Month: October 2019

As in any other industry, the credit market is subject to continuous development and corresponding Trends. However, this does not only mean the development of interest rates as such, but also the way banks calculate interest rates. This refers first and foremost to the interest rates that customers have to pay for a loan. While some years ago it was still common to offer a fixed uniform interest rate for a loan with no credit check or bad credit, it looks different nowadays. Anyone who observes the credit market attentively notes that more and more credit offers with a credit-related interest rate […]

A study by the USA Institute for service quality – in short: DISQ – confirms what has been regarded as a subjective finding among potential borrowers: online loans are often cheaper than loans concluded in the branch. This, in the context of the study, the knowledge and insight gained applies not only to installment loans from direct banks, but also credit the so-called branch banks. This was the result of the USA Institute for Service quality (DISQ). On behalf of n-tv, this company has tested the terms and consulting services for installment loans from 25 usa branch banks. This shows […]

If the so-called withdrawal Joker is mentioned, then it is usually meant, that borrowers from a running expensive credit in a much cheaper loan debt and thus save a few hundred euros per month. But there is another, equally interesting aspect: If you dropped out in the past few years, in advance of a credit agreement and a prepayment penalty paid, then you can get the money back from your Bank. And this is how it goes: suppose you completed a financing for the purchase of your own apartment in 2015. Then they probably agreed on a five percent interest […]