We fully understand that it is not everyone who can afford to put hundreds of dollars aside every month for an emergency saving. And we also understand well if you don’t feel you have enough in the account to cover the huge dental bill you just didn’t expect this month. Despite the fact that we all ought to be better at saving, it is in fact the very few Danes who have a real emergency saving for critical situations. If you are one of them, here we will take a look at what you can do.
If you are in a situation where you need a small amount, the cheapest and best thing you can do is borrow through your family if possible. Keep in mind that mixing economy with family and friends can quickly become a mess, so if you choose to borrow through one of your loved ones, we strongly recommend that you make sure you can repay the amount within a reasonable period of time. Of course, before you borrow money through your family, it is also a good idea to consider their situation – if you feel they may not have the greatest freedom in their finances, it might be a stupid idea to ask when you run the risk that they themselves sit in difficult economic situations because they feel they are obliged to help you.
Borrow money to your family
If you therefore do not have the opportunity to borrow via the family but are in need of money now and then, you can advantageously take a look at the web – here you will find both the ordinary regular loans but also SMS loans mobile loans where it is possible to borrow one smaller amounts for a smaller period. These SMS loans differ from ordinary internet loans, as it is usually not possible to borrow the largest loan amounts – in fact, it is not abnormal if you are not granted a loan of more than DKK 10,000. The relatively low loan amount is due to two things:
– A sms loan is a quick loan, where rarely are the big demands placed on you as a borrower. This means that in the vast majority of cases you will have the opportunity to borrow a loan without having to provide security for the loan or put your property on a mortgage. Since you do not have to document the loan, it is usually not possible to borrow more than 10,000 kr.
– If you take out a SMS loan, you must expect that you will have to pay the amount relatively quickly. As a rule, the maturity of a SMS loan is around 4-6 weeks, and it is very important that you comply with your loan agreement to avoid financial problems.
If you need to borrow a larger amount, there are of course plenty of opportunities to borrow on the web – you should therefore always make yourself the service of carefully examining the loan market to ensure that you have found the cheapest loan for you.