Zaloan borrows amounts from 50 to 500 euros. You must repay the loan amount after 15 or 30 days. The duration of your mini loan naturally depends on the amount borrowed. Both your application and the complete settlement of your mini loan or flash credit are done exclusively online or even by SMS at Zaloan. Borrowing at Zaloan is cheap, safe and reliable. This lender limits its administrative costs to four euros per loan.
Guarantor or guarantee insurance
To minimize its risk, Zaloan requires a guarantor. That can be a family member or a friend. He or she also guarantees the repayment of your loan, so that Zaloan is sure to get back the loan amount. If you do not have such a person, you can take out insurance with Global Guarantee.
When applying for a mini loan do not forget that borrowing costs money and that such a mini loan from Zaloan must be paid back after 15 or 30 days
The price of this insurance depends on the amount borrowed and the duration of your mini loan:
- Loan amount 50 euros / 15 days: 8 euros
- Amount borrowed 100 euros / 15 days: 18 euros
- Amount borrowed 100 euros / 30 days: 24 euros
- Loan amount 150 euros / 30 days: 38 euros
- Loan amount 200 euros / 30 days: 52 euros
- Loan amount 300 euros / 30 days: 80 euros
- Amount borrowed 400 euros / 30 days: 108 euros
- Amount borrowed 500 euros / 30 days: 136 euros
Zaloan makes every effort to process and approve an application for such a mini-loan as quickly as possible with a minimum of evidence. Even a mention on the National Bank ‘s blacklist is no problem. This approval usually comes after 24 hours. And once your application for a mini loan has been accepted, the loan amount is immediately deposited into your account and you can dispose of it freely.