Denmark today has several options when it comes to obtaining a loan. Usually loans are sanctioned by banks, but private companies have come up with several easy ways to get a loan sanctioned without the rigorous criteria set by banks. Loan Denmark has therefore set up an information portal to share the necessary information related to private loans.
Danish citizens until now have been dependent on banks for seeking financial loans, whether to buy a car, household goods or for higher education. Loans without securities are also easier to obtain, even through a phone. There are however very quick ways to get hold of money, both in small or big amounts, just within a few minutes.
Private companies are offering quick loans on the same day to citizens of Denmark. These are easier to obtain, and do not come with conditions such as a fixed income or some form of security. There is no need to even explain what the borrower intends to do with the money.
“Loan Denmark has been set up to share details on how to obtain a personal loan from private lenders. These loans are available for amounts between 500-400,000 kroner. The money can be used for any purpose, nor is it necessary to provide a security like a house or car,” said Pia Nielsen for Loan Denmark.
Conventional bank loans are often denied to people registered in the RKI (for bad payers). Private loans however are available even for these consumers. All they need to do is choose the loan that matches their requirements and fill out the information. The loan applications are typically answered on the same day.
“The expenses related to loans can be very different, and it can be very expensive to just choose the first fast loan that you find. On Loan Denmark, you can compare Danish fast loans and choose the cheapest or the one that fits you the best,” said Pia Nielsen.
Private loans are good for students too in the form of short term loans. These are disbursed into the bank account in just a few hours, and carry low interest rates and fees. The typical duration is either a month or two.
Borrowers however must be aware that they must comply with the loan terms. When loans are not paid off on time, loan companies go on to add extra fees, making the loan more expensive.
For more information, please visit: https://loandenmark.dk/