A small payday, up to PLN 300, should be reached only when we really have no other option to repair the state of home finances, and the expenditure we have to cover cannot be postponed. This applies, for example, to bills for multimedia, electricity, gas or water or installments for credit, rent, school fees, etc. Then taking a payday loan will allow you to maintain financial liquidity and avoid the unpleasant consequences of delay. However, there are two things to keep in mind. First of all, such a solution should be one-off, i.e. we do not take payday loans to regularly repay a loan in a bank, but only to cover a given expense. This is the easiest way to a spiral of debt. The second condition is full awareness that a small loan is also a liability that must be paid back in accordance with the contract.
Loans from 50 PLN
On the Polish non-banking market, loan offers start from just PLN 50. That’s all Wong proposes. We have up to 60 days to commit, and the loan – regardless of the amount that will be awarded to us – will cost us only PLN 10. For example, by borrowing PLN 300 we will give PLN 310. This promotion applies only to the first loan. Most lenders set a lower threshold of PLN 100. This group includes Viloan, Maruie, Crediten, ProCredit, Zissen and Fast LS. If we refund the payment within 1 to 30 days of the conclusion of the contract, it will be free. Similarly, the first loan at 0 percent. is available at Kapreska, Martun Bank and PLCoin, but here we have 15 or 30 days to commit. The same repayment period applies in the Lus Loan, but we have to borrow at least PLN 150. In turn, Wise Money requires application for at least PLN 200 for at least 5 days.
Maybe from your own pocket?
Before you decide to apply for payday loans online, it’s worth taking a look at your home budget and expenses for the next month or two. It may turn out that at a given moment we can give up e.g. a family trip to the mountains (the trip can be postponed to a later date), purchase in an online store, go to a restaurant and dining out in the city, or save on passes or subscription for a specific service. With good financial management, we can make up for the missing amount, and thus not take on the risk of not paying the payday loan on time. In the event of further financial problems, the commitment may be a heavy burden.