Credit card loans, or prepayments by credit cards, are another form of personal loan. These fast loans are more easily available to the general public and do not require a credit check.
Getting a genuine card will most likely require a credit check, or at least the process of identifying guaranteed credit cards. Loans or credit card advances usually come with higher interest rates as well as other cash access fees. You can also look for 'credit with no income and schufa -free loan, apply now via afinu.de' (also known as ‘‘Kredit ohne Einkommen und SCHUFA-freies Darlehen, jetzt ber afinu.de beantragen' in the German language).
Various companies provide access to credit card prepayments from cash registers, check-to-check facilities and automated ATMs. Fees vary based on the source of access to funds.
To lower the down payment fee, some use the check-in facility to charge the card and get the money back because they don't have to pay the ATM fee because the card is charged twice. first from the ATM company and also their bank.
Interest rates on loans or credit card advances are usually higher than on signed loans. Some countries have usury laws with lower interest rates on credit cards. Credit card loans or prepayments are not "fixed-term loans" like most signed loans.
This is more or less a line of credit that borrowers can access when they need it, as long as there is money available on the credit card. Interest on consumer loans is no longer subject to taxes as in previous years.