Request a mini loan… you have probably heard about it. And perhaps under the name… mini-credit or the flash loan. With a mini loan you can request a relatively small amount with a short duration. The mini loan is borrowing without hassle or also borrowing without paperwork. The fact is that you can also borrow without BKR. A mini-loan without BKR is greatly appreciated by many people, which is why it has often been requested in recent years.
BKR and still borrow
If you have not fulfilled your payment obligations on time in the past, chances are that you have a negative code behind your name. A company where you want to apply for or take out a loan or subscription will in most cases carry out a credit check. If it appears that you have a negative BKR code, then you can often not take out a loan. Because the mini loan is a loan form where you can borrow an amount up to a maximum of 1000 euros, the lenders deal with this a little more easily. Most mini loan providers will therefore not carry out a credit check, which means that you can borrow money without a BKR.
Beware borrowing without BKR
There is also danger with the mini-loan without BKR. Because borrowing without BKR is actually made very easy, many people will take out a small loan too quickly. The BKR is just there to protect consumers against over-credit. If you continue to borrow money, you may end up in trouble and the BKR in Tiel will try to prevent that.
Borrow without BKR
If you decide to borrow without BKR then you will have to look at the conditions. In most cases you will have to leave a family member, friend or acquaintance. This person must have a fixed income in case you are unable to repay the loan, the mini loan provider will be able to call on this person. There are also lenders who offer a guarantor themselves, you are then obliged to use this. In this way, the mini-loan provider runs virtually no risk.
Whether you borrow with or without BKR, borrowing always costs money.