Cash loans in Germany

✓ 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

• ✓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

• ✓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

• ✓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

• ✓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

• ✓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

• ✓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

• ✓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