The past decade has seen readily accessible means of consumers credit become more bountiful than perhaps ever. This straightforward access to loans allows consumers to overcome unforeseen expenses without hassle, endowing them with greater economic flexibility. However, it should be noted that some creditors are far from benevolent, meaning that it is important to scrutinize and compare loans before deciding on one – otherwise, you risk signing substandard loans with poor conditions.

Someone who found himself caught up in various exorbitantly priced loans was the train driver Magnus from Dalarna. Following a difficult separation from his partner of 20 years, Magnus entered into several credit arrangements with poor conditions and overpriced rates. At one point, Magnus was indebted more than 400,000 Swedish kronor and had a monthly payment of 10,202 kronor in total.

However, Magnus happened upon Sambla – a service for comparing and collecting loans. After entering his personal details and expressing his desire to collect existing loans on the Sambla website, Magnus’ case was handled by Camilla Neander, one of Sambla’s advisors.

”Magnus’ situation is in many ways a classical one. He has a steady job and a stable income, but he’s made some regretful decisions during a difficult time. Therefore, I immediately felt that we would be able to help him. Once we received the offers, one of them really stood out,” Camilla Neander recounted contently.

After submitting his application to Sambla, Magnus received a total of 7 offers from banks where he could collect his loans. Prior to this, Magnus had been paying an average monthly rate of 11.13%. After choosing the loan he felt suited him the best, Magnus was able to reduce this to 7.12% – reducing his monthly payment to a total of 5,711 Swedish kronor.

”I can wholeheartedly recommend Sambla to anyone. Lowering my monthly payments by 5,711 kronor has changed my life. It feels good to have a buffer for the future,” Magnus noted.