The online mini- loans at the moment are loans in which we can request amounts up to 750 euros in a few minutes and return in a maximum of 90 days, with a single installment. The application is completely online, without paperwork and without the need to change banks to receive the money. We are going to show you in this post how they work and which are the best online mini-credits at the time of the Spanish market.

What is an online mini credit and how does it work?

What is an online mini credit and how does it work?

Online mini-credits at the moment are a product destined for fast personal financing, they allow us to get money very quickly for those times when there is a specific unforeseen expense. With these mini-credits online at the moment we can access to request an amount of 50 to 750 euros, although this maximum amount may increase when we request a second loan with the same company after correctly returning the first requested credit.

The application process for the best online mini-credits at the moment lasts only a few minutes and does not need just paperwork or give any explanation of what you are going to use the money for. Because its amount is reduced and the repayment period is very short, maximum 30 days and in some companies it can reach 90 days, these small loans are indicated to obtain extra financing when facing economic setbacks in a timely manner.

In the case of the best online mini-credits at the moment the average interest is approximately 1.1% daily. For example, if they lend us 200 euros to repay in 30 days, we will have to pay about 35 euros on average in interest.

In all companies or financial entities, these types of products are amortized in a single installment that is the sum of the requested capital plus the interest generated. Therefore, according to the example shown, when asking 200 euros we should return approximately 235 in a single installment after 30 days.

Another of the main features of the best online mini-credits at the moment is that we can get personal financing in less than 15 minutes since you make the request thanks to the automation of most of the process. Once your application is pre-approved, you send the documentation and the application becomes approved in seconds and send us the contract to sign and resubmit, always online.

With this contract already signed, we just need to receive the money, this can be immediate if it is during business hours or at most the next morning if the request was made outside the bank’s working hours.

The best online mini-credits at the time of the Spanish market

The best online mini-credits at the time of the Spanish market

Among the best online mini-credits at the moment in Spain we find:

Zaloan mini-credits

  • First free credit
  • Up to 300 euros in the case of new customers
  • Available 24/7
  • Money in the account in just 15 minutes
  • Does not accept applications with Credit Institutions

GoodCash mini-credits

  • Discounts up to 10%
  • Up to 300 euros in the case of new customers
  • Less than 1 euros a day
  • Money in 15 minutes
  • Does not accept applications with Credit Institutions

Zenna mini-credits

  • Free the first mini-credit
  • Terms of up to 60 days
  • Up to 300 euros for new customers
  • Free early return
  • Does not accept applications with Credit Institutions