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Month: December 2018

Short-term loan – For whom is this type of loan suitable?

Short-term loan – For whom is this type of loan suitable?

General Short-term credit is a special type of credit that has to meet certain requirements. The short-term loan comes from the UK and is still relatively new in Germany and therefore not very common. In its original form, a short-term loan lends between € 100 and € 3000, but it has to be repaid after a very short period of time, generally up to a maximum of 30 days (in exceptional cases 60 days). Of course, it is also necessary…

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Mini-loan

Mini-loan

A mini-loan is a loan over a still manageable sum, approximately in the order of one hundred euro to approximately 10,000 euro as upper limit. line of credit The best known mini loan is called the credit line or overdraft credit. This means that you withdraw money from your current account, without any is still available. The bank grants a credit line, which is based on the regular receipt on the account. This can be negotiated with the bank. If…

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