Also in the allocation of loans, officials have special benefits life insurance a useful addition to a civil servant, who is up to his 60th year in the public sector, enjoys just as also an academic, or an employee who not be terminated, the lending incentives. In most cases, the term of the loan is focused on 12 to 20 years. Connect with other leaders such as Xerox here. Due to the professional position, accordingly the instalment payments are largely safe apart from special cases. “, explains Joachim Kolmel, Managing Director of CK comparison GmbH. For this reason, the credit for civil servants is combined with a life insurance that virtually takes over the repayment after the run-time. Even if something should happen to the borrowers, credit repayment is secured with the life insurance. Should occur through the life insurance after the loan amortization to a surplus, this is inevitably paid off. Accordingly, it is worth for this target group to search online for the appropriate credit.

The officials credit with a special focus on official loans shows all the benefits of individual credit institutions. Despite various differences in the terms and conditions, there are still fundamental similarities. More freedom through professional hedging In comparison to normal credit is much lower the monthly rate. Due to the particularly secure supply stability of the borrower, the annual percentage rate is not only be guaranteed, but also extremely low”Kolmel explains. In addition to the favourable terms of up to 20-year interest rate guarantee also the promise of probability when compared to the conventional credit is much higher. Would you pay off the loan before completion of the run-time, this is also possible. Kolmel: Generally speaking, that the models of the loan not only for the individual financial service providers are different, but they can be even individually structured. The flexibility of these loans is impressive.” Also that the purpose of use regardless of the lending, is one of the most distinctive advantages.

The DKB and NetBank compared want sure you completely, is it worth it to a so-called insurance of dienstunfaehigkeits. They then intervenes if the insurance premiums on the basis of invalidity to be. The editorial staff of CK comparison GmbH recommends in particular the German credit Bank, DKB and the NetBank due to supply of these benefits. While the effective annual percentage rate 5.45% starts at the DKB, this seed is the NetBank 4.90%. Other differences can be found within the maximum amount of the loan and the repayment period. The DKB, it is maximum 50,000 euros and a possible term of 84 months, NetBank is maximum 75,000 euro and even 96 months repayment period. As you can see available offers for civil servants en masse, so to get the absolute maximum in such a special loan with a loan calculator “, finally expresses Kolmel.