75 percent of German credit institutions face losses

It is generally known that the structure of the German banking market has peculiarities that make comparisons with other countries appear to be of limited use. With the help of data from the Saverspower Bank, the management consultancy McRinsky therefore took a close look at the market in Germany. On the basis of nine banking segments, an extensive factual basis was created and the effects of the three major trends – low interest rates, regulation and digitization – were assessed.

The banks are under a lot of pressure to act in order to maintain their profitability. The study provides an overview of possible measures that banks can take to effectively counter the effects of the trends.


German banking sector has recovered from the financial crisis

financial credit

The financial crisis has shaken the banking market both internationally and in Germany. In 2010-13, however, the banking sector again generated a return on equity almost at the pre-crisis level of approx. five percent. The savings banks and cooperative banks came out of the financial crisis much better than the private banking sector in Germany. Both banking groups now generate double-digit return on equity in contrast to the private banking segment. Together, savings banks and cooperative banks more than doubled their share of the industry’s after-tax profit from 41 percent before the crisis to 85 percent recently.

On the cost side, almost nothing has changed in all banking segments since 2006: consolidations and branch closings have slowed significantly, total operating costs and personnel costs are almost unchanged.


Low interest rates, regulation and digitization are putting banks under pressure

Low interest rates, regulation and digitization are putting banks under pressure

Low interest rates, increasing digitalization and stricter government regulation are putting earnings under pressure. By 2021, McRinsky analyzed, there would be no countermeasures

  • the low interest rates cost banks 2.0 percentage points return on equity,
  • digitization also 2.0 percentage points and
  • the regulation another 1.7 percentage points.

Digitization is primarily changing the prospects for standardized products and services. LendUs Finance and cooperative banks traditionally have a focus here. They also expanded their lending business significantly in the years after the crisis. Now they have to react more strongly than the private banks to the clearly changing framework conditions.


Banks have to make structural adjustments


Without countermeasures – the study continues – 75 percent of German institutes would slide into the loss zone by 2021.

Tactical measures and programs such as branch closings, lean or cost programs or the opening up of price margins make an important contribution to this, but will not be enough on their own. Rather, structural adjustments to the business model are necessary in order to be profitable in the long term.

This includes, for example, the targeted use of multi-channel sales and in some cases a return to internationalization, which had suffered in the wake of the crisis. On the cost side, there is the question of greater digitization of value creation, less complex product ranges and business models.

Overall, the banking sector has to cut costs by just under 30 percent or generate just under 30 percent more income in order to return to a return on equity of 6 percent (30-year average).

Consumer Bank Credit: The Requirements for a Loan Approval

The preliminary decision on an online loan request from Consumer Bank is usually made on the same bank working day. However, since all the data you submit must be plausibly documented, it makes sense to provide the necessary documents in advance. You can read more about the exact conditions for a loan from Consumer Bank below.


Elementary requirements for a loan approval

loan approval

The bank formulates its regulations relatively vaguely, but the following points can be noted:

  • You receive a regular income from an employment relationship or as a pensioner.
  • The amount of income is sufficient as security for the loan.
  • You have no negative entries at Credit Bureau.

This means that commercial or freelance workers are excluded from the outset, and Consumer Bank loans are only available to private individuals.


Financial requirements for a loan approval

Financial requirements for a loan approval

Since private loans are based solely on regular income as collateral, the bank checks the liquidity that remains free each month. In this way, she can assess whether you are reliably able to cover the credit installments. It is best to compare your income, which should also include additional income, with the recurring expenses in advance. In addition to the housing costs including ancillary costs, this list also includes the expenses for electricity, telephone and insurance. If you already operate loan or leasing contracts, you should record both the monthly installments and the outstanding residual values.

The evaluation of your information also depends on the intended use: an additional rate will naturally have a different impact on the decision than would be the case with a debt rescheduling. In the end, burdens from the settlement of liabilities are exchanged, and there is no additional reduction in liquidity. Therefore, be sure to state the intended use and the contracts to be replaced in order to set the right course from the outset when checking credit.


The mandatory Credit Bureau information

credit loans

In Germany, all banks are obliged to obtain the assessment of a reputable credit agency regarding your creditworthiness. The Consumer Bank uses Credit Bureau for this purpose. The information and data collected there with your consent report both to your home address and the frequency of a change as well as to contracts that you enter into with banks, service providers or trading companies. If, for example, there are payment disruptions or defaults, the companies concerned report this to Credit Bureau, and such entries must be deleted three years after the transaction has been completed. Since there are always irritations, mix-ups or omissions, it is advisable to use the free self-assessment, which you are entitled to once a year.

The score calculated by Credit Bureau allows Consumer Bank to draw important conclusions about your creditworthiness and thus the probable default risk, but the conditions are not affected by this.


