Looking for cheap loans: read this before you start!

Everyone is looking for cheap loans, if you need some money this is an interesting option. But then of course you have to compare as many banks as possible. It is not just the first best bank where you must apply for a loan. You may have to pay the highest costs there and you should definitely avoid that. That’s why you should check out the websites of banks. There you can read all information about loans and also perform a simulation. That costs you nothing and you immediately know everything with it.

Difference between capital and costs

Difference between capital and costs

Because with such a simulation you see the difference between capital and costs. Pay close attention to the APR or annual cost percentage to know how much the costs will be. When paying off a loan, you have a part of capital and a part of costs that you have to pay back to the bank. And it is the costs that can vary considerably from bank to bank. If you borrow 1000 euros somewhere, then you will have to repay that full amount. And on top of that comes the costs. The APR can be higher at one bank than at the other. Pay close attention to this during the simulation, so that you can borrow under the best conditions.

Even though it seems that loans are free, if you ask for information via the website or are in a bank branch, you will not have to pay anything. But it is only when the service is running that the costs will be charged. And often a loan with direct debit is for the installment, so as soon as the application is approved, the money is automatically taken from your account. So it is good to be well-informed from the start and to have the lowest costs for a loan.

So make use of the simulation tools from banks. In the first place, they can help you further with comparing banks and the costs they charge. That way you are sure to have the best conditions. If necessary, start the comparison at your regular house bank, it may be that you are in the right place there. But definitely add a few more banks. Only then can you see where the differences are. A loan nevertheless takes a large part of your budget away, so you must ensure that it remains feasible.

Calculate income and expenses

Calculate income and expenses

A bank will also see how much you can still borrow. By requesting your income and expenses, they can calculate that perfectly. You can spend 1 / 3rd of all income together on a loan. Add up all your income and deduct expenses such as other loans and alimony. Then you have the amount that can be spent on loans. If you have other loans, you must see that you are not crossing the border. don’t you have any loans? The better of course, then you should not worry.

So you get a loan for self-employed without credit check


Can you have a loan without credit check

Can you have a loan without credit check

The loan for the self-employed without credit check is a product of the financial institutions, which is aimed specifically at self-employed. If you are interested in this type of loan, you may have learned in advance that banks and credit institutions are not making it easy for self-employed to obtain a loan.

They lack the consistent proof of income and thus they represent for the potential financiers a group that carries an increased risk of ultimately not being able to pay the loan if corresponding orders and thus cash receipts fail to materialize. In essence, each employee has the advantage of being able to teach the desired type of income proof by the employer over several months. Lenders and banks can use this information to determine whether the applicant is able to pay the desired loan amount in the future. The self-employed are disadvantaged in this regard.

Special features of loans for self-employed

Special features of loans for self-employed

The credit for self-employed without credit check is still a special option, since with him, as the name implies, no credit check takes place. This means that the lender does not do a credit bureau query. For example, self-employed persons who have debts from their previous working lives or negative credit bureau entries for other reasons still have the option of taking out a loan.

However, every applicant should be aware that if they apply for a loan for self-employed people without a credit check, they will not end up with a domestic lender. Banks that offer loans for the self-employed without a credit check are always banks from abroad – especially Austria and Switzerland.

Applying on the Internet

Applying on the Internet

The Internet is the platform on which self-employed people in Germany can get in touch with banks abroad. The application for the loan for self-employed without credit check takes place online. Of course, foreign financial institutions will ask for collateral and proof of receipt of money on the reference account, but they will make no query to the credit bureau and the loan for the self-employed without credit check as such is not noted in the credit bureau.

Many providers with many different products

Many providers with many different products

There are certainly more than a handful of providers who provide self-employed credit without a credit check in their program. Any self-employed person looking for such a loan must be prepared to get more than one offer. If the application for the product as such is also very easy via the Internet, a lot of emphasis should be put on the exact selection of the suitable supplier.


Loan with instant confirmation without credit bureau

Credit providers and forms of credit can be found on the financial market

Credit providers and forms of credit can be found on the financial market

Today, different types of credit providers and forms of credit can be found on the financial market. Loans that are quickly available and ready for use within a few days are most frequently used today. Immediate loan loans are now available on the internet in most cases. Many online banks now have an instant loan in their portfolio.

