13000 euro loan
There are some loan amounts that you need again and again, but which are very difficult to obtain through traditional loan offers. The sums are too big for classic installment loans, but they are not covered by special earmarked loans – at least if you’re not demonstrating creativity and tricking. A classic example of this is a € 13,000 loan – you may know this amount from the field of car finance. In fact, it is needed much more often.
Applications: When do you need a 13000 Euro loan?
There are several scenarios when you need a loan of 13000 euros. Thus, it has been shown that many renovation or modernization work in the house and apartment that you can do yourself move in this area. If you want to completely re-stock your own four walls with furniture, you usually end up priced in a similar area. Even dream holidays can easily cost a five-figure amount – especially if you do not do it alone. However, the most common use of a 13000 euro loan is for the purpose of rescheduling.
The problem is the duration: Most banks limit their loans to a maximum of 84 months. If you are unable to pay the 13,000 euros (plus interest) within the seven years because the installments have become too high for you, the money house usually denies lending. Unless you can suggest a sound financing plan.
So you get a 13000 euro loan
The easiest way to get the $ 13,000 loan is to increase your monthly installments. In other words, you should not take the loan alone, but for two. If both people earn, your financial leeway should be enough to pay off the installments. Expect a monthly burden of just under 200 euros.
Alternatively, you can ask the bank to consider extending the term of the loan. Depending on the profession you belong to, you may find it comparably easy: for example, teachers can take out a civil servant loan, which can cover up to twelve (sometimes fifteen) years.
If you do not need the money completely but need to fetch it gradually, you can try to split the loan amount into smaller parts and take them one after the other. If you repost, you usually pay for real estate or vehicle financing. You can then argue that the 13,000 euro loan basically takes on the role of the old loan.
13000 euros to get credit over the financing trick
If the above systems are not suitable for you, you can work with the funding trick that the bank will probably suggest anyway: you only pay a fraction, say 50 percent, during the term. The rest of the loan amount will be due at the end. Here you simply take out a new loan to pay off the loan. However, you should know that you will pay significantly more on the interest in this way than if you could repay the loan in one go over the term.