The Viloan company offers a mini loan up to $ 600 with a very short term online. The provider closes a gap in the offer of the local banking world.
Who is the Viloan mini loan for?
This offer is aimed at people who want to bridge a short-term financial bottleneck very quickly. This can be the unexpected costs for a car repair or a new household appliance, but also for the health costs of privately insured persons with a high deductible. The provider Viloan advises against using this mini loan for pure consumption purposes, which of course remains a decision of the borrower. We still consider that to be responsible advice. The short-term loan is generally suitable for people who can repay it in 15 to a maximum of 60 calendar days. These emergency loans do not run any longer. This time should also be sufficient as a repayment period for a maximum of 600 USD loan.
How is the Viloan mini loan structured exactly?
There are certain general conditions for this Viloan mini loan that are structured very reasonably:
- Loan amount: 100 to 600 USD
- Redemption period: 15/30/60 days
This simple structure is used for the simple processing of such small loans. In principle, the Viloan Mini loan is an advance on income during the repayment period. The application is made very easily online or by SMS. The SMS variant comes into question if customers choose the “Super Deal” as an extra service option. In this case you have the money in your account within 24 hours at the latest.
Requirements and procedure for the Viloan mini loan – small loan with immediate payment
There are only three basic requirements for a successful application for a Viloan mini loan:
- Minimum age 18 years
- Main residence in Germany
- Minimum income 700 USD net per month
Under these conditions, which can be proven, you can always apply for a Viloan small loan, and after its repayment on time, the next loan from the provider. The repayment is made by transferring funds to the provider’s account, for which you will receive an invoice by email and letter. You can also deselect the letter mail. The term of the loan begins on the day of payment. As a basic credit (without a super deal), the transfer can take up to seven working days, but this is an indication that includes all eventualities (including processing time of your own bank). Usually it is much faster. It is also important in terms of the requirements for the Viloan mini credit that it can also be granted with a negative credit bureau entry. This is very rare for loan providers. German banks generally do not grant a negative credit bureau loan, there are different rules among financial intermediaries in this regard. Viloan handles the problem by checking the current credit bureau information and then deciding whether the loan is mutually acceptable. Negative credit bureau entries result from an unpaid cell phone or mail order invoice, which is why you as a consumer can be very solvent. In such a case you will certainly receive a Viloan loan if the other requirements are met. However, this will not be possible in the event of bankruptcy or an affidavit.
When does Viloan reject a loan application?
In the event of bankruptcy, affidavit and the absence of the above conditions, the Viloan mini loan is not granted. The provider does not have to tell you the reasons for this. However, you have the option of submitting an application again. If your requirements have improved, you will likely get a Viloan mini loan next time.
Overview of additional services for the Viloan mini loan
- Flash Transfer
- Express edit
- preferred editing
- direct decision
- 2-rate option
- Deal package
Experience with Viloan short-term credit, mini-credit, express credit, lightning credit or instant credit
Previous customers are satisfied with the Viloan short-term loan because it really offers quick help in emergencies. There are also posts from people who really no longer knew in and out and who could benefit from the quick financial injection within 24 hours.The comparatively low credit costs and the unbureaucratic, fast processing are praised. If you were looking for a mini loan in Austria, Viloan for Sioe could be the right instant loan provider.
Advantages and disadvantages of Viloan mini loan
The advantages are the very uncomplicated processing, the low application hurdles and the granting even with (slightly) negative credit bureau information. The temptation to take a mini loan quickly via SMS and thus get into debt without much thought could be considered a disadvantage. But this is always possible and also in completely different places – even with your own bank.
Conclusion on the small loan with immediate payment by Viloan
We can recommend the Viloan mini loan with a clear conscience. It only costs the relatively low interest rates (for this type of loan), which are also of little importance over the short term (“cost of a cup of coffee”). We do not want to give current interest rates in this general article, since such conditions can change with the market situation. A loan refusal does not incur any costs. So if you do not receive a overdraft facility from the bank or have already used it, you are welcome to take advantage of the Viloan mini credit. To find the cheapest micro loan you can do a micro loan comparison test.
Viloan Alternative mini loan provider with instant disbursement
There is also a mini loan with immediate payment from other providers. In order to be able to get money into your account today, vexcash also offers short-term loans. A mini credit instant transfer makes it possible. The urgently needed money is immediately available to you via instant transfer.
If you do not necessarily need the money immediately, you can also apply for a postal loan, for example, if you meet the Astro Finance credit requirements.