Flexkontot

Flexkontot Account Credit

Flexkontot is an SMS loan service that offers credit to those who have difficulty obtaining loans elsewhere. The loan is granted without UC and has a high approval rate, even for those with payment defaults and low creditworthiness.

The loan credit ranges between 3,000 SEK and 40,000 SEK with an interest rate of 42.98%. The payout can be made quickly via Swish.

Advantages and Disadvantages

One of the main advantages of Flexkontot is their high approval rate. Even people with payment defaults or low creditworthiness can have their loans approved. Additionally, the service provides fast payouts through Swish.

Loan terms

Loan amount: 3000 - 30000 kr

Duration: 1 - 180 months

Interest: 42.98% - 42.98%

Eff. interest: 76.8% - 76.8%

Age: 18 - 70 years

First loan free: No

Payment remarks accepted: Yes

Setup fee: 475 kr

Administration fee: 25 kr

Invoicing fee: 0 kr

Direct payment: No

Weekend payment: No

Revolving credit: Yes

Minimum required annual income: 180000 kr

Representative example

The loan has a 42.98% nominal fixed annual interest rate, a setup fee of 475 SEK, and a monthly administration fee of 25 SEK. An example loan of 10,000 SEK repaid at 1,120 SEK per month over 12 months has an effective annual interest rate of 76.8%. This results in a total cost for the loan of 3,440 SEK.

Varning

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.

Flexkontot interest rates and fees

Here is how Flexkontot compares with other lenders in the comparison.

interest rates

Interest rate
42.98%
Effective interest rate
76.8%

fees

Setup fee
475 kr
Administration fee
25 kr
Invoicing fee
0 kr
Total fees
500 kr

This comparison was made with långivare med en maximal effektiv ränta under 2000%.

The lenders compared with Flexkontot 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.

Flexkontot review

This is a way to provide a quick overview of loans, focusing on factors important for quick loans. The ratings do not guarantee that a loan is the best option for you – they only reflect how the loan performs compared to others.

Minimum effective interest rate4
Administration fee5
Setup fee3
Loan amount3
Minimum annual income2
Direct/Weekend payment1
Average rating3,0