Here we provide 5 tips for applying for a mini loan. You can apply for a mini loan online quickly and easily. You will want to borrow money quickly because a bill has to be paid just as quickly or because you want to buy something that you do not want to wait too long with. on your account. But first read the 5 tips below to take out a mini loan!
Tip 1: Do not take out a mini loan too quickly
If you are going to apply for a mini-loan, never do this too quickly. You must repay the borrowed money on time at the end of the term. The duration of a mini loan is not that long, these vary from 15 to 45 days. If you are not in time with paying back the mini loan, you will receive a fine and that is exactly what you would not want.
Tip 2: Compare the mini-loan providers
If you are going to apply for a mini loan, you will first have to compare the mini loan providers. In the Netherlands there are not so many mini-loan providers anymore, by comparing these you can take out the mini-loan that suits you best. And of course you pay attention to the costs involved in taking out a mini loan.
Tip 3: Read the conditions
As with any loan to be taken out, it is important that you read the conditions carefully before you take out a mini-loan. You should look carefully at whether you should let someone stand as guarantor or whether the lender introduces you to a guarantor. What the costs are and what the rules are if you want to borrow money without a payslip or without BKR.
Tip 4: Is borrowing without a payslip so sensible?
No permanent job and still want to borrow? They call this borrowing without a pay slip and you will understand that there is a danger here. As we wrote earlier, the borrowed amount must be paid back in time. If you start borrowing without a payslip you run the risk that you will not have enough balance at the end of the term and cannot repay the amount on time. Then a fine follows and you are further away from home. So think twice before you start borrowing money without a payslip.
Tip 5: Borrow from a Dutch mini-loan provider
A few years ago when the mini loan or mini credit just came in, there were many lenders who offered a mini loan. The result was that the costs became higher and higher and the consumer became the victim. That has been stopped, nowadays the mini-loan providers that are active in the Netherlands must comply with the rules of the AFM. As a result, you know that you cannot expect sky-high costs when applying for a mini loan. The interest on the mini-loan has also become a lot lower because the AFM now supervises.
We hope that you will benefit from the 5 tips for taking out a mini loan and that you will never lend more than you can pay back. All mini-loan providers on our website comply with the rules established by the AFM.
Borrowing always costs money so it is of course always better to save money in advance.