Compare Cheap Installment Loans: Compare Top Deals

We gives information around the topic of online loans. Numerous providers, numerous loans: One has the known agony of choice. The problem: Counseling by the house bank is not always independent. We inform about the online installment loan – the best guidebook for an individual credit profile. Find the best terms and the cheapest installment loan for your needs.

Take some time, because you should know exactly what it is, before you make an online installment loan. We inform comprehensively: Which requirements must be met by cheap installment loans? What are quality characteristics? Online installment loans in comparison: Which online installment loan makes sense for whom? Which providers are recommended? We have tested and give you an overview of the offer – only then can you make the best decision.

How does our online loan comparison work?

You do not have to be inhibited if you want to use our website. It is quite simple: You just have to specify what loan amount you are looking for, the term and purpose are also important. In this case, it is about a installment loan.

A installment loan is a loan that is repaid in installments at a predetermined interest rate. The interest rates are usually set individually. Their amount depends on the size of the loan and the creditworthiness of the borrower. Generally speaking, the lower the amount and the more installments are agreed, the higher the interest rate will be.

Cheap Online Installment Loans: The search is not difficult!

First, it is easy to understand: a installment loan is a standardized product of banks for private customers. As a rule, the two parties agree on a monthly installment, the term of a loan varies. The borrowed amount and the interest and fees of the credit institution must be repaid within the specified time. A installment loan is usually awarded for sums between 1,000, – to 75,000, – €. For smaller or larger sums, banks usually offer other types of loans.

There are numerous offers that you will come across as soon as you search the internet. To find a cheap installment loan online whose quality you can count on, you should take some advice. With our installment credit comparison, however, the selection will not be difficult for you.

Seriousness in the test: The quality of installment loans

 The biggest concern of most borrowers is that you could fall for dubious providers and blindly fall into a debt trap that makes them hard to get rid of. The fear is not entirely unjustified, especially as in this area many fraud attempts are made to exploit the situation of a borrower.

That’s why it’s even more important for you to be well informed in order to actually assess the seriousness of a cheap online installment loan. We have put together the five decisive quality features for you:

  • The bank does not charge any hidden fees, which are hidden in the fine print. Get help if you are not sure and present the loan contract to a specialist or a specialist. Even the consumer centers offer a good and free service, should you have any doubts.
  • No usury! The average interest rate is about 6 percent, from 10 percent APR, the rate is well above the average. Cheap online installment loans you get from 3 percent.
  • Special repayments are possible. Of course, a good lender will allow free reimbursement in addition to the agreed rates, even if it reduces the term.
  • No processing fees. In addition to the above fees for additional insurance, banks are not allowed to charge processing fees on the credit opening.
  • Transparency through interest rate-independent interest rates. Non-credit-linked interest rates, which enable even low-income clients to take out loans, are still not very common. We rate credit-independent interest rates not just for social reasons, but also because of the associated transparency as a quality feature. The APRs can be compared in this way since interest rates are not individualized.

The comparison: is a installment loan useful for you?

There are numerous loan options: home savings loans, lightning loans, auto loans and many more. Whether an online installment loan makes sense for you, is our short test. Just answer the following questions:

  • Are you looking for financing up to a maximum of 75,000 euros?
  • You want to make a short-term purchase? Or have a financial emergency, because a device, the car or other broken?
  • Do you have regular income?
  • The agreed rate is to be paid by you? You have set up a good financing plan?
  • The burden of the loan can be estimated for you over the entire term? You have included the costs in your private plans?
  • Have you been blinded by a cheap installment loan offer and have not objectively compared all the terms?

Can you answer most questions with “yes”: An installment loan sounds like the best solution. Did you answer most questions with “No”: A installment loan should not be envisaged. If your answers are balanced, look for independent advice that will help you.

5 questions: You should know that!

1. What collateral must be deposited?

 As a rule, no special securities are needed. However, you must have a Private credit information available and possibly also payroll. In any case, after completing the online installment loan, a message will be sent to the Private credit.

If your credit rating does not satisfy the lender, then additional collateral will be required: A guarantee would be a possible option here. However, the requirements differ from bank to bank in the end.

