Does the month take just a little too long so that you have a balance dip? That is very annoying but you are not the only one who suffers from a balance dip at the end of the month. The holidays or the holiday can be just a little more expensive than you had estimated. Nowadays more and more people take out a mini loan to get rid of a balance.
Solve balance dip
It can happen to anyone looking at your bank account and you have a little less money to spend. It is best to avoid a balance dip, but despite the fact that you are handling your money well it can happen that you get a little cramped. By doing something more economically, it is of course always possible to prevent such a situation. But it will happen to you that an unexpected invoice falls on the mat. For many people these extra costs are not easy to cough up. The result is that people get cramped.
Eliminating a balance dip by taking out a mini-loan is already a familiar phenomenon for many people. In addition to applying for a mini loan, you could also ask family or friends to borrow money. Borrowing money always costs money, you will have to take that into account. If you are going to borrow money through a mini loan, this is often cheaper than standing in your bank’s red.
How much can I borrow?
If you nevertheless decide to take out a small loan, you naturally want to know “How much can I borrow?” If you take out a mini loan, you cannot borrow more than 1000 euros. The minimum amount is 50 euros. The name mini loan therefore says enough about the amount of the loan. 1000 euros will in most cases be enough to eliminate the balance dip. The term for a loan of 1000 euros is usually 45 days. If you are going to borrow smaller amounts, the term will also be a lot shorter.
If you regularly find yourself tight at the end of the month, you may have to review your expenses.