Why just record a 13000 USD loan? Many consumers ask themselves this question when they see in our loan calculator the different loan amounts available for selection. For 13,000 USD appears to be a sum that many do not have on the plan.
What do you do with a 13000 USD loan?
It is relatively easy to move properly with 13000 USD. An extended trip to distant lands that would not be possible without the loan would be just one of many examples. Or the purchase of a great used car. Maybe a new kitchen should be bought, with high-quality equipment and the latest technology. Or, an existing property requires a major refurbishment or renovation. Just a few more examples that justify the inclusion of a 13000 USD loan.
Requirements for a 13000 USD loan
However extensive the post-borrowing plans may be, they can only be realized if the loan is granted. And for this to happen, the prospect must meet some requirements. One of these requirements is that a fixed income of an attractive amount can be provided. It is needed to be able to repay the loan eventually to the bank or the savings bank.
If, for example, a longer break should be planned with the money, it must therefore be seen how the repayment can be regulated. Because no income is achieved, no money for the monthly installments of the loan is available.
Another important requirement is a positive Credit Bureau, which must not be indebted and should be as free as possible of other major financial obligations.
This means that the borrower does not have to serve any further loans and is not liable as a guarantor for them. Speaking of guarantor: even with a 13000 USD loan, the banks have the right to demand a guarantor.
They usually make use of this right when the creditworthiness of the borrower is somewhat weak.
The conditions for borrowing all refer to the creditworthiness of the borrower. However, there are other requirements that must also be met. This includes a minimum age of 18 years. Likewise a fixed residence in Germany and a German bank account, which can be used for the repayment of the credit as a reference account. Furthermore, it may be useful to think about the conclusion of a residual debt insurance or term life insurance. However, only if the bank considers the conclusion of insurance as a condition.
Otherwise, it should be refrained from, because the insurance costs additional money.
Who forgives the loan?
For the banks 13000 USD are no big deal. Such a loan is therefore gladly forgiven. The selection is therefore correspondingly large and a comparison of the various offers always recommended. Our loan calculator is available for comparison.
He shows relevant offers that fit the loan amount and the desired term. It is also possible to decide which purpose should be stated when borrowing. The use of the loan calculator is free and without obligation. He does not require the input of personal data and does not ask for the creation of the offers from the Credit Bureau of the interested parties.
These processes are carried out exclusively by the bank.