Quick Loans

Quick Loan Comparator

money loan Loan
50 - 300 €
Return
5 - 30 days
Paydaynow
cashperplus Loan
€ 200 - € 2,000
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2 - 12 months
Cashper
cashperplus Loan
€ 200 - € 2,000
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2 - 12 months
Cashper Plus
savso Loan
100 - 900 €
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13 - 26 weeks
Savso
lend online loans Loan
€ 50 - € 1,000
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5 - 21 days
Wowloans
twinero Loan
50 - 600 €
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7 - 30 days
Compariloan
fidinda Loan
€ 500 - € 5,000
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3 - 24 days
Fidinda
moneyman Loan
€ 100 - 1,200
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5 days - 4 months
Moneyman
vivus Loan
50 - 300 €
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7 - 30 days
Oakparkfinancial
credy Loan
€ 50 - 750
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1 - 30 days
Credy
mykredit logo Loan
100 - 400 €
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30 - 120 days
MyKredit
credit in Loan
€ 50 - € 1,000
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5 - 30 days
CreditZen
currency-now Loan
750 - 5,000 €
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1 - 48 months
Now currency
kredito24 Loan
75 - 750 €
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7 - 30 days
Motorlender
ccloan Loan
€ 50 - € 1,000
Return
5 - 30 days
CCloan
Crezu Loan
€ 100 - € 1,000
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61 - 90 days
Crezu

Information on fast loans and credits

Bank Loans and Credits VS Non-Bank Loans and Credits

We must distinguish between two options: on the one hand, bank loans and on the other, non-bank loans.

The first are loans granted by banks and which have the categorization of consumer loans. In the case of United States, these have the endorsement of the Bank of United States.

The approval time is usually longer, usually the amounts are higher as well as the return period. Interest rates are usually around 9%.

On the other side we have non-bank loans, these are granted by lenders, both individuals and legal entities or credit institutions. The main characteristic is that they are instant credits and it is only necessary for the person to have access to the internet and to register.

Unlike the previous ones, in the case of United States these non-bank credits are not guaranteed by the Bank of United States, but they must be governed by the law.

Specifically, by Law 2/2009 of March 31 that regulates mortgage loans and by Law 16/2011 of June 24 that regulates personal loans.

The most important characteristics are that they are very easy to obtain, they are usually small quantities and the return time is short. Interest rates are usually around 22%

When is one or the other usually used?

If you need a credit of more amount and with more payment facilities, the ideal is that you use bank credits.

If you use a small amount and it is immediate, non-bank loans can be a good option, but keep in mind that you will pay almost double the interest.

Functioning

Through one of the two options you will end up obtaining a quick loan. In return for having obtained this money, the borrower (who receives the money) must compensate with an interest payment to the bank or the lender.

This payment is made up of part of the loan, interest, and management and administration expenses. The payment is known as the return of the credit.

Depending on the amount of money requested, the lender will adopt a more restrictive position or not.

If the amount is higher, the borrower will ask you to know the purpose of the loan, even asking you for documents that justify that you need that amount. On the contrary, if the amount is lower, it will not normally ask you for anything.

Laws on which the system is governed

In the United States it is governed by the Spanish Constitution and specifically by articles 149.1, 11th and 13th which grant the Administration exclusive competence on the basis of credit, banking and insurance management, and on the basis and coordination of planning general economic activity. All these regulations are developed in Law 44/2002 on measures to reform the financial system.

Non-repayment of loans and Credit Checker

Despite the fact that the Law regulates all activity, both banks and credit institutions encounter situations of non-repayment of credits or loans on a daily basis.

Obviously, this fact does not go unpunished and while the legal teams of these entities evaluate all the measures to be taken to recover the capital granted, these clients become part of files of defaulters such as Credit Checker

For this reason, both banks and credit institutions usually grant loans and credits to borrowers with a clean profile of being in these files. So getting a loan being in Credit Checker or in one of these delinquent files becomes a quite complicated task.

Our advice is that you take care of your credit profile and that in the event that you cannot cope with your debt, contact your lender to see the possible solutions.