In order to study the most advantageous online credit offers, we must distinguish according to the type of loan desired. The following results come from a comparative study and have been refined thanks to several other sites such as Lord Fantleroy.
Remember that the comparison between the various offers must always be made according to the TEG (total effective rate), and more specifically here the APR (annual percentage rate of charge) , which represents the actual cost of the contracted credit and not only the rate of interest.
It should also be noted that the vast majority of institutions offering online credit do not charge a processing fee.
As of August 29, 2016, the most advantageous offer for personal loans online is offered by Cafenoga , a brand that appeared in 1968 and has quickly established itself as one of the leaders in consumer credit. . For a personal online credit of € 5,000, she proposes a fixed APR from 1.79%. Thus, the actual cost of the loan is less than € 90. In comparison, most other qualified lenders offer an average APR of 2.73% or a cost of € 136.50.
If the lender Cofidis offers an interesting product for a short repayment term (2.92% APR), this is not the case if you want to calibrate your monthly payments over several years since the real cost of online credit flies correspondingly.
Detelam, represented by its famous little green man, remains an important player in this field. It has the main advantage of offering a quasi-identical APR (from 4.4%) for a repayment period of between 12 and 36 months. This detail is not insignificant if you wish to renegotiate the duration of your initial online credit agreement.
At the same time, online auto credit offers have an average APR of 2.73%. The simulation concerns an assigned loan of € 15,000 over a minimum period of 12 months. Most of the larger companies – Detelam and Cafenoga, among others – offer an APR from 1.79%, the lowest rate on the market. Beware of unpleasant surprises, some institutions offering a relatively low interest rate but a maximum APR of 4.40%.
As of September 12, 2016, online credit applications assigned to work achieved an average APR of 2.75%. The best offers remain, once again, the leading companies on the market: Detelam and Cafenoga propose indeed in TAEG of 1.79% for a borrowed sum of 15000 € repaid over 12 months. Once again, the maximum APR counted at the most popular institutions is 4.40%.