Credit Holidays

Credit holidays are a period of credit commitments, during which the borrower pays only the loan interest or only the principal amount of the loan without interest to the creditor, however, the first type of loan holiday is more advantageous for both the borrower and the lender, therefore it is more popular and widely used. […]

The annuity loan

The annuity loan is a loan that is most frequently requested in Germany. The name derives from the fact that the rates are called annuities. For this particular loan, the installment payable consists of an interest and a repayment installment. Especially the annuity loan, because here the monthly payable rate always has the same amount. […]