Cheapest non-bank loan for 12 months

Today it will be interesting, because as we entered the holiday season on the first day of December, it is worth taking a look at non-bank loan offers that can help us in a situation when the bank does not grant us the necessary credit.

Especially for you, I will check today where you can get a non-bank loan at the cheapest, so with the lowest monthly installment possible.

Non-bank loan for 12 months – where is the cheapest?

Non-bank loan for 12 months - where is the cheapest?

Of course, to check the best proposals for the cheapest loans, we must have a guideline and thus the loan amount and repayment period. As some companies have loan limits and do not grant more than PLN 3,000, I decided that this amount will be the guideline and the repayment period will be 12 months. So they have a specific goal ahead of them, I check which loan company will offer me the lowest monthly installments.

Undoubtedly, the cheapest non-bank loan offer at the time of my little test was offered by E-Money. It was in this company that the loan installment was the most advantageous and with the loan amount of PLN 3,000 and the repayment period in 12 monthly installments, the amount of the monthly installment was about PLN 371.

To apply for an installment loan in E-Money we must be at least 18 years old, so people who do not have a credit history and so have not taken anything on credit or in installments yet have a chance to get a loan. In addition, to obtain a loan, as in the case of two other companies presented here today, we will need an active bank account and a mobile phone. E-Money also places requirements regarding the lack of indebtedness in the registers of debtors as well as in BIK databases.

Loan and Credit occupies the second place

In my list of the cheapest non-bank loans. I will not brag about the fact that I had the opportunity to take a loan at Providence myself, because it actually took place, but at a time when their loans were not as affordable as today, so brag about it. Well, maybe because I didn’t have any problems with this company, on the contrary. Today, thanks to the fact that we can take out a loan online, these costs are much lower, so if you would decide to take out a loan at this company, remember to consider only the self-service loan offer.

If you are offered a home option, it is better to reject such an offer, because it is simply expensive to pay back. It is worth adding that Loan and Credit, apart from offering loans in the amount of PLN 3,000 with a period of 12 months, also offers significantly higher loan amounts with a repayment period of up to 12 months. The conditions for obtaining a loan are virtually identical to the above for Wongi in the case of an online loan.

In the case of Good Finance


The loan installments proposal was very similar to the installments of the two companies described earlier, but the company always emphasized that the final cost of the loan depends on the individual valuation. This means that only after submitting the application we get a specific proposal for the cost of the loan with accurate information on the amount of the loan installment.

We will be able to accept this offer or reject it if it does not meet our expectations. Currently, the company’s offer includes loans up to PLN 10,000 with a repayment period of up to 24 months. Similarly to the predecessors, chances for obtaining loans are people who are over 18 years old and do not have debts visible in registers and databases of debtors.

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