Customers who apply for a savings bank loan despite private credit being served individually. This means that the bank can make a personal decision with each loan.
With more than 50 million customers, the Sparthan Finance is Germany’s largest financial services provider. As a universal bank, the Sparkasse offers its bank customers, for example: checking accounts, cash deposits, insurance, credit cards and various types of credit.
Savings Banks Finance Group – Customers can apply for various loans
For more than 200 years, the Sparkasse has offered its customers various financial products in their numerous branches. Of course, this also includes loans.
Sparkassen credit despite private credit – Special credit, there is unfortunately not at the counter
In the past, these municipally subsidized banks often provided only one loan for different purposes. Over the years, the loans have been further optimized.
Nowadays, the loans are very special and can be requested individually and exactly as needed. Loans from the Sparkasse are therefore available as a disposition credit for the current account, as a private installment loan, as a car finance or to finance a property.
Online loans are offered only by individual savings banks associations. KfW Bank’s numerous promotional measures can also be applied for through the Sparkasse.
Which loan is needed in which amount and for what purpose is clarified in a personal consultation in the branch of the Sparkasse. The Sparthan Finance provides specially trained customer advisers for loan advice.
With a little luck, a savings bank loan is available despite private credit.
Personal loan despite private credit – Filing in the branch
More than every second German citizen is a customer of the Sparthan Finance. The private and business customers of Sparkasse often have very long and good business relations with the employees of their branch.
It is therefore also natural that credit inquiries are addressed to the bank. Bank customers need an appointment with their client advisor for a loan request from the Sparkasse.
This appointment can be arranged by phone, e-mail or in person in the store. For the appointment with the savings bank the bank customer must bring a valid identification.
Customers who are not EU citizens also need a valid residence permit. All other data needed by the client advisor is available on the computer.
Before the creditworthiness is calculated on the basis of the data, the customer advisor fetches a private credit information. A savings bank loan despite private credit can be granted, if it concerns not hard negative characteristics.
Whether a loan with the savings bank is possible, is usually decided individually. Often, additional collateral can help.
Bad credit requirements – savings banks accept additional collateral
Negative private credit entries and a low credit rating run parallel for many consumers. The entries usually come about when loans are not served on time or invoices can not be paid.
Since a customer adviser of the savings bank has a certain room for maneuver with its bank customers, a savings bank loan can be approved despite private credit. However, additional collateral is required.
If physical security exists, savings banks, for example, accept fixed savings deposits, high-quality coin collections of gold or silver, expensive works of art or property values. When buying a vehicle, the registration certificate II can also be offered as collateral.
Those who can not offer these securities must resort to personal security. The best-known security of this kind is the loan bureau.
A guarantor is intensively examined by the Sparkasse for its liquidity. If the bank accepts the guarantor, a guarantee contract will be concluded.
After that the savings bank loan can be paid out despite private credit. The liability of the guarantor is generally self-evident and lasts until full payment of the loan.
Credit from the savings bank – individual decision in case of bad credit conditions
Sparkasse credit today is tailored to the needs of the customer. Each loan application is usually preceded by a detailed consultation.
The online offer of the Sparkasse is limited to online banking for most banks. Whether a savings bank loan can be approved despite private credit always depends on the credit requirements of the bank customer.
This means that the client advisor can usually make an individual loan decision.