For what period can I take a cash loan?

Probably cash loans are the most popular way to get extra money that will allow you to finance sudden expenses. However, for what period it is best to take a cash loan so that it is the most profitable, but also that it does not burden your budget too much.

In most banks you can take a cash loan for min. 3 months, and its maximum duration is up to 10 years.


Loan period and creditworthiness

Loan period and creditworthiness

The loan period has a huge impact on your creditworthiness. After all, the cash loan installment you choose cannot charge your monthly budget. That is why sometimes the choice of a longer loan period will be much better – thanks to this, the monthly load will be lower and the chances for a cash loan will increase.

On-line cash loan

Online cash loan

You can find online cash loans on the market from most banks on the market. The period for which you can get such a loan usually does not differ from those taken at bank branches.

Early repayment of cash loan

cash loan

Typically, banks allow for early repayment of the loan . However, don’t forget to check your credit agreement to see if the bank will charge you an additional fee. It is worth paying attention to this already when signing the contract with the bank.

Cheap cash loan

Cheap cash loan

The cheapest cash loans are, of course, the ones you take for the shortest period. The longer the repayment period, the more you pay for it. In addition, it’s good to know that if you apply for a small amount for a short period of time, you’ll be able to apply for a cash loan without earnings statements.

If you don’t know how to get the cheapest cash loan, it’s best to compare credit products prepared by banks. You can do it using a comparison tool, there you will also compare cash loans without BIK.

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