Fast loans and SMS loans are a good option if you know that you will soon have the money to pay back the loan, it is not a suitable loan form for longer periods. See http://plainsnews.com of critique.
At Swapfinance who work hard to make it as comfortable as possible to borrow money, you can get a simple quick loan from SEK 1000 – SEK 40.000 with repayment time from 61 to 360 days.
How do I get a loan from Swapfinance?
- How do I get a loan from Swapfinance?
- Who can apply for a loan at Swapfinance?
- How fast does Fast Finance pay?
- About Swapfinance
It is easy to submit an application, fill in some information about yourself and click on the button. They give notice within a few hours and pay out the loan directly to the bank account.
Instructions Swapfinance loan
It is easy to take a loan with Swapfinance and it is completely free to submit an application for a loan.
The only thing that is required is to fill in the social security number and mobile number in the form on the page. Choose how much money you want to borrow, installment time and then click the ‘Apply Now’ button.
If you are a new customer, your identity must first be verified. This is easiest to do by logging in to your bank via the verification company Instantor. It is also possible to have their identity verified by sending a code home by post. The code is then used for verification.
Who can apply for a loan at Swapfinance?
You must have turned 20 and have been registered in Sweden for at least three years. Taxed income of at least SEK 150,000 and no payment remarks. Of course, all money must be paid back, so borrow no more than you can handle. They do not use UC but instead receive information from Bisnode Kredit.
Does it cost anything to ask for a loan?
It does not cost anything to submit a loan application, it is completely free to see if the loan is granted before you need to decide whether you want the money or not. How much it costs to borrow is shown by filling in the desired loan amount and credit days on the website.
How much can I borrow?
The first time you can borrow from 1000 SEK – 25 000 SEK. If you previously borrowed and paid back in time, you can next borrow up to SEK 40,000.
How fast does Fast Finance pay?
During the week 08.00 – 18.00 your application will be processed within one hour. If you are a SEB customer, the payment is made directly. For the other banks you have the money during the afternoon if you applied before 13.30.
Medium payback with quick payout
Being granted a medium-term loan from Swapfinance means immediate access to money and the opportunity to resolve an acute financial problem immediately while the loan can be divided and repaid for up to one year.
Borrowers at Swapfinance pay back loans with an optional period of two months. A quick loan with medium repayment can easily fix a problem while the repayment can be spread out.
When it comes to keeping track of payments or expenses, it may sometimes be necessary to help get money. A loan that is paid out to the bank account the same day but which can be repaid over a long period of time has solved many difficult situations.
Medium loan easy
Applying for a medium-term loan at Swapfinance is simple and similar to the application for traditional loans in such a way that the borrower provides basic information such as social security numbers and bank accounts, but the whole process is so much easier and faster.
When lenders and borrowers agree on terms, loan amount, fee and due date, the money will be deposited directly on the borrower’s account.
Size of a medium-sized medium-sized loan
Medium-term loans at Swapfinance are granted between SEK 1,000 and up to SEK 40,000 for previous customers. The borrower should carefully consider the loan amount and only borrow as much as they absolutely need because the cost of a quick loan service is higher than the usual bank interest rate.
Short-term loans should be avoided altogether, but even medium-term loans should only be used when absolutely necessary.
In many cases, this type of loan is taken for the borrower to actually save money on doing so – especially for the borrower who is facing the risk of going on collection fees and other costs unless other acute debts are paid.
A small and simple loan can help borrowers to avoid late fees, debt collection and also to end up with the crown bailiff, which completely destroys the credit rating for three years.
The effective interest rate for a medium-term loan from Swapfinance is on average a few hundred percent (calculated as annual interest including all fees). It is a high cost for a loan but still considerably cheaper than many small loans and quick credit.