Installment loan – low repayment and interest rate


banks installment credit offers some valuable benefits. Especially those who have a private financing requirement between a sum of 2,500 euros and 50,000 euros, is equipped with such a loan more than optimal. Because the installment credit of banks is not earmarked, which means that it can be used for the most diverse investments in the private sector. Few other banks offer their clients as much freedom in terms of credit as banks.

Low and constant repayments and interest rates ensure optimal customer conditions

Low and constant repayments and interest rates ensure optimal customer conditions

Anyone wishing to avail themselves of a installment loan from banks will also benefit from individual terms, favorable and secure interest rates, as well as constant monthly repayments, which are extremely easy to calculate. Only the processing fee of three percent of the loan amount has a slightly less favorable effect on the customer terms of the installment loan of banks. The annual percentage rate of interest is at least 9.25 percent and is valid for the entire term of the loan, so that optimal planning and calculation conditions are also found here.

The performance of special repayments is also possible at any time upon agreement

The performance of special repayments is also possible at any time upon agreement

Another advantage of banks installment credit is the possibility of special repayment. Although this saves no interest costs, as these are calculated in advance and are already counted on the constant, monthly installments, but you can thereby make the own liability balance more transparent. After all, life is easier and cozier when you know you are no longer in financial debt to anyone. In addition, in order to hedge against insolvency vis-à-vis banks during the term of the loan, the conclusion of a credit insurance by this bank is highly recommended. In the case of cases, this is paid for the entire residual repayment, which can no longer be borne by the borrower himself through private insolvency or an approaching social dependency.

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