This is a loan we know most people: You apply for a loan and you pay it over an agreed period at a specific interest rate to the lender – usually the bank – back. The additional costs resulting from the interest rate thus provide a kind of fee ( more… )

It is a situation that is quite commonplace when applying for a loan . The bank is not completely convinced of the creditworthiness and the collateral offered for a loan. It makes it clear to the potential borrower that you are only willing to provide the loan you need by ( more… )