In finance and credit, there are concepts that at first glance do not seem so completely understandable. One of these terms is certainly the word “balloon financing”. So, if the question arises as to what balloon funding really is, where are you used and what should you look for ( more… )

  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… )

It’s so beautiful: Once in the clutches of Schufa and it’s over with the financial flexibility! And there is undoubtedly a lot of truth in it, because who has a negative entry in the SCHUFA, who has definitely significant difficulty to open an account to get a credit card or ( more… )

  Who does not know: A loan is needed due to a special situation. One informs oneself on the Internet by means of a credit comparison over suitable credit offers. These are matched with your own requirements and ultimately the decision for a specific loan offer is made. So the ( more… )

What are the German citizens to their obligations from a loan ? Will he be repaid on time? Are citizens inclined to make a hasty loan? These and a few further questions have occupied the SCHUFA for years. Every year, the credit behavior of German citizens is evaluated using their ( more… )

  The majority of German citizens are happy every year when the decision to tax return the previous year in the house. Because connected with the receipt, the notification is that a corresponding tax credit is available for payment. The joy is great and at once the question arises: what ( more… )

Granted – it’s a topic that people are reluctant to talk about. Surreptitiously displaced by many people up to a certain point of their own life and yet inevitably a topic to be dealt with: the passing away. Not only when it comes to making personal arrangements such as the ( more… )

Not having savings habits and postponing debt repayments are some examples of negative behaviors that can lead to over-indebtedness. Many of these errors stem from the lack of financial literacy received by consumers throughout life. Get to know some of the most common myths that can make you lose money ( more… )