As a student, it can be difficult and get many payday loans without collateral (consumer payday loans) and popular credit cards . So little student payday loan has become in relation to how expensive it is to live in Norway, students without a job are forced to be “sober” with the little one has of money. Sometimes it can be tempting to take out a payday loan to buy a little expensive thing such as a TV, a computer or something else you don’t want to save for months to afford. Consumer payday loans for students exist, but only with relatively low payday loan sums. Make sure you pay the installments as planned so that the cost of your payday loan is not higher than necessary. You may also want to think about how the monthly costs will affect your daily life if you choose a payday loan that runs over several months.
Two small payday loans suitable for students
Bank small payday loan
With this consumer payday loan from you can borrow from NOK 1,000 and up to NOK 20,000. It is perhaps the market’s most appropriate payday loan for students, and one of the best small payday loans in Norway for everyone else as well. The biggest benefit to this payday loan is that everyone gets rid of interest and fees, including the initial payday loan on the first payday loan for 30 days . This applies if you have the opportunity to pay off within 30 days. It is also possible to pay down over longer periods of time if it suits better, but then there will be costumes. Applicants are required to be at least 20 years old.
Interest rate example: Effective interest rate 258.02%, 15,000 repaid over 12 months in equal amounts, Cost SEK 8.401.62.
With this payday loan from Folkia you can borrow from 2,000 kroner to 20,000 kroner for 1 to 12 months. You can see a detailed overview of how much the payday loan will cost at different payday loan amounts and repayment time on Folkia’s home page. Requirements that the applicant must be at least 20 years old. A payday loan of NOK 2,000 paid in one month cost per day NOK 434.
Interest rate example: Effective interest rate: 165% at SEK 10,000 / 6 months, Establishment fee: SEK 350. Total: SEK 13,116.
Want to get more payday loan offers?
Payday loan provider
If you have an income of at least NOK 120,000 gross a year and are over 18, you can let the banks compete for you. Centum Finans is an intermediary, a payday loan intermediary, who free of charge contacts up to 21 banks and lenders on behalf of you with your application. This allows you to compare interest rates and payday loan amounts on actual payday loan offers at ease. Each offer is valid for 30 days. With Centum Finans you can borrow from NOK 5,000.
Interest rate example: Effective interest rate 14.14%, SEK 170,000 / 10 years, Cost SEK 137,463. A total of SEK 307,463.
Only small consumer payday loans
Note that only small consumer payday loans are available to students. In other words, if you live with a regular student income and do not have more than NOK 200,000 in annual gross income. If this is the case, you can compare and apply for all consumer payday loans listed here .
More and more students resort to consumer payday loans
E24 writes on March 15, 2017 that an increasing number of students resort to consumer payday loans. 70,000 have applied for such payday loans. 28% state that they have used payday loans or credit cards to pay basic goods. Low student payday loans are pointed to as the main driver of this trend.