Borrow small amount – apply for a small payday loan

It is often easy to borrow a small amount. Borrowing a small amount (often up to 500 euros) ensures that you have just enough money to do that repair to your car, book a city trip or still buy those shoes. If you want to borrow a small amount, it is best to consider taking out a mini loan. These are loans that are often deposited into your account quickly and where your creditworthiness is not checked at the BKR in Tiel. Do you want to take out a mini loan quickly? 

Quickly borrow a small amount

Quickly borrow a small amount

If you want to borrow a small amount quickly, the easiest way is to take out a mini loan (not for nothing called a flash credit). An advantage of a mini loan is that the money is in your account quickly; sometimes within 10 minutes! Depending on the lender, the money will be in your account within 10 minutes or a day.

Borrow small amount without BKR

Borrow small amount without BKR

Many banks and other lenders check your BKR with a loan. However, if you want to borrow a small amount without BKR, you can consider taking out a mini loan (also known as a micro credit, a flash credit or a flash loan ). Many of these mini-loan providers do not check your BKR, but want to see other documents from you. You can think of;

  • Last pay slip
  • Copy of the bank statement
  • Proof of payment

Make sure you also have these documents with you when taking out a mini loan. Cashmore, however, advises against borrowing a large amount without BKR, as this often means that the interest is high. With this you run the risk of paying a high interest for a small amount.

Interest of a small amount

Interest of a small amount

The interest of a small amount varies greatly. Compared to a payday loan or revolving credit, the interest is often considerably higher. In many cases, you pay a relatively low interest, but the interest is much higher after the term. When taking out a mini loan, pay attention to the total duration of the loan and ensure that you pay off your mini loan in time. This prevents you from having to pay unnecessary extra money to pay off the interest.

Borrow more than a small amount?

  • Borrow up to 5000 euros
  • Borrow up to 10000 euros
  • Borrow up to 15000 euros
  • Borrow up to 20000 euros
  • Borrow up to 25,000 euros
  • Borrow more than 25000 euros

Borrowing money, costs money. Always consider whether or not you need the money. It is often wiser to save for a large purchase or to wait for your salary.

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