With 15000 euro loan larger wishes can be realized easily. Current loan offers in July 2013 advertise with 2.99 – 12.99 percent APR. But advertising is not all that really matters in a long-term installment loan, explains the article.
A 15000 Euro loan is a handsome sum. The search for credit is easy on the internet. The offer from the loan search engine immediately shows CreditPlus Bank as the leader. The dream interest from 2.99 percent are within reach. High customer satisfaction is signaled by a green bar. A mouse click on the offer can be disillusioned. The hoped-for interest rate is only available for a loan amount of 1,000 – 2,499 euros. With higher sums the demanded interest rates rise clearly.
At this point everyone will realize that a decent loan comparison is not a quick affair. Nobody comes around reading the fine print. Different providers should always be compared for the same credit sums and maturities. In addition, it pays to look at which loan amounts and terms are offered particularly cheap. At first glance, the offer of ING-DiBa Bank seems rather unspectacular. With 5.25 percent APR, the loan search engine showed the supply in midfield.
Only 15,000 euros are shorted with short maturities. The installments are sure to remain affordable, ensure long maturities. Repayment periods between 60 and 120 months are therefore the focus of the loan search. Offers that guarantee transparency offer a uniform interest rate for each term. Examples are the mentioned ING-DiBa-Kredit or a DKB Bank-Kredit.
Capital market developments can never predict even experts for a long time in the future. Security against sudden interest rate fluctuations can only offer a fixed interest offer. The fixed interest period should cover the entire repayment period.
Credit-independent interest rates do not automatically provide the cheapest interest rate. But anyone who does not happen to be an official by profession will probably get an interest rate in the middle of the offered interest margin. The differences to credit-independent offers are therefore low.
Due to the changed political guidelines, it is not always easy to get a loan of 15,000 euros from a bank. Credit security has been the top priority of commercial lending since 2008. As a result, more and more people have difficulties with the loan approval. The business of credit intermediaries is booming. The alternative to foreign credit from the intermediary is personal credit.
Personal loans can be found on various portals in the network. The maximum loan amount for the two large platforms is 50,000 euros. In contrast to commercial lending, personal loans are not subject to any drastic legal requirements. A private investor decides freely about his investments. If the credit institutions do not want to grant the 15000 euro loan, then private credit can be the solution to the problem. A try is free but offers at least a fair credit chance.