Euro loan – that’s how you get it
Availing Euro Loan
Loans are offered today by every bank. The direct banks are characterized by very favorable conditions. But many branch banks now also offer special online loans at reduced rates. For example, if you need a loan of 8,000 euros, you should compare the existing offers exactly. When comparing a variety of offers offer the following banks offer a € 8000 loan particularly favorable.
Front runner is the bank. Here, borrowers receive an 8,000-euro loan with a maturity of 48 months from an effective annual interest rate of 4.29 percent. The exact interest rate the borrower receives depends on his credit rating. The possible interest margin goes up to a maximum of 9.99 percent. The annual percentage rate of charge is guaranteed for the entire term and already includes all relevant costs. On request, the Targobank also offers other loan amounts between 1500 and 50,000 euros. In terms of possible maturities, the borrower can choose flexibly between 12 and 84 months. After a period of 6 months, free special repayments can be made at any time to repay the loan before the end of the term.
Place in this credit comparison goes to the provider onlinekredit.de. Assuming a maturity of 48 months, the cheapest interest rate is 4.35%. This is only imperceptibly higher than with the bank. By contrast, the maximum interest rate of 10.90 percent is slightly higher than that of the bank. Therefore, borrowers with a slightly lower credit rating should rather choose Targobank’s offer. Assuming the best case, the monthly rate for the 8000 Euro loan is 181.58 Euro. If you need a higher amount of credit, onlinekreidte.de can give you up to 200,000 euros. Provided, of course, the credit rating is sufficient for this. Possible terms are also between 12 and 84 months.
The third interesting loan offer for a € 8000 loan comes from Low rate Bank. Depending on the existing credit rating, this offers an annual percentage rate of interest between 4.40 and 11.95 percent. Again, a maturity of 48 months is assumed. In addition to a loan of 8,000 euros, Low rate Bank also offers loans between 2,500 and 50,000 euros with maturities of 12 to 84 months. Free special payments are also possible here from 6 months after conclusion of the contract.
Who can get a Euro loan?
The loan can be applied for by all adult persons with a permanent residence within the federation. Prerequisite is a regular income as well as a permanent employment contract, which exists for at least 6 months with the current employer. However, self-employed and freelancers have the opportunity to get a € 8000 loan. These simply present the last two income tax returns as proof of income. For workers, the last two salary statements are sufficient.
When applying for the loan, a credit bureau query is also carried out. There must not be any negative entries here. All three banks offer a residual debt insurance to secure the loan. This will take over the monthly rate for certain unforeseen events for a certain time. Among other things, this may be a prolonged illness, incapacity or even involuntary unemployment. The conditions and costs may vary depending on the bank, so you should also compare them exactly.