Just another WordPress site Mon, 13 May 2019 13:57:01 +0000 en hourly 1 Car loan with a temporary employment contract Mon, 13 May 2019 13:50:33 +0000 Looking for a car loan with a fixed-term employment contract, it is easier to look for adequate providers on the Internet and to refrain from applying to the bank. Since a fixed-term contract limits creditworthiness and does not provide the lender with the necessary security, an application to banks and state-owned credit institutions is always rejected.

However, it is not impossible to obtain a cheap car loan with a fixed-term contract, limited to the online search and selects offers on the financial market or from private investors.

Numerous advantages speak for instant loans from the Internet

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An unbureaucratic online application is a feature that distinguishes a car loan with a fixed-term contract and prevents long waiting times for the decision to grant. In addition, favorable interest rates and low fees are presented, as well as offers for different sums that are needed. As the permanent employment contract limits creditworthiness and does not provide sufficient security for the lender, assets or a guarantor can be chosen as collateral.

Each applicant receives a commitment, he can secure the loan with cash investments or capital-forming insurance, but also with real estate or other adequate assets in sufficient amount to the desired Summ. The lender only accesses the collateral, the repayment agreement is not adhered to and rates are not paid on time or not at all. In the case of a guarantee, the guarantor will be held liable if the borrower does not pay, thus forcing the lender to collect its accounts receivable on the basis of security.

Save by comparisons

Since the offers for car loan with limited-term employment contract are very complex and are offered by private donors, but also on the free financial market worth a comparison. This can be used to exclude expensive loans and decide between advantageous offers. For all demands and requirements for favorable interest rates, flexibility and special agreements, a suitable car loan with a fixed-term employment contract can be easily found and concluded with advantages.

The application is online. The applicant will be notified within 24 hours and will be pleased to receive a quick payment. Already 7 days after the disbursement, thus after the legal waiting period has ended, the borrower has the chance to withdraw the money and to realize the purchase of the car.

With a free comparison on the Internet, transparency is brought into different offers and a decision for the right offer favors. Online loans from private or from the free financial market convince with fair conditions and are an adequate possibility.

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Car Loan Tue, 30 Apr 2019 13:54:30 +0000 If you are planning to buy a new car, we will be happy to make you a non-binding offer for a cheap car loan. With us you will not only find financing for your car, but also for two-wheelers, caravans or motorhomes. It does not matter if it is a new car or a used car.

Financing of new and used cars

Financing of new and used cars

Since we transfer the loan amount to your account, you can purchase your new vehicle from a dealer, on the internet or from a private seller. In any case, a car loan offers you the opportunity to act as a cash payer and to negotiate so often high discounts. The price reduction means that a smaller sum has to be financed so that a cheap bank loan for a car purchase is often worth more than a so-called dealer credit from the car manufacturer. Unlike other lenders, you do not need to deposit the Part II registration certificate, formerly known as a car letter, as collateral for the car loan. 

As we carry out a credit comparison with several banks for you, we also include special car loans offered by our partners. These loans often have a particularly low interest rate.

Car loan – forms of financing

Car loan - forms of financing

In a car loan, various forms of financing are offered, which may be, for example, a classic installment loan. The loan amount is transferred to the current account of the borrower, he can then freely dispose of the amount. The consumer center Vandolf has found that car buyers achieve particularly high discounts on a car purchase, if they do not immediately accept the dealer’s first offer. If you take one or two days to think about it and then visit the dealer again, you often have a good chance of getting a higher discount. 

In a so-called balloon financing, also called final installment loan, the borrower pays a relatively low rate during the term of the loan. As a result, the full loan is not repaid until the end of the term, but a residual amount remains. The remaining loan amount can either be repaid in one amount or the borrower decides on a follow-up financing. For some offers, it is also possible to return the vehicle at the end of the repayment term, as it is known from leasing. 

Who leases a vehicle, pays only a leasing rate per month for the use of the car. The leasing rate is often lower than a loan installment. For this, the financed motor vehicle remains in the possession of the leasing company and the borrower receives the car only as part of a transfer of use. When the lease expires, the car is returned and the lessee can choose a new vehicle. Upon return, it will be checked that all contract terms have been met. If the car has damage or defects or has been driven too many kilometers during the lease, a subsequent payment will be made.