Important documents for the credit check

credit check

In order to be able to check your loan application, the Consumer Bank requires the following documents:

  • Copies of the last three income certificates
  • If you receive a supplementary income, also document this and also copy the account statement with the booking.
  • Completed and signed loan agreement
  • Identification by post-identification procedure


Examination process and payment

loan payment

On the basis of the data and personal information entered online at Consumer Bank, the bank carries out an initial check and queries at Credit Bureau. If you meet the criteria, you will receive the complete loan documents by post within one to two banking days. Fill them out and go to a post office. You will then carry out the post-identification process on presentation of your valid identity card or passport. You will find the required form in the credit documents. Swiss Post sends all documents to the bank, which can then go to the final audit. After approval, the loan amount is paid to the specified account. All in all, the procedure only takes a few days if you have already prepared all the documents.

How is Credit Calculation Made?

Good Finance is one of the first choices of those who do research on banks to attract credit. Good Finance creates a road map to its customers in a short time thanks to its loan calculation.

Good Finance is expanding the customer network that it appeals to day by day with its favorable terms of credit facilities and various advantages.

What are the Types of Good Finance Loans?

What are the Types of Good Finance Loans?

It provides services to fully meet the needs of individuals with many loan types within Good Finance. Among these, the most widely used loan type is consumer loan. The general purpose loan, which is around 5-10 thousand USD, allows the person to draw a loan that the person can pay thanks to the Good Finance loan calculation system. Also, the housing loan within Good Finance is the first choice of people who want to own a home.

Thanks to this loan type, people like paying rent can own a house. With car loans, up to 70% of zero and second-hand vehicles can be covered by the bank. Regardless of the loan type, Good Finance loan calculation is an important road map for the person before applying, either from the customer representative or from the bank’s internet or mobile branch.

How is Good Finance Credit Calculation Made?

How is Good Finance Credit Calculation Made?

Good Finance loan calculation must be done before applying for a loan. This can be done easily from the internet and mobile branch, as well as through a customer representative at the banks. Good Finance loan calculations can be carried out very easily.

The amount of the installment that comes after entering the loan amount, the number of installments, loan costs and interest rate reveals the monthly payable amount. According to this amount, it is possible to change the number of installments or the amount of the loan to make it more convenient to pay the loan. For this reason, the first thing to do to take a loan is to visit the Good Finance loan calculation tool.

Good Finance Loan Application

Good Finance Loan Application

Applications to withdraw loans from Good Finance are received from internet, mobile banking and branches. Telephone banking is also another alternative in this regard. First of all, the identity card and the phone number registered in the system must be available. Afterwards, the repayments that will arise from the loan applied through Good Finance loan calculation are determined. If it is approved after notification to the customer, the application is recorded. After a period of 1 hour during working hours, the loan results.

If the loan is not approved, if the reason arises from the loan amount or the disproportionality of the installment and income, a suitable amount and the number of installments can be determined again by using the Good Finance loan calculation tool. Since the loan installments, which correspond to one third of the documentable income, will not be a payment problem, the loan is approved. For this reason, a Good Finance loan calculator should be visited to ensure that the loan is not approved and the credit score does not decrease .

What is Credit Score?

Credit score is a scoring system that documents a person’s bank history. Thanks to this system, all relationships and payment habits that the person has previously experienced with banks are determined. For example, if a credit or credit card was received from a bank and there were problems with its repayments, the bank would then consider the new incoming credit application negative.

However, a person who regularly pays his loans without having any problems with the bank in the repayments of the loan product will get positive results in a short time if his income is at a good level. This is a standard practice for every bank. Good Finance loan calculation is purely preliminary.

Banks may not lend money to someone with a low credit score, even with high documentable income. Therefore, when using the Good Finance loan calculation tool, it should be known in advance that this does not mean that the loan has been approved by the bank.

How to Increase Credit Score?

How to Increase Credit Score?

Credit score is a system that documents individuals’ relations with banks. In this system, the credit scores of people who have a low score, that is, have a bad payment history with banks or do not work with banks on any loan products, are determined as low or zero. Any credit product must be used to increase this score. If there are not enough credit points for the loan product to be used, there is only one alternative solution. For this, shopping should be done on this card by providing a cash-blocked credit card.

The amount of cash attached to the card constitutes the limit amount of the credit card. Shopping can be done up to the limit created. The amount of shopping made is paid before the deadline. A cash-blocked credit card used in this way increases the person’s credit score after a certain period of time. When the credit score required for the loan is obtained, the cash blocked credit card can be canceled and the blocked money can be withdrawn. 

