Need a loan bad credit? -Get a loan with bad credit with us

Apply for credit from Credit-Simple – easy. The ways to your desired balance are very short, you just have to do the following: First choose your specific type of loan and make a loan application. If you have questions about the credit world, you can always contact us. Use the credit comparison and if you decide on a loan, simply ask for an offer through one of our partner sites.

Get a loan with bad credit with us

With bad credit loan you get an instant loan tailored to your personal situation, as you set the duration and the sum of the monthly installments yourself. Your advantage: You have a favorable interest over the entire duration. Due to the low minimum loan amount of USD 1,000, you can also use the personal loan from “Credit-Finance” as a micro-loan.

The loan application is completely free of charge and completely non-binding, so you do not have to worry about any upfront costs. A negative listing of the credit bureau also means no barrier on the way to a cost-effective and easy loan financing. Because with the Swiss loan also people with a not so pure credit bureau file have the possibility of a fair payment.

We face many loans for you. Our guide gives you tips and explanations about the loan with bad credit.

Expenses conditions

Conditions and Expenses: Example “Credit Simple: Further Details: Our Tip: – Replace costly overdrafts with cheap microcredit. The ways to your desired credit are very short, you only need to pay attention to the following points: First, you have to select your specific type of credit and submit a loan application. Within a few days, you will receive an individual loan offer from “Credit-Finance”.

After a final check, you will receive the loan amount on the account you have specified. With “easy credit” you have a reliable contact person at your side. For her. If you keep your individual offer within your own four walls, you do not have to decide right away, but can take your time. You compare on clear pages and find his credit quickly.

The detailed pages of the lenders contain the detailed loan terms that will show you the best current loan. Calculate credit memo costs for individual quantities and conditions free of charge and quickly. 

For many loan applications, you will already receive a confirmation on the Internet. Applying for a loan is free and non-binding. You can cancel the contract within 14 days. With us you will find almost 30 credits on the best terms.

When can the borrower terminate the loan agreement?

Termination of the contract is one way to terminate it. It is strictly regulated by law and can only follow established rules. It can also be used in the case of a loan agreement. Therefore, it is worth knowing who – the lender or borrower – can terminate the contract and in which cases he has the right to do so. The denunciation will entail certain legal consequences and obligations imposed on the parties.

What is termination of a loan agreement?

money cash

The termination of the contract is the notification of one of the parties that it has considered the contract to be terminated for some time, despite the fact that the provisions of the contract indicated a longer duration or it was concluded for an indefinite period. It should be noted that the termination of the contract does not reverse its legal effects and does not consider the contract to be non-existent. This is the normal termination of the contract, which does not release the parties from their obligations – they must complete them within the period of notice.

Can the borrower terminate the loan agreement?

Can the borrower terminate the loan agreement?

Both the borrower and the lender have the right to terminate the loan agreement, unless the agreement provides otherwise. It is difficult to say what reasons for termination should guide the borrower, because in no case does this step release him from the obligation to repay the loan. It also makes little sense if the borrower repays the payday payday, which must normally be returned within 30 days – the same is the period of notice. Nevertheless, this right can be exercised, although in practice it does not occur, because it does not bring real benefits to the borrower – such that even an early repayment could bring.

When can the lender terminate the contract?

money cash

The lender has two options – he can terminate the contract with a notice period of 60 days or with immediate effect. Let’s take a closer look at the provisions of contracts in specific companies.

As you can see, the reasons for termination are given only in the event of termination with immediate effect. No reasons are given which may result in termination of the contract with a two-month notice period. However, the Act on Competition and Consumer Protection of 2016 (as amended) indicates that termination without a specific reason is unlawful. It must therefore be assumed that it cannot be based solely on the unilateral desire of the lender, and the termination must have a condition. Most often, the reason for termination is simply arrears or late payments. It is worth noting that the lender has no right to unilateral termination if the borrower has not been in arrears with payments. So you can see that Vivus does not break the rules and does not reserve the right to terminate without giving a reason.

