No work? No fixed income? And still borrow money? Not wise we say but it can happen to anyone of course you lose your job and you are short of cash. In that case it is useful to borrow a small amount through a mini loan. By applying for a mini loan you can request a loan from 50 euros. The advantage of the mini loan is that the money is in your account quickly.
How much to borrow with a mini loan without a payslip?
The maximum loan amount is 1000 euros. The duration of a 1000 euro loan is 45 days for small loans, the duration is shorter. A term of 15 days is usual for loans of 50 or 100 euros. So if you are going to apply for a mini-loan without a payslip, you must keep in mind that the term of this loan is quite short. If you cannot pay back the borrowed money in time after the term, you will receive a fine from the mini-loan provider.
Mini loan is borrowing without hassle
Because the rules for borrowing a relatively small amount of money are fairly flexible, the mini loan is also called “borrowing without hassle”. You also have no paperwork when applying, which means you can quickly apply for the loan online. This may make it too easy for many people to apply for a loan quickly. After the mini loan has been requested, you have the money in your account the same day. And if you are an existing customer of the mini-loan provider, the money will already be in your account with 10 minutes. You can then make the request via SMS.
Compare mini loans
Whether you are applying for a mini loan without a payslip or without BKR, we recommend that you compare the mini loans. What a cheap mini-loan for one person may not be the case for you. Nowadays, comparing the loans is a piece of cake. You do all of this online, with a few clicks of the mouse, you know where you can request the cheapest mini-loan. The mini-loan providers that are operational in the Netherlands are all supervised by the AFM. As a result, you know that you will never pay too much to apply for a mini loan. In the past, usury rates were calculated when applying for a mini-loan.