Small loans are now part of everyday life. While a few years ago it was the rule that a loan was generally used only for the purchase / construction of a property or for the next car, so today small loans such as a 15000 euro credit indispensable in the range of many banks. However, loans are rarely requested in the bank branch around the corner, but simply and conveniently over the Internet.
The advantage of an online application for a 1500 Euro loan or a 15000 Euro credit is the customer-oriented conditions. Besides, the request can be made conveniently from home at the home computer. Another advantage is the credit comparison that anyone on the internet can use for its financing. In just a few seconds, the consumer can determine which 1500 Euro loan provider has a loan on what terms and interest rates in the portfolio. To have such a comparison, one would have to ask for bank branches for days without these loan comparison and ask the conditions.
For whom is a 1500 Euro loan?
Not only private individuals use a 1500 Euro loan, but also business people or self-employed. A loan of this amount will generally finance urgently needed purchases or major repairs to the house.
A microcredit, microcredit or mini loan (also called housewife credit) is the simplest loan. Already the names reveal that here rather smaller sums are lent. These types of loans are much faster and easier to apply for and suitable for anyone – from trainees to retirees. Among other things, this is due to the fact that for a loan amount of, for example, 1500 euro credit immediately on the account generally no guarantor is required. A consumer who wants to borrow a small sum of 1500 euros, often has no chance at the classical banking institutions. There such small loan amounts are hardly offered. Therefore, a large number of direct banks have specialized in this type of loan, which provides the money for the incurred repair of the washing machine or the vehicle or for a small purchase.
Even students need more often a loan, which also offers the 1500 euro loan. In addition to the tuition fees incurred in some federal states, there are still costs for books and living expenses. Student life is also expensive and even a part time job can not cover the monthly costs. Many banking institutions also lend money to students as soon as they have their own income or, for example, father or mother appears as a second borrower. According to a court ruling from the past, there are no credit fees in these cases.
Which steps are necessary for a 1500 Euro loan?
Even if you want to apply for a 1500 Euro loan without private credit at the currently low interest rates, all you have to do is fill out the application form online. In the first step, the appropriate loan type is selected. In the second step, the individual offers of the providers can then be compared. Of course, when making a loan comparison, it is important that they have a consistent baseline and that the loan amount and maturity are always the same. Once the comparison result is displayed on the screen, all details can be read, paying special attention to the effective interest rate. Because he should be as low as possible as a major cost factor.
Important tips for 1500 Euro credit
Good preparation – Before a loan application is submitted, any documents that may be required should be selected and provided.
Loan amount – Before completing the loan application, you should have calculated exactly what the loan amount should be and how much the monthly installments will be.
Loan size – A bit of buffer should be available to cover unexpected costs, but in the end, it is best to seek the smallest possible loan. This can save unnecessary costs and, moreover, you will soon be debt free again.
1500 Euro credit without proof of income
A 1500 Euro loan is a installment loan in which the borrower pays back the money taken in fixed installments. This procedure is quite advantageous because it creates planning security and predictability. So every borrower knows exactly what monthly charge he receives. For installment loans, there is another advantage in the wide range of choices available with a credit comparison. For example, small credits with a reduced credit check as well as a credit line on the current account for the unemployed are also offered without proof of income.
Incomeless people can start with a installment loan of a low four-digit amount, such as a 1500 euro loan. But it is always appropriate to be wary of providers offering income-free high loan amounts. No established bank gives 15,000 euros to an unemployed person, as he certainly can not meet the associated installment.
The 1500 euro credit without proof of income is aimed at a specific target group such as housewives and wives, single parents, pensioners, students, apprentices, unemployed or even consumers with a negative private credit entry. However, the (so-called) homemaker credit is still possible without a private credit query and even then, if you only have a low income available. Since the loan amount is low, the 1500 Euro credit is often offered as an instant loan despite private credit. Disadvantages can be increased processing fees and interest.
1500 euros credit requirements
If a certain amount is needed, an instant loan is an optimal solution. If it is to go very fast, then the 1500 euro credit with immediate payment comes into question, which is also on a credit comparison call. For the 1500 Euro loan, the borrower is extremely rarely tied to a purpose and therefore the loan amount, for example, for
• the purchase of a used vehicle
• for furniture
• for a repair
• for a trip or a holiday
• or for a move
use. As a borrower, you should always keep an eye on the terms of the contract, so that the terms do not stretch unnecessarily long or even the incurred loan fees are too high. The amount of the interest is usually based on the creditworthiness of the borrower and after the agreed term.
The following conditions apply to a 1500 Euro loan: The borrower must be 18 years old and have a permanent residence in Germany as well as a permanent employment contract with regular income. Although most banks take the latter very seriously, this criterion is decided very differently from one bank to another.
Even private lenders give a small loan. If you do not want to negotiate a loan with a bank, you can borrow money from private individuals. This option can also be used by consumers through a credit comparison. Especially when it comes to small sums like 1500 Euro, private lenders are more interested in the individual fates than conventional banks. The funders can be found on P2P platforms and online credit comparison, which work with minimal bureaucracy.
1500 euros credit and repayment
The loan can have several agreed repayment models. The classic installment payment in monthly mode is chosen by the vast majority of borrowers. In this repayment variant, the total loan amount including interest and processing fees is distributed evenly over the months and the term. An unequal amount will be charged at the first due date or at the last installment. The advantage here is that during the credit term a constant load can be taken into account. The disadvantage is that often no special payments (repayments) are accepted. Some providers in the credit comparison give a housewife loan or 1500 Euro credit as a framework loan, which is given a fixed framework, which is based on income. The framework can be used at will up to the limit – and resembles a credit line, but with much better terms.