Instant online payday loans -Learn more about instant payday loan companies now

The credit or loan is generally divided into two broad categories: consumer credit and mortgage credit. The first category is the one that will interest us. This type of credit is less cumbersome and requires a less thorough study than that conducted for home loans. In this sense, the answer given for the demand for consumer credit is much faster. These credits are intended only for individuals. They make it possible to finance a cash flow requirement intended for the purchase of a good or consumer service. It will be for example a car or a good appliance.

Learn more about instant payday loan companies now

Traditionally, loans (for consumption and real estate) were granted by physical banks, which had moved up the street. In recent years, with the development of the Internet, lending organizations specializing in consumer credit have largely developed to compete in a very important way these banks. At the same time, household computer and internet access equipment have become more widespread and the sector is reaching maturity with nearly 90% of households equipped.
Thus, thanks to the Internet, consumers will be able to view Payday Now and apply for an instant payday loan very quickly, at any time of the day and week. This is a time saving for some people who can not visit the banks during their business hours, for example, because of their job. With the emergence of these websites, their research is facilitated. In just a few clicks, the consumer can learn about the various practices that have been made, about the current cost of loans and about his commitment if he decides to take out a loan.

Internet sites have specialized in the comparison of consumer credit.

To save even more time, the consumer can go directly to one of these sites. He will only have to indicate once his need for financing and his will as regards the monthly repayments (amount, duration). Following its seizure, the comparator will propose to him a selection of sites proposing offers of credits him corresponding. The characteristics of the different offers will be repeated to allow the individual to make his choice and to go to the specialized site.

On these sites, whether the consumer goes through a comparator or not, he will get a response in principle very quickly. This response is provided by the site once the full credit application. For this, the consumer must first specify his request. It will indicate the origin of its need for cash (auto, works, etc.), the number of funds desired and the repayment period (or the amount of the monthly payments). Once this information is specified, he will get an offer from the lending institution. At this stage, the consumer is not committed to this organization. If this offer suits him, he will have to fill in a fairly complete form. He will be asked for his personal situation (the composition of his home), his professional situation (employment, fixed-term contract, permanent contract, etc.) and his financial situation (income, expenses, other credits already in progress, etc.). This form is tedious but still very fast since all of this data is normally already known to the credit applicant.

Answer of principle

When this information is complete, the website will provide what is called a principled answer. This answer is thus delivered to the applicant, at the end of his seizure, it is an immediate answer. This will be either negative, positive or “pending”. These last two answers are said to be in principle because they are subordinated to the sending of all the supporting documents allowing to prove the situation of the applicant as it was described during the filling of the form. These documents are composed of the identity document of the applicant, his employment contract, the last payslips and possibly his last statements of account.

Once the file is complete, it must be sent to the credit agency. To save time, sending can be done numerically. If this is not possible, the file will be sent by post (thus adding a few days to the processing of the request). On receipt of the latter, within a time-varying from 24 h to 36 h, all parts will be checked and must correspond to what has been indicated by the applicant. If everything is in conformity the positive principle answer will turn into a definitive answer. Thus, the credit institution will make its final proposal to the applicant.

If the documents sent do not correspond to the applicant’s entry which had allowed a positive policy response to the initial request, a refusal from the specialized body will be opposed.

It should be noted that at this stage the applicant is not engaged vis-à-vis the credit institution. Indeed, only the acceptance of the final proposal commits the borrower. Until then, no contract has been signed between the two parties. The applicant is, therefore, free to make different requests to different institutions. Thus, it will be able to compare the final offers which are much more detailed and complete than the proposals brought by their Internet site during their initial seizure.

The offer of the organization

Once the proposals are made, the applicant is free to accept them or not. However, he must respect a certain delay. Indeed, like the quotes in other sectors of consumption, this proposal is only valid for a certain time. Thus, credit institutions undertake to maintain this proposal for a minimum of 15 calendar days. After this period, they are free to no longer maintain it and for example to increase the interest rate that was originally proposed.

