There are consumers who are curious or borrowing money without a bank, also if you want to take out a loan. The answer to this is yes, but the question is of course why you would actually want this. You may think that lending money without a bank is less strict when it comes to granting loans, but of course there is also very careful consideration here as to whether or not someone should receive a loan, as is the case with banks. Whether there are really significant differences in the audit is doubtful and it is therefore not the case that borrowing money without a bank is easier than borrowing money from a bank. An additional disadvantage of borrowing without the intervention of a bank is also that in many cases it saves a lot in the interest rate and that it does not get cheaper. For example, the lowest interest rates can still be found at the banks and a loan simulation will show that the least expensive loans can be found here.
Borrow money without a bank or not?
The question is whether you really want to opt for borrowing money without a bank or whether it really doesn’t really matter to you. If it is indeed necessary for you to be able to borrow money without a bank, there is nothing further to prevent you from doing so, because you can do this very easily. However, if you consider the possibilities and then look in particular at the expected costs, you may nevertheless slightly adjust your opinion about borrowing money without a bank, because in the end it seems to be of little use to choose this while it is your expense. increase during the term of the loan. Incidentally, for the maximum loan it does not really matter much what you choose.
Often lower interest rates at banks
Whether it is a coincidence or not, you can usually negotiate a lower interest rate with banks than with the options available for borrowing money without a bank. You can see this, for example, in the overview that we have placed on our main page, which also shows how the distribution is a bit between banks and between non-banks. Borrowing money without a bank in this case therefore does not really benefit you as a consumer and if you indeed have to come to the conclusion that borrowing money without a bank does not actually result in a cheap loan, the choice in that regard seems clear. If borrowing money without a bank is what you would like to do, you literally have to pay a price for this and this price then comes in the form of costs that are higher than would actually be necessary for the loan you want, regardless of which one. loan this is. You will see that the interest rate for borrowing money without a bank is actually significantly higher for every loan, so it is highly questionable whether it is a smart decision to make in this way. It is of course just what you want, but you now know at least a little what you can expect from borrowing money without a bank, at least in view of the costs. If you want to borrow money without a bank, the mini loan may also come into your picture. This might also be something interesting for you.