Bankino is a financial service provider that offers a range of loan products to consumers. They provide loan amounts ranging from 10,000 to 500,000, with repayment terms extending from 12 to 180 months. The interest rates for these loans vary between 3.6% and 20.95%, depending on the applicant’s creditworthiness and other relevant factors assessed by the bank.

The types of loans available through Bankino include short-term loans, long-term loans, personal loans, car loans, and mortgage loans. This variety ensures that potential borrowers can find a loan product that suits their specific financial needs.

An illustrative example provided by Bankino shows a loan of 250,000 DKK at a 7.00% variable interest rate. The total cost of this loan, after including all fees, amounts to 301,968 DKK over the agreed repayment period, showcasing the financial commitment required from the borrower.

Bankino’s platform enables customers to receive loan offers from up to 17 banks after submitting a single application. This process is designed to facilitate the comparison of different loan offers, helping consumers to make informed decisions. The service is offered at no cost to the applicant, emphasizing Bankino’s role as a comparison service rather than a direct lender.

The objective of Bankino’s service is to provide consumers with a comprehensive overview of their loan options, allowing them to compare terms and select the most suitable offer based on their financial situation. This approach aligns with the needs of individuals seeking to consolidate debts or obtain new financing, offering a streamlined and efficient way to assess various loan products.