In the event of a short-term shortage of money, many bank customers make do with the dispokredit of their respective checking account. However, the often high interest rates on such loans mean that repayment is expensive. Other types of credit, from installment loans to call loans, can help.
High interest rates for overdraft facilities
Many consumers use the dispo credit of their current account in case of a temporary lack of money. Although this is easily available and above all without an additional contract with the bank, it also brings major disadvantages with it.
Short term loan – top providers
There are a number of providers who specialize primarily in smaller loan amounts with fast disbursement. How to easily compensate for a temporary lack of money. These lenders operate almost exclusively online, which has the additional advantage that there is no paperwork involved. We have found the best offer with the following providers:
Credimaxx is known not only for its fast processing, but also for the fact that every request is checked individually and that even people with a negative credit history have a good chance of getting a loan. The loan amount is between 3.000 and 30.000 euro.
To credimaxx
Cashper is particularly suitable when smaller gaps in the finances are to be plugged. The provider works quite unbureaucratic and fast. First-time customers can choose between 100 and 1.Apply for 500 euro.
About cashper
Ferratum money cooperates with the well-known provider xpresskredit and also offers small, quick loans between 50 and 600 euro for first-time customers.
About ferratum
Often these small loans are also cheaper than loans from the bank, which have different disadvantages. On the one hand, the high redemption interest. The interest to be paid on such a loan can be between 8 and up to 15 percent, making it even more difficult to settle the debt. On the other hand, the money that is readily available without the need for further contracts quickly leads to the inclusion of various debts in the daily routine itself. So there is a risk that you regularly take out loans regardless of the conditions, without even really being aware of it. There is a high probability that there are more favorable credit offers to bridge financial bottlenecks.
You can find more serious loans in our seriousness check.
Classic installment loans
Thanks to their variable terms, conventional installment loans can also help with short-term financial bottlenecks. With a term of a moderate 12 months, but correspondingly higher installment payments that the borrower must subsequently make, even a temporary lack of money can be managed with the help of a bank.
A comparison between different banks is important, as the interest burden often varies considerably. Our specially programmed and unique calculator, which compiles the best offers from the best comparisons, helps you to compare loans.
Advantages of online loans over bank loans
Especially in the area of online loans, you can find a fast, cheap loan that can replace the overdraft facility. Traditional banks are less suitable here, as applying for a loan takes more time in most cases.
A small loan on the net is often much faster to apply for and is often also paid out quickly. In addition
Call or framework loans
Call or. Framework loans are a favorable alternative to dispo loans, but are not offered by all banks. In the case of such a loan, the borrower concludes a contract with a bank, which subsequently transfers the specified loan amount to the borrower's own checking account.
The advantage of such a loan lies on the one hand in the variably determinable amount of the granted loan and on the other hand in the moderate interest rates. Repayment is also extremely variable. A wide range of options is available, from a minimum monthly payment (usually based on 2% of the loan volume) to a one-time repayment. Framework loans are only available to consumers with a regular income of more than 1,000 euros net and an impeccable credit report.