Updated September 28, 2026 · BorrowCue Editorial Team
CHECK24 vs Sofkredit
Where CHECK24 and Sofkredit differ
| Compare |  CHECK24 |  Sofkredit |
|---|---|---|
| APR | 0.68% to 19.92%Lower | 10.74% to 18.06% |
| Loan amount | €500 to €150,000 | €12,000 to €300,000Higher |
| Term | 12 to 240 months | 6 to 240 months |
| Arrangement fee | 0 EUR | 6% to 9% of the loan; on a 15,000 EUR mortgage-guaranteed loan the commission is 900 EUR minimum and 1,350 EUR maximum, charged by the collaborating lender; Sofkredit's own service costs the user nothing |
| Funding time | as little as 3 minutes at some banks, same day | 15-20 days after approval; same day as the notary signing, about one week if documentation is sent quickly |
| Representative example | Ratenkredit: net loan amount 20,000 EUR, 7 years (84 months), 5.39% effective annual rate, 5.26% fixed nominal rate p.a., monthly instalment 285.14 EUR, total amount 23,951.75 EUR, Openbank Deutschland AG (BestCredit) | a 15,000 EUR loan at 9% interest over 5 years returns a total of 21,750 EUR |
| Loan types | Personal, Debt consolidation | Secured, Debt consolidation, Business |
| Rate type | Fixed | Not confirmed |
| Free early repayment | Yes | Not confirmed |
| Eligibility | Not confirmed | Natural or legal persons of legal age (+18) with Spanish nationality or residence, holder of a bank account; for mortgage-guaranteed loans a property must be owned, free of charges or with at least 70% of the mortgage repaid |
| Origination fee (%) | Not confirmed | 6% to 9% |
| Credit needed | Not confirmed | Poor |
Same on both: Credit check (Soft prequal), Lender type (Broker), Use cases (Home improvement).
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Key differences
- CHECK24 scores higher overall: 9.1 vs 8.6.
- Sofkredit is licensed in 1 more country.
- APR is lower at CHECK24: 0.68% to 19.92% vs 10.74% to 18.06%.
- Loan amount is higher at Sofkredit: €12,000 to €300,000 vs €500 to €150,000.
- Support channels: only CHECK24 offers Chat.
- Loan types: only CHECK24 offers Personal.
- Loan types: only Sofkredit offers Secured, Business.
Our verdict on each
CHECK24
CHECK24 suits German borrowers who would rather a broker shop fixed-rate loans for them. Personal loans and debt consolidation run 0.68% to 19.92%, with an origination fee of 0 EUR and terms of 12 to 240, while the home finance listings show an initial rate of 3.43%.
Sofkredit
Sofkredit suits Spanish borrowers who want property backed finance and can wait for a notary appointment. The headline cost is an arrangement fee of 6% to 9% of the loan, while Sofkredit's own service adds nothing beyond it.
Score breakdown
| Area | CHECK24 | Sofkredit |
|---|---|---|
| Cost | 9.5Higher | 8.5 |
| Offer | 9.3Personal loan rates run 0.68% to 19.92% and some banks fund the same day, but a partner bank sets the final rate. | 9.3Ranges cover €12,000 to €300,000, 6 to 240 and 10.74% to 18.06%, with home equity and remortgage and home improvement on the same application. |
| Trust | 8.7Higher | 8.3 |
Availability and regulation
| Country | CHECK24 | Sofkredit |
|---|---|---|
| Germany | IHK fuer Muenchen und Oberbayern D-W-155-8YX4-05 | Not confirmed |
| Italy | Not confirmed | |
| Spain | Not confirmed | Banco de Espana E020 |
Available in 1 country for both. Additional countries for CHECK24: 2. Additional countries for Sofkredit: 2.
Side by side, item by item
| Loan types | CHECK24 | Sofkredit |
|---|---|---|
| Personal | Yes | No |
| Debt consolidation | Yes | Yes |
| Secured | No | Yes |
| Business | No | Yes |
| Use cases | CHECK24 | Sofkredit |
|---|---|---|
| Home improvement | Yes | Yes |
How they place
| Ranking | CHECK24 | Sofkredit |
|---|---|---|
| Debt consolidation loans | 35 of 425 | 2 of 425 |
| Mortgages | 11 of 719 | 1 of 719 |
| Remortgage deals | 10 of 351 | 1 of 351 |
| Home improvement loans | 41 of 562 | 2 of 562 |
Every fact side by side
| Fact | CHECK24 | Sofkredit |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Same day funding | Same day funding |
| Legal entity | CHECK24 Vergleichsportal Finanzen GmbH | Kova Finance, S.L. |
| Headquarters | Germany | Spain |
| Founded | 1999 | Not confirmed |
| Support channels | Phone, Email, Chat, Help centreCovers more | Email, Phone, Help centre |
Mortgages
| Fact | CHECK24 | Sofkredit |
|---|---|---|
| Initial rate | 3.43%Lower | 8% to 14% |
| APRC | 3.5%Lower | 10.74% to 18.06% |
| Fixed period | 10 years | 0.5 to 20 yearsHigher |
| Maximum loan to value | 66%Higher | 30% |
| Product fee | Not confirmed | €900 to €1,350 |
| Purpose | Purchase, Remortgage | Home equity, Remortgage |
Where each stands against the rest
| Fact | CHECK24 | Sofkredit | Median |
|---|---|---|---|
| APR | 0.68% to 19.92%lowest quarter | 10.74% to 18.06%above the median | 8.99 |
| Loan amount | €500 to €150,000highest quarter | €12,000 to €300,000highest quarter | €40,000 |
| Term | 12 to 240 monthshighest quarter | 6 to 240 monthshighest quarter | 60 |
| Origination fee (%) | Not confirmed | 6% to 9%highest quarter | 0.25 |
Median across 1005 listed lenders.
