Cheap bank loans.

The business of banks is to lend money. They earn nothing with customers who only place their money with the banks. That’s why they roll over to win new customers. This may be positive for the consumer, but should not be blinded by advertising. There are cheap loans from the banks, but the individual offers differ considerably from each other. So what is there to consider?

Nominal interest rate and APR

Nominal interest rate and APR

In advertising, the nominal interest initially catches your eye. But this is just the pure interest rate. The effective annual interest rate is more important because it tells you how high the interest rate actually is. A loan also incurs processing fees or other administrative fees. These are included in the annual percentage rate. Ultimately, this is the interest rate that the customer has to pay and is added to the loan amount.

What about the conditions?

What about the conditions?

Anyone looking for cheap loans from the banks must also pay attention to the conditions. They may not seem so important at first, but we want to go into more detail here. There are months when money is particularly tight. Mostly this is January, because then insurance for the car or household items is due.

To top it all off, the utility bills also flutter into the mailbox. Now it would be nice to be able to suspend the rate at the bank. This is exactly what some banks offer for free. A free repayment month, who doesn’t want that?

Another issue that is also important is prepayment penalty. This is a fee that banks charge if a loan is repaid early. This causes the bank to lose interest, which they want to compensate with a prepayment penalty. Some people ask for so much money that it is questionable whether the loan should be paid early. But here too there are cheap loans from the banks, which do not do this. A comparison is not a waste of time, but very important and valuable, because it helps to save money.

Borrow money from private.

Borrowing money privately is popular. More and more websites and portals offer opportunities for crowdfunding or crowd financing. The article provides a look behind the scenes, looking critically at risks, but also naming opportunities.

Crowd financing – borrow money from private

Crowd financing - borrow money from private

Crowdfunding, borrowing money privately, is becoming increasingly important. Comprehensive changes in the law, the LLB’s low interest rate policy and not least the USD crisis have made the business model hopeful. The basic idea is amazingly simple. Risky business ideas, popularized by private lenders through film projects, cannot simply be financed through a credit institution. Despite the good profit prospects, the risk is simply too great for an individual investor or a bank.

If the risk is distributed to a large number of private investors, even a total loss would be bearable for the individual investor. Risky projects were funded, often with great media attention. Borrowing money privately became known. Nevertheless, it was only the beginning of a business idea that helps many people today. The financial crisis was much more decisive for the success of established credit portals such as Trucredit, Fidor or Centiloan. The crisis solution currently achieved resulted in two losers and one winner.

Large investors who speculated with worthless paper and increased their wealth won. With public aid, they were able to save their returns through the crisis. The ordinary citizen has lost. As a taxpayer, he is responsible for the LLB’s rescue packages and bond purchases. Good paid jobs were destroyed across Europe, a network of “low wages” is doing the work today. Despite a full-time job, these people do not get a loan. Small savers are also losers. The low key interest rate destroys your savings reserves.

Credit from private to private – win-win situation

Credit from private to private - win-win situation

At the beginning of the millennium, Germany was considered the “sick man of Europe”. Reunification was far from over. Serious experts had already predicted in 1989 that it would take around 20 years for Germany to regain strength. It had to bear the collapse of the GDR, the loss of sales markets in the east and the costs of reunification. In order to prevent the final overloading of the social systems, Germany should become competitive.

Agenda 2010 can be seen as the father of the success of personal loan portals. The change in the labor market and the pension reform caused great demand. Borrowing money privately was and is the only credit option for many employees. The financial crisis ensured that small investors provided sufficient capital inflows. With a key interest rate of 0.25 percent, savers cannot offset inflation. The offered interest for “safe” savings investments fall below the devaluation of money.

Being able to borrow money privately from a legal and secure environment creates a win-win situation. Financing offers again to workers, self-employed and pensioners who would nowhere get credit. The annual percentage rate to be paid for this can be considered to be in line with the market. It is ultimately decided in the bidding process. The system is an opportunity for small savers who do not want to watch how their money burns. The opportunity to invest in a modest way makes lending comparatively secure. The interest income achieved, even if a repayment does not work, ultimately results in an interest gain.

Risks for investors and borrowers

Risks for investors and borrowers

Private lending is a growth market. More and more websites offer private loan brokerage. You want to cut off a piece of the cake. Against the background of saving fees or implementing impossible financing requests, borrowing money from private to risk. A borrower’s wish to save the fees for a loan brokerage is legitimate and understandable. If you have little money, you just have to save.

However, savings are made at the expense of security. From contacting to credit processing, everything has to be organized by free portals. Borrowing money privately can become a risk if the implementation of applicable laws is not monitored. Excessive interest, the Stiftung Warentest has determined top values ​​of 20 percent and more, may result. In addition, a private individual cannot understand the origin of the money. The risk of losing up to five years in prison for money laundering allowance is not worth the minimal savings.

Without an ID check and an extensive dunning process, it can also be dangerous for the money of the serious investor. If the borrower does not pay back, “good money must be thrown after bad money”. Dunning and the title of the claim are only taken over by the established portals. A private investor, without the protection of the established credit portals, can usually only say goodbye to his money.

What recommendation can be given?

What recommendation can be given?