2. How is the repayment done?

The term of an online installment loan is up to a maximum of 84 months (7 years), in exceptional cases up to 120 months (10 years). The amount of the monthly installment depends on the amount borrowed, the interest accrued and the fees that may be added – depending on the institution.

Attention to the fees! Since 2004, processing fees are no longer allowed! Until then, many banks have demanded a processing fee of 2 to 3.5 percent of the loan amount, which has been banned by the BGH, however.

Additional fees may apply for a so-called residual debt insurance. Some banks insist on taking out such insurance, which intervenes in the event of death, illness or unemployment, to pay off the remainder of the debt. The costs incurred by the insurance must be paid by the borrower.

Beware of the hidden costs that may come your way!

 The general conditions that banks initially name are always adjusted individually. An additional residual debt insurance can be very expensive. However, if you do get involved, be sure to take out fair insurance. It is highly recommended to read the fine print carefully. For many policies, the insurance only comes into effect after a waiting period of up to six months. You can also expect unpleasant surprises when it comes to the benefit period: it is often limited to just 12 months.

3. What interest do you need to expect?

In general, it can be said that even a cheap online installment loan demands higher interest rates than mortgage lending. Our installment loan comparison with discretionary loans again shows that the interest rates are much lower with a favorable installment loan.

Exact numbers are difficult to name, as most interest rates are set individually. The amount of interest depends on the amount of the loan and the creditworthiness of the borrower. We tested the best online installment loans in comparison.

As a rule of thumb, you can remember: the lower the amount and the more installments are agreed, the higher the interest rate will be. The financing of an installment loan is so very expensive in such a case. It is advisable to arrange as few installments and a short term as possible in order to reduce the costs.

4. Can I terminate an online installment loan?

There are two ways to resolve an installment loan:

  • Customers have a right of objection of 14 days. The consequence of this is: The loan amount must be repaid immediately.
  • A installment loan can also be terminated. Borrowers can always withdraw from the loan agreement since 2010 without any notice period. However, in such cases, banks may require a prepayment penalty. However, the amount of the compensation is not arbitrary, but has been specified by the legislator. For loans with a maturity of more than 12 months, the maximum is 1.0 percent. For loans with a maturity of less than 12 months, no more than 0.5 percent of the remaining debt is permitted as compensation.

The exact legal requirements can be found in the BGB: Termination of installment loans in paragraph 489 and the contradiction in paragraph 495.

5. Can the bank cancel the customer?

Do not worry, as long as you comply with all the obligations you have entered into with the loan agreement, a termination by the credit bank is not possible. The requirements are:

  • At least two consecutive installments must not have been paid in whole or in part.
  • There must be three reminders that meet a two-week deadline. In the third reminder, a loan termination must have been threatened.

The current situation: the top 3 in the market

 Now you should have an overview of what you should know about an online installment loan and what you have to consider before signing a contract. But one question still exists: Which good providers are currently on the market?

We have put together the best installment loan offers at a glance:

The Alibank: top mark!

The Alibank offers an excellent online installment credit, which can fulfill all our quality features: The online installment loan is offered without residual debt insurance, the interest rate is cheap and fair and does not depend on the creditworthiness of the borrower. The award was given to Focus Money as “Best Installment Loan” and the Alibank as “Fairest Direct Bank” in 2014.

  • 4.45% eff. Interest pa
  • 4.36% debit interest pa

Survey the situation with the Alibank Loan Calculator

SKG Bank: very good offer!

Closely followed is the Alibank offer for favorable installment loans in comparison with SKG Bank : also highly recommended and of the highest quality. SKG does not charge processing fees, special repayments and early repayment are free of charge. In addition, a good rate protection insurance can be completed, which not only costs, but offers an actual protection for the insured. An interest-rate-independent rate also convinces here.

  • 4.50% eff. Interest pa
  • 4.41% debit interest pa

Everything in the overview: The loan application at the SKG

Alibank: Excellent for middle earners!

The only drawback of the installment loan offer at Alibank: Interest rates are calculated individually and are not independent of credit rating. The benefits are all the greater: there are no processing fees, special repayments or early repayments are free of charge, as well as a rescheduling or replacement of existing liabilities. Very good offer for anyone who can present a salary certificate with a good income.

