices and clearly laid-out fee systems where there is no disguised fee.
Users like the option of not having to pay the entire assigned limit but only the amount that they have utilized. The customer care unit of FlexSalary offers financial advice to members in order to assist them in taking control of their credit. To enhance the security of the platform, the site has taken effective security methods to guard the financial and personal information of users.
Due to these features and its reliability, FlexSalary is often mentioned in the 7 Days Loan App List in India as a preferred option for quick, flexible borrowing.
- Loan Amount: ₹4,000 to ₹2,00,000
- Interest Rate: 1.1-2.5% per month (only on amount used)
- Eligibility: 21-60 years, minimum ₹18,000 monthly income, 6+ months employment
- Pros: Revolving credit facility, competitive rates, payroll integration
- Cons: Limited to salaried employees, requires employment stability
- Download Link: https://www.flexsalary.com/
10. Pocketly
Pocketly is exclusively positioned at college students and young professionals on the entry stage of their career. The app is aware that conventional credit scoring techniques might not perform effectively with this category of people and it provides other sources of credit rating. Pocketly is a small loan that is rightly fit to the needs of students such as fees, books, or other emergency needs. The platform offers financial education solutions that are specific to young adults and would enable them to establish good credit habits at an early age.
The process of approving a student by Pocketly is also quick, and decisions can take 15–30 minutes. The application also has such functions as expenditure monitoring and budget features, adapted to the student life. The platform also adds flexibility in payments, as the income of the student can have irregularities. Thanks to its accessibility and student-friendly features, Pocketly is often featured in the 7 Days Loan App List in India as a go-to choice for quick and reliable financial support for young borrowers.
- Loan Amount: ₹500 to ₹10,000
- Interest Rate: 1-2% per day (preferential rates for students)
- Eligibility: 18-25 years, students or entry-level professionals, minimum ₹5,000 income
- Pros: Student-focused, quick approval, financial education resources
- Cons: Very limited loan amounts, restricted age group
- Download Link: https://pocketly.in/
How to Apply for a 7 Day Loan Online
The mobile applications should make it easy to apply to borrow a loan of 7 days. Here’s a step-by-step guide:
- Step 1: Download and Install the App: Select a trustworthy loan application among those mentioned above and install it either at Google Play Store or iOS App Store. Make sure you are downloading an official application as shown in developer names and user reviews.
- Step 2: Registration and Account Setup: Download the application in your phone and generate an account with your cell phone number. You’ll receive an OTP for verification. Fill your mere profile with name, email, etc.
- Step 3: KYC Verification: Share well-lit images of your government-document ID (Aadhaar, PAN, Driving License) and finalize the KYC procedure. Some apps may require a selfie for face verification.
- Step 4: Income and Employment Details: Give details of your status regarding employment, income in a month and the employer. The salaried employees may require posting salary slips, whereas self-employed people may require bank statements.
- Step 5: Bank Account Linking: Connect your bank account with which you wish to get the loan amount credited. Android app will confirm the ownership of the account in some small test transactions or through the view of it on a bank statement.
- Step 6: Loan Application: Select your desired loan amount and tenure. The app will tell you about interest rate, processing fees, and the amount you pay in total. Review all terms carefully before proceeding.
- Step 7: Credit Assessment: The app will analyze your profile using its algorithms. This is automated and the process has several minutes. Other apps might investigate your phone information (with all due permission) to have an extra confirmation.
- Step 8: Approval and Disbursal: After the request has been accepted, the loan amount will be deposited to your attached bank account. This occurs most of the time in a couple of hours but there is also the availability of instant transfers by some apps.
- Step 9: Repayment Setup: Automatic repayment should be installed either with NACH or UPI to make the payment in time. Most apps send reminders before the due date.
Charges to Watch Out For
Although apps of the 7 day loan are convenient, it is important to know all the expenses that result:
- Interest Charges: The primary cost, usually calculated on a daily basis. The rate charges can be between 1 and 3 percentages per day, which makes the annual rates very high.
- Processing Fees: Most of the apps include a one-time processing fee, which is between 2-5 percent of the loan amount. This is deducted from the loan amount you receive.