Pros and cons
CHECK24
Pros
- Origination fee of 0 EUR on personal loans, so an indicative quote does not cost you anything.
- Amounts run €500 to €150,000 with terms of 12 to 240, so a small bill and a larger project can both be spread.
- A soft prequalification check, soft prequal, shows indicative rates before any full credit check.
Cons
- The credit check listed is a soft prequalification, soft prequal, so a full check can still follow and the bank sets the final rate.
- Loan types stop at personal and debt consolidation and the maximum loan to value is 66%, so borrowers with little equity have less room on the home finance side.
- As a broker, broker, the offer comes from a partner bank, so the rate you end up with is that bank's rather than the site's.
Sofkredit
Pros
- Sofkredit's own service costs nothing, so the only charge to weigh is the lender's arrangement fee of 6% to 9%.
- The loan range €12,000 to €300,000 and the term range 6 to 240 suit both renovation projects and debt consolidation.
- Eligibility leans towards weaker files, with the credit needed listed as poor, and the credit check is soft prequal.
Cons
- The arrangement fee of 6% to 9% is a large share of the loan, and the product fee on a small mortgage guaranteed loan runs €900 to €1,350.
- Maximum loan to value is 30%, well below the 90% across listed lenders, so equity of your own is required.
- Sofkredit is a broker, so the contract sits with the collaborating lender rather than the site you apply through.
Who each suits
CHECK24
Who it suits
- German borrowers who would rather a broker compare personal loans and debt consolidation loans than apply bank by bank.
- Anyone planning a purchase or remortgage, since the home finance listings show an initial rate of 3.43% and a fixed period of 10.
- Home improvement borrowers, since home improvement is the listed use case, home improvement.
Who should look elsewhere
- Monzo Flex, if you want one provider from first quote to final, since its rates run 10% to 23% with no broker in the middle.
- Cashspace, whose listed rates are PHP 12 to PHP 36 and sit in a different market from German fixed-rate loans.
- Cashspace ES, which shows a rate of 0% rather than the German range of 0.68% to 19.92%.
Sofkredit
Who it suits
- Spanish residents and nationals who own a property that is free of charges or has most of its mortgage repaid
- Borrowers consolidating several debts into one payment, since debt consolidation is among the secured, debt consolidation and business
- Homeowners funding renovation work, as home improvement is the main listed use case
Who should look elsewhere
- Anyone who needs money the same week without a notary appointment, against the stated funding time
- Borrowers who want to borrow more than a low share of their property's value, given the 30% cap
- Small lenders wanting a quick online application rather than the documentation and notary steps this route involves
Current offers
CHECK24
Current offer
Bonus
Trikot-Deal bis 01.10. sichern: free jersey plus up to 400 EUR Smily cashback
on successful conclusion of a loan with selected banks by 01.10.; cashback depends on Smily level and loan amount
Source, checked September 26, 2026
Country by country
| Country | CHECK24 | Sofkredit |
|---|---|---|
| Austria | Yes | No |
| France | No | Yes |
| Germany | Yes | No |
| Italy | No | Yes |
| Spain | Yes | Yes |
Questions about each
CHECK24
What does it cost to take a loan through CHECK24?+
On personal loans the origination fee is 0 EUR, and the rates quoted by partner banks run 0.68% to 19.92%, a wide spread because each bank prices risk differently. Instalment loans sit on a fixed rate, fixed, so the monthly figure holds for the term. Read the representative example before you sign.
Will applying damage my credit file?+
The credit check listed is a soft prequalification, soft prequal, which shows indicative rates before you commit to anything. A full check can still be required by the bank that makes the final offer, so treat the first figures as a guide rather than a deal.
Sofkredit
What does Sofkredit charge to arrange a loan?+
The arrangement fee runs 6% to 9% of the loan and is charged by the collaborating lender. On a small mortgage guaranteed loan the commission falls within €900 to €1,350. Sofkredit's own service costs the borrower nothing beyond that lender charge.
How much can I borrow and for how long?+
Loan amounts run €12,000 to €300,000 and terms run 6 to 240, so the range is wide enough for a renovation or a debt consolidation. Terms and amounts are set by the collaborating lender rather than by the site you apply through.
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