How long does a transfer take?

Who makes a transfer, would like to rule that the money arrives as soon as possible. But despite modern technology, the credit is not immediate. How long it takes to reach the destination account depends on how the money transfer is made and where the recipient is located. For a few years, there is a law that sets the deadlines exactly. We have summarized the facts for you, see the following overview: How long may a transfer take by law? The approximation of German law to the EU Payment Services Directive also changed the execution deadlines for transfers in the…

A Loan Taken Out in a Loan Company is Also a Consumer Loan

A Loan Taken Out in a Loan Company is Also a Consumer Loan

Loans are usually associated with banks. According to the Banking Law, only banks can grant loans. Credit unions can also do it for their members. The most-similar loan is a cash loan. I wrote about the differences between a loan and a loan from a legal point of view: What is the difference between a loan and a loan? In addition to banks and credit unions, there are also many different companies on the financial market that specialize in granting loans. Some of them can even be seen on TV recently, heard on the radio, not to mention the internet…

Small loan in 24 hours

Small loan in 24 hours

The most popular type of loan currently offered is microcredit. Not only is he quick to record but also quickly disappeared from the life of the borrower. No wonder, therefore, that it is not considered for long whether such a loan should be taken up. More than 20,000 loans are issued each day in Germany alone. Most of these are small loans. These are divided between consumer loans and installment loans. While consumer credit is earmarked and can only be used for the purchase of very special items, the installment loan is free of constraints and obligations. It can be taken without the indication of a…

Payday loan with direct payment

Payday loan with direct payment

  Many people not only want a payday loan, but also a payday loan direct payout. This is especially true if they urgently or very urgently need money and do not want the money is transferred to the account. For a payday loan direct payout, there are several options. You can apply for the loan directly from a bank, wait for the result of the credit check and then immediately take the money with you. A payment is then made at the counter or at the cash desk of the bank. Basically, the offer of payday loans is very diverse and it should not…

Take Out Loan- You should Meet these Requirements

Take Out Loan- You should Meet these Requirements

If you need a loan, think of attractive interest rates, an uncomplicated application and a quick payout. But to make sure everything runs smoothly, you, the applicant, have to meet certain requirements. Which these are, what documents you have to present and what else you should consider. The requirements at a glance The conditions for a commitment are almost identical for all banks in Germany. When applying, you must also submit some documents. The prerequisites for a loan at a glance: Formal requirements Age : between 18 and 75 years (maximum age may vary slightly depending on the bank) Residence…