Why even record a mini loan?

Take a mini loan A valid question! For customers with bad creditworthiness, the Bankate on Nowbank also offers mini loans. The lender grants these loans in small amounts with short maturities as short-term help with financial bottlenecks. Special requests cost a lot of money with mini-credits.

Mini-Credit Austria: 5 top providers of payday loans in Austria

In some cases, you just need a little cash, which can be quickly raised with mini-credits. Mini-credits are not large amounts, but three-digit or small four-digit. There are also Austrian providers who provide these payday loans. Below you will find the best 5 mini-credit Austria providers.

Advantage of mini-credits: mini-loans up to 1,500 USD and micro-credits from 3,500 USD. Mini-Credits up to 1,500 $: Everything goes very quickly here. If you have registered (online) and have entered all information completely, the credit is usually within 10-30 minutes to have. The company awards mini-credits of 15 or 30 days duration and a maximum of 600 USD.

The regular net proceeds must be at least 700 USD and the applicant must be domiciled in Germany. Microcredits are increasingly being awarded in Austria. The payday loan will be replaced, as it were, quickly. Credits from $ 3,500: You can apply for a loan from ERSTE starting at $ 3,500. However, the lowest possible period for the FIRST is 36 months, which is 3 years.

FOURTH: PSK With the SIMPLE online loan, you can apply for a loan from 4,000 USD. The period is variable (12 to 120 months). A processing fee will not be charged and the commitment will usually be made promptly after the credit check. The special plus point of BAWAG: Early full repayment is possible.

The installment credit of Metabank can be applied for from an amount of 5,000 $. The repayment rate is fixed and the terms are between 12-84 years.

Cash per mini loan: Now up to 1500 USD mini credit for existing customers!

By expanding the loan offer, Viloan is taking into account the increased demands of the growth market and the competitive situation face-to-face the providers Seedcash, Furebank and Nowcredit. All these companies have been giving their customers a higher loan amount for some time – up to 3,000 USD. So far, Viloan was the only one who confined himself to the “classic” 600-USD mini-credit.

But that’s over now. What other changes in the offer? Whether the previous credit conditions are still valid, however, must be shown. This is an unfortunate answer to the request, which must be answered with a “no” for this loan. First of all, it is noticeable that Viloan does not make any changes to its credit card computer on its website.

The mini-loan calculator will continue with the already mentioned 600 USD. A little further back, the first reason for this can be found in the wording in which the innovation of the 1500-USD mini-loan is “presented”. There is a title that is “free offer”. One wonders why Viloan makes the effort, on request, a “non-binding offer” for a $ 1,500 payday loan to make.

This is very simple: The credit note is subject to additional costs! Simply put, if you look at Nowum’s new General Terms and Conditions, you will find in the fee tables that with the extension of the line of credit, the additional costs have been “revised”. With this 1500 USD credit available now:

Installment fee (according to Howen bank from 600): 2 installment payment (optional): super transaction (preferred settlement & express payment) – (optional): Basically, this pricing is not unusual in itself. Above all, since other competitors also “hold their hands” on the charges for the extended loan offer for existing customers.

Together with the still high interest rates, these loan offers are still much more expensive than cash. Because in the story Viloan was characterized by justice and openness. Sooner or later, it was feared that Viloan would have to pay for the increased loan amounts of competitors for some time.

The current lending of up to 1,500 USD is nothing “earth shattering”. However, it is unusual that this loan can not be applied for “formally” via the online loan calculator, but can respond to a non-binding quote on request. You are not very enthusiastic about your loan offer and the related price structure and would like to try it out first?