A very favorable offer for a 20000 euro credit with 48 months duration holds the Camibank ready. There, the monthly repayment rate is only € 453.44 and remains constant from beginning to end.
So you get a loan
This also applies to the individually agreed borrowing rate. However, this is credit-dependent and can be between 4.29 and 10.99%. Customers with a good to very good credit rating have a particularly high chance of a low interest rate. A second applicant can also help to improve creditworthiness and lower the borrowing rate.
An alternative to the Camibank could be Creditos. There is also a very reasonably priced 20000 euro loan with 48 months duration offered. As a monthly repayments, customers would have to raise 453.96 euros.
All this happens at a credit-dependent borrowing rate of 4.35 to 10.90%. Almost as cheap as the Camibank and Creditos. is the Credit Europe Bank. Here, the APR for the € 20,000 loan with a maturity of 48 months is between 4.40 and 11.95%. The monthly repayment rate is uniform at 454.39 euros.
A 20000 Euro loan can be conveniently requested on the Internet. If you are interested, you only have to visit the websites of the respective banks and can apply for your desired loan there. Almost every bank has prepared a special application form for the € 20,000 loan, which the customer only has to fill out and then return to the bank. Within a short time, he will then receive an interim decision on the approval or rejection of his loan application. However, the bank can not make a final decision until it has received all the necessary documents in writing. This also requires the PostIdent procedure.
Every loan application is checked very carefully by the banks. This is usually done on the basis of certain criteria, which are binding for all German banks and savings banks. Every borrower must be at least 18 years old and have an official residence in Germany.
Credit only with good credit
Reaching the age of majority and a permanent residence are indispensable, but not enough for a loan approval. For this, additional conditions would have to be met, which include, above all, a good credit rating in the form of flawless private credit information and a sufficiently high income. The latter must be paid on a regular basis and therefore necessarily result from a job as a permanent employee.
In addition, it is also very important that the borrower is no longer in the probationary period and is not a loan or temporary worker. Appropriate evidence must be provided at any time. Otherwise, the loan application must be rejected. The banks then appear to be too big a risk. This is mainly because the regular monthly income is often the only security a private creditor can prove.