Tips for borrowing a small amount of money. Where can you quickly borrow a small amount of money with a short duration? A few years ago there were no mini-loan providers where you could borrow money quickly. If at that time you had to pay an unpaid bill quickly or something broke in the house that needed to be replaced or repaired quickly, you had to borrow money from family or friends. With the arrival of the mini loan this is a thing of the past.
Borrow small amount
Nowadays, borrowing a small amount of money quickly has become fairly normal. Because you can quickly apply for a small loan and have the money in your account for 10 minutes, it might be useful to know what to look out for. We give you some tips for taking out a small loan here.
Tip 1: Where do you want to take out a small loan?
If you need a small amount of money quickly, then the mini loan, the mini credit or the flash loan have been invented. Three different names and with all three you can do the same, namely quickly borrow a small amount with BKR. And you should not take the term small amount too literally because with the mini loan you can borrow an amount of up to 1000 euros. You can go to the mini-loan providers on our website if you want to request a mini-loan quickly. These lenders are supervised by the AFM, which means that you will never have to pay too much interest or too many extra costs.
Tip 2: Which amount to borrow?
What amount you are going to borrow is entirely up to you. We recommend that you never borrow more than necessary. Logically, the borrowed money must also be paid back. And since a mini-loan has a short duration, this must in many cases already take 15 or 30 days. There are also mini-loan providers where you can repay the loan amount after 45 days.
Tip 3: Compare mini-loan providers
If you want to take out a mini loan, it is advisable to compare the mini loan providers with each other beforehand. One provider just has a lower interest rate than the other or the conditions at one provider are a bit more favorable. You can save a lot of money by comparing the mini loans.
Tip 4: Don’t borrow too fast
You know that you see something in a store or you just want to go on a nice holiday, but if you look at your bank account you will not be happy. You have a balance dip …. it can happen to anyone. For many people this is a reason to start borrowing money. But these are not really urgent matters for which you should immediately start borrowing money. You could also wait a while before buying that product or booking that nice holiday. Borrowing money always costs money. So first consider whether you really want to borrow money or whether you could also save.
Tip 5: Pay back the mini loan on time
Taking a mini loan is nothing wrong with that if you only know that you can pay it back in time. If you are late with paying back the mini loan, you will be fined. Nowadays you can pay back the mini-loan with deali, so it couldn’t be easier and faster.