ICELAND MINI-LOAN

ICELAND MINI-LOAN

ICELAND SMAL LOAN ICELAND MINI-LOAN ICELAND SWIFT SMALL FUNDING ICELANDIC MICRO PERSONAL LOAN ICELANDIC LENDER MINI FUNDING

In Iceland, a mini-loan is by definition a funding alternative consisting of a small cash loan offered by Icelandic lending company via a small loan application in favor of an Icelandic consumer who needs to access to fresh cash immediately.

In Iceland, the mini-loan is aiming to be an additional way to obtain a mini-funding to the conventional banking financing by being more flexible in terms of documents requirements from the Icelandic lenders who are able to cover the Icelandic borrower’s urgent financial obligations.

In Iceland, a small loan is needed by Icelandic consumers and households who are facing unplanned expenses such as a car repair, medical costs, urgent home improvements as well as rent arrears and where Icelandic banks are not prepared to help for credit score reasons or lack of proof of income.

In Iceland, the mini-loan is available thanks to small cash loan apps that are accessible via mobile phone and the amounts granted are between 15,000 Icelandic Kronas and 250,000 Iceland Kronas while the Icelandic borrower will be charged with double digit high interest rates.