There is no more moving market than the market for mini loans. Where a few months ago the maximum amount for the mini loan was adjusted to a maximum of 1000 Euros. A mini loan of up to 1500 euros is now possible. A mini loan is indeed an expensive form of borrowing money. But the form of borrowing money where direct borrowing without BKR testing is still possible. One of the latest changes is that a mini loan up to 1500 euros is now also possible.
|Personal loan||Revolving credit||Mini Loan|
|From 4.1%||From 4.4%||Maximum € 1500|
|Fixed interest||variable interest||No BKR assessment|
|from 21 to 69 years||from 21 to 69 years||from 21 to 70 years old|
|Payment within 2 days||Payment within 2 days||Payment within 24 hours|
|Apply for a personal loan||Apply for ongoing credit||Apply for a mini loan|
In addition to the adjustment in the amount, the increase of the maximum limit to 1500 euros. The duration has also been extended. And that is a good side effect. In the first instance, mini loans were provided for an amount of 800 euros. This has been increased in steps to borrow 1000 euros. And now a mini loan up to 1500 is also possible. The duration has now also been extended. That has been an important step. With a mini loan of up to 30 days, repayment of the mini loan was a major assessment, with the extension of the term to 62 days it is better to pay. You can better prepare yourself for the reimbursement. In our opinion, the extension of the term is really a good outcome. It becomes easy to get your finances on the road better.
A mini loan is the only form in which no BKR testing and registration takes place. All other commercial forms of borrowing money are with a BKR review and registration. Do you have a negative BKR registration? Then it is almost impossible to take out a loan, and a mini loan can be a great solution.
In addition, a mini loan of up to 1500 Euros can be a good option out of convenience. It is a form of borrowing money directly. Certainly if you are already an existing customer with one of the providers of the mini loans, you can even make borrowing money within 10 minutes. Convenience can therefore also be a good option for opting for a mini loan.
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