Many Germans rely on a loan for their purchases. In order not to see the sale of their goods failing to finance, trading houses and other companies offer them as a service.
While car dealers have been offering a loan of 7000 euros for some time now, travel agencies and furniture stores have specialized in them. In addition to all-round support, they also enjoy attractive commissions. However, such offers are not always attractive and should be scrutinized more closely. Even a zero-percent financing, customers should generally believe no faith, as often the small letter refers to high processing fees. In the search for a cheap 7000 Euro credit, the prospect should consult an online comparison portal.
These often choose Camibank as the winner of the competition. The 7000 euro loan is to have an annual percentage rate between 4.29% and 9.99%. The exact amount will be given to the applicant only after checking the creditworthiness. The lowest interest rate is 48 months for a monthly installment of 158.71 euros. As a result, the interest component, over the entire term, is € 1,186.62. Even higher-value purchases up to a value of 50,000 euros are financed through this bank. To keep the monthly installments low, maturities of up to 84 months are expected. Excess revenue can be used by the lender as special payments to repay the loan more quickly. However, this right can only be exercised after a waiting period of 6 months.
The 7000 euro loan can be taken up to insignificantly worse conditions over the loan broker credito-online In co-operation with numerous credit institutes, loans up to a height of 200,000 euro are mediated. Possible maturities of up to 84 months are possible. Taking into account a credit-dependent annual effective interest rate of 4.35% to 10.90% and a credit period of 48 months, monthly loan installments of 158.89 euros are due. Unscheduled repayments will also be permitted after the expiration of a 6 month hold period by that credit provider. In order to protect against a loan default, but also as a hedge for the survivors of the credit holder, a residual debt insurance is always offered. This assumes the credit obligation not only in the event of death but also if the customer becomes unemployed or unfit for work.
Europe Creditors Bank also regularly achieves good placings. The offer can flexibly put together the loan seeker. This limit is limited only by a maximum loan amount of 50,000 euros and a maximum term of 84 months. A € 7000 loan is accompanied by effective interest rates between 4.40% and 11.95%. In this context, the creditworthiness of the customer plays the decisive role. Accordingly, the credit holder has to pay a rate of 159.04 euros a month at best. Special repayments are possible 6 months after the conclusion of the contract.
Requirements for 7000 Euro Loan
The 7000 Euro credit is only given to persons who have reached the age of 18 years. These must also have their permanent residence and their bank account inland. The loan is only available if the private credit has nothing to complain about. If the customer has noticed this negatively in the past three years, the negative note will result in an immediate credit rejection. An indefinite employment relationship together with an employment of 6 months is also obligatory. This period is understood without consideration of any probationary period. The earnings must be sufficient to cover not only the usual cost of living but also the monthly loan installment. The income level is to be substantiated by two payslips. The 7000 Euro loan can also apply for self-employment.