Sometimes it is only small amounts of credit, such as USD 500, that are needed to bridge a short-term financial bottleneck.
A cheap online loan with a fixed debit interest rate and a fixed term (12 to 144 months) is the first choice because an overdraft facility is much more expensive. A 500 USD instant loan is paid out particularly quickly, but can be associated with extra costs, which is why you should take a closer look here. A credit comparison is worthwhile so that interest and the total loan amount are balanced in relation to the rather small loan amount and are as cheap as possible.
The minimum age to take out a loan is 18 years. A German place of residence and a secure, sufficient income, for example from dependent employment, self-employed or freelance work, through a pension or rental and lease income are necessary. In addition, good creditworthiness is important and applicants should preferably not have negative Credit Bureau entries.
For apprentices and students
For persons of legal age in dual vocational training or studying, it is possible to borrow small amounts corresponding to income. A co-applicant increases the chances. Special offers from banks offer cheap and tailor-made 500 USD loan terms for these target groups.
For the self-employed
Thanks to suitable offers, the self-employed and freelancers can apply for a USD 500 loan in installments without much effort and red tape. The last income tax notice is often sufficient as proof of income.
With a 500 USD loan, new furniture, furnishings, the new washing machine, dishwasher, television or computer, a short vacation, urgent car repairs and the rental deposit can be financed. Higher additional payments of the service charge settlement, expenditures for heating materials or an overdraft facility compensation can also be used.
What does a 500 USD loan cost?
How much interest is to be paid on a 500 USD loan depends largely on the term, which also determines the monthly installment. It also depends on whether the borrowing rate is credit-dependent or credit-independent. The annual percentage rate is the optimal benchmark because it covers the total borrowing costs. With the interest calculator you can quickly determine the cheapest loan.
500 USD personal loan
Good Finance’s USD 500 personal loan is an alternative to bank loans and offers good chances of being awarded even in difficult situations.
500 USD credit without Credit Bureau
The renowned online credit broker Lite Lender offers Swiss credit, which is also available from negative Credit Bureau.