- Convenience Fees: Certain platforms impose some sort of convenience fees on using their services that is normally between 99 and 499.
- Late Payment Penalties: Missing the payment date may lead to huge penalties which are usually 2-3 percent of the amount not paid daily.
- Prepayment Charges: The prepayment is usually free in some apps, whereas a fee can be charged to repay early in the remaining apps, approximately 2-4 percent of the outstanding amount.
- GST: GST is included in all fees and charges and this enhances the total cost.
- Collection Charges: To recover a defaulted amount, some of the apps are involved in recovery collection charges.
- Bounce Charges: In an event that your repayment is unsuccessful because of inadequate funds, Apps normally impose a charge of 300-500.
Important Tips Before Taking a 7-Day Loan
- Assess Your Genuine Need: Only borrow for genuine emergencies. Do not use these loans on lifestyle needs or as money to buy what is not essential.
- Calculate Total Cost: Never forget to estimate how much you will be supposed to repay with all the fees charged. The convenience can be expensive.
- Ensure Repayment Capacity: Be absolutely certain you can repay within 7 days. Consider potential delays in your expected income.
- Read Terms Carefully: Don’t skip the fine print. Understand all charges, penalties, collection practices before agreeing.
- Compare Multiple Apps: Interest rates and fees vary significantly. Compare at least 3-4 apps before making a decision.
- Check App Credibility: It is worth checking that the app is one that is legitimate and those that adhere to the guideline of RBI. Check user reviews and ratings.
- Protect Personal Data: Be cautious about the permissions you grant. Avoid such apps that request too many permissions to your phone information.
- Maintain Credit Discipline: Take care of these loans so that you can create good credit history on the platform to use when you will need them.
- Keep Records: Keep the copies of loan contracts, payment verifications, and messaging with the app.
- Have a Backup Plan: You should always have a backup source of repayment in a situation whereby the main source of payment is delayed.
Conclusions
In emergency needs, 7 day loan apps can come in useful when other ways of fast and convenient access to finances are not fast or can not be used somehow. They can be considered as a last option, though, due to their expenses. These loans are only ideal in a true emergency, when there are other more affordable methods of loan, and when you are dead sure that you can settle on a specific time, or when the matter at hand is really an emergency to justify the cost. Banking on good financial planning, creating an emergency fund, and keeping a good relationship with banks is better practice in the long run as such applications are money-making machines that ought to compliment and not overshadow good financial management.
FAQs
Are 7 day loan applications safe and legal in India?
Yes, the majority of the trusted 7 day loan applications are legal and controlled by the Reserve Bank of India (RBI). Nevertheless, you ought to hire only those apps that are registered by RBI as NBFCs or entered into partnership with registered financial entities. Check credentials of the app before applying and use unregistered or unreliable websites.
What will occur when I am not able to pay my 7-day loan?
Late payment: In case of nonpayment by the due date, you are likely to be charged with late payment penalties that will amount to 2-3 per cent of unpaid amount per day. The app can also send the default to the credit bureaus and it will reflect in your credit score. Certain platforms will include grace time or extension plans against payment. When you expect that you would have problems with repayment it is essential that you contact the lender at once.
Will it be possible to obtain a loan of 7 days with low CIBIL score?
Most of the 7 day loan apps have different credit scores and can give loans even at low CIBIL. But you may be charged with higher interest rates or reduced amounts of loans. There are some applications that are specific to people with little or no credit history, thus, are more available to them than local banks.
How many 7 day loans apps can I combine?
It is not advised, though technically possible, to use several loan apps at a time. It may cause a situation of excessive debts, several EMIs and may even spoil your credit card record. Financial analysts advise that one should work on one platform at a time and ensure that he or she is in the good terms with that lender.
Is there a minimum income requirement for 7-day loans?
The monthly income requirement by most apps is 8-20,000rupees per month, according to platforms. The lower-income web-based apps such as mPokket and Pocketly are student-centric apps and the high-income apps are premium apps like CASHe and MoneyTap. Indeed, self-employed people will supposedly have to present more income documentation than salaried workers.
