Are you missing 1,000 kr right now and here to pay a bill? In that case, a credit loan at Luel Loan can be a good option, maybe even the only option. Luel Loans is a loan company specializing in fast, short-term loans. Mortgages differ from other loans by being the easiest and fastest way to borrow money. On the other hand, they are also clearly more expensive and the maturity is much shorter, max 120 days at Luel Loans.
With other loan companies, you can now apply for loans with NemID and receive the amount in less than 24 hours, but the big difference is what you need to meet for a loan. Very square it is that almost everyone who is not in RKI can get loans at Luel Loans. The other loan companies are equally fast but say no to many more.
Mortgage loans up to DKK 10,000 with Luel Loan
- Loans up to 10,000 kr.
- Short and easy application
- The money on your account within 24 hours
Luel Loan is a loan company from Copenhagen. It is not immediately to see if there are other companies responsible for funding, but Luel Loans are of course registered with the proper authorities and your security is secured through Easy ID. You can therefore securely borrow at Luel Loan.
You pay your loan back to Finans there is a debt collection company. It’s also the ones you’ll be able to get back from.
Quick loan completely without question
Luel Loans, as said, are a mortgage company and you should carefully consider whether it is the type of loan you need or if you are better served by a more common loan company. You can see the list of loan providers here. You will pay a lot of interest when you take out a credit loan and if you do not pay on time, the returns are also great. You should be aware of that. In return, however, you can almost certainly be sure to get a loan as long as you are not in RKI. There are absolutely no annoying questions or documents to be submitted and you will get an answer right away. Not 5 minutes after, not 1 hour after, but immediately.
Luel Loans can, therefore, be a good choice if you are missing money right now and here at short notice, but are sure you can pay back on time.
It’s probably a good idea to see if you can get a loan from a loan provider with a lower interest rate and longer maturity. If you are rejected, you can try Luel Loan or another mortgage company.
High Interest and Short Term
Luel Loans offer loans from DKK 500 to DKK 10,000, which means that you can borrow far less money than elsewhere. If you are missing $ 1,000 to pay a bill, then there is an option where you do not bind yourself for more than necessary.
Because you borrow so small amounts and the maturity is so short – 60 to 120 days – then your Annual Cost in Percent (your total cost, interest rate + fees) will also be high.
Let’s take an example, you borrow $ 1,000 and pay back over 120 days. Here you will pay a little more than 1500 DKK, which gives an OPP of just over 750%. This is a very high OPOP when most other loan providers have an APR of approx. 20-30%. But it may also be misleading to look at OPOP because your loan does not run for a year, it will last for 120 days. The ordinary consumer loan with a PPD of less than 30% runs for a minimum of 1 year and with a sum of DKK 3,000 and up after. Therefore, it is best to look at the total cost of borrowing the amount you need and for the period you need. 500 KR. In expenses for borrowing 1,000 KR. May seem as much as it is 50% of your loan amount. However, it is still only DKK 500 in total in expenses and you usually do not have to pay for a consumer loan that is at a higher amount and with a longer maturity.
You must, therefore, deal with yourself if it is a price you can live with. There may be situations where it makes sense.
Our best advice is, therefore, to apply for loan offers more of the places that meet your borrowing needs. Perhaps the loan offer must be $ 3,000, even if you only need $ 1,000. However, if the total cost of this loan is the cheapest, you can not touch the last $ 2,000 and just pay them back when the loan expires.
So check the total cost of the loan offers you receive and then select the provider that offers you loans with the total lowest cost.
Sign up as a user and apply easily
Luel Loans make it easy to borrow money. You must first register as a user with your CPR No., Email and Phone Number. Then confirm with Easy ID. Once you’ve done that, you’re ready to apply for a loan. Luel Loans are a little different than other loan companies since you need a user profile here. With a user, you can apply for a loan several times. The first time you can borrow a maximum of 5,000 DKK, but once you have paid it back you can subsequently borrow up to 10,000 KR.
Luel Loans are thus a bit like a cash credit. As long as you pay your loans back you can get a new loan, without question. It’s expensive but also an easy way to cover your money needs. With Luel Loans, you can be sure to cover your unforeseen expenses in the short term.
To borrow, please state:
- Your name
- Your CPR NR
- Your email
- Your phone number
It’s simply that. Nothing else. It may be the easiest loan you find on the market.
Apply and sign with NemID
You apply and sign your installment loan with Easy ID. GET STARTED NOW! It is both the guarantee of your safety and that is why you can get an answer right away. Luel Loans do not make comprehensive credit ratings like other loan companies, but with Easy ID, they can be sure you are who you say you are. Therefore, you do not have to submit any documents at all. All you need is to log in with Easy ID, apply for a loan and vupti, then you are approved for a loan. Finally, you must sign your loan agreement and no later than 24 hours after the money is in your NemKonto. That’s easy.
The easy ID is also an added security for you. Your information is encrypted and protected and you can be sure that there is control over the things of the company you are borrowing.
A non-binding loan with 14 days of cancellation
Should you regret after you have signed a loan agreement, you can happily get rid of the loan. It just requires you to notify Luel Loan on this in writing. You will then have to pay the borrowed amount plus the daily interest accrued on the loan.