Instalment loans are often used for rescheduling or paying off other debts, for instance overdraft arrangements. In this case it is best to state the intended use of the loan in the application, something which is not required otherwise. This means that the bank will not consider instalments for the debt a borrower intends to pay off as a liability while processing and checking the financing request.

This increases a borrower’s creditworthiness and the probability that the bank will approve the loan. If the debt being restructured or paid off is not included in the loan appraisal process, the improved creditworthiness might mean more favourable borrowing conditions.

Der Beitrag Debt restructuring and refinancing of existing loans erschien zuerst auf BaugeldBoerse.

You have been living in your own house for several years. Maybe you consider renovating the bathroom, refurnishing your living room or making changes in your garden.

In this case we have good news for you: property owners can receive a housing loan at a reasonable rate without an entry in the Land Register. You can choose an amount between 5,000 and 50,000 euro and a loan period ranging from 24 to 84 months. The effective annual interest rate of 2.99% is the same for all customers.

In addition to your regular instalments, you can make special repayments without any limitation whenever you wish to do so. You can also pay everything back at once and cancel the loan contract free of charge.
As a property owner, this type of housing loan provides you with new financial flexibility. No bureaucracy, no Land Register entry, no additional provision of security. All you need to provide is a current proof of income and confirmation of ownership (Land Register extract or land tax notice).

We look forward to offering you advice.

Der Beitrag Housing loan erschien zuerst auf BaugeldBoerse.

With this type of loan you can fulfil your dream of buying a new car. Your advantage here as opposed to a financed purchase offered by the car dealer lies first of all in the more favourable conditions.

In addition, with a motor vehicle loan you can also buy a second-hand car. And last but not least, you will be seen as a cash payer, which will improve your negotiating position substantially with regard to discounts.

Your advantages:

Affordable: you will receive a TOP interest rate – the same for all customers – regardless of your creditworthiness
Fair: all you need is a copy of your purchase contract – you keep the motor vehicle registration certificate
Flexible: a loan increase for the next car is possible
Free of charge: no further costs are incurred
Fast: immediate preliminary check
Clever: buy your dream car as soon as the loan has been approved, but have the loan paid out only when the vehicle is actually ready for handover

Der Beitrag Motor vehicle loan erschien zuerst auf BaugeldBoerse.