The search for a suitable loan can now be a major project. Thanks to the Internet, there are now a dozen providers available.

This is where banks with their own branch network, individual branches of large banks and many online providers are in favor of the customer.

All facts about the guide “Online loans or branch” at a glance:

  • Comparison portals for online credit have already made a pre-selection.
  • Borrowers can quickly and easily compare the online providers directly using the loan calculator.
  • Branches offer better customer service, are flexible and seek an alternative solution in an emergency, possibly even as a combination loan.
  • The cost of branch loans is more difficult to compare.
  • The personality and the personal situation of the borrower decide on the online or branch credit

1. The benefits of online credit

 

Online providers are able to give more favorable terms. This is clearly related to the fact that they have to include less fixed costs in their calculations. The lack of branches saves personnel costs, electricity costs and sensitive IT systems, which also require special maintenance and control.

Of course, an online loan provider must protect the data of its customers. However, here it is easier to protect them at a central server than to install a separate security server for each branch. In addition, certain data must be transferred between branches and the main office, but on the other hand must not be allowed to go outside. The protection of sensitive data causes enormous costs, which are usually passed on to customers.

Online vendors have discovered this potential for savings, and some are passing it on to their customers. With online credit providers are of course not the dubious criminals meant that go beyond the spam folder in the email box. These mails are to be deleted immediately and booked under the category “fraud”. By online credit providers is meant authorized credit institutions that work with products similar to those with direct customer contact.

Online providers take advantage of the Internet to be able to address a much larger clientele. They are not limited to regional contacts and have a strong customer service. Customer chat offers and advice on the phone.

To find the cheapest loan offers a preselection by comparison portals. Here it must be noted, however, that the selection criteria of the comparison portals do not necessarily match the own search criteria. Everyone sets different standards in the evaluation that are important to them. Therefore, the best online credit providers should be re-examined from their own point of view.

Above all, a new price comparison should be made by examining the existing situation in each of the credit calculators. The condition is that one’s own situation must be clearly formulated. This means that it must be clear how high the loan amount should be and how long the term can be. In order to do that you have to make yourself aware of your situation in advance and not make any utopian claims on yourself.

You also have to be aware that lenders are also checking against you. Online providers as well as banks with branch network. Although currently advertising online providers with their fast order processing and that they also serve customers with negative Schufa entries, but a too high risk, even online credit providers do not enter. Therefore, it is quite possible that the loan application will be rejected without giving reasons.

If the facts are clear, well-structured and manageable, online loans offer significantly better conditions due to the possibility of comparison. Online providers are under constant competitive pressure under a particular competitive pressure. Due to the lack of personal commitment, customers have fewer loyalties and, in the case of lower interest rates, simply switch providers.

Particularly in the area of ​​online credit providers, the competitive pressure has a positive effect on the customer. The lenders are forced to bow to the prices of the competition, since there is no close customer loyalty. Comparative portals also increase this pressure and offer the borrower a preselection of the best loan terms.

2. The advantages of a branch

2. The advantages of a branch

For many borrowers, however, it is still important to seek personal contact and to take out a loan with local banks. This can have different reasons. For some it will certainly be the fear of the internet. Those who do not deal with it day in, day out. They do not trust the medium because they are unfamiliar with it, and the spying reports of the past have increased distrust.

Uploading data about your own creditworthiness in a form is very special and then entrusting your own income to a computer is out of the question for many Germans. You do not even tell that to your closest friends, let alone a stranger. So it’s not surprising that despite the greater comparability of online credit providers, many borrowers still go to their house bank. They already know the income anyway!

Of course, there will also be people who have been doing good business with their house bank for years and can therefore bet on better terms. In addition, they also appreciate the service. Thus, the annual consultation at the house bank always brings a few new information to light days, which can help one in everyday life.

Another advantage is that it is better to communicate face to face with a person in unclear situations that require creativity, dedication, and a degree of flexibility. Problems are often solved without words, as the other person can read the inner attitude based on facial expressions and posture. This happens unconsciously in the vast majority of cases, but rather leads to more success in difficult circumstances than a conversation on the phone. There are reasons why most verbal riots take place over the phone. It is difficult to read and interpret between the lines here.