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Car Loans Germany Fri, 26 Apr 2019 13:52:51 +0000 The market research consulting company reserach tools has examined different distribution channels for car loans in its current study “Marketing Mix Analysis Car Loan 2018”. 10 banks were scrutinized here. The conclusion: The communication is rudimentary.

The 4 Marketing Pages Product, Price, Place, Promotion were analyzed. The strengths and weaknesses analysis and the marketing ranking bring the results together and a statistical marketing positioning visualizes the results of many companies.

The majority of the companies examined here are customer-oriented in car loan sales. Many information about the car loan can be easily found on the websites – in most cases, an online loan calculator for a quick overview of the expected conditions is available.

Diversity in distribution channels

Diversity in distribution channels

When it comes to distribution channels too, the institutes focus on diversity. Internet, telephone, bank branches as well as in the case of the automobile banks the branches of the manufacturers are available. Although comparison portals play a significant role in the search for a lender, here the majority of providers actually do without a broad presence. In return, the hotline operating hours and thus the telephone availability of the lenders with an average of 106 hours per week are comparatively high.

4 providers even maintain a 24/7 hotline here. The answer quality for telephone inquiries almost consistently good. By contrast, there is great potential for improvement in the case of e-mail inquiries. The service center of Metabank sets standards in terms of friendliness, speed and quality.

Social media and radio not relevant

Social media and radio not relevant

In social media, the topic of car loan does not seem to interest. Whole 4 postings can be found in the accounts of the 10 providers within 12 months. Mediocommunication is also economical with around 600,000 euros, combined with a really strong use of print media.

On radio advertising, all banks examined completely and thus unfortunately also on the possibility to reach motorists about this. Although the providers themselves very rarely communicate by press release, a total of 380 car loan-related press releases in German daily newspapers, magazines and specialist journals confirm the interest in the topic.

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Car loan without private credit query Fri, 19 Apr 2019 13:50:37 +0000 In recent years, interested consumers have seen a significant change in the credit market. More and more banks have entered the credit market at the turn of the millennium, especially the spread of the Internet has contributed to the positive development of the market. The high supply has led many banks to improve their terms and conditions and to develop loan offers for specific audiences and needs.

The car loan is one of the oldest forms of credit, numerous providers offer car loans today in a modified form, for example, without private credit query on. A car loan without private credit query can be found today especially in the numerous online banks on the Internet, the high supply has made the comparison, however, increasingly difficult, borrowers can hardly find the best individual credit offer for this reason without a targeted comparison on the Internet.

Car loan without private credit search query on the Internet – This is important to note when comparing

Car loan without private credit search query on the Internet - This is important to note when comparing

Of course, a car loan is offered without private credit, not without a credit check. private credit information is normally used to determine the creditworthiness, but private credit does not apply to credit products without private credit, although the borrower still has to prove its creditworthiness for the time being. Especially the monthly income plays an important role in the credit check without private credit, and people with a high income can benefit from excellent interest rates in this way.

The credit rating is largely responsible for the effective interest, but the same applies to the term and loan amount. Borrowers who opt for a small loan amount and a short term can in practice benefit from a low effective interest rate, as the risk for the banks is lower.

A car loan without private credit query should best offer a flexible repayment in installments. The installment repayment proves to be a favorable amortization model, since the repayment debt can be reduced quickly by the consistently high rates and constant time intervals in the repayment of installments. As a result, borrower costs are significantly lower.

Car loan without private credit Query on the Internet compare – That’s how it works

Car loan without private credit Query on the Internet compare - That

The comparison of car loans without private credit query can be done today with the Internet in a quick and easy way. The comparison is not only quick and easy, but also free. Loan calculators allow comparison based on individual loan sizes such as term, loan amount, repayment and monthly income. By naming different criteria, the search for one’s own ideas can be quickly restricted and the best individual offer can be selected. Through this procedure, the most favorable interest can be permanently retrieved and the credit costs can be significantly reduced.

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