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.
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.