3. Case studies

3. Case studies

The situation determines whether an online loan or a credit at the house bank for a rational decision maker are the better alternative. By way of example, two cases are described below, which are intended to provide insight.

When is an online loan the better alternative?

The requirements : The borrower is creditworthy, over 18 years old, has his permanent residence in Germany, a regular income and no negative Schufa entries.
The situation : A loan of 20,000 euros is needed. The borrower can accept a monthly rate of 200-300 euros.

The cheapest credit providers can be selected on the comparison portals. Now, however, should still own research done. For this, the homepages of the providers must first be examined. Everyone values ​​other things. It follows the input of the data in the loan calculator of the banks.

Here is an example of the CreditPlus bank:

The credit calculator of CreditPlus

Here would be a term of 84 months, so seven years in question. These conditions can now be compared with several credit providers.

This is followed by the loan request from the best credit providers. There should always be several inquiries, as it can well be that on the one hand the conditions change due to the situation or a loan is rejected. The information provided in the credit inquiry must be true.

When registering always stay with the truth!

When is a branch loan the better alternative?

The requirements : The borrower is creditworthy, over 18 years old, has his permanent residence in Germany, is self-employed and has no negative Schufa entries.

The situation : A loan of 20,000 euros is needed. The borrower is expected to pay between 200 and 300 euros a month.

Here is the situation that a self-employed borrower can usually not say with certainty whether he can really serve for a period of seven years, a installment of this amount. There would be more flexible credit terms. In addition, it must talk about any collateral or guarantor. Especially here it is also important to be able to get a picture of the other person.

The lender will look at in addition to the rational circumstances and the seriousness of the borrower. It may also be possible to combine with private lenders so that the risk is shared. But for a lively exchange of information between the parties involved is necessary, which is difficult to reach via a call center or a live chat.

4. The conclusion: the circumstances determine the choice

As the examples above show, here is no general recommendation regarding online credit or branch. Both forms have their advantages and disadvantages. Online credit providers are not allowed to be prejudged here. They are also concerned about the satisfaction of their customers, but on a different level.

Online loans have the distinct advantage of making them more comparable. The loan calculators offered provide a quick overview of the costs to be compared. There is no direct contact to the customer advisor here.

In the case of branch loans, comparisons are difficult, which requires trust in his bank adviser. Nevertheless, it is also possible here to bring in several offers, it is just connected with more effort. The better customer service costs but also correspondingly more interest in direct comparison to online credit providers.

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Amphibank was founded back in 1949 under the name “Volkswagen Finanzierungsgesellschaft mbH”. The companies are a subsidiary of Volkswagen Financial Services AG. Products such as accounts, credit cards, investments, a separate Amphibank loan calculator and savings products and securities accounts are offered. The orientation of the offer is also in the present time primarily the financing of the own automobiles. In our subsequent test, we want to look at the loan offer of Amphibank and show you whether the offer was convincing.

1. Amphibank experiences: pros and cons at a glance

  • Low loan amounts from 1,000 euros possible
  • Special payments possible with Comfort Credit
  • Credit also available to the self-employed and freelancers
  • High lending rate for personal loans from 5.35 percent pa
  • High interest rates for the Comfort Credit of 7.21 percent pa

As we looked at the loan offer as part of our Amphibank loan experience, it became apparent that there are some aspects where the bank can not compete with the competition. Thus, the lending rates are remarkably high even with excellent credit rating and even the framework credit is not among the cheapest offers. The advantage is the fact that loan amounts are already possible from 1,000 euros and even self-employed have the opportunity to apply for a loan from the bank.

