Small loans of small amounts have now become in great demand, testifying to how much consumer habits have changed during these years of financial crisis. If before, in fact, the customer turned to credit institutions or financial agencies to meet needs such as the purchase of the car, the renovation of the property or medical expenses of a certain entity, today we are increasingly in the need to request small amounts to meet primary daily needs: for these amounts it is certainly convenient to contact banks or online financial companies to speed up disbursement times and in most cases also the costs of financing.
The speech inevitably becomes more complicated if you want a higher figure than the maximum one governed by the consumer credit regulation (set at 30 thousand USD), as in the case of a loan of 40,000 USD. For these figures, obtaining a free loan estimate using the web, to get a clear idea of the installment to be paid, becomes a little more complex.
We analyze below the possible ways to take.
Comparator sites: how to get a free quote
The comparator sites are very useful in order to find the loan that provides the lowest installment, since they greatly facilitate the research phases and above all allow you to simultaneously compare the solutions that the various Credit Institutions offer, giving the possibility to have a complete overview of the ‘instant.
In order to obtain a free estimate, simply enter the data that is requested and fill in all the fields of the forms that are found: amount requested, duration of the loan, income capacity, purpose of the financing, contact information and personal data, such as the year of birth, the type of employment and the presence of other outstanding loans.
Once the information has been entered, a summary screen will present all the loans that correspond to the search criteria that have been provided. The list will be in ascending order and will show information on the lending institution, the interest rate applied and the amount of the monthly installment.
Specific simulator sites
On the websites of the various financial institutions, on the other hand, it is possible to obtain a real-time simulation linked, however, to the conditions offered by that specific credit institution, in order to assess the sustainability of the monthly installment to be obtained.
Among the most effective and immediate simulator sites we can report Lite Lender: very easy and intuitive to use. It is enough, in fact, to enter the purpose of the loan, the amount and the monthly installment that can be incurred to obtain in a few seconds a free estimate that will indicate the duration of the loan based on the reported installment (which however does not reach 120 installments), but with a maximum amount that can be requested up to $ 60,000. You can save the quote or, if necessary, send the request directly online, chosen on the basis of the most convenient installment to be reimbursed.
Many financial companies, on the other hand, allow the online installment to be calculated only up to $ 30,000, such as Spin Lender loans.