Updated September 28, 2026 · BorrowCue Editorial Team
Easy Credit vs Smava
Where Easy Credit and Smava differ
| Compare |  Easy Credit |  Smava |
|---|---|---|
| APR | 47.85% | -0.4% to 19.9%Lower |
| Loan amount | €150 to €9,000 | €1,000 to €120,000Higher |
| Term | 6 to 36 months | 6 to 120 monthsHigher |
| Credit check | Hard | Soft prequal |
| Funding time | Up to 24 hours after approval | Within a few working days; with digital account check and video ident some banks disburse the same day |
| Representative example | Изи Кредит: 200 EUR, 24 weekly instalments of 9.14 EUR, 6 months, total repayable 219.36 EUR, nominal interest 39.00%, annual cost 47.85% | Ratenkredit: EUR 50,000 net loan, 60 months, 8.70% effective annual rate, 60 monthly instalments of EUR 1,022.73, total EUR 61,363.57, Vereinigte Volksbank Raiffeisenbank eG |
| Lender type | Direct lender | Marketplace |
| Free early repayment | YesHas it | No |
| Eligibility | 18 or older, permanently resident citizen of Bulgaria, valid ID card | At least 18 years old, main residence in Germany, current account at a German bank, regular income, sufficient creditworthiness |
| Loan types | Personal, Guarantor, Secured | Personal, Car, Debt consolidation, Business |
| Arrangement fee | Not confirmed | 0 EUR |
| Credit needed | Not confirmed | Fair |
| Use cases | Not confirmed | Home improvement |
Same on both: Rate type (Fixed).
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Key differences
- Founded is lower at Easy Credit: 2005 vs 2007.
- APR is lower at Smava: -0.4% to 19.9% vs 47.85%.
- Free early repayment: only Easy Credit.
- Loan amount is higher at Smava: €1,000 to €120,000 vs €150 to €9,000.
- Term is higher at Smava: 6 to 120 months vs 6 to 36 months.
- Support channels: only Easy Credit offers Chat.
- Support channels: only Smava offers Email.
- Loan types: only Easy Credit offers Guarantor, Secured.
- Loan types: only Smava offers Car, Debt consolidation, Business.
Our verdict on each
Easy Credit
Easy Credit is a Bulgarian direct lender offering personal, guarantor and secured loans of €150 to €9,000, and it suits borrowers who want a fixed rate, free early repayment and money Up to 24 hours after approval.
Smava
Smava suits German borrowers who want one comparison across personal, car, consolidation and business loans, plus home finance, without paying a setup fee. It scores 6 overall, with -0.4% to 19.9% on loans and 3.2% on home finance, but early repayment is not free.
Score breakdown
| Area | Easy Credit | Smava |
|---|---|---|
| Cost | 8.7At 47.85%, the annual rate sits far above the 12% site median on personal loans, so cost scores low. | 9.1Higher |
| Offer | 8.9 | 9.1HigherAmounts of €1,000 to €120,000, rates of -0.4% to 19.9%, no origination fee of 0 EUR and same day funding. |
| Trust | 9.1Higher | 8.5 |
Where they rank in our lists
| Ranking | Easy Credit | Smava |
|---|---|---|
| Personal loans | 799 of 1920 | 122 of 1920 |
Availability and regulation
| Country | Easy Credit | Smava |
|---|---|---|
| Bulgaria | Not confirmed | |
| Germany | Not confirmed |
Additional countries for Easy Credit: 1. Additional countries for Smava: 1.
Ranges side by side
| Fact | Easy Credit | Smava |
|---|---|---|
| Loan amount | €150 to €9,000 | €1,000 to €120,000 |
| Term | 6 to 36 months | 6 to 120 months |
Every fact side by side
| Fact | Easy Credit | Smava |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Not confirmed | Same day funding |
| Legal entity | Izi Asset Management AD (Изи Асет Мениджмънт АД), EIK 131576434 | smava GmbH (HRB 97913, Amtsgericht Charlottenburg) |
| Headquarters | Bulgaria | Germany |
| Founded | 2005Lower | 2007 |
| Support channels | Phone, Chat, Help centre | Email, Phone, Help centre |
Mortgages
| Fact | Easy Credit | Smava |
|---|---|---|
| Initial rate | Not confirmed | 3.2% |
| APRC | Not confirmed | 3.2% |
| Fixed period | Not confirmed | 10 years |
| Maximum loan to value | Not confirmed | 110% |
| Product fee | Not confirmed | €0 |
| Purpose | Not confirmed | Purchase, Remortgage |
Where each stands against the rest
| Fact | Easy Credit | Smava | Median |
|---|---|---|---|
| APR | 47.85%highest quarter | -0.4% to 19.9%lowest quarter | 8.99% |
| Loan amount | €150 to €9,000below the median | €1,000 to €120,000highest quarter | €40,000 |
| Term | 6 to 36 monthsbelow the median | 6 to 120 monthshighest quarter | 60 |
Median across 1152 listed lenders.