In order to differentiate itself from other forms of credit and other credit providers, it is not uncommon to offer an instant-loan without credit bureau. The credit does not differ much from a conventional instant loan. As a borrower, you can also individually determine the loan amount, the term and the repayment. In most cases, a free use is given.

A loan with immediate promise without credit bureau captivates by the fact that a credit bureau information is waived. For this reason, the loan product is especially recommended for people who have a negative credit bureau. Nevertheless, even with a loan with immediate approval without credit bureau not waived a credit check of the bank. The waiver without credit bureau involves very close scrutiny of banks with bank-internal audit methods. Banks take into account income, employment, etc.

Loan with immediate confirmation without credit bureau application

Loan with immediate confirmation without credit bureau application

The application is made on the Internet with a request form. Application forms can be completed and edited within a few minutes.
The application form must contain personal details and income. After receipt of the application form, the bank immediately checks the creditworthiness and credit security. The commitment takes place with the loan with immediate promise without credit bureau mostly within a few minutes. The credit agreement is subsequently sent by post or electronically. After receipt of the credit agreement, payment of the full loan amount will be made within a few days.

Make comparisons

Make comparisons

When looking for a loan with instant confirmation without credit bureau information, you should definitely resort to a comparison as a borrower. The comparison of instant loans without credit bureau is offered on the internet today by many finance portals. Comparisons of instant loans without credit bureau are made possible here by means of a loan calculator. The loan calculator offers the potential borrower the opportunity to record individual details in comparison. In the credit comparison with a loan calculator one can often consider any loan amount, term and repayment. By considering arbitrary sizes, one can identify the loan product with the best interest rates.


Are installment loans cheaper at direct banks?


Direct banks offer their services without their own branch network. As a result, they are not only more flexible, often loans and other services are also offered cheaper than from banks with branch systems. A comparison with the offer of the house bank is worthwhile in any case.

Direct banks – cheaper and more flexible?

Direct banks - cheaper and more flexible?

If you want to install a installment loan, you often save a lot of money with direct banks. The reasons are numerous. Banks without branch networks, for example, have significantly lower costs – as well as rent for branches – as well as a large part of the personnel and administrative costs – so that the services can be offered cheaply. In addition, direct banks have the decisive advantage. Usually also on the weekend, a clerk is available by phone, which takes care of problems with the installment loan.

This is a great advantage, especially for larger loans, since problems can be avoided by quickly adjusting the conditions. Another reason for cheap installment loans: direct banks are in direct competition with other online banks and adjust the conditions accordingly. Unlike branch banks, which have many long-standing customers, direct banks tend to have changing clients. Cheap and flexible offers are therefore necessary to retain customers over a longer period of time and to survive despite the great competition from other direct banks. Installment loans are usually particularly attractive.

That’s why installment loans here are “billger”


Direct banks mainly offer installment loans on favorable terms. One reason for this is the relatively simple process. If you would like to take out a loan, you can fill in the form online and simply scan in or send in the necessary documents. This saves time and effort on both sides, which in the end also makes the loan cheaper.

Regardless, the potential borrower should also compare the various loan offers. Through credit comparisons can be within a few seconds to determine the cheapest offer and directly with the competent financial institution in contact.

More than an alternative, right?

More than an alternative, right?

The house bank offers long-term customers favorable options when concluding a installment loan. But if you really want to save money, consider direct banking as an alternative. Due to the lower cost of the bank, attractive offers are possible here, which can be used flexibly and easily thanks to the online financial statements. In short, it pays to consider direct banks as an option for installment credit. Even those who are not yet direct bankers should consider this possibility before the conclusion of a installment loan in order to save money and to benefit from the mentioned benefits.

What you need to know to quickly repay an installment loan!


For many people an installment loan is the solution to buy a car or to acquire a house. Large amounts of money are involved and this can often not be solved with the savings account. In the event that there is some savings, people would rather keep it for emergencies. For example, you can easily buy a car through an installment loan. Then you pay a small monthly amount and you can already use the car. Handy for many people, but what should you look out for when looking for a loan?

Not so expensive installment loan

Not so expensive installment loan

The costs are of course important for a loan. They sometimes make the payment a lot more expensive. How can you easily avoid that? By comparing as many banks as possible and looking closely at the costs they charge. You pay the costs on a loan together with the monthly installments. Together with the capital that you have to repay, you have one amount that is withdrawn from the account every month. keep that amount as low as possible by simulating loans. And that is now also possible via the internet. So you don’t have to go to a bank for it. This saves you a lot of time and the result is the same.

