Updated September 29, 2026 · BorrowCue Editorial Team
Kredivo vs TF Bank
Where Kredivo and TF Bank differ
| Compare |  Kredivo |  TF Bank |
|---|---|---|
| APR | 0% to 41.51%Lower | 17.58% |
| Loan amount | IDR 1,000,000 to IDR 50,000,000 | up to €15,000 |
| Term | 1 to 24 months | up to 120 monthsHigher |
| Arrangement fee | 0 for 1-month and 3/6/9/12/18/24-month installment tenors; 6% of the loan on KrediFazz cash loans | 0 EUR |
| Credit check | Hard | Soft prequal |
| Funding time | Application in 5 minutes, account decision within 1x24 hours | within 1 business day |
| Representative example | IDR 4,000,000 over 12 months at 1.99% per month: IDR 412,950 per month, IDR 4,955,400 total | Loan 5300 EUR, fixed rate 16.30% p.a., APR 17.58%, term 80 months, 80 x 109.05 EUR, total 8724.00 EUR |
| Eligibility | Indonesian citizens aged 18 to 60, domiciled in Indonesia, minimum monthly income IDR 3,000,000 | 18+, German residence, regular income |
| Loan types | BNPL, Personal, Credit line | Personal, Debt consolidation |
| Free early repayment | Not confirmed | No |
| Use cases | Not confirmed | Home improvement |
Same on both: Rate type (Fixed), Lender type (Direct lender), Origination fee (%) (0%).
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Key differences
- TF Bank is available in 1 more country.
- APR is lower at Kredivo: 0% to 41.51% vs 17.58%.
- Term is higher at TF Bank: up to 120 months vs 1 to 24 months.
- Support channels: only Kredivo offers Chat.
- Features: only Kredivo offers Same day funding.
- Loan types: only Kredivo offers BNPL, Credit line.
- Loan types: only TF Bank offers Debt consolidation.
Our verdict on each
Kredivo
Kredivo suits Indonesian adults who want small, fixed-rate instalments or a credit line they can draw on. It lends directly, with a 0% arrangement fee on its installment plans, and decisions come back fast enough to hold the money for same-day spending.
TF Bank
TF Bank suits borrowers in Germany seeking a fixed rate personal or debt consolidation loan with clear monthly payments for home improvement plans. APR sits at 17.58% with funding in within 1 business day and amounts of up to €15,000 over terms of up to 120 through a direct lender setup.
Score breakdown
| Area | Kredivo | TF Bank |
|---|---|---|
| Cost | 9.7HigherArrangement fee is 0% on the installment plans, and the rate type is fixed, so instalment costs do not drift. | 8.8Pricing centres on APR of 17.58% with fixed rate structure |
| Offer | 8.7 | 9.5HigherCovers borrowing for personal and debt consolidation with home improvement use |
| Trust | 9.2 | 9.5HigherOperates as direct lender with long operating history |
Pick Kredivo if, pick TF Bank if
Pick Kredivo if cost and apr matter most.
Pick TF Bank if offer, trust, and term matter most.
From lowest to highest
| Fact | Kredivo | TF Bank |
|---|---|---|
| Term | 1 to 24 months | up to 120 months |
How they place
| Ranking | Kredivo | TF Bank |
|---|---|---|
| Personal loans | 84 of 1932 | 87 of 1932 |
| Lines of credit | 12 of 328 | 14 of 328 |
Every fact side by side
| Fact | Kredivo | TF Bank |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Same day funding, Credit lineCovers more | Credit line |
| Legal entity | PT Kredivo Finance Indonesia | Avarda Bank AB |
| Headquarters | Indonesia | Sweden |
| Founded | Not confirmed | 1987 |
| Support channels | Phone, Email, Chat, Help centreCovers more | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Kredivo | TF Bank | Median |
|---|---|---|---|
| APR | 0% to 41.51%lowest quarter | 17.58%above the median | 8.99 |
| Term | 1 to 24 monthslowest quarter | up to 120 monthshighest quarter | 60 |
| Origination fee (%) | 0%below the median | 0%below the median | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Kredivo
Pros
- No arrangement fee on installment plans, at 0%
- Fixed rates at fixed, so monthly payments do not drift
- Repayment terms run 1 to 24, so short and long plans both work
Cons
- Applications use a hard credit check (hard)
- APR runs as high as 0% to 41.51% at the top of the range
- KrediFazz cash loans add an arrangement fee on top of interest, unlike the installment plans
TF Bank
Pros
- Fixed pricing through fixed and fixed rate for predictable monthly budgeting
- Free arrangement with fees of 0 EUR alongside 0%
- Pre check via soft prequal with funding in within 1 business day
Cons
- Free early repayment is answered no, so settling the balance early may carry a charge
- APR of 17.58% sits higher than 12.74% to 13.01% for price sensitive borrowers
- Eligibility tied to German residence and regular income in 18+, German residence, regular income
Who each suits
Kredivo
Who it suits
- Adults in Indonesia with a steady monthly income who can meet the eligibility rules
- Shoppers splitting purchases into instalments through the app
- Borrowers who want an app-drawn credit line as well as a one-off loan
Who should look elsewhere
- Anyone outside Indonesia, since eligibility is limited to Indonesian citizens domiciled there
- Monzo Flex, for borrowers who prefer a lower-rate personal loan over an instalment app
- Cashspace, for anyone wanting a single credit decision against a stated APR range
TF Bank
Who it suits
- Borrowers planning home improvement using home improvement with fixed payments
- Borrowers consolidating balances using personal and debt consolidation via a direct lender
- Borrowers valuing phone and email help through email, phone and help centre
Who should look elsewhere
- Borrowers planning early repayment may prefer Ibancar Prestamos as free early repayment is answered no here
- Borrowers seeking lower APR cover may prefer Ibancar Prestamos given 12.74% to 13.01% against 17.58%
Current offers
Kredivo
Current offer
Discount code
Triple 0: 0% installments for 12 months on iPhone 15, iPhone 16 and Macbook, plus 2 months free: 0% installment interest, 0% admin fee, 0% down payment, 2 months free; 6% admin fee per transaction on the 2-months-free part
Stated promo period runs until December 2025; valid at Erafone, iBox, Digimap, Digiplus, Blibli Store and Hello; one voucher per user; min. transaction IDR 500,000; late payment adds 2 installments plus interest and late fees
Source, checked September 26, 2026
Country by country
| Country | Kredivo | TF Bank |
|---|---|---|
| Austria | No | Yes |
| Germany | No | Yes |
| Indonesia | Yes | No |
Questions about each
Kredivo
What does Kredivo cost to borrow?+
The arrangement fee on the installment plans is 0%, and interest is charged at 0% to 41.51% on a fixed rate, so the monthly payment holds steady across the term. KrediFazz cash loans charge an arrangement fee on top of that interest.
How long can I borrow for?+
Terms run 1 to 24, so a plan can be as short as a single month or stretch across a longer repayment period. The longer the term, the more you pay in interest overall, so the shortest workable term costs least in total.
TF Bank
What does a TF Bank loan cost in APR and fees?+
TF Bank charges APR of 17.58% on a fixed rate basis under fixed. Arrangement fees are 0 EUR with a rate of 0%. The published Representative example outlines total repayable with fixed monthly instalments over a long term.
How much can be borrowed and over what term?+
TF Bank lends amounts of up to €15,000 with terms of up to 120. The structure follows fixed rate with fixed pricing. Monthly payments stay predictable across the agreed term, which helps budgeting for larger home improvement or consolidation plans.
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