Cash loans in Germany

✓ Pros

• ✓High loan amounts up to €100,000
• ✓No processing or account management fees
• ✓Free special repayment up to 70% of the loan amount
• ✓Long terms of up to 120 months

✕ Cons

• ✕Only available to employees with a permanent employment contract
• ✕Self-employed individuals, freelancers, and students excluded
• ✕Effective rate from 5.29% only for top creditworthiness
• ✕Early repayment penalty for larger special repayments

✓ Pros

• ✓Individual creditworthiness assessment instead of rigid bank standards
• ✓Possible even with minor Schufa entries
• ✓Free extra repayments at any time
• ✓Loan amounts up to €50,000, terms up to 84 months

✕ Cons

• ✕No reliable rate before individual review
• ✕Processing fee of 2.95% of the loan amount
• ✕Not a traditional bank — loan brokered via a platform

✓ Pros

• ✓No traditional income proof or profit-and-loss statement (BWA) required
• ✓Individual rate assessment via the auxmoney score, not just Schufa
• ✓Free partial early repayments at any time
• ✓Specifically tailored to self-employed applicants

✕ Cons

• ✕Processing fee of 2.95% on top of the interest
• ✕This specific offer is capped at €3,900
• ✕APR varies significantly depending on the individual score
• ✕Maximum term of 36 months can mean higher monthly instalments

✓ Pros

• ✓No processing fee
• ✓Free extra repayments up to 20% per year
• ✓One fee-free payment break per year
• ✓Loan amounts up to €50,000

✕ Cons

• ✕Real rate usually higher than advertised best rate (representative 6.69%)
• ✕No minimum income stated
• ✕Only individual applications possible

✓ Pros

• ✓No processing fee
• ✓Fee-free unscheduled repayments up to 20% per year
• ✓Fee-free payment holiday
• ✓No need to submit vehicle registration certificate part II

✕ Cons

• ✕APR on bank's page higher than originally advertised (5.59%-6.59%)
• ✕Only available to individuals
• ✕Requires a digital account check

✓ Pros

• ✓Very low entry rate from 2.99% APR
• ✓Wide loan amount range, €1,500 to €100,000
• ✓Short minimum term from 6 months

✕ Cons

• ✕Processing fee and early repayment terms not publicly available
• ✕Specific creditworthiness and income requirements not publicly available

✓ Pros

• ✓Attractive entry rate from 3.29% APR
• ✓Very wide loan amount range, €1,500 to €100,000
• ✓Short minimum term from 6 months
• ✓Fully digital online application

✕ Cons

• ✕Rate range up to 12.49% APR for weaker creditworthiness
• ✕Early repayment not free, penalty applies
• ✕No minimum income stated on the offer page

✓ Pros

• ✓Effective annual rate from 1.95% for good creditworthiness
• ✓No processing fee
• ✓Free special repayments within the stated conditions
• ✓Flexible terms from 12 to 96 months
• ✓Fully applicable online

✕ Cons

• ✕Effective rate can rise to 8.99% for weaker creditworthiness
• ✕Early repayment penalty possible for larger special repayments
• ✕Only available to residents of Germany

✓ Pros

• ✓Low rate from 3.25% APR with very good creditworthiness
• ✓Fully digital application, no branch visit needed
• ✓Free additional and full repayment, no early repayment penalty
• ✓Flexible term from 12 to 120 months
• ✓Loan amounts up to €80,000 available

✕ Cons

• ✕APR range up to 11.74% depending on creditworthiness
• ✕Designed only for salaried employees
• ✕Residence in Germany is mandatory

✓ Pros

• ✓Rate independent of creditworthiness, no uncertainty about rate tier
• ✓Free additional repayment at any time, no early repayment penalty
• ✓Flexible term from 12 to 120 months
• ✓Loan amounts up to €100,000 available
• ✓Fast Sofort variant via digital account check

✕ Cons

• ✕APR from 6.79% notably higher than entry rate of creditworthiness-based competitors
• ✕No minimum loan amount stated on the offer page
• ✕No specific minimum income stated

✓ Pros

• ✓Loan amounts from €1,000 to €80,000
• ✓Long term of up to 120 months
• ✓Special repayments possible at any time
• ✓Direct payout to your own current account

