Is there a mini loan for students is a frequently asked question. Do the simple calculation and see if you are eligible for mini-loan as a student. You can borrow an amount of up to 800 euros that is credited to your account quickly. Think of it as an advance on money that you will soon receive in your account from either your student loan or a part-time job that you have. With the simple calculation you can see exactly what you can borrow. There is no BKR check, so any negative registration is no problem.
If you are a student and have a bill that must be paid halfway through the month or if you have a nice evening planned but you are without money for a while, you can use a mini loan. For the mini loan you must have monthly income so that the company that provides the loan can assume that it will also be repaid. The life of a student is not about roses, there are many costs to pay such as your living expenses, the rent and your study costs. That is why an advance in the form of a mini loan can be a solution.
If you qualify for a small amount of money, you must make the following calculation. Take your monthly income and deduct your monthly expenses from it. If there is, for example, 300 euros net left over to spend freely, you can apply for a mini loan of 300 euros. In this way you do not put yourself in trouble and you are sure that you can easily repay the money after 30 or 45 days. Your monthly charges are costs that recur every month and you really have to pay these at the end of the month. If you still live with your parents and you do not have to pay any costs and you have a monthly income because you work somewhere, it may be that there is more left under the line, this means that you can request a higher mini-loan.
The amounts you can borrow differs per provider but starts from 100 to a maximum of 800 euros. These are small amounts that you have to pay back quickly, the periods you can choose from are 15, 30 or 45 days. You must repay the total amount in one go within the agreed period. You can, however, pay off earlier if you like or if your salary is paid earlier than usual, as long as you pay it off in one go.
If you have a negative BKR then this is not a problem for applying for a mini loan because no BKR check is performed at the time you apply for the loan. More weight is given to whether you can repay the loan within the specified period, but you have already been able to calculate that yourself according to the above calculation.
With the mini loan you can quickly get a sum of money in your account, borrowing money without credit verification within 10 minutes is no problem. Your application will be processed quickly and you can see the amount in your account the same day, however, this depends on which bank you have. If you have a smaller bank, it may happen that the money is not transferred to your account the next day. credited.