Cash loans in Germany

✓ Pros

• ✓APR from 5.29%
• ✓No processing fee
• ✓Free unscheduled repayments
• ✓Terms from 24 to 120 months

✕ Cons

• ✕APR range up to 8.29% depending on creditworthiness
• ✕Not available to self-employed/freelancers
• ✕Requires open-ended employment or pension

✓ 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)

✓ Pros

• ✓No processing fee
• ✓Free extra repayments at any time
• ✓Loan amounts up to €100,000
• ✓Flexible term from 24 to 120 months

✕ Cons

• ✕Realistic rate closer to 6.29% than the advertised best rate
• ✕Requires 6+ months job tenure and a permanent contract
• ✕No negative Schufa or CRIF entries allowed

✓ 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

• ✓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

• ✓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

• ✓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 proof of income required
• ✓No processing fee
• ✓Free extra repayments at any time
• ✓Up to €250,000 with up to three policies

✕ Cons

• ✕Only usable with a whole life insurance policy with surrender value
• ✕Loan amount capped by the policy's surrender value
• ✕No negative Schufa entries allowed

✓ Pros

• ✓No processing fee
• ✓APR from 5.29% for applicants with very good credit
• ✓Special repayments always free of charge
• ✓Long terms up to 120 months for lower monthly instalments

✕ Cons

• ✕Interest rate can rise to 12.99% APR depending on creditworthiness
• ✕Per the provider, only available from €7,500 net loan amount
• ✕Not available to self-employed people or business owners
• ✕Minimum six months' tenure with current employer required

✓ 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