With a personal loan, you agree on the amount, term and interest rate with the lender before the start of the loan. During the term, the loan cannot be changed and interim repayment is only possible by paying a penalty. The interest on a personal loan is higher than the interest on a revolving credit.

For a personal loan, we recommend that you compare various lenders online before you finally take out a personal loan. Of course it does not have to be the case that you have to pay a lower interest rate with one than with another, but the conditions may also differ, so that that one provider is slightly more favorable for you.

Examples of personal loan providers include: