The Federal Government is preparing to release the withdrawal form of the Severance Pay Fund. This time the proposal is to allow the withdrawal of FGTS for loan repayment . Let’s explain how this will work and what the rules of this serve will be.   FGTS withdrawal for loan Continue Reading

Requirements for the use of a loan are a statutory minimum age of 18 years, a permanent residence in Germany, a German bank account and regular income and a corresponding credit rating. But what exactly does the term “credit rating” stand for? Why is a credit check performed before the Continue Reading

Where do you get as a retiree quickly a senior loan with immediate commitment? Pensioners have big problems getting a loan from the bank. The financial institutions set a certain age limit, which can be the 62nd, 65th or 67th year of life, there are the most varied variants. After Continue Reading

What is a microcredit? Microcredit is a small loan that can be used to start a business. The difference to a normal business start-up loan is that micro amounts can be lent to microcredit. A maximum of 25000 euros can be granted, which must be repaid over a certain period. Continue Reading

The term “current account credit” used to stand for what is today known as a disposition for private persons and working capital loan for companies. The name is derived from the current account. An older name that has been replaced for many years by the term “checking account”. Important information Continue Reading

Every consumer knows about credit, but what is the difference between a dispo and a credit line? Why is an Loananche loan, even if no money flows? Who can lend? We want to answer these questions in this article and bring structure into the lending business. But first of all Continue Reading