On this page you will find an overview of the cheapest small loans , i.e. loans for smaller sums of money . The Creditplus credit in particular stands out here:
The cheapest small loans
You will find a representative example as well as specific information on the minimum and maximum interest rates as well as the so-called 2/3 interest rate according to the consumer credit directive in the respective product details.
N = New customer offer
If you can pay off your small loan in 12 months, you should rely on the Cream bank online loan. The low interest rate for new customers is independent of the credit rating. All other interest rates depend on the creditworthiness, but the Cream bank online loan is cheaper than most of the competitors.
The Credit loan is generally cheap. In any case, it is already cheaper with its interest rate than most others, but especially with small loan amounts, the interest rate is the cheapest small loan.
More information about small loans
What are small loans used for?
Many consumers use the Internet to buy the right thing, especially in the area of technical devices and household items. With this loan option, the buyer can either transfer the payments to the financing credit bank or where the goods were ordered under the purchase contract.
What exactly is a small loan?
A small loan is a loan with a small loan amount. As a rule, the repayment is made in the form of installments, so that the term “installment loan” is used more often, but ultimately also describes a small loan, which is very easy to obtain. The volume usually corresponds to $ 500 – $ 3000.
What collateral is required for a small loan?
For the loan contract, regular income from a permanent employment relationship and proof of legal age are sufficient as security. A negative Credit bureau entry must not exist.
Is a small loan also possible with a negative Credit bureau entry?
Yes and no German banks do not grant loans to borrowers who have a negative Credit bureau entry. An alternative are so-called “Good lender loan loans”, in which the lending is carried out via banks that are not based in Germany. Please note, however, that these loans are calculated with a higher risk of default, so that the borrower can expect significantly higher loan interest rates.