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Freo lowers interest on personal loans, even for lower amounts

Suyixinnl is going to collaborate with freo

December 1, 2020

As of December 1, Freo will implement an interest rate reduction on personal loans with various amounts. Freo is known as one of the cheapest lenders in the Netherlands. With this reduction, this position has been further strengthened.

A real price war seems to have broken out this year among lenders in the Netherlands. They are increasingly lowering their interest rates and are succeeding each other faster and faster. Until now, the struggle was mainly visible with the higher loan amounts, often from 50,000 us dollars. But Freo is now also lowering the interest on smaller loans as of December 1.

Interest on personal loans from Freo as of December 1

  • Personal loan between 10,000 and 15,000 US dollars from 5.2% to 5.0%
  • Personal loan between 15,000 and 25,000 us dollar from 4.4% to 4.2%
  • Personal loan between US $ 25,000 and US $ 50,000 from 3.8% to 3.6%

Merge Loans

For many people, Freo's interest rate cut is good news. For anyone with all kinds of small credits totaling more than $ 10,000, for example. Because the smaller the credit, the higher the interest. If you take out a personal loan with Freo via abdallahka.com, you can combine all those separate loans in one go. You are then released from those high interest rates and your monthly costs decrease. Let's calculate how much that saves you.

Lower monthly costs

Do you have an expensive loan elsewhere? Then this is the time to switch to a cheaper loan with Freo. Usually you can repay your existing personal loan or revolving credit without penalty. A switch is therefore easy to make. If you contact abdallahka.com, we will ensure that Freo arranges the new loan as soon as possible. That can be arranged in a few days. Your old loan is repaid and your new monthly payments are a lot lower.

Great purchase

Of course, the Freo interest rate cut also offers excellent opportunities if you are faced with a large purchase. Do you want to decorate your home with a new bathroom or kitchen ? Are you ready for a new car or are you looking for an adventure and do you buy a motorcycle ? Whatever your wishes are, you can often borrow money for this nowadays. While saving does not get along with the low interest rates.

Apply for a loan at abdallahka.com

Make your dreams come true and ask abdallahka.com what your options are to borrow money. We look for the loan that suits your loan goal and look for the loan with the lowest interest, from Freo or another lender. Contact us on 0318 - 88 88 88 or request a quote .

Written by:
  • Danny Lindeman
  • Senior Credit Specialist
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