Updated September 28, 2026 · BorrowCue Editorial Team
1822direkt vs Plazo ES
What sets them apart
| Compare |  1822direkt |  Plazo ES |
|---|---|---|
| APR | 5.29%Lower | 24.19% |
| Loan amount | €7,500 to €100,000Higher | €500 to €5,000 |
| Term | 24 to 120 monthsHigher | 48 months |
| Arrangement fee | 0 EUR (credit application processing is free of charge) | 0 EUR |
| Funding time | Within 24 hours after digital signing | Money available about 10 minutes after sign-up; approval answer arrives in minutes |
| Lender type | Broker | Direct lender |
| Free early repayment | YesHas it | No |
| Eligibility | Minimum 18 years old, main residence in Germany, employed at least six months, permanent contract, no negative SCHUFA or CRIF Buergel entry | Over 18, DNI/NIE or European passport, resident in Spain, demonstrable income, good credit history |
| Loan types | Personal, Debt consolidation, Car, Credit lineCovers more | Personal, Credit line |
| Representative example | Not confirmed | Línea de crédito revolving 1.500 EUR, TIN fijo 21,86%, TAE 24,19%, 48 monthly instalments of 47,15 EUR, total due 2.263,20 EUR |
Same on both: Credit check (Hard), Rate type (Fixed), Origination fee (%) (0%), Credit needed (Good), Use cases (Home improvement).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- 1822direkt scores higher overall: 9.0 vs 8.9.
- Founded is lower at 1822direkt: 1996 vs 2021.
- APR is lower at 1822direkt: 5.29% vs 24.19%.
- Free early repayment: only 1822direkt.
- Loan amount is higher at 1822direkt: €7,500 to €100,000 vs €500 to €5,000.
- Term is higher at 1822direkt: 24 to 120 months vs 48 months.
- Support channels: only Plazo ES offers Chat.
- Loan types: only 1822direkt offers Debt consolidation, Car.
Our verdict on each
1822direkt
1822direkt suits German borrowers who prioritise low stated costs and fixed-rate borrowing across mortgages and personal loans. Its mortgage product fee is €0, while the initial rate is 3.87% and the APRC is 3.97%. The main trade-off is the hard credit check used for personal-loan applications.
Plazo ES
Plazo ES suits Spanish residents with a good credit history who want a small personal loan or a revolving credit line funded within minutes. Its 24.19% annual cost is high next to cheaper lenders, so the total repaid over 48 instalments is the figure to weigh.
Score breakdown
| Area | 1822direkt | Plazo ES |
|---|---|---|
| Cost | 9.3HigherMortgage product fees are €0, while personal-loan application processing carries an origination fee of 0 EUR (credit application processing is free of charge). | 8.724.19% annual cost sits well above cheaper lenders, and free early repayment is not offered. |
| Offer | 9.2The offer spans personal, debt consolidation and car, plus fixed-rate mortgages with free early repayment. | 9.5HigherA personal loan and a credit line under personal and credit line, with funding within minutes of sign-up. |
| Trust | 8.6 | 8.7Higher |
Availability and regulation
| Country | 1822direkt | Plazo ES |
|---|---|---|
| Germany | Not confirmed | |
| Spain | Not confirmed | Banco de España 6899 |
Additional countries for 1822direkt: 1. Additional countries for Plazo ES: 1.
Choosing between them
Pick 1822direkt if cost, apr, loan amount, and term matter most.
Pick Plazo ES if offer matter most.
Ranges side by side
| Fact | 1822direkt | Plazo ES |
|---|---|---|
| Loan amount | €7,500 to €100,000 | €500 to €5,000 |
How they place
| Ranking | 1822direkt | Plazo ES |
|---|---|---|
| Personal loans | 644 of 1920 | 20 of 1920 |
| Home improvement loans | 289 of 562 | 10 of 562 |
Every fact side by side
| Fact | 1822direkt | Plazo ES |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Not confirmed | Credit line, Same day funding |
| Legal entity | 1822direkt Gesellschaft der Frankfurter Sparkasse mbH | IDFinance Plazo, S.L.U. |
| Headquarters | Germany | Spain |
| Founded | 1996Lower | 2021 |
| Support channels | Email, Phone, Help centre | Email, Chat, Phone, Help centreCovers more |
Where each stands against the rest
| Fact | 1822direkt | Plazo ES | Median |
|---|---|---|---|
| APR | 5.29%below the median | 24.19%highest quarter | 8.99% |
| Loan amount | €7,500 to €100,000highest quarter | €500 to €5,000lowest quarter | €40,000 |
| Term | 24 to 120 monthshighest quarter | 48 monthsbelow the median | 60 |
| Origination fee (%) | 0%below the median | 0%below the median | 0.25% |
Median across 1152 listed lenders.
Pros and cons
1822direkt
Pros
- Mortgage product fees are €0.
- Personal-loan application processing is free of charge under 0 EUR (credit application processing is free of charge).
- Early repayment is free.
Cons
- Personal-loan applications use a hard credit check, which may make approval harder for borrowers with limited credit history.
- Personal loans are available only on a fixed-rate basis.
- The stated lender type is broker, so applications are arranged through a broker.
Plazo ES
Pros
- The approval answer arrives in minutes and the money is available in your account shortly after you sign up, so a cost that cannot wait can be covered the same day.
- The origination fee is 0 EUR on the personal loan and the credit line, so the cost sits in the rate rather than in a setup charge.
- The rate is fixed, so an instalment does not rise when market rates move.
