Compare the cheapest flash loan and mini loan

You can urgently borrow a few hundred euros from various specific providers. But what does a flash loan, flash loan or mini loan cost? Who offers the cheapest flash loan, what are the costs? Comparing flash loans for the costs is worthwhile. Usually there is no BKR assessment and you have the money in your account straight away. You borrow from 100 euros to 1,500 euros at a time. The flash loan or mini loan really means borrowing money quickly.

Short on cash and need money urgently

If you need money urgently, you can contact the following fast money providers. A mini loan from Ferratum for 21 days or a maximum of 62 days:

  • Ferratum;
  • Balance dip.

Flash loan and mini loan

The flash loan allows you to borrow a few hundred euros quickly and immediately. Truly an urgent mini loan. Not only is it fast, but you can get it anywhere just by sending a text message. So simple and fast. Handy if you are short of a few hundred euros and therefore want to borrow a few hundred euros. You will have the money in your account within 10 minutes, especially if it is not your first loan.

Compare flash loans and mini loans

Anyone who compares a flash loan or mini loan will come to a number of conclusions:

  • There are few providers of a flash loan.
  • The best-known providers are Ferratum and Sadodipje. Betaaldag and Voorschotje have also been taken over by Ferratum.
  • At Ferratum the amount of the loan amounts to a maximum of 1,500 euros.
  • Everywhere you have to ensure that you pay back on time, but the term is not the same everywhere.
  • The term you request counts. For example, choose a flash loan for 21, 15 or thirty days.
  • If you simply pay back on time, you can then apply for a new and often higher loan.
  • Usually there is no BKR assessment.
  • You do pay interest.
  • Compare the flash loan and mini loan from different companies.

New flash loan rules, what are the costs?

Until recently, flash loan providers charged handling costs that could be quite high, but that is no longer allowed. Furthermore, Ferratum makes a difference if it is your first loan or if you have borrowed from this provider before. In the latter case you can borrow more money and for longer:

Ferratum and Sadodipje: loan, term, interest and total amount

Flash loan

amount of days

amount including interest

annual percentage rate

interest

100

30

100.70

8.86%

0.70

200

30

201.50

9.52%

1.50

300

30

302.30

9.74%

2.30

400

30

403.00

9.52%

3.00

500

30

503.70

9,38%

3,70

600

45

607,00

9,86%

7,00

700

45

708,10

9,78%

8,10

800

45

809,30

9,83%

9,30

900

45

909,80

9,18%

9,80

1.000

45

1.011,50

9,72%

11,50

1.100

62

1.113

9,67%

13,00

1,200

62

1,214.10

9.61%

14.10

1,300

62

1,315.30

9.63%

15.30

1,400

62

1,416.50

9.64%

16.50

1,500

62

1,517.80

9.71%

17.80

You are then freed from those costs. You cannot borrow for free here, but that is not possible anywhere. Make sure that you pay on time, otherwise you may be charged reminder costs. So pay on time and borrow as cheaply as possible. With a loan for a short period, the interest is well manageable.

Ferratum, Balance dip

Ferratum and Saldodipje appear to be in high demand. Getting your hands on money quickly has become a piece of cake.

Conclusion: cheapest flash loan and mini loan

You can also apply for a flash loan or mini loan if the loan has been refused elsewhere. Due to the new regulations, there are still only a few providers of quick money. This way, everyone can quickly access extra money. The high costs no longer exist and are no longer allowed.