If you want to borrow money or refinance a loan, you naturally want this at a low credit rate with a reliable lender. These tips will help you on your way to borrow money cheaply and responsibly at a low credit rate.
Online loans direct lenders only: All credit histories welcome
A low credit interest sounds attractive, but is often a temporary offer. Do you want to take out an online loan direct lender?
There are many providers who provide loans. In addition to all major banks, there are also specialized lenders. These lenders are often cheaper than a large bank. By properly comparing the loan conditions per provider, you are assured of the best offer. You will always receive free help with this from a consultant from the National Credit Checker.
Interest type: fixed or variable?
Is the credit interest fixed or variable? And if it is fixed, is it fixed for the entire duration of the loan as with a personal payday loan?
Beware of a so-called entry interest rate with a revolving credit. This often low interest is often intended to attract new customers. After the promotional period, the interest is often considerably higher, which often means that your advantage is quickly canceled out. That’s a shame.
A variable interest or entry interest is not in itself wrong. Certainly not if you have the flexibility and want to be able to pay or repay the loan. Then temporarily benefiting from a low interest rate can be smart. But does the loan lack this flexibility with a variable interest or entry interest.
A fixed interest rate gives you more certainty about the costs of the loan and whether you can continue to pay it. That way you know in advance where you stand. An example is the repayable loan, here you enjoy the lowest possible fixed interest rate.
Check the terms of the loan
An affordable credit interest is certainly not the only thing to look out for when taking out a loan. Before you take out a loan, it is advisable to read the terms of the loan carefully.
For example, how high is the interest rate and can it change during the term? Do you receive a fixed or variable interest rate? Is the interest fixed for the entire term? With a personal payday loan, the interest is fixed throughout the entire term. With a revolving credit, the interest is variable.
Do you pay off the loan or do you only pay credit interest on the loan? Can you pay extra at any time? Or do you pay a penalty for early repayment? Are there closing costs or consultancy costs? All things to find out before you take out or repay a loan.
Do you want to be sure that the loan fits in perfectly with your wishes and personal situation? Then contact an experienced credit specialist from the National Credit Checker.
Compare the current interest rates
Are you currently borrowing at a high interest rate? Compare your current interest rate with our current low rates. Our partner banks are the cheapest credit providers in the market. Comparing provides you with a considerable saving; We offer the lowest interest rates in the Netherlands with the best loan conditions! Transfer your loan now free of charge.