2. The most important conditions at a glance

  • Loan offer : Comfort Credit (Frame Loan) and Direct Loan
  • Lending rates : Installment credit effective from 5.35 per cent per annum. Framework credit: 7.21 percent pa
  • Duration : Installment credit: 12 months to 120 months, Framework credit: Unlimited
  • Minimum amounts : installment loan: 1,000 euros, framework credit: 2,500 euros
  • Maximum amounts : installment loan: 50,000 euros, framework credit: 25,000 euros
  • Availability of the support : Monday to Friday from 8.00 to 20.00 o’clock and Saturday from 9.00 to 15.00 o’clock
  • Website : Professional and clearly structured. Clear presentation of the products. Intuitive navigation.
  • Security : encrypted data transmission. No transfer of customer data to third parties.
  • Insurance : Credit protection letter

3. Representative credit example at Amphibank

For all those who want to know what costs they can incur as a borrower at Amphibank, we would like to quote a representative example of credit here, which can also be found in this form on the website via the Amphibank loan calculator. This example is based on a loan amount of 5,000 euros, a term of 72 months and an interest rate of 5.35 percent pa This would result in a monthly rate of 81.04 euros and this would be a total of 5,834 at the end of the term, 88 euros result.
Since the actual loan interest depends on factors such as maturity and creditworthiness of the borrower, this example of the Amphibank loan calculator is for guidance only and does not constitute a binding statement.

4. The detailed Amphibank Test: Our experience with the Amphibank loan calculator

The website of Volkswagen Bank

Credit offer: two personal loans to choose from

When we looked at the loan offer for our Amphibank loan experience, we were able to find out that, apart from the car loans, there are two different personal loans to choose from. One variant, Direct Credit, is a classic installment loan from Comfort Credit. This is a kind of replacement for the credit line of the current account at the house bank. Both loans differ in their terms and characteristics as well as the intended use.

At Amphibank, the borrower can choose between two loan options. There is an installment loan and a credit line, which can be used flexibly.

Credit conditions: Installment credit from 5.35 percent pa

Two loans to choose from at Volkswagen Bank

Two loans to choose from at Amphibank

Let’s come to our experiences on the terms of the loans of Amphibank and look first at the direct credit. We are less positive about the lending rates, which start at 5.35 percent. The interest rates depend on the duration of the loan and on the creditworthiness of the applicant and thus it can be assumed that in most cases higher interest rates will come about. The amounts granted in this loan variant are between 1,000 and 50,000 euros. Regarding the duration of the repayments, there is the possibility to choose between maturities of 12 months and 120 months.

Let’s get to Comfort Credit. There are no fixed terms, because the loan can or may not be used at all times. For the loan amounts that are used, the borrower pays an annual percentage rate of 7.21 percent. Loans in the amount of € 2,500 to € 25,000 can be requested here.

In our Amphibank Credit Test, it quickly became apparent that interest rates are not among the best compared to other providers. With 5.35 percent APR, even borrowers with excellent credit ratings pay a higher rate than many other credit providers. Also the frame loan is with an interest rate of 7,21 per cent in the year belongs to the more expensive offers.

Special offers for pupils, students, self-employed

In our experience, we were able to say that the personal loan is also offered for the self-employed and freelancers. However, maximum amounts of 25,000 euros apply and self-employment or self-employment must last at least two years. Otherwise, borrowers must submit a permanent employment contract in order to receive a loan and must be at least 18 years old. Further special offers for students or pupils can not be found at the bank.

At Amphibank, not only permanent employees can receive a loan. It is also possible for self-employed and freelancers to apply for a loan. It is a prerequisite that the self-employment has existed for at least two years.

Test the website and the Amphibank loan calculatorAs Amphibank is one of the largest financial service providers in Germany, the website is accordingly professional. The website is mostly simple and nothing distracts the eye. All products are presented in a clear and effective manner, and the interested party can quickly find out about all important basic conditions. You can easily find your way around and everything is always exactly where you expect it to be. The Amphibank loan calculator is also offered, where potential borrowers can inform themselves in advance about the monthly installments.

The website was able to convince credit experience within the framework of our Amphibank. The website is characterized by a clear structure, a professional presentation and a transparent presentation of all product features. The Amphibank Loan Calculator shows no additional credit details except the monthly installments.

