Message loans are one of the loan institutions that can help if you want to take a micro loan or an SMS loan but unfortunately have payment remarks. They have a ceiling of a maximum of 6 notes so they agree to lend money. However, your debt balance must be repaid to the Crown Magistrate.
The micro loan offered by Message Loans starts at USD 500 and extends up to USD 10,0000. The maturity varies depending on the size of the loan and is between 15 and 90 days.
One thing that may be good to know is that it is free to submit an application if you do so through the Message Loan web form. If you choose to borrow money instead by sending SMS to them, there will be an additional cost.
Conditions for borrowing
Otherwise, they have standard standard rules for loan applications. This means, for example, that you must be 20 years old, have a public mobile phone number and need an income that is large enough to handle the repayments.
As mentioned, it is possible to borrow even if there are active payment notes. But there must be no debt balance at Kronofogden. You must also have been registered in Sweden for more than a year.
When can you borrow?
You can only have one loan at a time with Message Loans. When a previous loan has been repaid, you can submit a new application.
An application can be submitted at any time of the day. But it will only be processed during the hours that the customer service is open. How quickly the money then enters the account is determined by which bank you have your account with and when you get your loan approved.
Announcement loans offer the following types of loans:
- Micro loans online up to USD 10,000.
- SMS loans up to USD 10,000.
- Ability to borrow money even if you have payment remarks.
If you find that Message Loans may be something for you, you can proceed directly to their website. Here’s even more information about different types of loans, interest rates and fees.