It is therefore recommended that the consumer credit applicant make a decision on the proposal before the expiry of this period. If he accepts the proposal made by the specialized body, he can retract for 14 days. This withdrawal period is a period set by law, allowing the borrower a period of reflection and allowing him to withdraw in the event of a change of mind. This period may nevertheless be canceled. However, this must be done very explicitly and at the request of the borrower. This request must be in writing and the individual must be reminded of his / her commitment to the loan organization.

Indeed, this type of credit is generally taken lightly by consumers who do not necessarily think to be engaged or even are not aware of the impact that could be the failure to repay the monthly repayments. It should be remembered that all types of credit commit the borrower to repay it. The loss of a job, the change in the composition of the home (birth, marriage, divorce, etc.) does not suspend the refund. During the eventual death of the borrower the debt is not canceled and it will be passed on to the heirs.


It is very advisable to take out insurance to deal with this type of situation. These insurances are optional in the context of consumer credits but mandatory in the case of real estate loans. These insurances will make it possible to take care of the remaining monthly payments if one of the situations envisaged in the contract occurs. It could be the loss of a job, the illness or the death of the borrower.

Withdrawal period

When the withdrawal period is foreclosed or canceled, the funds will be transferred to the borrower’s bank account. Depending on the credit institution, the delay can be between 24 hours and 72 hours. The funds can then be used by the borrower as agreed at the time of the subscription. The funds can be sent directly to the seller of the consumer good at the origin of the financing need. This is, for example, the auto-assigned loan. In this context, the delivery of funds is directly suspended upon delivery of the vehicle. Thus, funds do not transit through the buyer’s bank account but are passed directly to the seller of the property. The buyer will then have to reimburse the credit institution that financed the purchase.



The repayment of consumption credits is made according to the monthly payments provided at the conclusion of the loan agreement. These monthly payments are fixed by their amount, frequency and duration over time. The repayment can begin as soon as the funds are delivered or after a few months in order to give the borrower time to dispose of them. He will have to respect the repayment schedule. Under certain conditions, again provided for in the contract, he can anticipate some or all of his monthly payments. Fees may be incurred during this process. They must nevertheless be made known to the borrower before the subscription of the contract.

The speed of consumer credit then has several aspects

At first, the Internet has allowed for speed in research and online loan applications. Lending organizations have developed websites that provide immediate answers. Finally, the management of applications is also very fast by these institutions, allowing delivery of funds in a few days. These sites have been able to adapt to a new demand where the urgency is sometimes greater than the support and advice that should be given in these situations. top

The loan is not necessarily a bad solution. When you know how to do it, it can help you

Borrowing them bad. A man is in debt, losing his job, not being on hire, and falling into a debt carousel. He starts knocking out the wedge with a wedge until the executor rings at the door one day.

Yes, even such a scenario can happen to the borrower, but there are also a number of those who have a better loan thanks to the loan and the repayment has not been the least problem. How to prevent the first scenario and experience the other one?

Indebtedness is a science, but not always the loan must be the wrong solution if you know how to get it, then it can help you.

1. The loan must make sense

1. The loan must make sense

If you do not want to get into debt problems, then, first of all, forget about debt because of uselessness. The loan must always be purposeful, it must make sense.

  • Do you live in rent and would you prefer to repay the bank loan before paying high rent to a stranger? Apply for a mortgage.
  • Do you need a car to work, but you do not have it? Get a rental car.
  • Did your boiler break and you don’t have to fix it? Ask for a consumer loan.

2. Take advantage of all credit products

2. Take advantage of all credit products

Choosing the right loan is not easy at all, the online comparator can help. But whether you compare loans on paper or on the internet, always consider all credit products. You never know which one will be best for you.

  • Not only a mortgage but also a building savings loan can be useful for the reconstruction of a house.
  • To start a business, you do not have to go to a bank for a suitable loan, maybe a peer-to-peer loan from people may cost you more.
  • Although it is possible to finance new appliances with a non-bank loan, they can also be purchased in a shop within hire-purchase sales.

3. Pay according to the rules

If you take out a credit card, then always repay the money in the interest-free period. If you are attracted by one of the non-bank companies for the first free loan, pay it at the agreed time. This is the only way to get the most out of your credit product and make your loan effective.