Enter an amount that you wish to borrow and choose the number of months or years for the payment. With this data you already have a result in front of you. You can also see the costs separately, take a good look at the APR or annual costs percentage. Banks are also required to provide this information with a simulation. So you are immediately aware of the costs and you know where you stand if you apply for the loan. If you now also perform this operation at other banks, you will quickly see where the best conditions can be found. And that is always the offer with the lowest costs, so you have to pay less.

Amount to pay from your income

Amount to pay from your income

There are lots of costs to pay for everyone every month. Maintaining a good budget is therefore necessary so that you do not spend too much money. Banks also pay close attention to this by letting customers spend only 1 / 3rd of their income on loans. This way, they do not get into trouble and banks have the certainty that the installment will continue to run smoothly. You can count all your income together and deduct fixed expenses such as loans and alimony. You can then spend what remains on loans. Banks will always make this calculation before granting you a loan. If you get the green light then the money will be in your account or go directly to the seller. For example, for a car, the money usually goes directly to the car trade. You can then immediately start using the car.

How do you get a loan without collateral?

For banks, loans are basically nothing but a business. They invest a certain amount and receive a profit called interest in the financial language. However, there is a degree of risk to the business of financial institutions, as the repayment of a loan could fail, so banks in principle do not lend without collateral.

A loan without collateral: what is suitable as collateral?

A loan without collateral: what is suitable as collateral?

The exciting question for any person who wants to have a loan is: So what are the appropriate collateral that you can give when making a loan application to get the loan? In general, a distinction is made between assets and assets that can be used as collateral. Assets include salaries, savings accounts, pension funds and other investments.

Real assets are real estate, land, household appliances or vehicles. However, certain assets may not be used as collateral because they may be seized in an emergency. This applies to all devices that are necessary for survival. For example, a stove or a bed can not be seized. But what do you do if you can not teach any of these things and therefore actually need a loan without collateral?

A loan without collateral: the two common variants

A loan without collateral: the two common variants

If you want a loan without collateral, you have to deal with a variety of problems. Because he has no collateral, he most likely has a negative credit bureau entry, this also means his general credit standing is in great doubt.

In such situations, there are really only two ways to get a loan: Either you bring in a guarantor. He signs the loan application with one and insures the bank in this way so that they will definitely get their money. Or you turn to a private person and try to replace the lack of collateral by trust.

Occasionally, banks on the Internet do not check whether collateral exists and rely on the information provided by the borrowers on the applications. This would be a third variant, but there are two things to note: Firstly, one should not make false statements and second, these financial institutions usually take substantially higher interest rates on their loans. The rule is that interest charges increase as less collateral is required.

Freelancer taxes – so you can massively save on taxes | Loan for the self-employed

What you can do today to reduce it to the maximum!

Freelancers taxes and how you can minimize them with your income tax. I worked as a freelancer for over 20 years. In this post I want to give you my experiences what you can do to save as a freelancer taxes.

Freelance work brings freedoms as well as duties. The freelancer must also once a year to throw his income tax calculator and submit his tax return.

Of course, it is advisable to know how you can effectively save taxes. A simple and good tax return calculator helps you to master this very bureaucratic task in a simple way.

If it tries for the first time to calculate your income tax, then that can be quite frustrating if you do not know how and where you should start with it. But do not worry. It’s not as difficult as you might think.

Also helpful is a simple income tax table which facilitates the freelance tax return. So you can see at a glance how the progressive tax rate behaves and where you can classify yourself with your annual income.

Before you think about taking out a loan from home to pay back a possible tax bill, you should think about whether you can reduce your tax debt yourself.

Tax freelancer

Tax freelancer

The tax declaration for the self-employed can already be a very elaborate work. That’s why it’s always wise to work as efficiently and easily as possible.

It may also be completely new for you to pay taxes in your independence. But in the long run you will have to get used to it. Even though I still prefer to go to the dentist until today and that means something.

Yes, the freelance tax is a very boring job. But also damn important to do this right to reduce your taxes.

And just when you have a self-employment you are usually busy with many other things. And then also the trouble with the tax office. And in the end, you can pay a lot of money to the state for your hard work.

