What if you need a car to get to work, but you don't have the money to buy one right now? In that case, you don't have to save for three years until you have enough money. That's what loans are for.

A loan means that you borrow money from a bank and pay it back later. Usually you return a loan in small payments called installments. The price for the bank lending you money is the interest you pay to the bank for your loan.

Taking out a loan always means a lot of responsibility. After all, you are committing yourself to paying money regularly over a long period of time. That is why it is important to know exactly how a loan works and when it is smart to take out a loan.

We want to help you with this. We can give you an overview so that you know when it can be worthwhile to take out a loan. Of course, we do not replace a personal conversation with a consultant. Nevertheless, it is always good to know what happens with your money.