Do you know in advance that you will not be able to repay according to favorable rules? Forget these loans right away and look for others that will offer you better repayment terms.

4. Pay attention to the loan during repayment

4. Pay attention to the loan during repayment

That is not the end of the loan being approved. It is also necessary to be interested in repayment. You may find that a bank offers lower interest, or that you fail to repay the loan. In such cases, you can use:

  • refinancing
  • consolidation.

5. Follow the principles of safe debt

5. Follow the principles of safe debt

If you want to avoid the bailiff scenario behind the door, then always be in a responsible and basic manner.

  • Don’t borrow for uselessness
  • Do not overflow your life
  • Keep a financial reserve
  • Compare bids
  • Read the contracts
  • Don’t act hastily

Ontario payday loans online -Get payment direct payday loan

You are looking for a loan, but you have no idea how much money you can borrow. It is useful to know which factors account for your loan amount. When asked how much money you can borrow you can not find a ready answer. Everyone is unique and is therefore in a different situation with different wishes and needs. Although there is not one concrete answer to give, you can get a better picture of the possibilities in your situation. You can find information about the factors that play a role here and what you need to look out for when you take out a loan.

Get payment direct payday loan

Everybody lends money sometimes, so taking out a loan is not uncommon, in fact, more than half of some purchases are financed through loans. Well-known examples are buying a house and a car. The majority also lends money to finance a new bathroom or kitchen. A means of payment such as a credit card is also a form of borrowing that many people use. The amounts we borrow are quite varied. Borrowing ten euros from a friend, an advance on your income to repair the broken dishwasher to borrow tons when entering into a mortgage loan. But what is the upper limit of a particular loan you wonder? With some lenders, you have to fill in a comprehensive and complicated list of questions before you know how much you can borrow. This is not easy and also takes a lot of time. Logical that you are not waiting for that, especially when you are only busy with orientation. It is possible, based on practical examples, to get a picture of what you can borrow as much as possible. It is often very practical and helpful to know that with your income you should rather think of a loan of up to 700 euros instead of a loan of 5000 euros. How much you can borrow depends on a number of things. The supply of loans is large and there are many suppliers on the market. There are therefore many differences between the various offerings for payment direct payday loan, each with their conditions and you may review them. You can count on the fact that your (fixed) income is the most decisive factor for the amount of the amount that you can borrow.

Net income and family situation

Net income is the most important factor for lenders to calculate how much you can borrow. You can borrow more if you have a high income and have few costs. Are you the only breadwinner? Then you can usually borrow less than when there are two incomes. Costs are always deducted from the monthly income. Costs that take a big bite out of your budget are things like gas, water, electricity, and rent. Open loans also cost money and these costs are included in the calculation for your loan. Does your family consist of several children with one breadwinner? This may have more influence on a loan than a family that consists of two-income households without children. Much depends on your net income and your capacity. For people with a low income, for example, other forms of lending exist for which they are eligible.

Monthly payment

Your repayment capacity is also important for the calculation of your loan. This is how much you want and can repay monthly, this affects the term of the loan. A general rule is that your monthly repayment cannot exceed one-third of your income. One lender is stricter with the conditions for monthly repayment than the other. You can assume that your credit history is a factor that plays a role and is tracked. If you have paid off previous loans without problems, you will generally not experience any problems when taking out a loan. If this is not the case and there is default in the past or outstanding debts, this can have a strong influence on the application for a loan.

Purpose of the loan

People have different goals to take out a loan. A car loan is usually used to finance a new car. Obviously, there are different rules and conditions for a car loan than for a mortgage or personal loan. The purpose of the loan therefore also partly determines the amount that you can borrow. With a specific goal, such as the purchase of a car, you borrow the amount needed for the purchase of the car. When buying a house you will have to deal with a mortgage loan. With this form of lending, the house is collateral which ensures that the interest rate falls because the risk for the lender decreases. In the event of default, the lender may then seize the property.