  • 2/3 of all customers receive: 4,79% eff. Interest pa
  • 4.69% debit interest pa

Calculate the desired loan at Alibank

The top providers for cheap online installment credits in comparison: Alibank takes first place with interest-rate-independent interest rates and best terms, closely followed by SKG with a slightly higher APR. For income-secure customers, Alibank is a very good recommendation with favorable interest rates and the possibility of free special repayment.

How do installment loans develop in the future?

Of course, the future of the installment loan is difficult to estimate. Above all, our installment credit comparison has shown that it is important to recognize hidden costs. Good providers are characterized by transparency of fees and fair conditions. This market model will presumably become more and more prevalent through selection by consumer demand. Interest rates are difficult to predict as they depend on many factors. It remains exciting!

5 tips and tricks for dealing with the installment loan

When you take out a loan, you are in debt and make certain commitments. You have to learn a good way to handle it. Here are tips and tricks to help you manage your debts in the best possible way.

1. Pay attention to free special repayment!

If the provider does not allow this possibility, it is worth looking for alternatives!

2. Check the residual debt insurance!

Convince yourself that the insurance makes sense for you and does not turn out financially to your disadvantage!

3. Pay attention to credit-independent interest!

This is especially true if you are not among the better earners.

4. Create a realistic installment plan!

Be sure that you can bear the financial burden and oversee in the longer term.

5. Use credit comparison!

To make a wise decision for the right online installment loan, you should not rush – but to inform!

Instant loan despite negative private credit – The best provider?

Once an invoice is not paid or a rate is not paid and already there is a negative entry in the Private credit.

Sometimes it can be quick, but free instant loans are an alternative to a temporary liquidity problem.

  • Fast payout without Private credit query
  • Ideal for borrowers with negative Private credit
  • Even small loans possible

Which possibilities for the instant loan despite negative Private credit offer themselves?

There are many different options online to apply for credit even with a bad credit rating. In our test, we took the individual providers under the microscope and awarded the test winner.

Loans from private to private with creditend or moneyor

Private borrowers who need a small cash injection as quickly as possible can call on the P2P intermediaries. Suppliers such as creditend and moneyor provide a platform for investors and borrowers who can come together here.

The advantages of P2P providers:

  • The money is paid out quickly
  • Private credit query is often not performed
  • Amount of the amounts is variable

The disadvantages of P2P providers:

  • No guarantee for a loan commitment
  • Partly quite high interest rates
  • Partial indication of collateral necessary

Microcredits: for the short bridge

If the money is already all, but the month is still a few days, there may be bottlenecks. These can be bridged, for example, by a microcredit. Vexcash or Xpresskredit offer fast microcredits and waive this part of a positive Private credit.

The advantages of microcredit:

  • Excellent for short-term bridging
  • Terms very low
  • Payout is fast

The disadvantages of microcredit:

  • Only small amounts between 500 and 3,000 euros possible
  • Repayment must be made quickly
  • Interest rates can sometimes be high

The concept of online pawnshop:

The online pawn shops are also very successful. iPfand is the most popular platform and offers the opportunity to store valuables. Again, the payment is made without a view of the Private credit.

The advantages of online pawnshops:

  • Valuables can be transferred for money
  • Fast bridging of money problems
  • Fast triggering possible

The disadvantages of online pawnshops:

  • High interest rates on the loans
  • If payment can not be made, the valuable item becomes the property of the pawnshop
  • Not all valuables are accepted

Our test winner: Private credit-free instant loan with Maxcredit

In addition to the alternatives to a loan without Private credit mentioned here, there are also direct intermediaries for an instant loan despite negative Private credit, such as Bon-Kredit and Maxcredit. In our test, the supplier Maxcredit was particularly convincing. The request for a loan is here completely free of charge and without obligation. In addition, the request is made within a few minutes. The payment is made in the case of a commitment directly and in the amount of 100 percent.