Cons
- The annual cost of 24.19% sits well above 12% for the median brand on the site, so the interest does most of the work in what you repay.
- Free early repayment is not offered, so clearing the balance ahead of schedule does not bring the cost down, while 81.2% of the brands compared do offer it.
- Applications run a hard credit check, so an outcome here can also weigh on other credit applications you make.
Who each suits
1822direkt
Who it suits
- Adults resident mainly in Germany with a permanent contract and a clean SCHUFA and CRIF Buergel record.
- Borrowers comparing fixed-rate mortgages for purchase, remortgaging or buy-to-let purposes.
- Personal-loan applicants with good credit who want free early repayment and no application processing fee.
Who should look elsewhere
- Prestalo may suit a borrower focused on its listed initial rate of 2.36%.
- Creditilia ES may suit a borrower focused on its listed initial rate of 4%.
- Sofkredit may suit a borrower focused on its listed initial-rate range of 8% to 14%.
Plazo ES
Who it suits
- Adults living in Spain with a DNI/NIE or a European passport, demonstrable income and a good credit history.
- Borrowers who want both a personal loan and a revolving credit line from the same firm, since the range covers personal and credit line.
- People who can carry a 24.19% annual cost and value money in the account within minutes of signing up.
Who should look elsewhere
- Readers chasing a lower annual cost, since Monzo Flex quotes 10% to 23% against 24.19%.
- Borrowers who plan to finish early, since free early repayment is not offered here while most of the site comparison does offer it.
- Anyone needing a sum above €500 to €5,000, where Cashspace at PHP 12 to PHP 36 is set in a different currency and market.
Current offers
1822direkt
Current offer
Bonus
0,10 % Zinsvorteil im Online Finanzierungskonzept: 0,10 % Zinsvorteil
Offer tied to the Online Finanzierungskonzept; 0,10 % surcharge applies to properties that are not energy efficiency class A+ to C
Source, checked September 26, 2026
Bonus
Praemie fuer Kontonutzung im Girokonto: 200 EUR
New customers of the 1822direkt Girokonto, combined with 3,50 % Zinsen p.a. for new customers
Source, checked September 26, 2026
First period offer
Tagesgeldkonto Neukundenzins: 3,50 % Zinsen p.a.
Valid for 6 months up to an investment amount of 250,000 EUR, then the then-valid base rate applies
Source, checked September 26, 2026
Plazo ES
Current offer
Bonus
Cashback on purchases with the Plazo card: Up to 15% cashback at favourite brands
Only when paying with the Plazo card; subject to meeting eligibility conditions and validity of the offers
Source, checked September 26, 2026
Country by country
| Country | 1822direkt | Plazo ES |
|---|---|---|
| Germany | Yes | No |
| Spain | No | Yes |
Questions about each
1822direkt
What are the fees for a personal loan?+
Personal-loan rates start with an APR of 5.29%. Credit application processing is free of charge under 0 EUR (credit application processing is free of charge), and the stated product fee is 0%.
What costs apply to the mortgage?+
The mortgage initial rate is 3.87%, with an APRC of 3.97% and a fixed period of 10. The stated mortgage product fee is €0.
Plazo ES
What does borrowing from Plazo ES cost?+
Plazo ES charges an annual cost of 24.19% on a fixed basis, and the origination fee is 0 EUR, so there is no setup charge to add. The published representative example is a revolving credit line repaid in 48 monthly instalments, and the total due comes to noticeably more than the amount drawn. That gap is the real cost to weigh.
Is Plazo ES a regulated lender?+
Plazo ES is a direct lender listed with Banco de España under 6899, so a Spanish supervisor is responsible for how it conducts that business. A loan is a borrowing contract rather than a savings account, so what you owe comes from the published terms, and the register entry is the detail worth checking before you sign.
Other options to compare
Other matchups
- 1822direkt vs Kredit.de
- 1822direkt vs ExpressCredit Lesotho
- 1822direkt vs SMBC card loan
- 1822direkt vs Credius
- 1822direkt vs Deutsche Bank
- 1822direkt vs EasyMortgage NZ
- 1822direkt vs Tamara
- 1822direkt vs Sambla
- 1822direkt vs Zmarta
- 1822direkt vs AVO Bank
- 1822direkt vs Buyway BE
- 1822direkt vs Interhyp
- 1822direkt vs Branch
- 1822direkt vs Bank Norwegian
- 1822direkt vs BCS Lending
- 1822direkt vs Lendo.no
- 1822direkt vs BesserFinanz Umschuldung
- 1822direkt vs Global Mortgage Group
- 1822direkt vs WeLend
- 1822direkt vs Amanahkredit MY
- 1822direkt vs CashX
- 1822direkt vs Century Financial Services
- Plazo ES vs Acorn Finance
- Plazo ES vs Oney Préstamos ES
- Plazo ES vs Sofkredit
- Plazo ES vs Prestamiau ES
- Plazo ES vs DKB (Deutsche Kreditbank)
- Plazo ES vs Fidea
- Plazo ES vs Multitude Bank p.l.c
- Plazo ES vs Multitude
- 1822direkt vs Qonto ES
- Plazo ES vs Fiesta Credito
- Plazo ES vs Fiesta Credito MX
- Plazo ES vs Lendela
- Plazo ES vs BriteCap Financial
- Plazo ES vs Kredivo
- Plazo ES vs Moneyveo UA
- Plazo ES vs TF Bank
- Plazo ES vs Upgrade
- 1822direkt vs Rahalaitos
- 1822direkt vs Smava
- 1822direkt vs Zonky
- 1822direkt vs SOS Credit