Regulation and security of the bank: BaFin-regulated company

The head office of Amphibank GmbH is located in Braunschweig and thus the financial institution is regulated by the BaFin. BaFin is responsible for the supervision of all German companies that work with client funds and acts in accordance with the EU-wide uniform MiFID financial market guideline.

As far as the security of customer data is concerned, the same guidelines and standards apply to Amphibank as they apply to all other major financial service providers. Data transfer is always encrypted using SSL 128 bit technology. The bank also assures that it does not pass customer data on to third parties and guarantee anonymous surfing.

Our Amphibank Credit Test has shown that BaFin, which operates under the MiFID Directive, is responsible for regulating the bank. The data transfer is always encrypted and the bank assures to deal responsibly with the customer data.

Contact and Service: Support from Monday to Saturday

Telephone customer support at Amphibank is available from Monday to Friday from 8:00 to 20:00 and on Saturday from 9:00 to 15:00. Furthermore, customers and interested parties can also write an e-mail or personally select one of the local branches nearby.

The range of services provided by Amphibank is convincing, as it includes, for example, online financing assistants, a large FAQ section, financial calculators, newsletters and numerous mobile applications relating to the products and services of Amphibank.

Telephone customer service is provided by Amphibank from Monday to Saturday, and apart from a written request, there is also the option of visiting one of the bank’s branches in person. A plus point in our test is the large range of services offered by the bank.

5. Test reports on the Amphibank offer

The loans and other services provided by Amphibank have already been tested several times in tests and the bank can also show some certificates that stand for the high quality of the offer. For example, the bank’s loan was given the title “Top Installment Loan” by Focus Money. The customer service of Amphibank has been audited by TÜV Nord and subsequently received the quality seal.

6. Our conclusion: not just positive aspects

In our credit test conducted by Amphibank, we not only noticed positive features of the loan offer. For example, from 5.35 percent pa onwards, interest rates are not really competitive and the interest rates of the Comfort Credit are among the poorer offers at 7.21 percent pa. On the positive side, we were able to state that the loan amounts are already possible from 1,000 euros and that even self-employed and freelancers can apply for such a loan. Also special payments can be made by borrowers at any time free of charge. Despite some positive aspects, it is only enough for a rating of 3.3.

7. Five questions and answers about the Amphibank loan

1. Which loans does Volkswagenbank offer?

In addition to various car loans, the bank also has a personal loan and a credit line.

2. Who can apply for a loan from Volkswagenbank?

As a precondition for a loan commitment, the bank is the age of majority of the applicant, a permanent residence in Germany and any German bank account.

3. We also grant a loan to self-employed?

Yes, at Amphibank, self-employed persons and freelancers can also apply for one of the two loans. The self-employment must exist for at least two years.

4. What interest is charged on the loans?

The direct credit is based on interest rates that depend on the duration and creditworthiness of the applicant and start at 5.35% per annum. The Comfort Credit has a uniform interest rate and is at an effective rate of 7.21 percent per year.

5. What loan amounts can be applied for?

When it comes to direct credit, amounts between 1,000 and 5,000 euros are possible. For ClasicCredit, the credit line is between € 2,500 and € 25,000.

Bridging loans for the self-employed and small businesses: fast, discreet, serious and flexible!

Unlike the long-term installment loan, other bridging loans have other priorities as interim financing: For example, unbureaucratic, fast lending decisions and high flexibility in repayment of loans or early loan repayments have higher priority than lending rates. This results in the bridging loan a slightly different order in the credit ranking than the normal installment loan for small businesses and self-employed.

Each month, the SME CREDIT team researches existing and newly offered bridging loans for the self-employed and small and medium-sized enterprises (SMEs) on the Internet. The results of the research are published monthly in a bridging credit ranking. Loan seekers thus receive up-to-date and reliable information about the interest rates and customer friendliness of the online credit providers.

