Monthly Archives: January 2019

Mini quick loan online

A mini credit is a personal credit offered by banks, savings banks, credit institutions, private lenders and private lenders, to solve needs of urgent money of small amount, generally of no more than 600 euros.

The term of return of the mini fast loan also tends to be relatively short of a couple of months at most.

The main advantage of applying for a fast online mini credit is that it can be granted in a few hours without endorsement, without payroll, without asking for just documentation and without asking the reason for the credit. There are even credit institutions, private lenders and private lenders that offer fast online mini credit with ASNEF and RAI, even when unemployed. The biggest disadvantage is undoubtedly the high cost of credit.

Mini fast loan online

More and more fast online mini loan are requested and managed mostly online without moving from home and with little paperwork. They are offered mostly by credit institutions specialized in getting fast mini loan online in less than 24 or 48 hours.

While online mini-loans can solve specific problems of liquidity for contingencies, the cost of this type of credit is quite high, so you should carefully review the credit conditions, the interest rate, the commissions in case of delay in the payment of the credit, possible cancellation fees.

The interest rate of online mini-loans is quite high if we compare banks and savings accounts, so it is advisable to go to private lenders and private lenders who offer fast mini-loans online only at specific times. in which it does not have an endorsement or sufficient financial backing to go to banking entities. Before applying for a fast online mini credit, we will also have to make sure that we can meet your reimbursement within the indicated periods to avoid the risk of even increasing the debt.

Loans are received via smartphone

Smartphone loans will enter our lives.


The smartphone has become the instrument that accompanies the increasing time periods of our days, so it’s no wonder that the actions that can be done through these devices are more and more , including, in a foreseeable future, that of obtaining personal loans .

To confirm all this come the news reported by the famous American agency Bloomberg , according to which the increasingly “smart” software will allow banks to monitor the operations carried out by their customers and their habits, thanks to the traces of the devices. In this way it will be easy to identify a reliability profile and possibly give consent to a loan operation, all in a measurable time frame even around 90 seconds .

Obviously such an operation would represent a real revolution in the sector, with Bloomberg that, based on data provided , indicates the emerging countries as a starting point for this operation. All of this by virtue of the fact that in these countries there are as many as 2 billion people who currently do not have a current account, moreover a substantial monetary base of 30,000 billion dollars is estimated.

The companies that try to make their way in this new sector are different, focusing all on the possibility of using algorithms that analyze the risks connected to customers via the web. To refine these techniques there are those who, like for example the German company Kreditech, are putting in place the possibility of granting micro loans from the amount of 100 €, so as to be able to concretely assess the risks, while there are other European countries where cell phone loans within 90 seconds are already practiced.

In short, it is only a matter of time and smartphone loans will enter our lives, with the bank who has already given his consent to the operation for the future.

Personal Loans

The personal loan is a consumer credit product that provides for the disbursement of a pre-established amount repayable according to an amortization plan in constant installments.



It is also called “non-finalized financing”, as it is not necessarily aimed at the purchase of goods and / or services, but is intended to finance a private individual or a company that needs liquidity.

This type of financing is divided into two main categories: Salary Fiscal Assignment and Payment Delegation.
The absence of a purchased good or service, which can be used as a guarantee for a possible insolvency of the debtor, makes this product rather risky for the creditor. In some cases, the provider can ask for particular guarantees such as the signature of a co-obligor, a surety, the change of installments or the authorization to transfer part of their salary in the event of default.
The credit agreement for a personal loan is stipulated between the lender and the client; when the loan request is accepted, the money is granted directly to the contractor, without the intermediary of an agreement (dealer).
The obligation of the written form of the contract, under penalty of nullity, is to protect the consumer, as well as the obligation to indicate in the same the sum established, the methods of financing, the number, the amount and the maturity of installments, the interest rate and any other price and conditions envisaged for the disbursement of the loan, including any additional charges in the event of default.

The interest rate of the personal loan is mostly fixed and remains for the entire duration of the repayment of the money received,

on the basis of an amortization plan in fixed or constant installments.
The beneficiary has the right to extinguish the loan early compared to the agreed term, paying the remaining capital, interest, other charges accrued up to that time and, if provided for in the contract, an additional penalty (normally not exceeding 1% of the sum still to be paid).

In order to be defined as a loan and not a loan, the payable value must not exceed the limit established by law equal to 30,987.41 euros.

Take out a personal loan

It can seem so easy, quickly take out a personal loan.

Borrowing money, costs money

Especially when you just have that beautiful car in mind or when you want to buy a new television that you can also buy on payment. Then you always see the warning: “Pay attention to money costs money”. What does this actually mean?

The urge to take out a loan

Who does not know that feeling that you would like to buy something now? That new television or maybe even that nice car that you happen to run into. Of course, it does not always have to be big expenses, buying new clothes can also be a big drain on your bank account. You do not have enough savings or you’re short of cash. But you still need these new stuff. The urge to buy can make you decide to take out a loan or buy something on payment. Something as simple as Afterpay that you often encounter at webshops these days is also a temptation to click on “Buy now”.

Perhaps the interest rate is so low that you just let yourself be persuaded to take out a loan now. There may be a lot of reasons to take out a loan. That this does not happen without extra costs does everyone know? If people sometimes want to look over something, it is the fact that borrowing money also costs money. The government decided a few years ago to start an advertising campaign called “Pay attention, borrow money costs money”. This campaign is permanent and the warning always comes back to an advertisement about a loan.

Campaign borrowing money costs money

Many people have shown that they are not always attentive when money is borrowed. Especially for those who are not at home in the financial world, the banking system with its various loans is often opaque. That is why there are various rules and laws to protect the citizen from borrowing money. For example, it is not permitted to request usury loans for a loan, or to provide a loan to someone who is in financial trouble. The AFM (Financial Market Authority) keeps an eye on you to protect you.
So there is something more involved if you want to borrow money. That is why the advertising campaign “Pay attention, borrow money costs money” is so prominent in the picture. There are a few things you have to pay attention to when you take out a loan.

Pay off the loan

When you take out a loan, the total interest that you have to pay back is based on the interest rate. This means that, in addition to paying off the loan, interest must also be paid. These are the costs that are meant by “borrowing money costs money”. The interest rate of a loan can vary considerably depending on the type of loan and depends on the amount of the amount you want to borrow. It is therefore useful to always look at the current interest rate before a loan is taken out. Or even better compare loans first and then choose the loan that suits you. Think of penalty-free repayments and flexibility and make sure you can easily pay the monthly costs.

Reduce the cost of a loan

If you want to borrow money quickly or look for a loan at your convenience, the same rules apply. However , you want to borrow 500 euros or fifteen thousand you will eventually pay back more than you actually borrowed. The interest you pay if you want to borrow 500 euros is higher and the term of the loan is shorter. But then both loans are similar.
To prevent you from borrowing too much money than you actually can financially support, decide for yourself what you can miss monthly on repayment and interest. Then look at what you can borrow for this amount in order not to get into trouble. Always look further than your own bank for taking out a loan. You can easily compare loans on a comparison site like ” My personal loan “.
But even with the tips above to reduce costs, the slogan ” Money borrowing money ” remains in force.