Bonds can sometimes be very high and are annoying for some tenants. Because depending on the monthly rent to be paid can come together here an amount that can not just be paid out of pocket. Two to three monthly rents are the rule in Germany. Most likely, a deposit with the refund of the last settle, but this is not always immediately available, so quickly a loan for the deposit is needed.
Dispo or installment loan?
A special loan for the bail of an apartment is not offered by banks in general. Therefore, in most cases a normal loan must be used. What you should refrain as a tenant as possible, is the use of an expensive emergency loan. Although it is possible that the deposit from the old apartment will soon be transferred, but the interest rates are here much higher than normal installment loans. Only with really short demands up to a few weeks should the claim credit be claimed, one prefers a quick settlement.
Now, on the other hand, the problem might be that the amount of the deposit is not high enough to justify applying for an installment loan. For many banks there are certain minimum amounts that have to be claimed. A point that in turn speaks for the credit line, but which does not make its interest ultimately cheaper. For this reason, offers outside of the company’s own bank should also be considered, in order not to have to borrow too much. Some credit institutions already offer relatively low loan amounts, which with a short repayment period also bring only low effective interest rates.
Finance via personal loan
A possibility, even relatively small amounts of credit to take on fair terms, offers, for example, the private loan. Here, you do not borrow the money from the bank, but from private individuals, who in turn are looking for investment opportunities off the capital market. A well-known credit intermediary, with whom such a loan would be possible for a bail, is, for example, Smava. Here are already loans from 500 $ possible, which can be a precise loan for the deposit. A big advantage, however, is the terms, because those who want to claim only small amounts of credit and has sufficient credit, can borrow the money here at very favorable conditions.
The personal loan can thus quickly prove to be the ideal solution for a loan for the deposit. Signing up for a credit intermediation platform is usually online and, as with any borrowing, requires some personal financial information. By the way, self-employed persons and freelancers can easily get a loan for the deposit, because personal loans are not as strict as a bank would normally be. Especially if you want to rent your own business premises as a self-employed, a suitable loan for the deposit can be found here, which certainly does not need to shun the comparison with banks.
The terms of a personal loan can vary greatly, because they are directly related to the customer’s information on his credit rating. The better this is, the lower the interest rate can be. Higher risks are associated with corresponding premiums to keep the offer attractive to investors.