Advance payday loan online -Direct lender payday loans online: Fast approval

Direct lender payday loans online: Fast approval 

You can apply for a direct lender payday loans if you need extra money. The reason for closing a loan is different and can be anything.

A payday loan is a sum of money that you can get it directly from Payday Relay. The lender will, under certain conditions (interest, repayment period, etc.), transfer the money to your account if you request a loan from him.

Terms of loan

Terms of loan

A loan will always be provided under certain conditions. Interest will almost always be calculated and a repayment period usually applies.


Interest loan

Interest loan

Interest is expressed in a percentage (%) and may apply, for example, per month or per year. Interest is a guarantee for the lender to see his money back. There are always people to calculate their loan not refund and interest covers a lender that risk. Interest also ensures that lenders can make a profit on the provision of loans. They will of course not do this for free.


Loan repayment term

Loan repayment term

The repayment term of a loan is the term in which the loan must be repaid. Small loans, such as minilands, often have a short (re) repayment term, which is for example a few weeks. It is therefore wise to think carefully whether you can repay these loans on time. Larger loans, such as personal loans or mortgages , will have a (much) longer repayment term that will be several years to decades.


Types of loans

Types of loans

There are many different types of loans. We have just spoken about the mortgage that you close for your home, but there are of course many more variants.

The personal loan that has just been discussed is a commonly used loan. In the case of a personal loan, you have a fixed term of repayment in advance and a fixed interest rate applies.

Through a loan simulation, you can clearly calculate what the cost of your loan will be (administrative costs are not included). We also know the ongoing credit.

An ongoing credit has the advantage that you can add extra credit when you want to. There is a variable interest rate, which means that the interest rate will sometimes be lower and sometimes higher than with a personal loan.

We also know the mingling, which is a small loan of several hundred euros, which must be repaid quickly. A mingling is therefore especially useful if you are slightly short of the end of the month.

In addition to the mentioned loan types, you can also buy an installment or hire a loan as a loan. The 50/50 deal that you can pay for a car is also a kind of loan. In short, there are many different types of loans, which means that your situation usually has a good ‘fit’.

Loan with BKR

If you have a negative BKR registration, it will be harder to get credit. Many lenders will refuse you. This is very difficult, especially if you only have a negative BKR due to, for example, unpaid accounts during a divorce, at which time you did not know who of the spouses had to pay the bill.

If you have a negative BKR, there are still possible loans to conclude as a mini loan. Otherwise, in the case of an incorrect BKR registration, you can approach the BKR to cancel the negative BKR registration.


Free loan

Free loan

It sounds weird, but there is also a possibility to get a free loan.

Here you have to think about borrowing a sum of money from family or friends. Perhaps this is only the case for small amounts of money, but then you do not have to knock on an online lender or at a bank and provide all sorts of information, also a positive or negative BKR listing is not at all important.

Furthermore, it is well taken into account that you only have to repay the borrowed money, the statutory mandatory interest that must normally be paid keeps you beautiful in your own pocket.

Consumer loan rises sharply in 2016

While only € 2.8 billion of consumer loan was provided in 2015, this was in 2016 with an increase of over 21% more than € 3.4 billion. Consumers increasingly transfer their revolving loan to a personal loan. The outstanding balance also increased by 3% in 2016. The members of the Association of Finance Companies in the Netherlands announced this.

Consumers opt for security of fixed interest

With a personal loan , consumers have the certainty of a fixed interest rate and term. These two factors are flexible in the case of a continuous loan and can change over time. In 2016, for the first time more than half of the consumer loan granted was concluded in the form of a personal loan.

Not only the personal loans have increased, but there is also an increasing interest in car financing and Private Lease . This shows a growth of 14%.

Connect your ongoing loan via Bank

Do you currently have a revolving loan and do you also want the certainty of a fixed interest rate and term? Bank can help you with this. We look at the possibilities for you and if the continuous loan can be transferred, we will arrange it for you. We are ready for you not only for revolving loan, but also for reducing interest rates or shortening the term on personal loans.

Your financial assistant loan and loan

We also monitor your loan or loan. And if you can save, we will arrange it for you. Register at Pleasantly arranged.

Revolving loan

If you expect to need extra money for an extended period of time, you can opt to take out a revolving loan. For example, to pay for your child’s study. What a revolving loan is, what its specifics are and the advantages and disadvantages we have selected for you.