Cash loans in Germany

✓ Pros

• ✓Effective annual rate from 2.99% for good creditworthiness
• ✓Loan amounts up to €75,000
• ✓Fast payout within 1-2 business days
• ✓Established, large loan provider in Germany

✕ Cons

• ✕Rate can rise to 11.98% for weaker creditworthiness
• ✕No public details on special repayment limits or costs
• ✕Negative SCHUFA entries lead to rejection

✓ 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

• ✓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

• ✓No processing fee
• ✓Attractive entry rate from 2.45% APR
• ✓Wide loan amount range from €1,500 to €65,000
• ✓Fully applicable online

✕ Cons

• ✕The advertised rate is only a starting ("ab") rate — the actual rate depends on individual creditworthiness
• ✕Detailed terms on early repayment and further fees were not visible on the offer page
• ✕No flat rate without a credit check apparent

✓ 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

• ✓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

• ✓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

• ✓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

• ✓Very low borrowing rate from 0.67% p.a. for top-tier credit ratings
• ✓Effective APR from 0.68% – one of the cheapest rates in comparison
• ✓No processing fee
• ✓Long repayment terms of up to 84 months
• ✓Access to multiple partner banks through a single application

✕ Cons

• ✕The actual rate is only confirmed after an individual credit check
• ✕Minimum loan amount of €5,000 – not suitable for smaller amounts
• ✕Minimum term of 48 months, no short-term option
• ✕No information available on early repayment terms