Practical articles on personal loans, refinancing, car finance and budgeting – written for everyday life in Germany.
Why debt consolidation makes sense now Many households in Germany pay several instalments in parallel: overdraft, credit card, an old instalment loan or dealer financing. Different…
Read more →
What does increasing a loan mean? An increase raises your existing financing limit – for example for a renovation, a car, unexpected costs or to replace expensive short-term loans.…
Read more →
Lower the instalment – the right way A low instalment eases everyday life. What matters, however, is the total-cost view: very long terms reduce the instalment but increase interes…
Read more →
Documents generally required For a swift review, the following is sufficient in most cases: • Identity card or passport • Current payslips (usually the last 2–3 months) • Bank deta…
Read more →
The key difference With a car loan you buy the vehicle and finance the purchase price. With leasing you use the car against a monthly instalment without (immediately) becoming the…
Read more →
Financial freedom starts with clarity Write down all income and fixed expenses. Add instalments, subscriptions and variable costs. Anyone with an overview can prioritise – and spec…
Read more →
In brief How to reduce your monthly instalment sustainably – with debt consolidation, a term check and an interest comparison. Mutuo Gruppe.de supports you digitally and in person…
Read more →
In brief Effective annual interest, term, flexibility and the provider’s reliability at a glance. Mutuo Gruppe.de supports you digitally and in person from Berlin. How to proceed 1…
Read more →
In brief Which steps are needed until payout and what “fast” means in practice. Mutuo Gruppe.de supports you digitally and in person from Berlin. How to proceed 1) Define your need…
Read more →
In brief Transparency check: which costs are fair and which you should avoid. Mutuo Gruppe.de supports you digitally and in person from Berlin. How to proceed 1) Define your need a…
Read more →
In brief SCHUFA basics and concrete steps for a better chance of good terms. Mutuo Gruppe.de supports you digitally and in person from Berlin. How to proceed 1) Define your need an…
Read more →
In brief Which documents count and how freelancers should prepare their enquiry. Mutuo Gruppe.de supports you digitally and in person from Berlin. How to proceed 1) Define your nee …
Read more →
A sudden job loss or a longer illness can threaten your financial existence – especially when ongoing loan instalments already weigh on the monthly budget. The AXA Income Protect i …
Read more →
For the borrower, the size of the monthly instalment plays an important role. If it is rather high, it can lead to payment difficulties, which can harm future loan applications. Th …
Read more →
Personal loans offer a wealth of advantages that can influence your life positively in various ways. Below, six key advantages of personal loans are explained and how they can help …
Read more →
Why a household budget is the first step Before you take out or refinance a personal loan, you need clarity: what comes in each month, what goes out as a commitment, and how much r …
Read more →
Who counts as a cross-border commuter? Many commuters live in Germany and work in Switzerland, France, Austria or the Netherlands. For the credit check what mainly counts is: stabl …
Read more →
Why a loan for the wedding can make sense Venue, catering and photographer often come due at once. Instead of an expensive credit card or overdraft, a personal loan bundles the cos …
Read more →
When a modernisation loan fits You do not want to encumber the entire property, but you need liquidity for the bathroom, heating, windows or energy measures. A personal loan can be …
Read more →
Not the maximum amount, but the need A good loan covers the concrete purpose and leaves room in the month. Anyone who applies higher “just in case” pays unnecessary interest. Small …
Read more →
Whether you take out a loan alone or with your partner has an impact on the credit decision. It also makes a difference whether you are married, divorced or living in a non-marital …
Read more →
The loan requirements for foreigners with residence permits B, C and G do not differ substantially from the requirements for German citizens. A regular income is a basic requiremen …
Read more →
A loan despite a pension – is that possible? Yes, if your pension or retirement income is stable and the instalment fits your budget. What matters is the amount of your benefits, e …
Read more →
When a lender decides whether to grant a loan, the applicant’s age can play a decisive role. Below we explain at which age a loan is not possible and in which stages of life a loan …
Read more →
When money is needed at short notice, a loan from friends or relatives can seem like a good idea. Such a private loan can, however, prove problematic for both creditor and debtor, …
Read more →
You have taken out a personal loan in Germany and want to repay it before the end of the term? Do you even have the right to do so, and if so, under what conditions? Are there extr …
Read more →
The expensive everyday loan Credit cards and overdrafts are flexible, but often carry double-digit interest. Anyone who uses the limit permanently pays a high price for convenience …
Read more →
Are you looking for an ideal, low-cost way to finance your new vehicle? Two options are available: leasing or a personal loan. We will set out the advantages and disadvantages of b …
Read more →
Is it enough to meet a bank’s basic conditions and budget criteria in order to obtain a loan? No, scoring (credit scoring) also decides whether a loan application is accepted or no …
Read more →
Obtain better loan terms through a joint loan application together with your partner, spouse or other family members. The decision to buy new interior furnishings or a new car is u …
Read more →
Why card balances become so expensive Minimum payments look small, but the effective interest stays high. Without a repayment plan, clearing the debt takes years. Refinancing in fo …
Read more →
The loan term is the period over which the loan is repaid and is a decisive factor in the loan. To prevent payment difficulties in advance, the right term must be chosen so that th …
Read more →
Are you planning to build a house, buy a car or make another larger investment soon? Then you may want to take out a loan because you do not currently have enough cash. You will fi …
Read more →
Are you planning to submit a loan enquiry in Germany? But how do you calculate the maximum loan amount you are entitled to? Here you will find out how high the maximum amount of yo …
Read more →
Save money with a loan? How is that supposed to work? Quite simply: by deducting the interest payments at the end of the year from tax, which reduces the tax you have to pay. This …
Read more →
What “secure” actually means Your enquiry runs over an encrypted connection (HTTPS/SSL). Login details and documents do not belong in unsecured chats with unknown third parties. Ho …
Read more →
Since 1 January 2016, new rules applying to all German lenders have been in force and are intended to increase consumer protection. They concern, on the one hand, conventions for a …
Read more →
You heard correctly: a free car! In this article we show you how you can easily finance your loan instalment with intelligent tax savings. Lump-sum deduction for work-related expen …
Read more →
1. You receive the lowest instalment on the best terms Our goal is to offer you a loan on the best terms. After your application we collect the various offers from our partners; am …
Read more →
In Germany it is not permitted to charge fees for arranging a loan. Loan brokerage must therefore be free of charge. If brokerage fees are nevertheless billed to you, you are bette …
Read more →
When you apply for a loan and it is approved, you normally want to collect the cash immediately or have it transferred to your account. In Germany, however, loans are subject to co …
Read more →
Have you ever wondered why certain documents are required for a loan application? In this video we will explain which documents are needed and why. We will also tell you why you sh …
Read more →
Education as an investment A certificate, master craftsman’s qualification, distance-learning degree or retraining often increases income – but the costs come first. A personal loa …
Read more →
Open loans or payment delays can have negative consequences: namely when you plan to take out a new loan. All credit transactions of private households are registered by SCHUFA and …
Read more →