Cheap consumer credit: where to find your loan at a low rate?

It is easy to differentiate a cheap consumer credit from another whose interests are exorbitant, thanks to the APR rate. Comparing consumer credit offers, however, makes no sense if the request is refused. So we will see in this article how to make sure you get an immediate policy response at the best rate.

Cheap consumer credit: the golden rules

Cheap consumer credit: the golden rules

Cheap consumer credit concerns all loans not involved in a real estate project, including the repurchase of credits. We thus find the personal loan, the revolving credit, the new or used car loan or even the work loan. There are principles that should not be waived to ensure that you get cheap consumer credit.

  • Identify your need and the most suitable loan
  • Compare cheap consumer credit offers online, based on the APR rate
  • Make sure you receive an immediate policy response
  • Obtain a first favorable opinion, followed by a first contract without commitment

Online credit organizations offer consumer credit solutions without proof, to meet any need for money. There are also offers associated with a specific project, such as a car loan or a work loan.

The rates for these loans with defined projects are generally more advantageous, but must be justified with an invoice or purchase order. When it is a small loan of money – generally less than the 3000 $ credit – that is in question, then the renewable is most often adapted. It is not a cheap consumer credit, but it is both more flexible to use (re-use of money possible) and easy to obtain.

What is the APR rate?

The APR rate makes it possible to objectively compare all the consumer credit offers. This APR represents the cost of interest, but also all the ancillary costs that could be provided for in a contract (administrative or management fees). A cheap consumer credit comparator should only consider the best APR rates to rank the different loan offers.

Compare rates, the reflex to get cheap consumer credit

Compare rates, the reflex to get cheap consumer credit

Comparing the rates makes sense when one embarks on a search for cheap consumer credit. It is on the basis of the APR rate that it is possible to determine whether it is a cheap consumer credit or not. Our comparator regularly indicates very significant rate differences between two of the best online consumer credit offers. Illustration with the simulation of a $ 10,000 loan without proof of project over 36 months.


Personal loan $ 10,000 over 36 months
Fixed APR rate
Monthly fees
Total cost of credit
Best Credit Organization
294.45 $
600.20 $
Second best offer
301.78 $
864.08 $
Third best offer
302.51 $
890.36 $


There is a huge total cost difference – $ 264.08 in total – between the best consumer loan of $ 10,000 and the second. However, these are two organizations well known to the French.

Short repayment period = cheaper credit

In general, the shorter the repayment period, the lower the APR rate. Actors of cheap consumer credit actually tend to lend money more easily at advantageous rates to borrowers able to repay their debt quickly. Please note, however, that a consumer loan that is quick to repay implies necessarily higher monthly payments.

You shouldn’t race at the lowest rate, but rather make sure you get a loan that is easy to repay over time. The calculation of its monthly expenses deducted from the income gives a good idea of ​​its repayment capacity. Organizations verify this data: they will not grant cheap consumer credit when the risk of default is too high.

How to get cheap credit with immediate response?

How to get cheap credit with immediate response?

Our credit comparator is able to instantly question credit organizations, ensuring multiple responses without any delay. The objective of our tool is therefore twofold:

  • Offer cheap consumer credit (best APR rate)
  • Provide the borrower with an immediate response and a quick final contract

How to get a basic answer in a few minutes:

  1. Fill in your project (need for money, car credit, personal loan, etc.), the amount and duration of cheap consumer credit desired on our form.
  2. Indicate their personal information, which will be used by organizations to provide their policy response.
  3. Once the cheap consumer credit form has been completed, the specialist offering the best APR rate is directly questioned.
  4. In the event of a negative response or a low acceptability rate, the following two organizations can be queried in one click.
  5. The organization offering the best accepted offer will contact by email a non-binding credit offer within 24 hours.

Is the credit of banks or car manufacturers interesting?

It is rare for banks to be able to offer cheap consumer credit. Indeed, banks generally only offer advantageous credit terms to their best customers. The easiest way to make sure your banker doesn’t have an advantageous APR rate up your sleeve is to get an online credit proposal. It will then be easy to present the offer obtained online, hoping that it will be upgraded.

Manufacturers, too, do not have a monopoly on auto loans at the best rate. Certain special operations at promotional rates may prove to be advantageous. Again, the conditions will depend on the borrower’s repayment capacity. As in the case of bank credit, we always advise you to get a first offer of car credit at the best rate online before going to the garage.

Good to know: beware of the apparently advantageous LOA solutions offered by dealers. Our investigations have shown that an LOA formula is generally more expensive in terms of total cost than a conventional car loan.