Consumer Loans

Compare Bank Consumer Loans in Germany

Updated on 24 September 2020

12 offers from 11 banks
Borrowing Rates: 1.49 - 11.69 %
Loan Terms: 6 - 120 months
 N26
DEGermany
Rating
 (4.5)
Max. Loan Amount
25,000 EUR
Min. Loan Term
6 months
Min Rate (p.a.)
2.99 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
6 months
Max. Loan Term
60 months
Min. Loan Amount
1,000 EUR
Max. Loan Amount
25,000 EUR
Min. Effective Rate (p.a.)
2.99 %
Max. Effective Rate (p.a.)
7.80 %
Consumer Loan Provider
 (4.5)

N26 Bank was founded in 2013 and launched its first product in 2015. N26 Bank GmbH is a new innovative German bank, focused on offering retail banking products and services online. N26 Bank provides current accounts, payment cards, consumer loans to private individuals, freelancers and self-employed professionals.

Rating
n/a
Max. Loan Amount
50,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
1.49 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
84 months
Min. Loan Amount
1,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
1.49 %
Max. Effective Rate (p.a.)
11.69 %
Consumer Loan Provider

YOUNITED (Younited Credit) is a French credit institution, specialized in providing a broad range of consumer finance solutions. YOUNITED offers consumer loans, car loans, and credit cards. YOUNITED was founded in 2009 and was previously known as PRET d'UNION.

 Postbank
DEGermany
Rating
n/a
Max. Loan Amount
50,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
1.99 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
84 months
Min. Loan Amount
3,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
1.99 %
Max. Effective Rate (p.a.)
7.99 %
Consumer Loan Provider

Deutsche Postbank was formed in 1990 as a result of de-merger postal savings division from Deutsche Post. Deutsche Postbank offers retail and corporate banking and insurance simple, low-priced and fair products and services to its individual and business customers via Internet and mobile banking, telephone, a wide branch network and postal offices. Since May 2018, Deutsche Postbank operates as a branch of DB Privat- und Firmenkundenbank AG.

 TARGOBANK
DEGermany
Rating
 (3.2)
Max. Loan Amount
65,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
2.45 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
84 months
Min. Loan Amount
1,500 EUR
Max. Loan Amount
65,000 EUR
Min. Effective Rate (p.a.)
2.45 %
Max. Effective Rate (p.a.)
8.49 %
Consumer Loan Provider
 (3.2)

TARGOBANK is a subsidiary Crédit Mutuel, a French cooperative bank. TARGOBANK provides retail banking products and services. The bank's is focused on reliable advice and simple, attractive products. TARGOBANK distributes its products via different channels - branches, phone, Internet.

 norisbank
DEGermany
Rating
n/a
Max. Loan Amount
50,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
2.69 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
96 months
Min. Loan Amount
1,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
2.69 %
Max. Effective Rate (p.a.)
7.80 %
Consumer Loan Provider

The history of norisbank began in 1954, when a mail-order company Quelle established a compamy called "Noris" to finance purchase of Quelle's products. Noris Bank was established in 1965 and after several sales, norisbank belongs to Deutsche Bank Group since 2006. Since 2012 norisbank is a direct bank, offering easy-to-understand retail banking products at favorable conditions 24 hours a day, 7 days a week.

 DKB
DEGermany
Rating
 (2.3)
Max. Loan Amount
65,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
3.29 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
120 months
Min. Loan Amount
2,500 EUR
Max. Loan Amount
65,000 EUR
Min. Effective Rate (p.a.)
3.29 %
Max. Effective Rate (p.a.)
3.79 %
Consumer Loan Provider
 (2.3)

Deutsche Kreditbank AG (DKB) was founded in 1990 in Berlin. DKB is a wholly owned subsidiary of Bayerische Landesbank. DKB provides banking products and services to retail, corporate and public sector clients. Retail banking products are offered via direct banking channels.

Rating
 (2.1)
Max. Loan Amount
50,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
3.69 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
120 months
Min. Loan Amount
2,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
3.69 %
Max. Effective Rate (p.a.)
5.79 %
Consumer Loan Provider
 (2.1)

SKG Bank was founded in Saarbrücken in 1953 by Landesbank Saar. Since 2008 the bank was a wholly owned subsidiary of Deutsche Kreditbank On July 2015 SKG Bank was merged with its parent company, Deutsche Kreditbank.

