Again, more and more providers of mini-loans are coming. Taking out a mini loan could therefore become a whole lot easier in the future. If we enter the search term “close loan” in Google, we get to see more and more results from actual providers of this type of loan, certainly with the advertisements.
More providers of mini loans naturally also have several advantages for you. Incidentally, these are generally not banks that offer it, but rather commercial parties and occasionally a crowdfunding party that offers this. In any case, competition is getting bigger for the time being. And that can bring you a number of benefits.
The big advantage of having multiple providers of mini loans is that there is more competition between them.
As a result, there is a good chance that firstly there will be some pressure on the margins for the providers of the mini loan, in short that the prices for the mini loan may fall for you. In addition, there is a good chance that they will want to handle matters faster and faster. Borrowing money within 10 minutes is in all likelihood sooner possible again.
Most chosen Close Zaloan Max € 800 No BKR assessment from 21 to 69 years Maximum 45 days Apply for a mini-loan Close Loandear Mini Loan Max € 500 from 21 to 65 years 30 days maximum interest rate 0.66% per day Apply for a mini-loan Take out ongoing credit Max € 75,000 BKR review from 21 to 68 years old Redeem for 72 years Apply for a loan
With more providers of mini loans, chances are that more service will come for you. With greater competition, you have a greater chance that suppliers will lower prices or increase service. And maybe even both will.
Always compare the providers. For mini loans, there are currently around 5 providers. By comparing these with each other, you can immediately see where you can apply for and take out your mini-loan.
More providers of mini loans is of course nice. But if you want to borrow a small amount of several hundred euros, borrowing money in the form of a mini loan is an expensive solution. Taking out a small loan with friends, acquaintances or family can be a lot cheaper in many cases.