Here, the cheapest provider is not always the best. Anyone who relies solely on the conditions shown on comparison portals on the Internet is making a mistake.
Whether insurance, electricity provider or lender - the number of providers is often large. Especially when searching on the Internet, customers quickly lose the overview.
But beware:
Low interest rates aren't the only thing that matters when it comes to loans.
Most comparison portals work on the same principle: the cheapest provider wins.
Comparing based on interest rates alone can be misleading. "The amount of the loan interest usually depends on the creditworthiness of the customer."
That is:
If a financial institution rates a customer's solvency lower, the customer may have to pay more interest than the comparison via the portal would suggest. Only a few banks offer the same interest rates across all credit ratings. Others reject customers with a low credit rating outright.
Anyone who starts a credit comparison must remember that all options are always optimally set.
They can't even tell if they'll get the loan on those terms.
In addition, advertising offers are often found in the first results.
Don't fall for these bait and switch offers.
"Therefore, whoever is on top is not always the best."
If you are looking for particularly cheap loans, Bestfinance is the right place for you: We know the loan market and can optimize your request so that you really get your suitable loan with the best conditions.
You can calculate your desired amount and rate using our loan calculator.
You will receive your personal financing offer within a very short time, completely free of charge and without obligation.
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