Skip to content
BankSorter BankSorter
Monthly ranking October 2026

Ranking of cash loans in Germany - October 2026

6 offers · Sorted by: lowest APR first

Created 1 Oct 2026 · Updated 21 Oct 2026

In October 2026 we compared the best Cash loans available. APR ranged from 2.45% to 5.49%. Top offer: Targobank with "Online-Kredit" at 2.45% APR. This ranking covers offers available in Germany.

Offer ranking - October 2026

1
★ #1 Best offer
Targobank
Targobank

Online-Kredit

Lowest APR in this comparison.

✓ Effective APR from 2.45% ✓ Nominal rate from 2.42% ✓ No processing fee
2.45%
APR
Check offer at the bank
2
Top 3
Openbank
Openbank

BestCredit

APR 0.54 pp higher than this comparison's leader.

✓ Effective APR from 1.99% ✓ Nominal rate from 1.97% ✓ No processing fee
2.99%
APR
Check offer at the bank
3
Top 3
PSD Bank Nürnberg
PSD Bank Nürnberg

PSD MehrWertKredit

APR 2.77 pp higher than this comparison's leader.

✓ Effective APR from 5.22% ✓ Nominal rate from 5.10% ✓ No processing fee
5.22%
APR
Check offer at the bank
4
Bank of Scotland
Bank of Scotland

Ratenkredit

APR 2.79 pp higher than this comparison's leader.

✓ Effective APR from 4.95% ✓ Nominal rate from 4.85% ✓ No processing fee
5.24%
APR
Check offer at the bank
5
SWK Bank
SWK Bank

Ratenkredit

APR 2.84 pp higher than this comparison's leader.

✓ Effective APR from 5.29% ✓ Nominal rate from 5.17% ✓ No processing fee
5.29%
APR
Check offer at the bank
6
S-Kreditpartner
S-Kreditpartner

S Kredit-per-Klick

APR 3.04 pp higher than this comparison's leader.

✓ Effective APR from 5.49% ✓ Nominal rate from 5.36% ✓ No processing fee
5.49%
APR
Check offer at the bank

See all current cash loans offers

Compare all cash loans

Try the calculator for the top-ranked offer (Targobank)

Loan repayment calculator

1,500 EUR 80,000 EUR
12 mo. 96 mo.
Monthly payment
Total cost
Total interest
Go to offer

🔒 Secure redirect to Targobank, no obligation

Indicative calculation based on nominal rate of 3.49%. Actual costs depend on individual creditworthiness assessment.

How is this ranking created?

We checked 6 cash loans offers in Germany for you in w October 2026. Offers are selected using a composite score: interest rate (50%), product badge count (30%) and user popularity (20%). The order in the table follows the sorted value alone; ties are settled alphabetically. Partner commission does not affect selection or position.

APR is shown for each offer's representative example. Amounts and terms may differ, so a position in the ranking does not mean the cost is fully comparable - check the terms of the specific offer.

What to watch out for when choosing a personal loan

What to watch out for when borrowing online

Don't compare offers on the nominal rate alone - APRC shows the real annual cost, since it includes the arrangement fee and other charges. Check whether a lower instalment comes from the lender bundling extra products (an account, a card, insurance) that raise the total cost of the loan. Also check the terms for early repayment - the lender must allow it and refund a proportional share of the costs, though the exact process varies by lender.

Make sure the lender is supervised by the relevant financial regulator, or is a bank - that's the basic protection against predatory or unlicensed lenders.

What documents do you need to apply?

You'll typically need photo ID and proof of income - an employer's certificate, recent bank statements, or last year's tax return if you're self-employed. The lender will also check your credit history, so it's worth reviewing your own credit report beforehand to catch any errors. Some lenders also require a spouse's consent if you share marital property.

Equal or decreasing instalments - which should you choose?

Equal instalments (annuity) mean you pay the same amount for the whole term, though the split between principal and interest shifts over time - early payments are mostly interest. Decreasing instalments start higher but shrink steadily, and the total cost of the loan is usually lower than with equal instalments.

Which to pick depends on your finances at the start - decreasing instalments need higher creditworthiness upfront, but save you money over the long run.

A personal loan lets you finance any goal - from home renovation to a car purchase. Banks differ in rates, fees, required insurance and repayment flexibility. Always compare the APR (Annual Percentage Rate), which reflects the true total cost.

FAQ

In w October 2026, Targobank offered the lowest rate in our ranking at 2.45% per year. Always compare the APR, which includes all costs.

The most important metric is the APR, which covers the nominal rate, origination fee and insurance costs. Also check whether the bank requires add-on products like a current account or credit card.

In w October 2026 personal loan rates ranged from 2.45% to 5.49% per year, depending on the borrower profile, loan amount and term.

The nominal rate is just the price of the money, while the APR adds the origination fee, the cost of any required insurance and other costs tied to the loan. By law, the APR is the metric that must be shown for comparison - the smaller the gap between the nominal rate and the APR, the fewer extra costs you're paying on top of interest alone.

Creditworthiness is the bank's assessment of whether you can afford the repayment, based on your income, existing debts and credit history. To improve it, you can pay down existing debts (credit cards, overdraft limits), extend the loan term, or add a co-borrower with stable income.

Yes - by law the lender must allow full or partial early repayment, and if you shorten the loan term it must proportionally refund part of the fees already charged, such as the origination fee. Check your contract for any early-repayment compensation - it's uncommon for personal loans, but worth verifying before you sign.

A personal loan works well when you need extra funds for a specific purpose and have no other active debts to sort out. A debt consolidation loan is worth considering when you're repaying several loans or cards at once and want to combine them into a single, usually lower payment - the trade-off can be a longer overall repayment term.

Yes - the bank assesses creditworthiness individually and can refuse if your income is too low relative to the amount requested, your credit history shows missed payments on other debts, or you have too short an employment record or an unstable income source. A refusal from one bank doesn't mean every bank will refuse - assessment criteria vary between institutions.