The LoterBank personal loan is an installment loan that can be used to finance all kinds of things. This is a credit to finance a personal project. This can involve borrowing money to throw a large family party or to realize an unforgettable wedding. Or the money can be used, for example, to pay for the move from one house to another house. There are many more projects for which the money can be borrowed. The money can also be spent on other personal expenses. It is important in this regard that there is no need to account for the loan objective.
| Lender | Information | Max. Loan | To request |
 | Review | $ 200,000 Interest (APR) 4.99% | |
 | $ 100,000 Interest (APR) 4.95% | ||
 | Review | $ 50,000 Interest (APR) 3.99% | |
 | Review | $ 15,000 Interest (APR) 9.5% | |
 | Review | $ 75,000 Interest (APR) 4.85% | |
 | $ 70,000 Interest (APR) 5.57% |
Loan from $ 1,250
The LoterBank personal loan can be taken out from an amount of 1,250 US dollars. That means that there is also to finance small projects. If you have a larger project in the pipeline, you can of course use the option to borrow a larger amount. It is possible to borrow an amount of up to 35,000 US dollars with a personal credit regardless of the project. There is also a minimum term and a maximum term. The minimum term for this form of credit is 12 months and the loan must be repaid within a maximum period of 60 months.
Three steps to a credit
It only takes a few steps to obtain a LoterBank personal loan. Of course, the most important thing is what amount is needed for the project and what can be borrowed on the basis of your own income and expenses for fixed costs. It is true that there must be financially responsible borrowing based on the available budget. This is also taken into account in the application at the time of the assessment of the file. In any case, the amount that you want to borrow can be calculated. You can then also determine the number of months within which you wish to pay off the amount. The simulation provides the opportunity to see the outcomes for different maturities per monthly payment or per loan amount.
File assessment
When there is a favorable outcome of the simulation for a personal credit, that outcome can serve as the basis for applying for a LoterBank personal loan. The application can be submitted online. The advantage of this lender is that the file is assessed, after which an initial answer is immediately given online. Then things can go quickly, because if the file is approved, the contract will follow by post. After signing and returning the contract, the money will be deposited into the account. After that, there is plenty of room to finance the project with the available money. Of course, account must always be taken of the fact that borrowing costs money in the form of interest, which is reflected in the annual percentage rate.