MyLoan24, a subsidiary of Karman Connect A/S, has established itself as a prominent online loan comparison service. Founded in 2014, the company has dedicated itself to enhancing the transparency and fairness of the loan market. By leveraging its in-depth knowledge and expertise in the loan industry, MyLoan24 guides customers in selecting the most suitable loans, thereby saving them time and effort.

Offering a diverse range of loan types, including Short Term, Long Term, Personal, and Car loans, MyLoan24 caters to various financial needs. Customers can borrow amounts ranging from 5,000 to 500,000, with repayment periods extending from 12 to 180 months. The interest rates vary between 2.04% and 24.99%, ensuring options for different financial situations.

MyLoan24 stands out by collaborating exclusively with selected and verified loan providers, ensuring fair lending practices. Their service is free of charge, maintaining transparency and trust in the loan comparison process. Customers benefit from a streamlined overview of loans, allowing for quick and secure online applications.

To illustrate, consider a loan scenario with MyLoan24: borrowing 175,000 DKK with an 11-year term. The annual percentage rate (APR) stands at 7.45%, with a variable debtor interest rate of 7.00%. The establishment costs are 1,750 DKK, leading to an expected monthly payment of 1,924 DKK. Over the loan’s term, the total repayment amount would be 253,968 DKK.

MyLoan24 serves as a reliable intermediary, assisting customers in navigating the loan market efficiently. Their commitment to only featuring verified providers underscores their mission to promote fairness and clarity in the lending space.