Calculate your loan

Do you have a temporary money requirement or is it time for a new kitchen? Whatever need you have, help in the form of a loan is often necessary. Of course, you prefer a cheap loan that also fits your personal situation. When you take out a loan you will be faced with monthly repayments. Responsible borrowing is done by ensuring that the monthly repayments fit within your budget. If you do not do this, you run the risk of getting into financial problems. Responsible borrowing also means that the loan offers a solution and is not the cause of problems. How can you best prevent this and make an estimate in advance? The answer to this question is simple. You simply use our loan simulator, this is completely free and without costs. This way you get an overview and an indication of the amount that you can borrow and what that means for your monthly expenses. With this calculation module, it is also easier to find a suitable loan. In addition, it reduces the chance that you will face unpleasant surprises in the long term. Moreover, this simulator can give you the decisive factor that you needed to enter into a specific loan.

The First Loan of 3000 PLN for Free

Through Akiracash, as part of the first loan, we will be able to borrow up to PLN 3000 for free, and up to PLN 8,000 for subsequent loans.

Today’s guest is a company specializing in providing payday services. Akiracash is a completely new brand on the market of this type of loans, which has the chance to attract the attention of potential customers interested in obtaining additional cash. Already under the first loan, we can get a loan of up to PLN 3000 through Akiracash.

The first loan is 3000 PLN for free.

The first loan is 3000 PLN for free.

This is undoubtedly one of Akiracash’s main points. The first loan in the company is completely free, provided we meet the two most important points of the regulations. First, as with most of such promotions, we must be a new customer of a company that has never used the company’s services before. In addition, in order for this first loan to be fully free, we have to pay back the entire amount borrowed on time and we will have no more than 30 days for it.

Up to PLN 8,000 on subsequent loans.

Up to PLN 8,000 on subsequent loans.

Equally interesting what the offer for new customers presents is also an offer that is addressed to people who will be interested in reaching for more loans in Akiracash. If we develop a permanent customer status in our company, we can obtain a loan of up to PLN 8,000 via the company. This is undoubtedly the highest meeting limit I have met so far.

Who will get a loan through Akiracash?

Who will get a loan through Akiracash?

A person with 20 years of age, having a bank account, a valid ID card and a mobile phone number may apply for the loan. As one of the few companies, Akiracash allows you to postpone the loan repayment date by 7, 14 or 30 days at an additional cost. The loan repayment date can only be extended once.

As I mentioned earlier, the Akiracash company is a new and little-known company on the popular payday market. However, it is not difficult to notice that their offer stands out significantly from the crowd. The company responsible for activities under the name of Akiracash is with its registered office in Warsaw at ul. Postępu 18B, 02-676 Warsaw. From the company’s registration documents, we can also learn that Fincapital Sp. z o. o. is an intermediary between the client and the loan company. This means that the company is not a direct lender, but only an intermediary who will help us obtain a specific loan amount. At no additional charge from the person interested in receiving the loan.

Refinance of a Cash Loan Finances Cheap Credit

Credit is becoming more and more popular

Research shows that in our country a lot of people take cash loans. This parameter is actually increasing year by year. It should be emphasized that such financial products can be used to finance many aspects. Some people take cash loans because they want to have money for holidays, organize family celebrations or buy a new car, etc. There are really many possibilities. What should you do when you took out a cash loan under time pressure and did not carefully consider the financial conditions, so you have to pay unattractive – from your point of view – installments of each subsequent month?

Refinance of a cash loan

Refinance of a cash loan

Fortunately, there is a way out of this situation. It is refinancing a cash loan. It should be emphasized that a lot of people are choosing such a solution. However, this can not be surprising. It must be emphasized that it is nothing else but the transfer of the current commitment to another institution. It often happens that people quickly need cash. Therefore, they decide on the first of the offer that will fall into their eye. It is not uncommon for them to be attractive in financial terms. It should be emphasized that many people are aware of this aspect only when they have to pay the installment… Does it sound not quite serious? Unfortunately, this is a frequently occurring situation. However, nothing prevents you from refinancing a cash loan. It is worth noting that there is no shortage of foreign or domestic banks that offer this option. Thanks to that you can definitely pay less money on this account. Often financial conditions are much better, which, of course, translates into the state of the portfolio.

