Extralånet
Extralånet is a lender that offers SMS loans or quick loans with a focus on providing lower interest rates than many of its competitors. With an interest rate of 27.95% and no setup fees, it is a more cost-effective option for those seeking a smaller loan at a low cost.
Advantages and Disadvantages
One of the major advantages of Extralånet is that they do not charge any hidden fees beyond the interest. Additionally, they approve loans without UC checks, which means your creditworthiness with UC is not negatively affected. It is also possible to be approved for a loan despite previous payment remarks,
Loan terms
Loan amount: 10000 - 50000 kr
Duration: 1 - 10 years
Interest: 27.95% - 27.95%
Eff. interest: 31.82% - 31.82%
Age: 18 - 70 years
First loan free: No
Payment remarks accepted: Yes
Setup fee: 0 kr
Administration fee: 0 kr
Invoicing fee: 39 kr
Direct payment: No
Weekend payment: No
Revolving credit: No
Minimum required annual income: 150000 kr
Representative example
Example: A loan of 30,000 SEK with an annuity repayment over 4 years at a nominal interest rate of 27.95% and an effective interest rate of 31.82% costs 1,045 SEK per month (48 times). Total repayment: 50,160 SEK including all fees.
This is a high-cost credit. If you cannot repay the entire debt, you risk a negative credit record. For support, contact your municipality’s debt advice.
Extralånet interest rates and fees
Here is how Extralånet compares with other lenders in the comparison.
interest rates
fees
This comparison was made with långivare med en maximal effektiv ränta under 2000%.
The lenders compared with Extralånet had interest rates from 2.95% to 44% and effective interest rates from 4.04% to 983.6% and setup fees from 0 kr to 995 kr, administration fees from 0 kr to 375 kr, invoicing fees from 0 kr to 60 kr, and total fees from 0 kr to 1024 kr.