Postal Bank car loan
Postal Bank is one of the largest private customer banks in Germany. Building on a large number of customers from the time of the Lender Bank, Postal Bank was able to gain additional shares through innovative offers such as free current accounts or cheap direct loans. Postal Bank car loan is characterized by favorable terms and flexibility that would have been unthinkable a few years ago.
Fair interest and flexibility
Postal Bank does not have its own special car loan, so the loans for buying a car are considered normal retail loans with terms between 12 months and 84 months. Very different loan volumes of between 3,000 and 50,000 USD are possible if the creditworthiness and legal age are available. In contrast to the classic offer of a large bank, the personal loan at Postal Bank differs in two ways:
When taking out an online transaction, there are considerably discounted conditions that put almost every branch bank offer in the shade. In addition, Postal Bank’s car loan has taken on functions that were previously only available with very modern and glaring competitors: A special repayment of 50% is possible per credit year. For example, if you take out your loan on December 1st of this year, you can make a special repayment between December 2011 and November 2012 and the next one as early as December 2012. You only pay the already low interest on the amount that you really need .
Fast processing and payment
Postal Bank’s car loan is available both online and at the branch. After receiving the documents, consisting of a proof of wages and salary, the Credit Bureau information obtained, Postal Bank’s lean structure enables the loan to be processed quickly and paid out quickly.
This can not only be paid to the Postal Bank checking account, but basically to every account of the applicant in Germany. Postal Bank speaks of a processing time of just a few days.
Act as a confident cash payer
You can further reduce the already low interest rates on Postal Bank car loans: You can use the amount made available in your checking account to buy a car without the car seller having to know about it. So you can act as a self-confident cash payer and trade out further discounts or a higher quality special equipment. The car dealer also has an advantage from your payment: Very few people think that discounted car loans from the manufacturer are billed to the car dealer with a certain percentage or deducted from his commission. Since the buyer is king again in autumn 2011 after the auto economy has slowed down, you should not miss this advantage.
Postal Bank’s car loan is the ideal financing for the dream car, which allows you flexibility and bargaining power through quick provision.