BAWAG vs Deutsche Bank

The advertised rate is 3.25% to 13.48%, and it is fixed rather than variable, as fixed pricing confirms. The fixed rate model means the monthly payment stays the same across the term. A representative example shows a net loan repaid over a fixed period with a fixed nominal rate a year and a monthly instalment that does not change.

Loan amounts run €3,000 to €80,000, well above the €556.48 typical for personal loans on this site, so the lender suits bigger jobs such as a car, a kitchen or several balances rolled into a single payment. Term options run 12 to 120, and a hard credit check applies at application.

Yes, a hard credit check is part of the application, marked as hard. A hard check means the search is recorded and visible to other lenders, so applying to several providers close together can hurt future offers. 76.5% of personal loan lenders here work this way, so it is a market norm rather than a mark against this one.

Funding follows Within a few days after document review and approval. In practice the wait starts only after your documents have been reviewed and the loan approved, so the slowest part is paperwork and the credit decision rather than the transfer. Anyone who needs same-day cash should look elsewhere, since approval comes first.