Payday loans are already available from 1000 € loan volume. Mostly, the application for such “small” loans is possible quickly and easily. A loan below 3000 euros is often synonymous private creditneutral in the form of a loan without private credit realizable. Because many consumers do not always need high loans or loan amounts. The request for high or Payday loan amounts depends entirely on the purpose of the money.

The optimal conditions received

Particularly important in a loan is that the loan application receives the terms that the borrower really seeks. As a rule, these are installment loans, with installment payments being coordinated according to the wishes of the consumer. The terms are variable and are offered from 12 months to 48 months, depending on the bank. It can vary from bank to bank. Loans with a rather low volume are particularly suitable for quick or slightly slower paying off with the smaller installments.

Find the right bank

Find the right bank

The choice of which bank to accept the microcredit, ultimately left to the consumer. In general, the loans are tailored very customer friendly. It is worthwhile not to take the first best-sounding loan offer in any case. Even with Payday loans it pays to always compare the interest rates of banks, because here you can save money.

Payday loan without private credit

private creditneutral loans are usually given up to € 3,500. Thus, such loans can always be regarded as Payday loans in principle. An advantage for people who want to avoid entries in the private credit or have a credit check by the bank already a negative entry.

How do I know what data is in my private credit

The personal data and their creditworthiness can be obtained free of charge, but must be sent as a letter with a valid copy of the identity card to the private credit.

Which conditions must be met?

Small loan without private credit

Each bank has certain requirements and different credit criteria that lead to the desired Payday loan or even a rejection. Who alone does not get credit at the bank, it should try with a guarantor (guarantee by co-applicant). If the guarantor can meet the terms of the loan application, then nothing should stand in the way of a positive loan commitment.

What should be respected

The borrower should be careful, for example, if high processing fees arise even before borrowing. It is also worthwhile to read the small print in Payday loan agreements before signing the loan agreement. The requirements in the contract should always be read first. If the applicant meets the bank’s requirement and can prove a good credit rating, he certainly gets his Payday loan under € 3000 from the bank. Should there be any problems with de Bank and you can not find a suitable bank, you still have the opportunity to find out about possible alternatives such as a pawnshop or a loan from private.