Ranking of payday loans in Germany — September 2026

✓ Pros

• ✓No separate processing fee
• ✓Very fast credit decision according to the provider (around 60 seconds)
• ✓Schufa-neutral inquiry according to the provider
• ✓Flexible small amount of up to EUR 199 for short-term shortfalls

✕ Cons

• ✕APR starting at 13.50% noticeably higher than with classic installment loans
• ✕Only a one-month term – the full amount is repaid in one go
• ✕No information available on minimum income, age limit or early repayment
• ✕The amount range for this loan tier is narrowly limited to EUR 100–199

✓ Pros

• ✓Small loan amounts available from as low as €100
• ✓Up to €3,000 available for returning customers
• ✓No separate processing fee for the loan itself
• ✓Short, flexible term of 1 to 3 months
• ✓Low income threshold of €500 per month

✕ Cons

• ✕New customers are initially capped at a maximum of €1,000
• ✕Effective APR from 14.82% is well above classic installment loans
• ✕The optional "Smart Package" at €69 per month raises the total cost
• ✕No information available on early repayment conditions