Hope in hard economic times depression, State bankruptcies and a euro plummet, these are the themes that dominate the headlines of the last few months. Losses in the billions at banks and bad news to the others, complete the picture. Consumers fear to your job and your savings, if anything exists. But the reality is probably a little different from over 70% of the households plaguing an extreme financial gap and this should be closed already in the past, via loans from the Bank. So far this worked at least more quite as bad. Since the change of lending standards (Basel II) that looks very different. Private consumers have it harder to obtain appropriate credit. All consumers who have no flower-point score value (credit key) are affected.
Often enough you have only access to loans with higher interest rates, which in turn often unduly expensive the credit and makes it so often also not affordable. However, the consumer has also Thanks to the Internet the possibility of alternative offers to Dodge, offering interest rates from 4.9%. Compare but there, because where the demand is high, there is also often a range of providers (too confusing). “Consumers should be based on the experience of the party look, because especially in this market, black sheep have” no durability. Many years presence in the market, always under the same name, is an indication of seriousness. But here too, the conditions must be.