Best Online Loans In Spain

Compare the best options on the market and choose the one which best adapts to your day-to-day needs.

Further Below: Our Guide To Online Loans in Spain, Everything you need to know.

Try Our Loanfinder

✔️ From 1,000€ to 50,000€
✔️ Available for almost any purpose
✔️ Free and unbiased platform
✔️ Fast process, get the best offers

Fundgecko Loanfinder

Our Rating: 9.5/10

Best Fast Loan, within 10 minutes

✔️ Microloan up to 1000€
✔️ Excellent conditions for up to 4 months
✔️ Signup & recieve money within 10-15 mins
✔️ Low fees, just avoid late payment


Our Rating: 9.2/10

Best Spanish Loan Provider Overall

✔️ From 1000€ to 50000€
✔️ Available for almost any purpose
✔️ Great for clients with a stable income
✔️ Fast process, money in 2-3 days
✔️ Website not in english, but with english support

Younited Credit

Our Rating: 9.1/10

Best for Small & Quick Loans

✔️ Borrow up to 300€ quickly
✔️ With account history, up to 1000€
✔️ Very transparent and user friendly
✔️ Great loan conditions, without much small print


Online Loans in Spain, All You Need To Know:

Find out how to get money fast in 15 minutes with this type of credit. We help you to easily find out how they work, the best current offers of mini-credits and what to take into account to hire them.

Quick Summary:

  • With the online mini-credits, you can get up to 300 euros in the first application
  • They are used for specific economic emergencies
  • Generally, they are reimbursed in one month and in a single payment
  • The application for the mini loans is online, without paperwork and in just 10 minutes
  • It is only advisable to request them being sure that we will be able to reimburse them without problems

What are mini online loans and how do they work?

Mini-credits are financing products known as personal loans that arrived in Spain during the 2008 crisis. Their current function is to provide extra solvency to those people who do not have savings to quickly face an unexpected timely payment.

One of the most outstanding aspects of these loans is the speed, since we will be able to obtain the mini credits immediately, in less than 15 minutes. This happens thanks to the fact that the application, signature and granting of the mini-credit is completely online and with hardly any paperwork.

With them we will be able to get up to 300 euros if we are new clients and up to 1,000 euros if we have already repaid an old one without any problems. The return period of the mini quick credits does not exceed 30 days and their return is made in a single payment.

The average price of these credits is 1.1% per day, although the easiest formula to compare and estimate their cost is to calculate the price of 100 euros lent for 30 days.

What we should know about mini-credits

  • They serve to finance specific contingencies
  • They offer up to 300 euros to new customers
  • We have 30 days to reimburse you
  • Granting the money in 15 minutes
  • More expensive than other types of credits

When is it advisable to apply for online loans?

A mini credit online is an alternative to get money quickly in a very comfortable and simple way in case of economic emergencies. However, it works very differently from other types of consumer credit. For this reason, it is important to know how it works and in what situations applying for it is beneficial.

YES, it is advisable to apply for mini-loans if/if not:

✔️ It’s a one-time expense
✔️ It is for an urgent contingency
✔️ We can reimburse you without problems
✔️ We do not solicit on a regular basis
✔️ We know how much we have to pay
✔️We know how they work
❌ It is a regular or habitual expense
❌ The purpose is not urgent
❌ We are not sure we can return it
❌ We would like to request them on a regular basis
❌ We do not know how much we will pay
❌ We don’t know how they work

Taking into account these parameters we will be able to evaluate according to our economic situation and the need for which we require the cheap online mini-loan whether or not we should apply for it or if it is a measure that suits us.

How much money can I get with mini-credits?

With the instant mini loans we will be able to obtain small amounts of money to solve small contingencies urgently. For this reason, the amount of these loans is much lower than that of other financial products and, furthermore, varies according to our relationship with the entity.

New Clients:
Up to 300 euros

Existing Clients:
Up to 1,000 euros

The lack of background of our behavior as borrowers makes the entity does not know us and we can not access a higher amount

We have applied for and returned a mini-loan before without problems, so the lender knows that he can trust us and will allow us to get more money

Some mini-loan institutions also have loyalty levels where we can get more and more money at a lower interest rate as we apply and repay the previous application.

Requirements to access the online loans

When granting small amounts of money, the conditions of online mini-loans are less demanding than those required by other entities that grant large amounts of money, although it will be mandatory to comply with a minimum number of conditions to be able to access this type of financing:

  1. To have an income. It will be essential to have a monthly salary as a payroll and that we receive it periodically and over time.
  2. Be of legal age. Although by law there is a minimum age of 18 years to access a financial product, many entities ask to be over 21 or 25 years.
  3. Be a resident in Spain. To certify this, you must send a copy of your identity card, DNI or NIE. Immediate mini credit entities do not lend to people who do not live in the country.
  4. Not have outstanding debts or unpaid debts with other lenders or banks and be listed in ASNEF.

In order to analyze if we comply with these requirements and thus be granted the mini-loan, we must fill out an online form so that the lenders know our profile.

Documents to be submitted when requesting an online loan

The documents that these companies will request are simple and can usually be sent by uploading directly to the online form or by e-mail by scanning them or sending a photo. These are the documents that we must have ready to ask for a mini loan:

  • Valid identity card.
  • Last paycheck or income received (sometimes you can ask for the last three)
  • Bank statement showing the holder and the account number.

Many companies currently use mini-credits with Instantor to avoid this step. This is an online identity verification application that will analyze our bank details to avoid sending any kind of paperwork and make the application process faster.

How to take out mini loans online step by step?

Steps to contract a mini loan

  1. Choose amount and term
  2. Fill in the form
  3. Send the documentation
  4. Read and sign the contract

Online mini credit companies make money quickly to their customers, with a process that can take less than fifteen minutes. Thanks to your completely online application and automatic data analysis, we can get mini-credits without payroll without any problem and in only four steps:

  1. Request the amount and the deadline for repayment. We will specify what amount of money we want and how long we plan to return it.
  2. Fill out the application form. In the next screen we will have to fill in the blank fields with our personal data: name and surname, ID, date of birth, mobile and address, among others.
  3. Verification. Through Instantor or another online verification system, the lender will verify that our data corresponds to our bank account and will evaluate our financial profile based on the movements that appear. If everything is correct, they will approve our application and we will move on to the final stage.
  4. Read and sign the contract. They will send us the contract by email and, after verifying that our data is correct and making all the pertinent checks, we will sign electronically through a code that will be sent to our cell phone.

Once the entity has the signed contract, the contract will be formalized and they will give the order to transfer the money requested to the account number we have detailed.

About this page, our methodology

What this page is for: our goal is to help you get the best financing for your needs. Therefore, here we explain you what credits with payday guarantee are, how you can compare them to know which one suits you and which offers are the most attractive right now.

Source: the information regarding the main characteristics of payday loans and their current regulation comes from Law 16/2011 on consumer credit contracts among other reference portals.

Methodology: the data relating to the conditions of these products (amount, term, interest, etc.) have been obtained through online research and consultation of the official statistics of the aforementioned reference sources.

About FUNDGECKO: we are an online comparator specialized in personal finance and home economics products. Here you can, in addition to comparing the conditions of all offers, find quality information that will help you identify the payday loans that best suit your needs.

Note: the services we offer are totally free for the user, as FUNDGECKO obtains its income from advertising and its featured products.

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