And in such a situation you naturally want to borrow money quickly. There are various ways to borrow money quickly. You can borrow money very quickly, especially via the internet. This concerns relatively small amounts. These loans are also known as mini loan , payday loan or mini loan. This usually concerns amounts between fifty US dollars and seven hundred and fifty US dollars that you can request within ten minutes via text message or via the Internet.
This way of borrowing money quickly is mainly used to bridge a short period without money. Most mini-loans therefore have a duration of about a month. For that reason, these mini loans do not fall under the Authority for the Financial Markets, which makes it possible for people with a negative BKR registration to borrow money.
The disadvantage of a mini loan , however, is that the costs are very high. This is because high administration and handling costs are added to the loan amount. So you are very expensive if you use this way to borrow money quickly.
The advantage of this method of borrowing money quickly is that you are off the loan within a month because of the short term. Another advantage of a mini loan is that it is arranged very quickly. As mentioned, you often have the money in your account within ten minutes. There is probably no other way to borrow money as quickly as with a mini loan.
This way of borrowing money quickly is an ideal option when you are short of money, because it is easy to arrange, because it involves relatively small amounts and because you can get rid of it within a month. It is therefore no wonder that this way of borrowing money quickly has become very popular recently.
Borrow money reliably and quickly?
When you are going to take out a loan, it is understandable that you want to borrow money reliably. After all, you don't want to be saddled with unexpected costs. And you would also prefer not to see unexpected changes in the interest rate or in the loan sum. What you want is simple: you want to borrow money reliably in a simple way without any strings attached. And luckily all of this is possible.
There are enough providers on the loan market where you can borrow money reliably, but unfortunately there are also enough providers where reliable money is not an option. You may be familiar with the Netherlands Authority for the Financial Markets (AFM). AFM supervises loans, among other things, so that consumers can be sure that they are provided with honest and clear information.
If you want to borrow money reliably, you can check with the Netherlands Authority for the Financial Markets whether a particular provider is reliable or whether this is not the case. AFM ensures that you know where you can borrow money reliably. This is sorted out for you in various ways.
A lender may officially only lend money if it has received a license for this from the AFM. To be eligible for such a license, the lender must meet certain conditions. If it turns out that it is not possible to borrow money reliably from a certain lender, it will not receive a license.
After a lender has obtained the permit, he will have to prove that he is worth it. The AFM will therefore also regularly check whether the rules are being complied with. In addition, the Netherlands Authority for the Financial Markets also checks whether the lender provides consumers with correct information. In short, the AFM does everything it can to ensure that you can borrow money reliably. If you want to know whether a particular provider is reliable to borrow money, you can check this with the AFM . They also have a list showing which providers are in any case not reliable.