Bridging Credit Ranking of December 2018

rank company maximum
1 inancingent 750’000 €
2 financinga 100’000 €
3 Crediter 100’000 €
4 Funding Square 250’000 €
5 Pixocredit 100’000 €
6 moneyor 50’000 €
7 creditend 75’000 €

To apply for a loan from one of the listed credit providers, simply click on the application (last column table) of the respective credit provider. You will then be redirected to the loan offer, where you complete and submit your online application. The whole process takes only a few minutes! Please also note our notes below! You should get at least 2 to 3 offers in order to find the cheapest offer for you.

1st place: gold medal for inancingent

inancingent is a provider-independent full-service provider for SME financing in Germany. Companies and their consultants, freelancers and the self-employed will quickly find the optimal financing solution through the inancingent platform and consulting. In addition to loans, there is also leasing and factoring.

The Digital Corporate Loan, a bridging loan from inancingent, meets the requirements for rapid lending to bridge financing bottlenecks for the self-employed, professionals, tradesmen and small and medium-sized enterprises (SMEs):

  • Bridging loan up to 100,000 euros within 24 hours
  • Bridging loan up to 750,000 euros within 48 hours

2nd place: silver medal for financinga

financinga is a specialist for fast and short-term loan solutions for self-employed, tradesmen and SMEs (small and medium-sized enterprises) with maturity up to 12 months. Speed ​​and flexibility are top priority: Credit decisions within a few hours and thus within a working day access to up to € 100,000. Ideal as bridging finance, bridging loan and to solve unforeseen financing bottlenecks or liquidity gaps.

Why it is not enough to just ask for the first place in the credit ranking!

Every credit ranking is a statistical evaluation! This means that for an individual loan request, for example, the second place provider can offer a more favorable offer than the number 1 provider ! Practice shows that when you place an inquiry with the first 2 to 3 providers in the ranking and then compare the offers, you get the cheapest loan for the self-employed.

Other credit rankings

For long-term installment loans and loans for founders, start-ups and entrepreneurs, there are slightly different selection criteria and priorities compared to the above short-term loans:

  • Ranking of credit for self-employed and SMEs last month
  • Credit Ranking for Founders, Startups and Entrepreneurs of the Last Month

Our tip for SMEs: Penta business account!

Penta offers tailor-made business accounts for small and medium-sized enterprises (SMEs) in Germany. Fast registration, intuitive use and fast support together with low fees form the basis for the Penta business account. All important functions and fintech applications are integrated on a single platform, making it the one-stop-shop solution for the customer. In addition to the basic functions of a bank, this also includes HR, accounting, CF management and much more.

Did you know that …

  1. … Self-employed, tradesmen and small companies often completely misjudge the chances of government funding programs? More at: Subsidies for the self-employed, traders and SMEs
  2. … the time-consuming search for financing can be circumvented? I beg your pardon? Yes, indeed: With a single online request, access to 220 financing offers and 1,700 funding programs. More at: SME tip: With one request access to 220 financial partners and 1,700 funding!
  3. … Factoring as a credit alternative for medium-sized companies is not only an interesting solution in times of crisis?
  4. … with the credit formula developed by SME-CREDIT self-employed and SMEs can save 30% interest?
  5. … that a financially strong guarantor definitely increases your credit chances? If no guarantor exists, a credit insurance can be useful as additional security!
  6. … the purpose of the credit in the credit decision of the bank can be significant?

Everything else about loans for the self-employed, freelancers, founders, entrepreneurs, tradesmen and small companies find loan seekers in our practice guide loan for the self-employed, freelancers and small businesses.

Well informed is half won! 5 questions about the online quick loan

Many questions play a role – everyone is looking for their very own and individual credit. The agony of choice is sometimes great. Sometimes it just has to be fast. Which online short-term loans are serious? Which suppliers are really recommended for consumers after our independent test? Read more about the best online quick loans and make a decision – with our help.!

The big loans comparison

  • Independent comparisons of different providers
  • Transparent and easy-to-understand reviews and guides
  • Valuable insider information about providers
  • Clear comparisons of the best banks
  • Tips and Tricks for the Best Online Credit
  •  

How does our online loan comparison work?

