Deutsche Bank review

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.

Yes, free early repayment applies on this product. Most lenders in this group offer the same, with 79.5% of them charging nothing to settle early. Combined with a fixed rate, that makes it easier to clear the balance ahead of schedule and cut the interest you would otherwise pay.

Applicants must be an adult, non-self-employed, have a regular income, hold a positive credit rating and live in Germany. The self-employed exclusion is the tightest condition, and the credit rating requirement rules out borrowers building a file from scratch. Anyone without a steady salary from employment will be turned down.

Yes. The bank operates as Deutsche Bank AG, headquartered in Germany, under BaFin as the German financial supervisor, with the European Central Bank and IHK Frankfurt am Main also appearing in its permissions. It is a direct lender, listed as direct lender, so you borrow from the bank itself rather than through a broker.

Support runs on email, phone and help centre only, so a written query goes by email. A phone line is the fastest route for anything about a payment or an application in progress, while the help centre suits general questions about the loan and its terms.