You can get a personal loan from several sources, each with different features: 1. Banks
- Banks offer personal loans with competitive rates, especially to existing customers.
- You may need good credit and sometimes an active account with the bank.
- Application can be online or in-person.
- Example: Wells Fargo offers loans from $3,000 to $100,000 with fast approval and funding, often the same day
2. Credit Unions
- Credit unions often have lower rates and more flexible terms, especially for fair or bad credit borrowers.
- Membership is usually required.
- Loan amounts tend to be smaller, suitable for minor expenses
3. Online Lenders
- Fast and convenient with online applications and quick funding, sometimes same or next day.
- You can pre-qualify to check rates without impacting your credit score.
- Rates vary widely depending on credit score and lender
4. Specific Lenders in the Netherlands
- Banks like ABN AMRO and ING offer personal loans with online application options
- Saldodipje offers online personal loans up to €1,800 with fast approval and funding within 24 hours, available to residents including expats who meet certain requirements like age, ID, income, and credit score
- Loan amounts in the Netherlands typically range from €2,500 to €75,000 depending on the lender
How to choose?
- Compare interest rates, loan terms, fees, and eligibility requirements.
- Consider your credit score and whether you prefer in-person support or fast online service.
- Use loan comparison tools like Geld.nl to find competitive offers in the Netherlands
In summary, you can get a personal loan from banks, credit unions, or online lenders both in the US and the Netherlands. For fast and convenient loans, online lenders or platforms like Saldodipje (in the Netherlands) are good options. For lower rates and in-person service, banks and credit unions are better choices