Credit Card Debt Solutions and Improve Your Credit Score

Additionally, the borrower can shop around until the lenders find the lowest interest rates will extend to them. This is also useful for a borrower with less than perfect credit. With shopping around a borrower is taking control of the situation and therefore has more of a chance than a cheap loan. If you become overwhelmed, lose a job, or run into some other situation where you simply can’t keep up with your payments a solution worth looking into is unsecured credit card debt consolidation.
For cheap personal loans in the UK, you must offer any of your assets as collateral to secure the loan amount.

It can be your home, property, car or other valuable property

money debt

Any deferment in the repayment of the loan amount will give your lender all the rights to take over your assets. Hence, you need to be very careful with the cheap personal loan repayment plan UK.

There are lenders who offer low cost loans for bad creditors as well. Even if you are bankrupt then you may also be able to take advantage of these loans against your residential property. At the same time, these are the best opportunity for you to improve your credit rating. If you repay the loan on time then you can easily improve your credit rating.

These loan plans also have a longer repayment period.

money debt

The loan amount of these low cost loans depends on the committed safety net worth. But the problem is that there are very few companies that offer houses or apartments for rent with bad credit and that even after applying a series of terms and conditions. Their first and foremost requirement is that you should have a stable monthly income and no criminal requirements. Different companies have different rules. Renting after an eviction is not an easy task at all. You need to be sure on your part as to what type of apartment or house would be for you.

Decide on the size of the apartment after going through your budget

money loan

Even better – the relationship ends with an exclusive invitation to work directly with Alan on a project he has taken on. It shows in detail how you can work with Alan (and the incredibly talented and successful team of marketing experts he has assembled to assist with the project) without directly uploading him for all the help.

Owning a home is every American’s dream from a young age, and this gives more people the chance to achieve this. With our economy in its present state, there is no substantial rent on one’s own occasions to be had. These days, lenders are not endorsing high rate home mortgages, making rent rent a great way to get into a home. Many real estate agents are recognizing this as a thriving market and are working with buyers to help them with owner financing. With the recent slump in the housing and credit markets, letting owning has become a popular choice for people.

Spending Budget

Create a budget that tracks the money going in and out of the house. This will help you become more disciplined when you spend as it will help you control your spending so as to avoid increasing your credit card debt load.

Don’t Believe Cash Payers. Let’s Make a Loan

Our need for cash is an increasing problem day by day. Life is expensive, we cannot find money even to invest. As a result of the debt, which we call deed, we become individuals with bad psychology as a result of repayments with 20% interest. In this case, how do we meet our cash needs legally? Leave the management process to our professional team and we will provide the necessary conditions.

Giving up cash to place your note and credit conditions affecting our consulting services just a click away. Our consultants indicate all kinds of mistakes made in your application while using credit and offer you the most convenient inexpensive credit and payment conditions and convenience.

They essentially draw the best roadmap for you

They essentially draw the best roadmap for you

By working with a fast, effective and permanent system, you can overcome the problems you experience in banks. It is necessary to evaluate your primary financial management and determine the plus and minus and appropriate loans. Many ideas and suggestions about the differences between earnings and expenses and how we can make your payments are determined by our experts.

While preparing the file of your loan, we facilitate our credit purchase by using correct, healthy resources. We choose the easiest way to pay by examining the importance of payment terms in loans and all kinds of issues that compel the person. After determining the places where we will take credit and give cash, we deliver our documents.

We support and follow the necessary management process

We support and follow the necessary management process

In restructuring principles, we determine the most profitable rate and determine your comfortable payments without any loss. If you want to use more than one loan, you can find out what you can do by contacting us. We serve you with our effective solutions that will end negative responses from banks.

All you have to do is fill out our form on our website and make a request. We provide you with credit rating, negative credit application results, individuals who can not get credit, those who do not have SSK and similar insurance, and on all matters related to or without guarantee. We investigate every detail of your urgent cash needs in a short time and conclude.

Our first step for your requests is to fill out the form, wait for the evaluation process in accordance with your registration information, and then use the emergency loan. Our consultants accompany you on this path from information to the finalization stages and meet your needs. Please contact us for urgent fast cash money.

How Can Those Who Do Not Have Credit Cards Shop By Installments?

Limitations on installments for purchases with credit cards caused institutions as well as consumer complaints. The explanations made by white goods and retail stores, especially technology stores, were that sales decreased significantly due to the installment restrictions and the number of installments.

Pursuant to the Credit Cards Regulation enacted by the Banking Regulation and Supervision Agency (BRSA), it is prevented that every purchase is made in installments, and it is decided to reduce the number of installments in some sectors.

In this context, the firms that declared that sales have decreased have developed methods to make purchases with installments without credit cards, which are back to the old, and allowed consumers to shop with promissory notes as they did years ago.

Is it possible to shop in installments without a credit card?

Is it possible to shop in installments without a credit card?

It is not necessary to have a credit card in order to make purchases in installments. One of the debt instruments that are valid in our country is the bills and it is possible to shop with bills within this scope.

