- Payday Loans

A personal payday loan for your digital devices

Usually a personal payday loan is an unsupported credit that can be used for any purpose for all your projects. New Bank stands out from the competition by offering a credit dedicated solely to the purchase of digital devices. By limiting the maximum amount allowed and reducing the maximum loan term, New Bank allows you to benefit from a better rate.

A credit reserved for digital devices

A credit reserved for digital devices

To replace your current computer with a newer one or with a laptop. To buy a trendy smartphone like an iPhone or a tablet to navigate comfortably … it’s the perfect financing solution. Thanks to the New Bank personal payday loan you can buy all your digital devices on credit without distinction. You will not be able to affect the amount so borrowed to pay for your vacation for example but to buy the digital camera that you take with you, no problem.

Maximum amount and reduced duration compared to traditional personal payday loans

payday loan

A “standard” personal payday loan makes it possible to borrow a sum ranging from a few thousand to several tens of thousands of euros over a period of up to 10 years in certain cases. For the New Bank digital loan the amount is at least 500 € and a maximum of 2,500 € for a repayment period of 3 months to 24 months (2 years) depending on your choice. These limits are consistent as it is a “made-to-measure” credit.

The result: a personal payday loan at the best rate!

By adapting its offer to a specific type of purchase, New Bank is able to offer an unusually low rate. To highlight it, we are going to compare the rate of the New Bank’s personal payday loan for all projects with digital credit:

Simulation of a personal payday loan all projects:

  • amount borrowed: € 1,250
  • duration: 12 months (1 year)
  • TAEG: 8.50%
  • Total repayment: 1.306,08 €

Simulation of a digital loan:

  • amount borrowed: € 1,250
  • duration: 12 months (1 year)
  • TAEG: 2.40%
  • total refund: 1.266,12 €

The result is unquestionable, a TAEG more than three times lower and a difference of almost 40 € for the total reimbursement in the context of this simulation. To learn more and simulate your credit online for free and without commitment, go to the New Bank website:

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