A free loan is a financing solution offered by kreditet that allows customers to borrow money without having to justify the use of the funds. Unlike earmarked loans, unrestricted loans offer great flexibility of use, whether to finance a personal or professional project, carry out renovation work or consolidate debts.

What is a loan?

By definition, a loan is a banking transaction in which the borrower asks a financial institution to place a specific sum of money at his disposal. In the case of a loan, the financial institution defines the terms and conditions in advance.

To this end, the lender requires the borrower to repay a series of charges included in the amount borrowed. In most cases, the banking operation includes interest associated with the monthly instalments, depending on the APR (Annual Percentage Rate) applied.

kreditet: The ideal option for borrowing money with confidence

Borrowing money with kreditet is the simplest way to lend money, outside the traditional banking business model. Likewise, the digital platform’s vocation is to provide borrowers with transparent financing, in line with the French Consumer Code.

To make borrowers’ financial security even more secure, all consumer loans are offered at fixed, amortizing rates, with no hidden fees. Similarly, the digital platform excludes revolving loans from its range of consumer credit products.

To meet the widest possible range of needs, loans are granted to finance multiple personal projects, with no need to justify the nature of the expenses incurred. Simplicity and efficiency are the watchwords of the digital platform.

Whether your life project involves a need for money ranging from 1,000 euros to 50,000 euros, anyone can start a personal simulation. The high-performance analysis of the borrower’s profile quickly guides the user towards a low-rate loan offer. The digital platform is convinced that borrowing at the right price is not an option, but rather a right.