✕ Cons

• ✕Only available to customers with a current account at Frankfurter Sparkasse
• ✕Effective annual percentage rate not publicly disclosed
• ✕Salary or pension payments into the account required
• ✕Online banking use required

✓ Pros

• ✓Very low minimum loan amount from €100
• ✓Flexible terms from 3 to 120 months
• ✓Applications with a negative Schufa record are also reviewed
• ✓Initial inquiry is Schufa-neutral according to the provider
• ✓No upfront costs according to the provider's marketing claim

✕ Cons

• ✕Representative example at 4.62% effective, well above the advertised best rate of 1.99%
• ✕One-time 1.25% commission mentioned in the representative example
• ✕No fixed absolute maximum loan amount stated on the offer page

✓ Pros

• ✓Wide interest rate range with entry rate from 3.99% APR
• ✓Free additional repayment up to 80% of the outstanding balance
• ✓Fast credit decision within a few days
• ✓Limited-time promotional loan with a favorable rate available
• ✓28-day contractual right of withdrawal

✕ Cons

• ✕Full early repayment comes with an early repayment penalty
• ✕Only for salaried employees and retirees; self-employed need a separate offer
• ✕Maximum loan amount of €75,000 somewhat lower than some competitors

✓ Pros

• ✓Automatic interest discount of 0.20 points from €40,001 loan amount
• ✓Unlimited, free additional repayments possible at any time
• ✓Clearly defined minimum income of €1,600 per month
• ✓Wide loan amount range, €5,000 to €100,000
• ✓Flexible term from 12 to 120 months

✕ Cons

• ✕Minimum income of €1,600 per month excludes lower earners
• ✕Minimum loan amount of €5,000 higher than some competitors
• ✕Rate range up to 10.99% APR for weaker creditworthiness

✓ Pros

• ✓Very high possible loan range up to €250,000
• ✓Great flexibility in term, from 1 to 120 months
• ✓Effective APR from 3.99% for good creditworthiness
• ✓No processing fee according to the database

✕ Cons

• ✕Minimum loan amount of €3,000 — not suitable for smaller amounts
• ✕The actual rate is only confirmed after an individual credit check
• ✕No further publicly available information on requirements or early repayment terms

✓ Pros

• ✓Effective annual rate from 3.69% for good creditworthiness
• ✓Terms of up to 120 months available
• ✓Low-interest guarantee with €50 refund
• ✓No processing fee

✕ Cons

• ✕Special repayment possible only once a year
• ✕Special repayment capped at 50% of the remaining balance
• ✕Minimum employment duration of 6 months required
• ✕Rate can rise to 14.40% for weaker creditworthiness

✓ Pros

• ✓Attractive entry rate from 3.25% APR with very good creditworthiness
• ✓Additional repayments and full repayment free at any time
• ✓No early repayment penalty
• ✓Flexible term from 12 to 120 months
• ✓Fully digital application process

✕ Cons

• ✕Rate range up to 14.30% APR for weaker creditworthiness
• ✕Online loan amount capped at €80,000
• ✕No specific minimum income stated

✓ Pros

• ✓No processing fee
• ✓Free extra repayments at any time
• ✓Loan amounts up to €80,000
• ✓Fixed, predictable monthly instalments

✕ Cons

• ✕Only accessible with a Sparkasse account receiving salary/pension
• ✕No guaranteed rate in advance
• ✕Term hard to assess from available data

✓ Pros

• ✓High loan range of up to €75,000
• ✓Borrowing rate fixed for the entire term
• ✓No separate processing fee listed
• ✓No Santander current account required
• ✓Fast processing, sometimes real-time disbursement

✕ Cons

• ✕Rate range up to 11.37% borrowing / 11.98% effective for weaker creditworthiness
• ✕Representative example at 7.27% effective – well above the theoretical best rate
• ✕Negative Schufa entries lead to rejection
• ✕No information on early repayment terms on the offer page

✓ Pros

• ✓Fixed nominal interest rate for the entire term
• ✓Two term models: with and without a balloon payment
• ✓High maximum loan amount of up to €150,000
• ✓No separate processing fee according to our database

✕ Cons

• ✕APR from 5.29% is considerably higher than the figure originally recorded in our database
• ✕Early-repayment penalty of 1% of the remaining balance for full early repayment
• ✕Vehicle registration document (Kfz-Brief) must be pledged as collateral
• ✕Minimum loan amount of €3,000 (rather than the €500 in our database)