Moneyarn Bank is a Norwegian bank, which started in 2006. They offer all common banking products such as loans, refinancing, credit cards and much more, and has 100,000 customers.
Here you can learn a little more about what Moneyarn Bank can offer you, and what advantages or disadvantages there are in choosing Moneyarn Bank as your bank when you are borrowing.
Consumer loans and refinancing at Moneyarn Bank
Of course, as one of its products, Moneyarn Bank offers consumer loans. Here you get the opportunity to apply for anything between $ 25,000 and $ 500,000. This is a wide range, which gives you lots of freedom and flexibility when choosing your loan amount. It’s always important not to borrow more than you really need. Then you can spend the money on something you really don’t need and you get an unnecessarily expensive refund. Keep track of your budget and find out what amount meets your needs before choosing.
You can get the following:
- Loan amounts between $ 25,000 and 500,000
- Repayment period from 1-15 years
- Loans without collateral
- Easy application in minutes
- Consumer loans for what you need
- Online signing of the agreement with BankID
You can choose a repayment period of anywhere from 1-15 years. A short down payment means, of course, that you get rid of the loan quickly. But it also means that you have a large amount to pay off each month. It may be advantageous to choose the shortest repayment period possible, since this will give you less interest and thus a cheaper consumer loan. But be sure that you are able to repay the monthly benefit so that you do not receive bad debts or payment notes.
Moneyarn Bank gives you the opportunity to get consumer loans
and you can even borrow without collateral. Searching the website is easy via an online form, and of course it is completely free and non-binding. Moneyarn Bank has a few requirements that you must meet if you are to be approved for a consumer loan:
- You must be 20 years of age
- You must have a minimum income of $ 250,000 a year
- You cannot have any payment notes
At Moneyarn Bank, you can also get refinancing, which is a new consumer loan, which you use to pay off old small loans and credit card debt. The new loan usually has better terms and lower interest rates, and in this way you can achieve a significantly lower monthly performance and avoid problems with the repayment of expensive loans.
Moneyarn Bank experience
Moneyarn Bank has been named Norwegian Champion of Bank NM for 8 years. This is undoubtedly a statement of trust, which is worth noting. They have a very good rating on sites like TrustPilot and today have over 100,000 satisfied customers. This indicates that Moneyarn Bank is a good and safe choice when it comes to various banking services.
Moneyarn Bank is a Norwegian bank and is therefore subject to Norwegian supervisory authorities. At the same time, they are members of the Bank Guarantee Fund, which ensures that customers are covered by the deposit guarantees that apply to Norwegian banks.
As mentioned, you get a great deal of flexibility through the wide intervals in both loan amount and down payment. This greatly gives you the opportunity to put together a loan, which meets your needs in the best way. Moneyarn Bank can offer you a relatively low interest rate, and you can apply without collateral. This gives you a cheaper loan and less risk, should you have trouble repaying the loan.
If you want to read more about the specific terms and conditions at Moneyarn Bank, you will find lots of information on the website. Here you can of course also apply for your consumer loan or refinancing.