Therefore, the institutions that the consumers who want to shop on credit card installments should apply are the companies that make sales with promissory notes. The company will issue promissory notes according to the consumer’s installment demand and will sell the product based on these promissory notes.

How to shop with promissory notes?


The only thing that the consumer who decides to shop on the bill needs to do is to reach a company that sells the product with the bill.

After reaching the company, the consumer must decide on the maturity period after he/she declares that he/she wants to purchase the related product and receive an offer from the company for this maturity. Shopping with the promissory note will cause the price of the product to be priced and, in most cases, to get a quotation from a few different companies provides less damage.

After deciding which company to buy the product, the relevant institution will likely question the consumer’s credit rating before the sale takes place. Firms do not favor shopping with promissory notes, due to the risk of blacklisted or low-credit consumers not meeting their financial obligations.

For the consumer, who does not have a problem with his credit rating, the promissory note will be issued and signed. The product will be delivered based on the signing of the bills. The first payment is usually made within the next month.

Things to Consider While Shopping with Bills

Things to Consider While Shopping with Bills

People who will shop with promissory notes should definitely pay attention to some details. Failure to heed these details may lead to victimization or fraud. It would be useful to remember that deed fraud is very common in our country.

Signing a blank promissory note

The signing of the blank note means that the amount of debt on the note can be filled as desired, and this can even lead to the loss of the owned assets. Therefore, it should be noted that the debt is written on the bill to be signed in numbers and letters.

Making Multiple Signatures Per Year

Especially, the most important detail that people who sign the promissory note on behalf of the company should pay attention is to make only one signature on the promissory note. As it is known, in the period when the stamp was used on the deed, two signatures were made in the empty space, one on the stamp, but this issue was changed and it was decided to have only one signature on the deed.

If two signatures are signed on a bill issued on behalf of the company, the name of the person signing the stock can be included in the year and be responsible for the debt. Therefore, people who want their personal assets not to be responsible for the company’s debt should make sure that they have signed one on the bill.

Currency Not Written

As can be expected, if the foreign currency type is not written next to the debt amount, it may be possible to add later. Therefore, it should be ensured that the foreign currency type is included before signing the ticker.

Paying the debt, but not taking the promissory note

The most common victimization is experienced in people who pay their debt but do not take the promissory note. If the debt is paid, but the bill is not received, the person or institution holding the stock may endorse this receivable to a different person. In this case, the consumer may need to pay twice. Therefore, if the original of the deed cannot be obtained, the final payment must not be made. If the deed is endorsed, the endorsed person must be found and the debt must be paid to that person.

What Happens If The Debt Is Not Paid?

One of the most frequently asked questions is whether there is a prison sentence if the debt is not paid. In the past, it was possible to be sentenced to prison, but it was removed from this application with a 2012 amendment.

If the creditor applies to the enforcement court for his debt, enforcement proceedings can be initiated and the foreclosure will be applied to the debtor. In addition, the expenses incurred during the whole legal process are collected from the debtor by means of foreclosure.

If you still want to have a credit card instead of all these, you can find information about the banks that receive online credit card applications through our site.


Do not deal with loan sharks. Let’s Make a Loan

The most popular solution to impress people is to show them the same thing all the time. The press, which does it the best and is the fourth power of the society today, as it did yesterday, is indeed so.

While reading this article, if you think that you have an understanding that aims to deceive you first and if you are afraid to read the article immediately, the sentence given above is very large.

They immediately understand that they are the mafia jobs

They immediately understand that they are the mafia jobs

When people are called usurers, they immediately understand that they are the mafia jobs that get bored in the heel of the borrower and eliminate if necessary. However, this is not the case at all, if it was that way, it would not have become a system that the state has legally protected and accepted today.

It is aimed to write this article to break down these prejudices of individuals who have prejudices, just as it is difficult to break down the atom. Urgent money needs money With this system, which is located next to those who called for it, which fulfills the needs of banks in a short time, the loans have reached the demand quickly.

You too are stuck with the insatiability of banks, but if you think you have no choice, you should try this remedy. Thus, you can get rid of the effects of fake advertising and smear campaigns and understand what the true truth is. This system does not work as claimed at all.

Many businessmen need this urgent money Good Credit

Many businessmen need this urgent money Good Credit

Moreover, many businessmen need this urgent money Good Credit. It provides money to its holding companies and can improve its business. First thing is to enter the website named and fill out the form required in your loan request.

After you fill in the information in this form, you will be contacted and explained how you can perform your credit collection. If you want, you will be able to receive your credit with your account number, by mail or by manual payment. In this form, you specify your loan amount after writing your name and surname, and then you are not subjected to any further processing so that you can request a loan by filling in the fields where your contact address and income are determined. You are also exempt from time-consuming troubles such as neither file costs nor warrants. You can also get credit under the new name of the system.