Pros and cons
Easy Credit
Pros
- Fixed rate on every loan (fixed), so instalments hold steady across the term.
- Funding Up to 24 hours after approval, and free early repayment if you settle sooner.
- Regulated by the Bulgarian National Bank as a non-bank financial institution, licence BGR00009.
Cons
- Cost is the weak point: the annual rate is 47.85% against a site median of 12% on personal loans.
- The credit check is hard, so an application can leave a mark on the credit file.
- Loan sizes run €150 to €9,000 and terms 6 to 36, so it cannot cover a large, long borrowing.
Smava
Pros
- Loan amounts run €1,000 to €120,000 with terms of 6 to 120
- Loan types cover personal, car and debt consolidation in one comparison
- A soft prequalification credit check (soft prequal) means you can check rates before a full application
Cons
- Free early repayment: no, so paying a loan off early carries a cost
- Credit needed is fair, and eligibility also requires a German bank account and regular income
- A marketplace, so the rate you get depends on which partner bank responds and the final offer comes from them
Who each suits
Easy Credit
Who it suits
- Bulgarian residents with a valid ID card who need a loan of €150 to €9,000.
- Borrowers who want a fixed rate and can clear the debt early without charge.
- Anyone who needs the money Up to 24 hours after approval and can plan around the weekly instalments.
Who should look elsewhere
- Borrowers chasing a low rate: Monzo Flex lists 10% to 23%, well below the 47.85% here.
- Readers wanting a free comparison point: Cashspace ES shows 0% against this lender's 47.85%.
- Readers comparing across markets: Cashspace runs PHP 12 to PHP 36 in a different market and a different product type.
Smava
Who it suits
- Adults in Germany with a current account at a German bank and regular income
- Anyone consolidating debts, funding a car or improving a home who wants to compare offers rather than one lender
- Borrowers who want a fixed rate over 6 to 120 on a personal loan
Who should look elsewhere
- People who want to repay a loan early at no cost
- Borrowers without regular income or a German current account
- Anyone needing a variable-rate loan, since the model is fixed rate
Current offers
Smava
Current offer
Bonus
500 EUR Amazon.de voucher on taking out a loan: 500 EUR Amazon.de voucher
Loan of at least EUR 30,000 concluded via the 'Zum Kreditvergleich mit Gutschein' button only; voucher sent by email after the 14-day withdrawal period has passed; restrictions apply per amazon.de/gc-legal
Source, checked September 26, 2026
Discount code
Cheaper-goes-does-not-exist guarantee: One-off compensation of the difference if a comparable domestic bank offer is cheaper
Applies to loans brokered via smava; amount follows the offers received in the smava credit comparison, stated without hidden conditions
Source, checked September 26, 2026
Country by country
| Country | Easy Credit | Smava |
|---|---|---|
| Bulgaria | Yes | No |
| Germany | No | Yes |
Questions about each
Easy Credit
What rate do I pay on an Easy Credit loan?+
Easy Credit publishes an annual rate of 47.85%. Its representative example is a small personal loan repaid in weekly instalments, and the annual cost there is the same figure. What you pay weekly depends on the amount and the term, so treat the example as a guide.
How much can I borrow, and for how long?+
Loan amounts run €150 to €9,000 and terms run 6 to 36, which suits a small purchase or a bill rather than a large renovation. The top of the range sits above the site median of €876.96 and the bottom well below it, so the spread is wide.
Smava
What does Smava charge for setting up a loan?+
There is no origination fee on the personal loan: the arrangement fee is 0 EUR, and the product fee is €0. What you pay instead is interest on the borrowed amount, which is priced at -0.4% to 19.9% for your own profile.
How much can I borrow and over what term?+
Loan amounts run €1,000 to €120,000, and terms run 6 to 120. The rate model is fixed, so the figure you are offered is set at the start and does not drift with market moves.