Eicredit is one of the providers of mini-credits, which can be taken out online or via a text message. The name of the website is derived from the term ‘balance dip’, which e veryone may experience at the end of the month. The money has run out and the new salary is still waiting. At that time you can use the services of Eicredit, namely borrowing a small amount. A mini loan is in fact no more than a small loan with a very short term.
Eicredit and Zaloan
Zaloan can be considered as the first company that has offered the possibility to provide mini-loans in the Netherlands. They were earlier than Creditmash, Creditmini, etc. Eicredit was founded on the initiative of Zaloan, which has extensive experience in offering mini-loans and flash loans, and Zaloan is therefore not without reason considered to be one of the European market leaders regarding the provision of mini-loans.
Register without obligation at Eicredit
One of the big advantages of Eicredit is that everyone can register without obligation. This is an advantage, because an application can be processed quickly when it is made. Your data is then already known at Eicredit. Moreover, there are no costs associated with registering, so you only have to pay if you actually use a mini loan. Borrowing money through Eicredit naturally costs money, because there are service costs for the money that is lent.
Mini loan from 50 euros to 500 euros
At Eicredit it is possible to borrow amounts between 50 euros and 500 euros. No higher amounts are provided in the form of a loan, as research has shown that consumers mainly borrow amounts up to a maximum of 500 euros. For borrowing large amounts you can go to regular institutions, which also have a longer duration.
Duration mini-loan at Eicredit
A mini loan at Eicredit of 50 euros has a term of fifteen days. For amounts between 100 euros and 500 euros you have the choice of two durations. In that case you can opt for a duration of the mini credit of 15 days or you can choose a duration of the mini credit of 30 days. The costs of the mini-credit to be charged will be lower with a term of fifteen days than with a term of thirty days. If you opt for the short term, then you will lose fewer costs. Incidentally, for borrowing an amount of fifty euros, you can try out the service of Eicredit for free. No costs will be charged for an initial application of fifty euros. This way you can get acquainted with Eicredit in a non-binding manner.
Mini credit application process
If you are already registered with Eicredit you can immediately use the service and otherwise you must first register yourself. The registration will be assessed immediately and if the conditions for acceptance are met, a customer card and pin code will be sent immediately to the address provided. In that case it usually takes a working day to be able to use the services of Eicredit. All the more reason to register in advance, so that you can always rely on the service and receive a mini credit. With the received pin code it is possible to receive money online or via a text message in the bank account. This only requires confirmation of order, after which the desired amount of money is deposited into your bank account. You can do that within ten minutes.