If you have a permanent job, you will receive your salary on your account every month on the same day. Of course, all your fixed charges will be deducted from this immediately and then perhaps not much will be left. So it can happen that you are, for example, about to buy a new seat, but not much later you realize that you don’t have the means for this at all at that moment in the month. How do you fix that? With a personal loan of course! With this you almost immediately borrow a small (er) amount: handy if you want to make a quick purchase. Moreover, the Annual Cost Percentage is cheaper than with the now disappeared SMS loans.
Immediate money in your account
At times when you just can’t take out your money or when there is a shortage, a mini loan can be a solution. A mini loan is a loan where you can often borrow up to a few thousand euros, but you have the guarantee that it will be in your account immediately. With certain lenders you used to have the option of texting, after which the money is deposited directly into your loan: an SMS loan. Such an account is usually repaid within a short period, which in turn has the advantage that the annual cost percentage is quite low.
Unfortunately, SMS loans are a thing of the past. A better option today is a personal loan. You can also take out a personal loan for a small amount, up to a few thousand euros. Personal loans are better than SMS loans because the APRs are more favorable. Therefore you pay a lower interest rate. The administrative costs for personal loans are also lower. In fact, it is good that SMS loans no longer exist, because personal loans are simply cheaper for you as a consumer!
You will not be able to take out a so-called personal loan with a bank quickly. However, independent lenders do offer this type of loan. On our site you can easily find an overview of all the different providers of such a loan. Moreover, you can immediately see what the minimum and maximum amount to be borrowed is and how much money you will spend on the annual percentage rate. These days the application can be arranged very quickly. Curious about the possibilities? Then it is always a good idea to simulate such a loan in advance without obligation. Then you immediately know where you stand.