The fast processing speaks for itself. Maxcredit’s requests are also processed over the weekend or even on public holidays. This is especially beneficial when money is needed very quickly. The provider’s annual percentage rate ranges from 5.29 to 15.95 percent. Even if interest rates can go relatively high, there is also the possibility of receiving low interest rates. The offered interest rates are fixed here for the entire term, so they do not change. The contract periods range from 12 to 120 months and are therefore also very flexible. The loans without Private credit are mediated with amounts between 3,500 and 7,500 euros and are thus quite high. This Maxcredit scores with a very successful overall concept, which is quite a good way to get even with a negative Private credit a loan.

Conclusion:

There are several options for an instant loan even with negative Private credit. Maxcredit scores with a combination of fast processing, fair interest rates and flexible repayment. The request for a loan is not only completely free but also absolutely non-binding.

Fast loan for small businesses without a house bank!

Credit for small businesses: thanks to Financial Technologies alternatives to conventional bank loans!

Urgently sought: Credit for small businesses, as an alternative to the house bank! In fact, the self-employed, small businesses, freelancers and tradesmen are often desperately looking for a short-term, fast financing solution to bridge a funding gap in the sense of a bridging loan.

Open payments, unexpected repairs, or unexpected back payments are just a few of the many reasons that can lead small businesses and the self-employed to financial hardship. A classic bank loan could help, but since the introduction of Basel III lending rules, this has become very difficult for small businesses.

Add to that, that one would like to stress the laboriously built up trust with the house bank only with short-term loan inquiries. In most cases, the house bank is not the right contact for short-term financing problems.

Financial Technologies company focused on short-term loan solutions and bridging finance

 

The primary financing needs of small businesses and the self-employed are short-term. Here unbureaucratic and uncomplicated solutions are required. However, conventional banks (including the house bank) usually run a business model that is geared to long-term loans (installment loans). They are thus hardly able to respond to short-term financing problems of their customers.

Our short-term loan solutions are the two Financial Technologies companies financinga and inancingent.

financinga for short-term loan for small businesses and the self-employed

The Financial Technologies company financinga specializes in fast, short-term loan solutions of up to € 100,000 and maturities of up to 12 months. Its innovative credit-worthiness analysis technology allows fast credit decisions within hours!

With the financinga online platform, self-employed people and SMEs can apply for loans in just a few minutes, for example, to buy goods, settle unexpected bills or secure growth. Thus, the financinga loan offer is ideally suited for short-term financing solutions as bridge financing, bridging loan and for problem solving of unforeseen financing bottlenecks or liquidity gaps.

The Financial Technologies company financinga has been a test winner for short-term loan solutions for small companies, self-employed and business people for months!

inancingent for short-term loan for small businesses, self-employed and medium-sized companies

The Financial Technologies company inancingent is known for its bank-independent and cross-product financing solutions for the self-employed, tradesmen and medium-sized companies. inancingent now offers short-term credit solutions for Employment Credit with special conditions!

With the Employment Credit, a loan solution is offered, which can be adapted quickly, comfortably and flexibly to the financing plans. From 10,000 euros, financing with a duration of between six and 60 months is possible. The loan amount can be taken up as low as 2.7 percent nominal interest without the need for collateral. The Employment Credit as a quick loan for small businesses, the self-employed and SMEs is suitable for all those who simply need a classic loan.

With the Employment Credit, customers can receive a loan commitment of more than € 100,000 within just 24 hours, with a maximum of € 750,000 within 48 hours 

For those in need of more complex financing, inancingent continues to provide expert and product independent expert advice on all financing products. See also:
SME tip: With one request, access to 220 financial partners and 1,700 subsidies!

Further tips for creditors for small businesses and the self-employed…

    1. Our advice: First study the credit requirements, and then submit the application! This saves unnecessary frustration and false hopes.
    2. Fresh capital through money from the state through state subsidy programs. More at: Subsidies for the self-employed, traders and SMEs
    3. The time-consuming search for funding does not have to be: Access to 220 financing offers and 1,700 funding programs with just one online request? Yes, that is possible! More at: SME tip: With one request access to 220 financial partners and 1,700 funding!
    4. With the financial portal inancingent the credit chances increase by 100%! Another advantage: you save 30% interest! More: SME tip: 100% higher credit chances and 30% interest savings!
    5. With inancingent you can choose from 220 finance partners for commercial real estate financing!
    6. Offers for credit for small businesses of different providers may be relatively different. Therefore: Always catch up on multiple offers and compare: With the credit formula can save up to 40% interest!
    7. Often forgotten: A financially strong guarantor always increases the chances of getting a loan (including cheaper credit terms).
    8. With small business loans, credit insurance can be helpful as extra security!
    9. In addition to a guarantee or credit insurance, there are other securities that increase the chances of a loan for small companies.

