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Installment loan – repay loans in installments

In an installment loan, the borrower repays the loan amount provided by the lender in the form of installments (installments) (see also Loan). These partial amounts usually consist of the repayment portion and the loan interest. With the redemption portion of the borrowed money is paid off, while the interest is to qualify as consideration […]

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Borrower receives loan from the lender

Borrower’s in terms of a loan The borrower is a natural or legal person who takes out a loan with a lender. The subject of a loan can be goods (trade credit) as well as money (money credit). In the case of a cash loan, the borrower borrows from the lender a certain sum of […]

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Apply for a wedding loan: cheap loans for the wedding

Application for cheap wedding loan The best day in your life can be financed with a wedding loan without a headache. Most brides and grooms know this, and the cost of flowers, cake, food, and the wedding dress can quickly become high. Suddenly, the planned expenditures are in the four- or five-digit range and usually […]

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Credit Loan: Better to use cheaper loans

The disposition credit (abbreviation “Dispo”), which is known in the general language as a dispo loan, represents a special form of current account credit. The disbursement credit is a current account credit, which private individuals are provided by credit institutions. Accordingly, it represents a consumer credit within the meaning of § 493 BGB. By definition, […]

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Reclaim credit fees or loan processing fees

Lawsuit for credit processing fees The decision resulted from a wave of hundreds of borrowers who had gone to court to reclaim the loan processing fees. After the pronouncement of the basic judgment, the complaint could now extend even further. In the years 2005 to 2013 processing fees amounting to up to 3.5 percent of […]

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Properties & Procedure of unserious loan sharks

The loan sharks Even if more people are killed by a falling coconut than by the bite of a dangerous shark, a shark – or even the thought of a shark – sets many people in fear and terror. The shark is dangerous, you just should not get too close! The situation is similar with […]

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Loans for the unemployed: instant loans despite unemployment

Unemployment loan from a bank Anyone who has been of the opinion that as an unemployed person has no chance to apply for a loan from a bank is wrong. Because even conventional banks grant loans for the unemployed, provided certain conditions and basic conditions are met. For example, the loan seeker can identify co-applicants […]