 ING
DEGermany
Rating
 (3.1)
Max. Loan Amount
10,000 EUR
Min. Loan Term
12 months
Min Rate (p.a.)
3.99 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
12 months
Max. Loan Term
96 months
Min. Loan Amount
5,000 EUR
Max. Loan Amount
10,000 EUR
Min. Effective Rate (p.a.)
3.99 %
Max. Effective Rate (p.a.)
3.99 %
Consumer Loan Provider
 (3.1)

ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.

Rating
 (3.3)
Max. Loan Amount
50,000 EUR
Min. Loan Term
24 months
Min Rate (p.a.)
1.58 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
24 months
Max. Loan Term
84 months
Min. Loan Amount
3,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
1.58 %
Max. Effective Rate (p.a.)
6.47 %
Consumer Loan Provider
 (3.3)

The German branch of Bank of Scotland was founded in July 2008. The Bank of Scotland (German branch) specializes in retail banking and offers its customers savings accounts, consumer and car loans. The Bank of Scotland, one of the oldest banks in Europe, is a global commercial bank headquartered in Edinburgh (Scotland) and is a member of the Lloyds Banking Group.

 SWK Bank
DEGermany
Rating
 (4.3)
Max. Loan Amount
100,000 EUR
Min. Loan Term
24 months
Min Rate (p.a.)
1.75 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
24 months
Max. Loan Term
120 months
Min. Loan Amount
2,500 EUR
Max. Loan Amount
100,000 EUR
Min. Effective Rate (p.a.)
1.75 %
Max. Effective Rate (p.a.)
4.99 %
Consumer Loan Provider
 (4.3)

Süd-West-Kreditbank Finanzierung GmbH (SWK Bank) was founded in 1959. Now SWK Bank is a direct bank offering retail banking products and services over the Internet and thus avoiding having to support a high-cost branch network. The costs saved this way are passed on to the bank costomers.

 1822direkt
DEGermany
Rating
n/a
Max. Loan Amount
50,000 EUR
Min. Loan Term
36 months
Min Rate (p.a.)
1.64 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
36 months
Max. Loan Term
120 months
Min. Loan Amount
2,500 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
1.64 %
Max. Effective Rate (p.a.)
7.31 %
Consumer Loan Provider

Frankfurter Sparkasse is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 379.

Core business of Frankfurter Sparkasse is providing high-quality retail banking products and services to local residents: private customers, small- and medium-sized enterprises and public-sector institutions.

Traditionally for savings banks Frankfurter Sparkasse is essentially focused on broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Frankfurter Sparkasse to avoid excessive risks which is reflected in high credit ratings of Frankfurter Sparkasse.

Frankfurter Sparkasse, one of the largest savings banks in Germany, is a modern, universal bank, providing all types of financial services for both private and corporate customers. Frankfurter Sparkasse offers direct banking via its subsidiary 1822direkt. Frankfurter Sparkasse belongs to Landesbank Hessen-Thüringen (Helaba).

 DSL Bank
DEGermany
Rating
n/a
Max. Loan Amount
50,000 EUR
Min. Loan Term
48 months
Min Rate (p.a.)
3.85 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
48 months
Max. Loan Term
120 months
Min. Loan Amount
5,000 EUR
Max. Loan Amount
50,000 EUR
Min. Effective Rate (p.a.)
3.85 %
Max. Effective Rate (p.a.)
10.33 %
Consumer Loan Provider

Deutsche Postbank was formed in 1990 as a result of de-merger postal savings division from Deutsche Post. Deutsche Postbank offers retail and corporate banking and insurance simple, low-priced and fair products and services to its individual and business customers via Internet and mobile banking, telephone, a wide branch network and postal offices. Since May 2018, Deutsche Postbank operates as a branch of DB Privat- und Firmenkundenbank AG.

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Consumer loans are secured or unsecured loans given to customers for personal, family, or household purposes or for purchase of goods and services. Unsecured consumer loans (which are not backed or secured by a collateral) are typically have higher interest rates than secured loans. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term).

The table above shows essential details of selected consumer loans products offered to retail customers by the banks in Germany: currency, effective rate per annum and loan term in months. The consumer loans terms vary from 6 month to 10 years (120 months). The effective borrowing rates are within the range 1.49 - 11.69 %.

Other Banking Products in Germany

See Also