In order for you to be able to find a cheap online short-term credit by accepting our comparison, three statements should be made:

  • Required loan amount
  • Term of the loan
  • Purpose: Small loan

Who does not know: Unforeseen expenses can put us in an uncomfortable position. The washing machine is suddenly broken, the car is on strike, the account is empty – but the month is still long. In order to close short-term financial gaps, there is the possibility to complete a small loan. A small loan is paid out quickly and has a short term.

Time is short: Find a cheap online fast loan

Time is short: Find a cheap online fast loan

Fast and uncomplicated: The small loan

A general requirement for obtaining a loan is the age of majority. For all types of credit, credit checks are usually carried out by the banks. These include Private credit queries or the demand for payroll. For small loans is often refrained from. Even with a Private credit entry small loans are partially to get. They have a duration of between 14 and 30 days and range from 100, – to 600, – Euro, in rare cases, higher sums can be borrowed.

Also online: Reputable providers on the Internet

Meanwhile, there are also cheap online quick loans, which are recommended. We’ve tested reputable vendors for you in this article and will give you a guide on what to look for when looking for low-priced short-term loans. First of all, do not be fooled by offers that promise you high sums of money at astonishingly low interest rates! Trusted providers are in a middle range.

An online short-term loan should be finalized when it comes to closing short-term financial gaps caused, for example, by unforeseen expenses. Due to the short duration of a quick loan between 14 to 30 days you should be absolutely sure that you can repay the loan at the end of the term.

Do not rush: you recognize quality!

Do not rush: you recognize quality!

If you happen to be in a financial emergency situation or want to bridge a bottleneck, do not let the unpleasant situation lead you to badly thought out actions! Even if it should go fast: You have to make sure that you are dealing with a reputable supplier!

Please note the following quality features in order to find a cheap online short-term loan:

  • Fast and serious: Quick loans are not awarded for large sums, otherwise the risk for the provider is too high. If you come across other offers, stay careful!
  • A contractual agreement as a prerequisite: A provider who does not attach importance to a contract should appear to you doubtful.
  • A clear, well-structured loan agreement: In the loan agreement, the loan amount, term, interest, other fees should be clearly formulated.
  • Do not be dazzled! Fast payout without identity check? There is something lazy in most cases! A provider that does not want to hedge itself in any form, rarely runs reputable business!

The comparison: Why are you looking for a quick loan?

The comparison: Why are you looking for a quick loan?

Are you in a financial situation that requires swift action? A cheap quick loan compared to other loans seems to you the best solution, because you do not want to wait long for the decision and need only a small sum.

Whether the quick loan is convenient for you and actually recommended in your situation, you should check well.

  • Do you have a short-term financial gap that you need to close?
  • There are no other repayment options?
  • It is a manageable amount?
  • You are waiting for the receipt of money and know that it will be paid in the next few weeks?
  • Are you sure that repaying the loan in the short term is realistic?
  • The pre-agreed rate is always payable? You have prepared a financing plan?
  • The burden of the credit can be estimated over the term? You can also agree the costs with your personal plans?
  • They have all terms compared clean and can not be blinded by a favorable offer “

If you can answer the majority of these questions with “yes”: A quick loan seems to be the right product. An installment loan may also be eligible. If you have answered “no” to all or most of the questions: A quick loan is not recommended. If your answers balance each other, look for independent advice.

Well informed is half won! 5 questions about the online quick loan

As in every area also applies here: A good information situation is half the battle! Only then can you make a good decision.

1. How do the lenders secure themselves?

Most financial institutions usually check the ability to repay the loan plus the interest on current income, usually very accurately. For higher sums of more than six months, more collateral is usually required, such as guarantees or financial reserves that can be accessed in an emergency. In the case of short-term loans, an identity check is usually sufficient. Even with a Private credit entry, quick loans can be awarded in small sums.

2. How soon will a quick loan be paid out?

The credit decision actually falls within a few hours, you have to expect up to one day until you have a safe decision from the credit request. The name says it all: as soon as the loan is approved, the providers pay the money. It is usually credited to the account in less than six hours.

