Many people think that borrowing money with benefits is not possible. But the opposite is true. It is possible. Of course you only have to ask yourself if it is wise and necessary.
Besides that you may need bread, you may also have other things that are desperately needed. It can happen that your old trusted washing machine breaks down. You can choose to wash all your laundry by hand. Unfortunately, there is a disadvantage. It takes your time and maybe a little more water. More water means a higher bill. On the other hand, a washing machine naturally also uses electricity. In most cases this is also not free. Are you serious? If you are a math wonder, you can start calculating this at your leisure.
Well what now? You have a benefit. Do you have to borrow money with your benefit?
What I mean by this is that you have to make a correct decision before you proceed to a loan. Are there cheaper alternatives? Can you (without) for a while? Or maybe you can borrow one.
“Help, my fridge is broken”
Oh oh .. you abandoned your fridge. What now? Borrow money with my benefit ? Hmm .. it’s winter. Yep, I have a plan. Why not put all my products on the balcony. Free and for nothing. Hmmm … but what if it gets warmer. That is a lot harder. With the neighbors is also not an option. Especially if it’s a bastard. Good thing I’m not your neighbor :).
In other words; a fridge is needed . Do you have no other alternatives than the balcony or your neighbor? Then you have to buy one. In this case, you indeed take a consideration to borrow money despite your payment. The key question is of course, is that possible? While enjoying a drum roll, I can fully answer this: Yes, I want!
How does it work
Ok, how does borrowing money work with my benefit?
You can view exactly how much you can borrow via the main page . Slide the button to determine your loan amount. You will immediately see what you pay back to the lender.
Enter your e-mail address to receive a handy overview in your inbox. In addition, you will be immediately redirected to another page. If you want to borrow the amount, complete the form. Your application has been assessed within a day.
The advantage of such a mini loan is that it is a short-term loan . You then lose less interest.
The other advantage is that you will not get any debts over the long term . After all, you pay off the amount quickly.
Another advantage is that you do not have to send payslips . And to top it all; a bkr registration is not an obstacle to borrowing the money.
Are there any disadvantages?
Borrowing money with your benefit can be a disadvantage. After all, you borrow an amount and the lender naturally wants to earn his money with it. So it always costs you a little more . However, because the duration is short, the interest is not very shockingly high.
Another drawback could be that the duration is quite short. If you want to repay the amount over a longer period, you will still have to choose another option. Take a look here .
Furthermore, the maximum amount you can borrow is € 1500. If you want more, click on the link above. Here you can easily compare all lenders.
It is, however, necessary to have a personal guarantor . He or she guarantees that you will pay your payment properly. If you do not have a personal guarantor, you can also opt for an external guarantor. There are costs involved. You are therefore best off with a personal guarantor.
Once the form has been completed, your application is usually decided within 1 day. Is this fast or is this fast?
Borrow money with negative and benefit
It can of course always be worse. In this case you also have a negative registration with the BKR (Credit Registration Office). Not sure if you are registered? Then request it from the BKR via their website: Request BKR registration.
But this also does not have to be a disadvantage for an application for a mini loan. Most money providers of mini loans have their own sources . They conduct a creditworthy investigation themselves. And if everything turns out to be ok, you don’t have to worry about anything else.
So borrowing money with a negative BKR and a benefit need not be a problem for your loan.