Pledge Loans – What are they?

  Title loans are those that must deliver a garment (a commodity) as collateral for loan. There are many goods or objects that are usually used as a pledge, from a vehicle or a home to valuable jewelry. The entity that grants you the loan has at its disposal an expert who evaluates the value of that pledge, establishing the […]

Negative Interest Rates on Installment Loans

Negative Interest Rates on Installment Loans

For the first time, an installment loan with negative interest rates is being offered on the German financial market. Responsible for the so-called negative interest loan is the comparison portal smava, which mediates the loan. Customers who take out a loan amount of € 1,000, have to pay back because of the effective annual interest rate of -0.4%, only 994 […]