Lender
Northmill Bank
Bank. Nominal rate 7.90–21.90 %. Loans from 1,000 to 50,000. Compare the terms with the others before you apply.
Facts
| Nominal rate | 7.90 % – 21.90 % |
|---|---|
| Effective rate | 15.07 % – 31.73 % |
| Loan amount | SEK 1,000 – SEK 50,000 |
| Term | 5–72 months |
| Arrangement fee | SEK 0 |
| Invoice fee | SEK 0 |
| Payout | 2 h |
| Age | 20–79 yrs |
| Income requirement | SEK 100,000/yr |
| Payment remark | Yes |
| Enforcement | No |
| Credit check | UC |
| Customer rating | 4.1 of 5 · 3,800 reviews |
| Company reg. no. | 556709-4866 |
| Founded | 2006 |
| Owner | Northmill Group AB |
Products
Our verdict
- No fees at all
- Lowers your rate automatically as you keep up payments
- Paid out within a couple of hours
- Low maximum — SEK 50,000
- A short term raises the monthly cost
Representative example: SEK 50,000 over 5 yr at a nominal rate of 14.90 % gives an effective rate of 15.96 %. Total repayable SEK 71,212 across 60 payments of SEK 1,187.
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