3. What are the average interest rates?

The interest rates are logically higher than for longer-term loans. On average, interest rates are between 14 and 16 percent.

4. Can the quick loan drive itself into ruin?

The ruin is only a possibility with high sums. Quick loans are small loans that operate within a manageable credit line. And do not be afraid of usury: today, a loan agreement is declared ineffective, if there is evidence of usury. For usury is immoral. Usury means that there is a mismatch between performance and return. In the case of a quick loan, this mismatch occurs when the agreed interest rate is 100 percent above the market rate of interest, for example 28 percent instead of 14 percent a year.

5. How should the interest on fast loans be paid?

As a rule, the interest rate agreed with a money loan is payable after the end of a calendar year. If the term does not cover a whole year, the interest is due on the refund. With a quick loan, the interest rates fall after just 14 to 30 days.

From time to time, there are costs and service charges for processing and lending. However, these additional costs should be in a context that is considered appropriate. What is appropriate, you can quickly find out by a quick loan comparison.

For small loans Schufa entries are no problem

For small loans Private credit entries are no problem

Best a small loan! The quick loan of the future

Best a small loan! The quick loan of the future

In order to relieve you of the work a little, they have compared the online quick loans in comparison and processed the results neatly. It has been noticed that in the short-term granting of loans especially small credit providers are a good choice. For this reason too, we compared the good and serious offers in this area.

ExpressCredit has been providing small loans to private customers since 2014 as a service of Zaloan Germany GmbH. The provider ExpressCredit is part of the Zaloan Germany GmbH, which exists as such since 2005. At the current time, the company has already been able to spend small loans on more than one million customers in 20 countries. According to our reports, this is a reputable provider. Applying for credits via ExpressCredit.de is quick and easy. The requested amount is 199, – Euro for the first application, at 300, – to 600, – Euro from the confirmatory application, the maximum duration is 45 days.

Apply for a quick loan at Xpresscredit

Easily apply for a loan at ExpressCredit

As an alternative, even a small loan from Viloan offers a good opportunity, should you have to get money at a very short notice. The desired amounts can be between 100, – and 600, – Euro and bring a duration of 15 to 30 days with it.

Form customer account at Cashper

An account with Viloan: Opened quickly

Another possibility for a favorable on-line fast credit: Neofunding offers in contrast to the classical bank loan no long-term installment credits. The desired amount is higher here: between 100, – Euro and 3,000, – Euro, the duration is up to 30 days as short as the competition. However, there is a 2-rate option: With a loan from 1,000 euros you can extend the term up to 60 days.
Interest rates are around 14 percent per annum for all providers.

Calculate credit and fees at Neofunding

And a next variant: The provider iPfand works like a normal pawnbroker. In order to receive money, deposit your valuable asset as collateral and receive a corresponding sum, with which you can do what you want. You have the choice. Either you pay back the money with interest and get your valuable asset back or the pawnshop gets the right to sell this item.

5 tips and tricks for dealing with the quick loan

5 tips and tricks for dealing with the quick loan

Your situation requires quick action? All the more important that you do not act rashly!

1. If you need a small amount for a short time, contact a microcredit provider.

You will receive the money easily and promptly. Borrow only as much as you can safely repay after the short term!

2. Valuables can also be converted into money at short notice!

If you do not want a credit check, you can also lend your valuables. A classic pawnshop on the internet with good terms is iPfand.

3. Do not accept high interest rates!

Do not let your unpleasant situation take advantage. Reputable providers calculate about 14 percent annual interest for a short-term loan with no hidden costs – of course!

4. Establish a realistic financing plan!

Regardless of how big the loan amount is, you should always set up a financing plan. In other words, you have a written record of what and how much you can afford and, above all, whether repayment is possible. In a lightning loan, the repayment is usually in a sum. Alternatively, calculate the monthly rate.

5. Credit comparison is a must!

A credit comparison should not be a “can” but a “must”. That’s the only way to make sure you get the best deals. In addition, you are on the safe side when it comes to finding a reputable provider. Make use of the know-how of the experts.

Now we wish you much success in finding the best online loan!