Updated October 14, 2026 · BorrowCue Editorial Team
Multitude vs TF Bank
What sets them apart
| Compare |  Multitude |  TF Bank |
|---|---|---|
| APR | 30.31% to 57.26% | 17.58%Lower |
| Loan amount | SEK 10,000 to SEK 50,000 | up to €15,000 |
| Term | 12 months | up to 120 monthsHigher |
| Arrangement fee | 565 SEK | 0 EUR |
| Credit check | Hard | Soft prequal |
| Funding time | Within one bank day of approval | within 1 business day |
| Representative example | Ferratum Credit: 23 000 SEK over 12 monthly instalments, effective rate 37.68%, total to repay 27 013,83 SEK, setup fee 565 SEK and account fee 59 SEK per month | Loan 5300 EUR, fixed rate 16.30% p.a., APR 17.58%, term 80 months, 80 x 109.05 EUR, total 8724.00 EUR |
| Rate type | Variable | Fixed |
| Eligibility | Swedish personal identity number and a Swedish bank account, with income and expenses declared in the online application | 18+, German residence, regular income |
| Loan types | Credit line, Personal | Personal, Debt consolidation |
| Free early repayment | Not confirmed | No |
| Origination fee (%) | Not confirmed | 0% |
Same on both: Lender type (Direct lender), Use cases (Home improvement).
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Key differences
- TF Bank scores higher overall: 9.3 vs 8.8.
- Founded is lower at TF Bank: 1987 vs 2005.
- Multitude is available in 11 more countries.
- APR is lower at TF Bank: 17.58% vs 30.31% to 57.26%.
- Term is higher at TF Bank: up to 120 months vs 12 months.
- Support channels: only Multitude offers Chat.
- Support channels: only TF Bank offers Email, Phone.
- Features: only Multitude offers Same day funding.
- Loan types: only Multitude offers Credit line.
- Loan types: only TF Bank offers Debt consolidation.
Our verdict on each
Multitude
Multitude is a listed European fintech group whose homepage describes consumer banking through Ferratum, SME banking through CapitalBox and wholesale banking through Multitude Bank. The parent site is not itself a single retail loan offer. Country and product terms need to be checked with the relevant operating business.
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 | Multitude | TF Bank |
|---|---|---|
| Cost | 8.3 | 8.8HigherPricing centres on APR of 17.58% with fixed rate structure |
| Offer | 9.0 | 9.5HigherCovers borrowing for personal and debt consolidation with home improvement use |
| Trust | 9.1 | 9.5HigherOperates as direct lender with long operating history |
Where each is licensed and available
| Country | Multitude | TF Bank |
|---|---|---|
| Malta | Not confirmed | |
| Sweden | Not confirmed |
Available in 1 country for both. Additional countries for Multitude: 12. Additional countries for TF Bank: 1.
If neither fits
Sofkredit has term at 6 to 240 months, against 12 months for Multitude and up to 120 months for TF Bank.
Sofkredit reviewHow they place
| Ranking | Multitude | TF Bank |
|---|---|---|
| Personal loans | 30 of 1920 | 87 of 1920 |
| Lines of credit | 5 of 328 | 14 of 328 |
| Home improvement loans | 13 of 562 | 38 of 562 |
Every fact side by side
| Fact | Multitude | TF Bank |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Credit line, Same day fundingCovers more | Credit line |
| Legal entity | Multitude Bank p.l.c. | Avarda Bank AB |
| Headquarters | Malta | Sweden |
| Founded | 2005 | 1987Lower |
| Support channels | Chat, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Multitude | TF Bank | Median |
|---|---|---|---|
| APR | 30.31% to 57.26%highest quarter | 17.58%above the median | 8.99 |
| Term | 12 monthslowest quarter | up to 120 monthshighest quarter | 60 months |
| Origination fee (%) | Not confirmed | 0%below the median | 0.25% |
Median across 1144 listed lenders.
Pros and cons
Multitude
Pros
- The site distinguishes three business units and provides separate contact routes.
- The parent company positions itself as a digital financial services group.
Cons
- The captured material does not describe specific consumer credit terms or country level eligibility.
- Licensing and product terms for one subsidiary cannot be inferred from the parent overview.
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
Multitude
Who it suits
- People trying to identify which Multitude business unit offers a particular service.
Who should look elsewhere
- Borrowers seeking a direct rate or loan comparison from the group homepage.
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%
Country by country
| Country | Multitude | TF Bank |
|---|---|---|
| Austria | No | Yes |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Czechia | Yes | No |
| Denmark | Yes | No |
| Estonia | Yes | No |
| Finland | Yes | No |
| Latvia | Yes | No |
8 of 14 countries where either is available.
Questions about each
Multitude
Which businesses does Multitude list?+
The parent site lists Ferratum for consumer banking, CapitalBox for SME banking and Multitude Bank for wholesale banking.
Does this page give consumer loan rates?+
No. The captured parent pages do not provide product specific rates or repayment terms.
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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