Everything else is found in our practice guide loans for small businesses and the self-employed.

Welcome to the Institute for Truth Studies web site!

Welcome to the Institute for Truth Studies web site. ITS serves as a Truth-Information clearing house specializing in the areas of History, Theology, Science, Politics-Conspiracy and Divine Law. The ITS was founded simply for the research and dissemination of Truth for the masses in the hope that such vital information will serve as the foundation for establishing a better world.

In today’s time of increasing costs of products, great deals of individuals are always ready to deal. Go to our application page today to obtain started with your online installment loan. Best of all, these loan and short-term loans with month-to-month payments can be taken even with a poor credit history.

Please keep in mind that as you tour the site, it is the goal of ITS to continually add more offerings for the public. Many website addresses are planned to be added. Also keep in mind that the information offered herein is not considered “politically correct” or what the mainstream, controlled, press would consider “acceptable truth”. Much that is true today, and has always been true for that matter, is continually censored by the establishment “news” networks and never sees the “Light of Day”. Over the past decade, thanks to the internet and the world wide web, the “freedom of speech” and “freedom of information” blockades have finally started to crumble, at least for the millions who frequent cyberspace.

Every effort has been made to cross-reference, document and verify the veracity of the offered materials, in general. However, this does NOT imply that ITS necessarily agrees with or endorses each and every statement contained in the referenced works. Each individual seeker is strongly encouraged to do his or her own verification of the facts to the best of his or her own abilities and resources. In the end, we are all responsible for our own positions and convictions.

It is the hope of the ITS that your journey toward the Truth will be a swift and fulfil one, even if it turns out to be not exactly painless. Pleasant seeking. “The Truth against the world.”

• “You’ve been living in a dream world, Neo.”
Not everyone is looking out for your welfare, in fact, much of the time, it is the very opposite.
• Those who possess the gold, and the silver, make the rules AND CAN DEFINE YOUR PERCEIVED REALITY BY OWNING AND CONTROLLING THE MANY FORMS OF THE MEDIA AND EDUCATION. “1984”, “Brave New World” and a kind of waking “The Matrix” are approaching faster than many realize. The difference between reality and deliberately projected illusion is sometimes a very thin and subtle line.
• “I care not what puppet is placed upon the thrones of England to rule the empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.”
Baron Nathan Mayer de Rothschild
“Allow me to issue and control the money of a nation and I care not who writes its laws.”
Mayer Amschel Rothschild 1828
• “Their secret is that they have annexed from governments, monarchies, and republics the power to create the world’s money on debt-terms requiring tribute both in principal and interest.”
Prof. Carroll Quigley, renowned Georgetown historian, author of TRAGEDY AND HOPE
• “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson
• “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
James Madison
• “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but Government by the opinion and duress of a small group of dominant men.”
Woodrow Wilson in his later years, reflecting upon his signing of the Federal Reserve Act
• “For the more radical and inflammatory my propaganda was, the more this frightened weaklings and hesitant characters, and prevented them from penetrating the primary core of our organization.”
Adolph Hitler from “Mein Kampf”, translated by Ralph Manheim, page 586
• “Either you are with us, or you are with the terrorists.”
President George W. Bush

“IF THIS WERE A DICTATORSHIP IT WOULD BE A HECK OF A LOT EASIER, JUST SO LONG AS I’M THE DICTATOR.”
President George W. Bush
• Every nation must operate under SOMEONE’S law and all law is based on SOMEONE’S morality, whether it be God’s or man’s.
(As the Divine Law describes, usury is the destroyer of nations.)
“IT’S GOD’S LAW OR JUDGMENT.”