Consumer credit from bank
bank is the perfect provider for your consumer credit. You get favorable terms and a fully automated credit process, so you have in a few minutes clarity whether you receive a consumer credit.
The bank consumer credit at a glance
- Anonymous, free and non-binding condition request
- No paperwork – thanks to innovative process and credit with eSign
- Instant confirmation within a few minutes
- Consumer credit between € 2,500 and € 25,000
- Flexible terms between 12 and 60 months
Use the consumer credit according to your ideas
You can use a consumer loan for a wide variety of applications. Classically, consumer credit is used by individuals to finance consumer goods. The loan is specifically designed to give you the freedom to fulfill your desires that you have long had in mind. Whether it’s purchasing a new smartphone, financing a new car, or providing financial means for the next trip, consumer credit adapts to your needs and makes them a reality. bank’s digital process gives you instant information and credit approval within minutes.
Cheap consumer credit – this is how it works
At bank you start the process to your cheap online loan with an anonymous and free condition request, through which you immediately get a suitable offer for you. With just a few details, you will immediately receive a first quote that includes the effective interest rate. If you decide to accept the offer, enter your personal details in the next step and register. Now it is only a few steps to the launch of the loan application. After entering your details, you can choose an offer and then choose between up to 5 different repayment terms. In the next step we verify the previous entries. This happens via digital account analysis, for which you simply log into our online banking via our interface and we analyze this automatically. Alternatively, you can also provide the required data via upload. With the digital analysis you have the advantage that you save a lot of time and enable an immediate commitment to your consumer credit. After successfully completing your loan request, you must legitimize yourself in the final step and sign the contract. In order to complete this step safely and quickly, we cooperate with IDnow at this point, allowing you to sign the loan agreement through innovative eSign and be legitimized in the same step. This procedure saves you the cumbersome and unnecessary way to the post office in comparison to the PostIdent procedure, so that you can carry out the entire process conveniently from the road or from the couch. A Giratorch consumer credit is 100% digital and 100% easy to carry out. Upon completion of the loan, we will pay you out in less than 24 hours.
You need this for an online consumer loan
- Internet access via laptop, PC, tablet or smartphone
- E-mail address for receiving the loan agreement
- Bank account and account statements (digital transmission or upload)
- Age of majority and ID document for legitimacy
- Residence in Germany
Transparent fees characterize bank’s consumer credit
Be inspired not only by excellent interest rates and our simple processes, we offer you a transparent and fair fee system. Here are the most important items:
|Loan offer & contract||FREE|
|early repayments (once a quarter)||FREE|
|Reminder costs (in case of default, per reminder)||EUR 7.50|
Credit comparison: Online consumer credit vs. classic credit
bank’s streamlined process of consumer credit not only helps you make a simple and quick loan application, it also shows clear cost advantages over traditional loans in interest rate comparison. The following example shows you a clear savings potential in the interest rate range of the loan:
|bank consumer credit||Classic installment credit|
|Amount of credit||10,000 €||10,000 €|
|Loan term||60 months||60 months|
|Eff. Annual interest (bank vs. comparative value)||2.89% *||6.00% **|
|Total interest costs||741,91 €||1,555.39 €|
|saving potential||813.48 € or over 8% of the loan amount|
* Credit provided. Repr. Example: Eff. Annual interest 4.62%, b. Debit interest 3.70% pa, net loan amount 7.500 €, term 3 years, commission once 1.25% of the net loan amount.
** Exemplary comparative value from interest rate statistics of the Deutsche Bundesbank
Our repayment service for you
- Consumer credit is repayable at any time
- Free repayments on specified dates
- Prepayment Compensation in accordance with the provisions of § 502 BGB
Completing a 60-month consumer loan does not mean that the loan really has to run the entire time. We offer you the opportunity to pay off your online loan at predetermined times for free and uncomplicated. If you wish to repay your loan at a different time, this is also possible. In doing so, we require a small prepayment penalty according to §502 BGB for the repayment. If you have further questions about our fees, you will find information in our price and service list .