What to do to refinance a cash loan is a good choice

What to do to refinance a cash loan is a good choice

This time you have to spend a moment of your free time to compare the available offers. There are many different types of rankings on the Internet. A comparison of banking institutions operating in this category will definitely help you choose the best possible refinancing of a cash loan. It is very important to pay attention to a parameter such as rrso. This is the actual annual interest rate that best shows all the costs associated with a specific financial product. No wonder that there is no shortage of people who are guided by these tips. This is a great way to get a profitable refinancing of a cash loan, pay lower installments and simply enjoy everyday life more. It can not be concealed that high commitments often sleep with their eyelids… However, there is an effective way out of this situation.

Offer Payday Loans and Installment Loans

What is more often the new loan brands have to offer both payday loans and installment loans with a monthly repayment.

The offer Kwatro Loans Loans was briefly presented by me. This took place during the presentation of new payday available in the new year 2016 . The brand’s offer, however, is not only small loans with a short repayment period, but also long-term loans with a monthly installment.

In recent months, it can be observed as more and more companies that have so far been famous for providing payday loans, are expanding their activities to include installment loans. This has happened recently with Zengga, who in addition to payday loans also has installment loans, the same was with MetLoan and an additional brand Cryptocredit or several other companies in the loan industry.

Quarterly A loan is currently also operating on two fronts. So you will meet in their offer, both payday loans, which can be granted with a short repayment period, eg 30 or 60 days, but also a loan with a monthly installment. The repayment period of the latter can be from 2 to a maximum of 12 months. The range of loan amounts available via Kwatro Loans Loans is very wide, because in the case of small amounts we can expect a loan from 100 PLN. In the case of larger amounts, it can be up to PLN 25,000.

How does Kwatro Loans Loan work?

How does Kwatro Loans Loan work?

As you can guess, we’ll get all the paperwork online. The first step, of course, is to apply for a loan using a specially prepared application. The next step will belong to the employees of the company who will verify our data and decide on granting the loan. If the decision is positive, we will get the full amount of the loan straight to your bank account, even within an hour of submitting the application.

The basic condition for obtaining a loan is, of course, 18 years of age and possession of an ID card. It will also not be without a personal account and a mobile phone.

Small Credit: Why Small Credits Are Better Than Debt Credits

In many cases, consumers only need a smaller amount to settle outstanding bills or make an acquisition. Often an urgent car repair comes just when there are no reserves. Anyone who resorts to his discretionary credit in such a case must pay high interest rates for this. Significantly cheaper is the inclusion of a small loan. If the checking account is already overdrawn, this can be compensated with a small loan and high costs can be saved. There is no exact definition for a microcredit. In general, this means loans with an amount between 500 and 5,000 euros. If you need a lower loan, you should take a look at the subject of mini credit.

Advantages of small loans:

  • Provide short-term capital for smaller purchases and financial bottlenecks.
  • Ideal for replacing expensive discretionary loans
  • Small loans over the Internet allow a quick and easy processing of the request as well as a quick payment of the loan amount.
  • Due to the small amount, a small loan in a few installments can be traced back.
  • About an online comparison can be found in a few moments the cheapest offer

Requirements for a small loan

Requirements for a small loan

Even if a small loan involves relatively small sums, some credit requirements must also be fulfilled for this purpose. The guidelines for a lending are the same for most banks, about individual deviations inform a credit comparison or the websites of the credit institutions. As with any loan, the borrower must be at least 18 years old and have a residence in Germany. In addition, most banks require a German checking account.

Other requirements include a regular income and, if possible, a permanent employment contract. Anyone who has a fixed-term employment contract can still receive a small loan if it is valid beyond the repayment term. The income level must be proven when applying for the small loan. Employees simply add the last payroll statements. For self-employed and freelancers, the requirements are slightly higher. Depending on the size of the loan, the latest tax returns as well as profit and loss statements or a business analysis (BWA) are required.