It can not be any more unpleasant. But what do you want to do? A tax evasion does not pay off. And what needs to be done has to be done. Being able to work freelance sometimes is not fun when it comes to such things. If you can afford it, then it is also advisable to hire a tax consultant who will gladly accept this very annoying work for a fee.

If you also want to save money here or prefer it for personal reasons by your self-employment also your freelancers to take taxes into their own hands. Then I hope that I can help you with this information.

You have decided to become a freelancer and some tasks can not be excluded. No motions and no grumbling help.

The taxes of freelancers and how you can reduce them. I have been working as a freelancer for over 20 years. In this post I want to give you my experiences what you can do to save as a freelancer taxes.

So what about taxes as freelancers? Let’s get started. At first it’s nice to get an overview. And with an income tax calculator.

This always helps to work up the tax return for the self-employed. One thing in advance. Please make sure that you have already registered as a freelancer before. So, yes … You have to register with the tax office as a freelancer so that you will be evaluated as such financial technically.

Thus you fall into the category of income tax for the self-employed to freelance. Anyway. If you are still in the dark about whether you are actually freelancing on the road, you should also be sure that you are also doing freelance work.

Paying taxes independently may also have its pitfalls and traps. Because if you have very little to do with this topic you can pay too much tax at the end of the year. Deshlab I always suggest to think about it, rather to consult a tax consultant with whom you should strive for a long-term cooperation.

The tax consultant can be very helpful and make the calculation of income tax right from the start. He can also help you to show some gaps. E.g. how you should make your calculation as a freelancer.

First let’s start with the basics. Generally, the tax system is a progressive tax system. This means that each year a certain percentage of a certain amount is taxed.

So, first think about whether you want to do yourself all this work or if it is not easier and cheaper to hire a tax accountant freelancer which can most likely help you to minimize your taxes,

Freelancers minimize taxes

Freelancers minimize taxes

First let’s start with the basics. Generally, the tax system is a progressive tax system. This means that each year a certain percentage of a certain amount is to be given as tax.

So it should be clear that for example 20% of 10000 € are more than 10% of 10000 € and again 10% of 10000 €. That’s the principle of a so-called progressive tax system.

Taxes for freelancers are basically the same as all other types of income. In Austria there are 7 types of income according to the income tax law. In Germany, the system is issued very equal, although of course there are different tax regulations for tax-exempt and deduction amounts.

But the fact is that you as a freelancer in Germany Austria or Switzerland, of course, want to make sure that you want to keep your taxes as low as possible. Who wants to pay many taxes? Each of us wants to minimize his tax debt.

It is very easy with the taxes as a freelancer. What counts and what is used to calculate taxes is your income.

The higher your income, the more taxes you will have to pay at the end of the year. So if you know the basics of taxation as a freelancer then you realize that it is important to keep your income at the end of the year as low as possible.

Now, of course, the question arises how can you do that? How can you reduce your taxes, how can you save taxes and pay as little tax as possible?

If you make a simple revenue-spending bill, then at the end of the year, you’ll realize what you need to keep your revenue as low as possible. Namely juicy expenses. That may sound very silly now. But business expenses are the biggest antagonist to your income.

A simple revenue spending bill can show you clearly how you can save taxes. Especially if you are a freelancer you will not have complicated accounting. But you will be able to save as a freelancer tax if you can determine with a simple revenue-spending bill at the end of the year how high your income actually is.

So what will become clear to us at the beginning of this journey if we want to save taxes. You must try to keep your expenses as high as possible or try all the expenses you have spent on your freelance work in your expenses.

In turn, you should invest in sales and profits in your company to get at the end of the year, no tax sent.

This means that it is important that you can account for all operating expenses for your business activities and also identify. Of course you need for the expenditure also corresponding invoices or documents and if necessary you should also be able to prove a payment transaction!

It’s important to understand that as a freelancer, you can normally hand in taxes with your income tax return at the end of the year.

As a freelancer, you have no corporation and therefore you are not a legal entity. This means that all the income you have earned at the end of the financial year will be used to calculate taxes.

The taxes as a freelancer as such are therefore correspondingly simple.

If you need a loan to cover your taxes as well, you will find a loan from private companies in the following list which can lend you money even under difficult circumstances.