Borrowing money is the only way out of the credit crunch for many people. Nevertheless, we can only strongly advise against saving at the wrong end or “wanting to force a loan”. Everyone should be aware of how complicated and dangerous monetary transactions can be. To want to borrow money at any price, to do without protective mechanisms, almost always leads to a dead end. There are life situations where no loan is possible, neither from a private person nor from a credit institution.

Investors also pay to the established portals. Nevertheless, everyone can only be given the urgent recommendation not to get too greedy. The protection that Trucredit, Centiloan and other established credit portals offer cannot be offered for free. Safe investments may only generate a slightly lower return, but the savings saved are not exposed to unnecessary risk.



Borrowing money privately offers exceptionally fair credit opportunities for borrowers and fair interest for investors. The business model is a win-win option as long as professionals in the background ensure fair rules and a smooth process. Borrowing money privately as well as lending money can also quickly become a risk.

Credit from Switzerland without Credit bureau.

If a loan application to the house bank is rejected due to a lower credit rating and negative entry in the Credit bureau, the potential borrower does not have to forego financial help.

Online loans on the free financial market are perfect for fulfilling very different wishes and convince with payments of different amounts. Independent financial service providers can arrange a cheap loan from Switzerland without Credit bureau and thus ensure that the desired purchases can be made or the urgent bills can be paid. A loan from Switzerland without Credit bureau is suitable for all applicants due to the low interest rates and is not rejected even if the Credit bureau entry is negative.

Give the lender a hedge

Give the lender a hedge

Of course, the loan from Switzerland without Credit bureau also requires appropriate protection. Instead of using creditworthiness as the basis for payment, the lender from Switzerland also accepts real assets, capital-building life and pension insurance, investments or funds, but also a guarantee or co-applicant. The possibilities are complex and interest rates are particularly low. The guarantee promises full and problem-free debt coverage in the event of default by the borrower.

With a guarantee, even with Credit bureau entry, practically any amount can be received from the Lite lender lender. In order to find a suitable loan according to your own ideas and rely on a reputable brokerage, independent financial brokers can be commissioned online to search for an adequate offer. The financial intermediary finds a solution even in difficult cases and helps the applicant to get a cheap and reputable loan with low interest rates.

Filter out offers by comparing them

Filter out offers by comparing them

The variety of credit offers from Switzerland without Credit bureau is so enormous that a comparison should definitely serve as a basis for a decision. The comparison makes it possible to exclude offers that are too expensive and to focus specifically on cheap and flexible loans. But not only banks, but also private donors make a loan from Switzerland possible without Credit bureau.

In reputable online portals, applicants have the opportunity to contact potential lenders directly and can rely on offers without dubious aspects. Even a Lite lender loan does not cost any fees required in advance. If a free financial intermediary sends an invoice and requests payment in advance before payment, credit is strongly discouraged.

In most cases, it is not a serious offer in this case and it can happen that the credit that has already been approved according to the intermediary will never be paid out after the transfer of the agency fees and will reach the borrower.

Loans for the self-employed from private


Loans for the self-employed from private are not only realistic. For private donors, corporate investments are considered, and with appropriate protection, even an exceptionally good investment. The expected interest rate is comparatively high for investors, although the credit risk remains manageable.

Loans for the self-employed from private – uncomplicated corporate financing

Loans for the self-employed from private - uncomplicated corporate financing


It is usually extremely difficult, time consuming and expensive to obtain credit as an entrepreneur. The local banks, which should actually give the entrepreneur a vote of confidence, are not geared towards corporate financing. Loans for business start-ups via the house bank and a overdraft facility for the business account are also possible. If these options are exhausted, practically every house bank becomes extremely inflexible.

It is not uncommon for the clerks to be overwhelmed when it comes to assessing credit risk or only able to act to a very limited extent due to management guidelines. Loans for the self-employed from private offer the way out of the credit crunch. The improved credit opportunities do not derive from the higher competence of private small investors.

You can’t look into the future of the company any more than a bank clerk can. It is the nature of personal loans that improves opportunities. Donors generally do not make financing decisions that risk large sums. A small loss may be annoying, but it is not existential. The enthusiasm for a business idea is there.

Convince private investors

Convince private investors


Loans for the self-employed are particularly dependent on a well-formulated credit description. The key messages must be kept verifiable. In terms of content, the self-confidence of a seasoned entrepreneur can be felt without appearing arrogant. An entrepreneur doesn’t beg for credit. He sets goals that he will achieve.

Entrepreneur loans are trust loans. It is the trust in the business idea and in the established “doer” who will successfully implement this idea. If known company names belong to the customer base, these names should of course not be missing in the description.

In addition to the convincing content of the loan request, the orthography must also be observed. Neither tapeworm sets nor typing errors should spoil the impression. Let the text rest for a day before reworking it. Rapid publications and later corrections reduce the credit outlook. An entrepreneur plans ahead. Supplements that are required several times give the impression of lack of planning.

Use help from the portals

Use help from the portals


The portals are increasingly moving towards checking credit requests from entrepreneurs. To protect investors, windy business ideas and high credit risks should disappear from the platforms. If there is a seasoned successful entrepreneur behind the credit request, he does not have to fear the preliminary credit check. Ultimately, it guarantees an investor’s trust.

The certificates and property collateral offered increase the chance of making loans for the self-employed from private, approvable.