Here are the requirements at a glance:

  • the borrower must be at least 18 years old
  • his residence must be Germany
  • a German checking account is usually required
  • a regular income must be demonstrable
  • a permanent employment contract helps

Even with small loans, the Private credit is queried

Before granting a small loan, the financial institutions carry out a credit check. This includes income as well as a query of the Private credit data. By means of such a query banks try to keep the default risk as low as possible. Among other things, banks are finding out whether the applicant is repaying further loans. In addition, the Private credit file shows how reliable payment behavior is in the past. Negative entries almost always lead to a rejection of the request. It is also conceivable that the small loan is only granted at a higher interest rate.

Small loans without Private credit

If the bank rejects the loan application due to a negative Private credit, there is still the chance of a Private credit-free microcredit. These are offered by various credit intermediaries directly via the Internet. Possible are small loans up to an amount of 3,500 euros. Since the loan is realized via a foreign bank, no query is required from Private credit. All that is required is a sufficiently high income. Such a loan could be, for example, the Swiss loan.

Before deciding on a small loan without Private credit, a few things should be considered. For example, there are some rogue vendors among the intermediaries who charge a down payment for fees and commissions. It also means hands off, if the granting of the credit is made dependent on the conclusion of an insurance. It should also be noted that the higher risk associated with Private credit-free loans requires a higher interest rate.

Small loans are flexible

A big advantage of small loans is the free choice of purpose. Whether the loan amount is used for the next vacation, a used car, a TV or to reschedule existing liabilities is completely irrelevant. This gives the borrower full flexibility and a financial room for maneuver, which would not be the case with real estate loans or car loans.

Small loans are usually offered for amounts between 500 and 5,000 euros. That is why they are used primarily to finance consumer wishes. Due to the rather small loan amount, banks usually only charge a very low interest rate. This makes the small loan an ideal alternative for a current account credit. Other debts can easily be rescheduled with a small loan, to avoid unnecessary fees for collection or reminder.

Despite the small amount, small loans can be repaid flexibly. The banks offer their small loans with up to 84 monthly installments. The monthly burden is correspondingly low. If the financial situation improves during the repayment term, the loan can of course also be repaid faster. For this purpose, borrowers should make sure that special payments and early repayment are possible for free.

Small loan with online instant confirmation

Anyone who has to settle an urgent bill with the microcredit or wants to take advantage of a short-term special offer depends on a swift decision by the bank. Branch banks, however, often spend a lot of time before they come to a decision. The whole thing goes much faster with an instant loan over the internet. Here, the applicant already knows after a few hours, whether the small loan is granted. A preliminary credit check is carried out using a standardized test procedure. For a correct examination, it is important that the applicant provides all the information needed truthfully. Misrepresentations would also make no sense, as they must be proven by documents.

How to manage payday loans and savings in times of crisis

We have already underlined how the period of economic crisis negatively affects household spending capacity and credit disbursement : if the available budgets are limited, more attention must be paid to outflows, including any installments of loans to be repaid.

If you have purchases or large expenses in the program, give yourself a maximum budget not to be exceeded. Consider also the maximum amount that you can repay every month when you decide to apply for a loan (” power of mortgage purchase “). If you choose to apply for a loan, whether it is finalized or not, analyze your economic situation over the entire duration of the contract before signing it.

It is very important to be attentive to the clauses and expense items that are proposed to you, to avoid finding you, under a contract already signed, with expenses that you did not foresee and that could put you in difficulty. Then check the pre-contractual information and the information that must be present in the contract.

Once you have this information, you can find the offer that best meets your needs and allows you not to exceed the budget you have set. To monitor your financial situation both at the time of access to credit, and in the repayment period of the installments, you can contact Advanti, a tool that allows you to plan debt in a conscious and sustainable way.

If these tips are valid for evaluating your financial situation and making appropriate choices, you should not forget creditworthiness. Have you always repaid the installments of your previous loans on time? Have you always been “good payers”? If you answered yes to the two questions, the information about you in the Credit Information Systems will be positive and you probably will not have trouble getting a new loan.