That’s the good news: you do not have work for a while but you can arrange some extra financial space this month .
We deal with the steps that you can go through with your application. Can you meet the extra conditions of borrowing a small amount without a pay slip? You have two options:
- Taking out insurance for the reimbursement of the mini-loan. This way the lender knows for sure that the reimbursement is covered.
- A second possibility is that a family member, friend or acquaintance can guarantee your loan. That means that they refund the amount if you do not.
The deposit is a form of guarantee that does mean a risk for the relationship: If your friend or acquaintance has to pay the amount, then you are again in debt with them . That is not so bad if you can repay that loan quickly. But if it takes longer than your friend or knowledge can get angry or have no contact with you anymore. That in shame for your network, friendships and reputation.
Quick Mini Loan Application Without Payroll
Do you have no time or desire to ask a friend or friend to guarantee your mini loan? Then you will have to take out insurance. The advantage of this possibility is that you can quickly close the mini-loan. This way you can immediately use the money to pay a late bill or make a purchase. Borrowing money without payroll is possible with such insurance .
The guarantee with an insurance becomes active if you can not repay the loan . It is a separate contract, in addition to the mini loan contract.
You can also close a mini loan if you have had a backlog in the past with repayments. A mini-loan without BKR testing is still possible. You take out the insurance to guarantee the lender that it will get the money back. A bit of bad luck in the past is no obstacle. You can still borrow money quickly with the guarantee insurance. The only difference is that the costs are higher . It is still advisable to pay off this fast mini loan on time. Then you can borrow money from this lender again if necessary. This way you keep the option of financial space behind you. That gives you peace of mind.
Borrow Money Without Bank
Anyone who goes to a lender on the sweet side first thinks of the bank. That is the place where you have already arranged some money matters, such as your bank account or a mortgage. You can also rent a safe and exchange foreign currency. It is the place that first comes to mind when we think about borrowing money. But borrowing money without a bank is possible: it is even cheaper to look for the lender who offers the best loan for your situation . The conditions are similar, but the costs are lower. Borrowing money without a bank can be done with a private money provider. These are companies that specialize in loans and mortgages. They have a comprehensive website where you can quickly request a loan without any hassle .
You can save on the costs of interest and exit from a private money provider . It is also easier than at the bank. You do not have to make an appointment at the office. You make your request via a form on the website. The time of annoying questions in a back room is over: you can now quickly borrow money on the internet by filling in a form .
The money that you can borrow via a website is intended for private purchases. You can not borrow business loans, other conditions apply.
Inform yourself by comparing the offer well. That is a second advantage of borrowing money without a bank: you can quickly compare the information on loans. They can find a financial solution for your situation. An unexpected bill or quick purchase can best be financed with a mini loan . Private lenders are specialized in this type of credit.
Choose the Right Loan form
At our company we have articles that describe the available loan forms. This way you can easily choose the type of loan for your financing. The advantages and disadvantages of a type of loan you have to look carefully: your choice has consequences for repaying, the risks, and the costs.
Via our company you can find providers for these types of loans:
Mini loan or loan credit: A small amount that lends you for a shorter period, from 15 to 45 days . By “small amount” we mean a few hundred euros. Most lenders set a maximum amount of 800 to 1000 euros for a mini loan. It is suitable for quickly paying an unexpected bill.
If you are certain that within a few weeks you have money again, you can close the mini loan .
Continuous credit: If you want to make some flexibility in your finances, you can take out an ongoing loan . You do not have to decide yet what you will use the money for. And if you take the credit, you can decide when and how much you pay off. The interest on a revolving credit is variable. Pay attention to the interest rate and release the credit more quickly if interest rates rise. This way you limit the costs of this loan form.
Personal loan: If you are going to make a large expense, you can finance it with a personal loan . Examples are buying a new car or boat. A personal loan brings a large expense within reach: your costs are spread over several years. You pay a fixed amount every month until you have repaid the loan amount plus the interest.
Private lenders show that you can save a lot on the costs of a loan. Borrowing money without a bank is a way to pay low interest rates. Furthermore, the ease of payment and closing via the internet are the big advantages. You can compare the costs and choose the conditions that you like.
A bank offers you the possibility of standing red. That is a form of borrowing that a private lender can not offer. A bank employee can also give you a more personal advice for a loan. You may find that easy. Then you can get more clarity in a personal conversation at the bank’s office.
Borrow Money Without Income: Is That possible?
Life sometimes brings you in unexpected circumstances. You can lose your job or have an unexpected expense, such as a repair to your car or a broken washing machine. Those who are ill can also temporarily not work. In these circumstances you are short of cash, especially if you have not been able to save in advance . You will have to find a solution for the running costs . Life goes on, and the bills have to be paid. Money Salon helps you with information about your options.
You can consider asking for money from friends and family. That can be a temporary solution . It is often easy to arrange. But the disadvantage is that it can put the relationship under pressure. What if the appointment is too vague? What if your family member or friend needs the money yourself, but you can not (yet) pay it back? It would be a shame if a loan would damage the relationship.
Step over your shame and ask for help if possible. The conditions of borrowing from family and friends are more favorable than borrowing from the bank or lender . You can protect the relationship by making clear agreements about reimbursement.
Social Loan at the Municipality
You can borrow money without income from the municipality. It is also called the Stadsbank or the Municipal Credit Bank. This is a possible for lending with benefit . Those who have a minimum income can ask for financial support, in addition to the benefit. This loan must meet certain conditions. The costs are favorable, but you can not close it for unnecessary expenses, such as a vacation. Borrowing money costs money, but you spend less on interest than with a commercial lender.
Borrow Money: Flash Credit or Minus Loan
The fastest method for creating financial space is a flash credit . This is also called a mini loan or mini credit. You then borrow a small amount that you can redeem in 15, 30 or 45 days. It is a few hundred euros to get through the rest of the month. When you have money in your bank account, you disconnect the mini loan. A mini loan is suitable for continuing to pay the bills if you are short of cash.
You can arrange a mini loan quickly via the internet . At our company we refer to lenders offering a mini loan. You can choose from different conditions and amounts. The employees who assess your application do not do a BKR check. For example, this form of borrowing remains an option for consumers who have ever missed a repayment in the past. The amount that you pay on interest also does not run that far: you pay the amount back quickly .
Pay attention to additional costs for the quick payment of the mini loan . That is more expensive than when you can wait a few days for your money. You make a trade-off between speed and price. And as we have said above, who does not have a wage slip, some lenders may well go for it. You can take out guarantee insurance if you can not pay the amount on time. Then the insurance company guarantees your mini loan. The costs are higher, so the mini credit stays within the reach of people without income.
Note: Borrowing money costs money . Make sure you repay the amount on time, because your costs for late or late payment run fast. A mini loan is for the situation where you have no money in your bank account, but you have to have a view on new income. At our company we have a series of articles about extra earnings . Study the methods so that you will soon have money in your account again.