Who does not know that: An unforeseen repair of the car becomes necessary, the washing machine suddenly strikes, or the long-planned vacation is much more expensive than originally calculated. Installment loans are becoming increasingly popular as a means of financing. There is a reason for that. While in the current period of low interest rates the savings hardly generate a good return with high interest rates, the interest rates on borrowings fall. As part of the credit check, the lenders always obtain credit record information about the prospective loan. A positive or neutral entry is mandatory for lending. Nowadays you…

In November, real estate buyers and house builders had to pay less for their construction loans than ever before: the standard rate – calculated for a loan of 150,000 dollars, two percent repayment, 80 percent loan expiry and ten years of fixed interest rates – is currently 384 dollars. The standardized value that Dr. Published monthly since 2009, makes mortgage lending comparable. For the first time, it was less than 390 dollars – ten years ago, in November 2009, the standard rate was 821 dollars, more than twice as high. Low mortgage rates affect real estate prices and affect the…

The end of a marriage is accompanied by many changes in life. Where previously there was a household, two households suddenly appear. The moving partner usually needs a number of new pieces of furniture to furnish their future home. In addition, there are costs for the move itself. Covering all of these costs from regular income often exceeds the financial capacity of people living in separation. A loan during the separation year, therefore, makes sense to bridge the first phase. Carry out the separation as mutually as possible There is rarely a separation in couples because only one spouse has…

The credit card is one of the means of payment that is used particularly often today. It is not only used to shop online. It is also particularly useful when traveling or for booking travel. It can also be worthwhile for students to get a credit card. Anyone who plans to spend an internship or a semester abroad, for example, can save money with a credit card and also avoid having to carry cash with them at all times.   The credit card itself is a real classic for payments abroad Simply give your credit card, signature and you can…

It is no longer just banks that can issue loans. Private individuals can also become lenders via special loan platforms on the Internet and thus help other people for whom a loan from the bank is not a good option. The special feature for the lender is the high returns: Depending on the project, far more than 7% interest can be earned here. No wonder that payday loans have been gaining popularity in Germany for years.   Lenders are on the Internet These portals work according to a simple principle: they bring investors and loan seekers together and usually collect…

  If special purchases are pending and there is no financial scope, borrowing is essential in many cases. In recent years, many banks have therefore refined their business models and offer loans for almost every purpose, specially tailored to the special needs of customers. So-called instant loans in particular offer borrowers a high degree of flexibility and are usually quick and easy to obtain.   An individual solution for every need The majority of all those interested in credit need the instant loan to fulfill a consumer wish. A new motor vehicle, a tasteful home decor or the long-awaited dream…

  SMEs are the pillar of the German economy and the driving force behind innovations. Almost 70 percent of all jobs are companies that are classified as medium-sized companies, and around 83 percent of all apprentices are trained in the companies. The spectrum ranges from a small handicraft business with two employees to an international company with triple-digit millions in sales. The industry relies on loans to finance ongoing business operations and to develop and position innovative products and services.   Worries about lending despite low interest rates Loans are extremely important for German SMEs. At a time when the…

  Loan total rises to record high, standard rate extremely low On average, borrowers raised USD 248,000 in April to finance their property – an increase of USD 5,000 for the second month in a row. As a result, the loan amount rises again to an all-time high. This is made possible for many by the extremely low interest rates, which are reflected in the standard rate . The rate is calculated for a loan of 150,000 dollars with two percent repayment and 80 percent mortgage lending. In April, it sinks to an almost historic low: at 426 dollars, it…