Sometimes it can happen very quickly: You realize after a car repair that a new car is absolutely necessary, or there are many improvements in your own home, so that large costs for renovation are coming your way. Then you need quickly and easily a loan iHv 60000 euros or more, because your income is not enough.
Find the best 60000 euro loan thanks to loan comparison
In search of a cheap 60000 euro loan you should definitely make a free loan comparison, whereby you can look at many different offers in a few moments. Simply enter the desired loan term, and you will be able to find the 60000 euro installment loans at the most favorable interest rates.
The 60000 Euro credit as a loan
Basically, by 60000 euro loan on this page we also mean the 60000 euro loan. Strictly speaking, this goes only from a term of at least 48 months, but usually with a high loan amount, the term for repayment is even longer, which is why we make no distinction here – exceptions certainly confirm the rule there.
Very common terms in the 60000 euro loan are 72, 84 or 96 months. Shorter terms such as 12, 24 or 36 months provide for pleasantly low credit costs. The monthly rate is very high here, however. A term of 108 or 120 months waiting with low credit rates, but here the credit costs are quite high. In addition, not all banks offer such a long term.
No matter with what term you want to take your 60000 euro loan ultimately: The following requirements must be met so that you can qualify for the admission at all!
Requirements for taking a 60000 euro loan from the bank
If you want to get a 60000 Euro loan from a German bank, then some criteria must be met:
- You are at least 18 years old and therefore of legal age according to German law.
- You are registered in a German municipality or city and therefore reside in the FRG.
- You have full legal capacity and are therefore eligible for credit.
- You draw a regular income and ideally have a permanent employment contract.
- You have a high credit rating and a high score in the SCHUFA query.
If you are employed in the private sector, earn well and meet all the requirements, then there is not much in the way of an approval. Public employees and civil servants usually have it similarly easy. It can look different with self-employed persons and entrepreneurs – for them there are further points which are to be considered.
Other requirements that apply to the 60000 euro loan for self-employed people
Freelancers, tradesmen and other entrepreneurs should be prepared to u.a. need to submit the following documents so that you can get a 60000 Euro loan for entrepreneurs quickly:
- the balance sheets, annual financial statements or income statements (EuR) of the last few years
- Tax assessment notices from the tax office
- a business evaluation, which z.B. prepared by a tax firm or auditing company
- further proofs to income from renting, share or also foreign exchange trade
If you also have a high credit rating after checking the documents, then you should also have a good chance of a fast and flexible 60000 Euro loan as a self-employed person. The sticking point is often the proof of a sufficiently high salary, since entrepreneurs with their business are sometimes exposed to fluctuations in income. Then it is sometimes difficult for the bank employee to correctly assess your current financial situation – the priority is always to minimize the risk of default.
Examination of SCHUFA entries in the credit check
Whether you want a 60000 Euro loan for civil servants, entrepreneurs or other population groups – German credit institutions will always also check your creditworthiness in exchange with SCHUFA Holding AG in Wiesbaden. This company has been collecting relevant data on German citizens and companies for many years.
If a credit request is now made, the potential creditor obtains the information from SCHUFA, which transmits relevant data about the payment history of the potential borrower. If you have made payments in the past only after reminders or not at all, then this will have a negative impact on your credit rating. Even the smallest cell phone bill can have a negative impact on.
Tip: If you are in doubt about how you currently stand with the SCHUFA, then you can always up to once a year make an inquiry to the German credit agency. This will then also provide you with the stored data. False entries can be deleted in this way, or you can delete them. have it corrected.
How do I get a 60000 Euro loan without SCHUFA?
Many people are looking for a 60000 euro loan without SCHUFA query, if you have a correspondingly low SCHUFA score. With German banks, such a SCHUFA-free loan, where no information is obtained from Wiesbaden, is not possible. At best, there are foreign credit institutions that can help here, but they usually pay a lot – the fees and interest rates are often very high.
You should be careful if such a 60000 Euro loan without SCHUFA is offered only with upfront costs. Most of the time, the racketeers behind such offers are scammers who want to rip you off.
Additional loan collateral for a higher credit rating
If your creditworthiness is perhaps not quite sufficient, then the contribution of additional loan collateral might be a better alternative than an expensive loan without SCHUFA query. Here again, there are a few variants:
Real loan collateral for the 60000 Euro loan
Often such a large loan amount is used for home renovations. Perhaps you would like to put in a few dormers in the roof, renew the kitchen or even create a beautiful conservatory. Then it would make sense to deposit your house as collateral for the loan. Or you want to buy a new car and thus take out a car loan, so that the car would offer itself as collateral.
Personal collateral for the 60000 Euro loan
In addition to the factual loan collateral there are also personal. For example, you can use a guarantor, who is usually from the closer circle of acquaintances or even relatives. Here there are then directly liable guarantors or deficiency guarantors, which can improve your credit rating. However, the very best is another borrower.
This is because a second borrower is responsible from the start just as you are as the original applicant for the loan amount or. liable for the payment of the monthly installments and be asked to pay immediately if you are ever unable to pay. This is very positively received by the banks, so this can be the decisive argument for approval.
Tip: Even as a civil servant, you should think about adding another borrower. As a result, you may once again receive significantly better conditions and be granted the really most favorable interest rate, thereby saving a lot of money.
Uses for the loan iHv 60000 euros
In addition to the above-mentioned renovation or. Modernization loan and the car loan there are some other reasons for taking a loan iHv 60000 euros. This can z.B. in connection with the establishment of a company, in which case you should take out a company loan and not a private consumer loan. Another reason could be debt restructuring.
The 60000 Euro debt rescheduling loan
If you z.B. have taken out one or more loans a few years ago, then it is worth taking a look at the contract details on occasion. Especially if you were still at the beginning of your career when you signed the contract and did not yet have the highest salary, then you probably were not offered a good APR. Now your financial situation and credit rating is much better though, and nowadays you would get top conditions.
In this case, it may make sense to "merge" the old loans into a new loan. This can pay off quite quickly if the loan amount is perhaps still in the five-figure range, and you would still pay off a few years.
Even small differences in percentages can be very noticeable. In any case, check whether you can make an unscheduled repayment, and calculate your savings potential through a debt restructuring loan necessarily even if you would have to pay a prepayment penalty.
The 60000 Euro loan from private
If you don't want to apply for an installment loan from a regular bank, then there is also the option to get the 60000 euros from a private individual. In that case, a good acquaintance or even a relative could serve as a creditor, and if you are very lucky, you can even get a 60000 euro loan this way without interest or proof of income.
But in any case, even then, write everything in a contract that both parties should read carefully and then sign, so that there are no nasty surprises later on.
You can also get a loan from an anonymous person. In most cases, the contact is made via a platform on the Internet, whereby the platform operator retains a brokerage fee, which you must pay in addition to the often high interest rates for the loan from private individuals. In the end, a "normal" installment loan may still be the best and cheapest option!
Conclusion to the individual loan iHv 60000 euros
There are many reasons for taking out a 60000 euro loan and various ways to get the money you need. Start now easily by making the free and SCHUFA-neutral loan comparison! You also don't need to worry at all, as the request does not affect your credit rating. It is namely SCHUFA neutral!
Many banks allow an application, loan application review and approval completely online, so you don't have to leave your home. How the identity check, the provision of documents and all other details will then be explained to you in detail.