Small Lender is a newer Danish loan provider, where you have the opportunity to borrow up to cash 150,000 with a maturity of up to 120 months. Small Lender Finance is ideal for those who want to borrow a larger amount at a fixed low interest rate and without having to provide collateral for the loan. The interest rate starts right down from 6.93% which is really low for a consumer loan. It is easy to apply for a loan from Small Lender. It is easily and quickly done online, where you fill out an application form. You will receive a response to your application within 1 hour.
A reputable company is behind Small Lender
Behind Small Lender is the company D: E: RA / S and L’easy. They operate several well-known loan companies within the Danish borders. Among other things, L’easy Minilaan, D: E: R and Spargo Finans. This story gives you a sense of security when you need to borrow money. There are things in order and you can always get in touch with the company if you have any questions about a loan. Support is open every day from 7 am 8 – 22. Not many Danish consumer loan providers offer this. If you borrow money from Small Lender, there is a great deal of clarity throughout the process.
Interest rate down to 6.93%
Small Lender Finance offers an interest rate of 6.93% to 26.08%. The final interest rate is determined based on your credit rating. Here you will look at, among other things, your income, housing conditions and your age. The better credit rating you get, the lower your interest rate will also be on the loan. On the Small Lender website you can use a loan calculator and see how your monthly payment will be based on loan amount and maturity. You can easily find the monthly benefit that best fits your budget.
Advantages and Disadvantages of Small Lender Finance
The great advantage of Small Lender Finance is the low interest rate. However, to get the lowest interest rate on your loan, it requires that you get a really good credit rating. Failure to do so may result in an interest rate of up to 26.08%. Another benefit of Small Lender Finance is customer service. If you have any questions about your loan, you can always contact them between 8 – 22 every day of the week. It gives you peace of mind in case of doubt along the way.
If you want to pay off your loan ahead of time, it won’t cost you extra. This is clearly an advantage of Small Lender, as not all Danish loan providers offer this. In some places, you have to pay a fee if you want to pay off your loan ahead of time. Another benefit of Small Lender Finance is that you do not have to provide collateral for your loan. Don’t do that, whether you want to borrow 15,000 cash or 150,000 cash.
One of the disadvantages of Small Lender Finance is that you do not have the opportunity to borrow less than cash 10,000. Thus, Small Lender is primarily aimed at people who want to borrow a larger amount and who would like to borrow money outside the bank.