The Loan app is a simple and secure way to find and track your loan application—all conveniently from your mobile device. The app is designed to facilitate the loan approval process and track the status of your application. With this app, you can:
Apply for a loan quickly and easily - After selecting the right loan, you can complete and submit the application directly through the app without having to visit a bank.
Track the status of your loan - The app allows you to track the progress of your application in real time. You will be informed every step of the way—from receipt of the application to the final decision on loan approval or rejection.
Data security - Your personal data and loan information are protected by advanced security protocols, ensuring complete privacy and security.
Customer support - If you have any questions or concerns, the app offers fast and efficient support via chat or call, so you can get answers to all your questions.
Loan restrictions:
* Minimum repayment term: 12 months
* Maximum repayment term: 84 months
* Maximum annual percentage rate (APR): 10.95%
Loan example:
* Term: 36 months
* Loan amount: €15,000
* Effective annual percentage rate: 9.90%
* Total loan interest costs: €2,292.06
Note: Lending is prohibited if it leads to excessive indebtedness (Article 3 of the German Unfair Competition Act).
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