What is small loan?
Small loan is an unsecured loan for the purpose of purchasing a costly good or service (for example home improvement, travelling, cosmetic surgery, etc.). Read more...
Compared to quick loan small loan usually offers you a longer loan period and the loan application process is more thorough. Banks may also offer consumer loans provided additionl collateral is available. Each loan is a financial obligation that must be repaid. Consider the loan terms carefully. As a result of loan repayment default your loan debt might increase due to reminder fees and other costs associated with the debt collection process.
Advantages of MONEYZEN's Small Loan
- Reasonable interest rate
- Borrow up to €10 000
- Loan period up to 7 years
Recommendations before applying for a loan
- Consider carefully if you really need a loan and in which amount Why?
- Investigate and compare the terms of several loan providers Why?
- All your loan repayments should not exceed 33 percent of your total monthly income Why?
- Make sure that you have considered all additional terms and costs Why?