Borrow a small amount with 10 minutes
Everyone sometimes suffers from a balance dip. You need a small amount quickly and want to have it deposited into your account as quickly as possible. What is the fastest and best way to quickly borrow a small amount? If you want to have a small amount deposited into your account quickly, you could request a mini loan. Applying for a mini loan is specifically intended to quickly borrow a small amount.
How quickly can you borrow money?
Nowadays you can apply for a loan in many ways and by far the fastest way is to apply for a mini-loan online. Because applying for a mini loan involves relatively small amounts, you will not have to go through many checks to apply for a loan. You apply for a mini-loan for amounts below 1000 euros, which means that the mini-loan provider also dares to take the risk of lending you this amount quickly.
Borrow money quickly with BKR
You can also borrow money quickly with a BKR code. For the reason described above that the amount of a mini loan will never exceed 1000 euros, the lender will not perform a BKR check. You can apply for a loan without BKR testing at Ferratum. This means that with a negative BKR you can still borrow money through a mini loan. You must realize that a BKR is not for nothing, it is also there to protect you against over-credit.
Borrow money without a payslip
If you have no work for a while, borrowing money is also possible. This is called borrowing without a payslip. If you are going to borrow without a payslip then there are often slightly different conditions that apply to the loan if you would borrow money while you were in work. So before you start borrowing without a payslip you will have to take this into account and compare the mini-loan providers on these terms. It is often asked to have someone act as guarantor for you, this is to keep the risk for the lender as small as possible. And here too you must realize that borrowing money always costs money and that you must pay back the loan at the end of the term. If you repay the borrowed money too late, you will have to pay a fine and that would be a shame.
Quick money in your account with a mini loan
The reason that people apply for a mini loan is that they have money in their account quickly. In the most favorable case you already have the money within 10 minutes. It should be noted that this would only be possible with the second or subsequent mini loan application. With the first application you have to return some signed documents and once your details are known to the lender and you have repaid the first loan properly, you can then quickly request the mini loan via a simple SMS. You can read in the terms and conditions of the relevant mini-loan provider to which number you should send this SMS and what exactly you must state in it.