A loan for tuning covers such costs that car owners make to their cars. However, motorists should remember that financing a loan via a loan for tuning is already a luxury.
Borrowers should therefore not exceed their financial flexibility. Especially not when just Tuning parts or other cosmetic repairs could also be saved.
Loan for tuning – what is a tuning?
Not only for the purchase of a car is often required a loan, many vehicle owners want to impress their car with special tires or cosmetic repairs a personal stamp. This requires a loan for a tuning.
Loan for tuning – finance professional set-up
With a tuning not only the driving characteristics but also the performance of the car can be improved. Legislators have defined what is allowed for a tuning.
There are structural or electronic changes, as well as an improvement in engine performance. Also, acoustic or optical design fall under the image tuning.
However, if certain parts have an impact on traffic safety, then no changes may be made. A tuning is not necessarily ostentation, which operates the vehicle owner.
A sensible tuning can visually upgrade a car, which increases the value of the car. An accomplished tuner even makes a hobby public and also participates in competitions.
What is the right credit for a tuning?
Some time ago, tuners still had to ask politely for their house bank and hope that a bank employee would understand his hobby. Today, the house bank is no longer needed.
You can submit a loan application to one of the many online banks. The currently prevailing interest rate low therefore also brings with it a favorable credit.
The customer can start a credit comparison and compare the different lenders. For this, the loan amount and the desired term are entered in the comparison.
The borrower sees immediately what is coming to him monthly load. However, customers will only find out the applicable interest rate for a personal loan offer.
Mostly the interest rate is calculated according to the credit rating. If the credit rate displayed is too high, the term can be extended.
This reduces the amount of the credit installment.
Choose the right loan – loan for tuning
A credit comparison provided by Smava indicates many partner banks. Thus, the loan seeker can receive a tailored loan.
The providers are listed, and by interest rate. The credit comparison of Smava is non-binding and free and also shows only reputable lenders.
Customers should not only pay attention to the interest rate, but also whether the loan allows special repayments. If someone can expect special payments in the year, which he could deposit on the loan, then he can do this with allowed special repayments.
However, these must be noted in the loan agreement. One or two installment breaks should also receive the loan agreement.
Credit Requirements – loan for tuning
Every lender will comprehensively check the creditworthiness of a customer. Since the income is on the test, that should be so high that even a loan installment can be paid.
The income should also be above the attachment exemption limit. That would be with a single borrower net 1150 euros.
Almost as important as the income is the clean private credit.When there are negative entries in the private credit, a loan is often rejected.
A burdened private credit indicates that there have already been payments in the past. The borrower must also demonstrate a permanent employment, it may not be limited.
Which loan documents are necessary – loan for tuning?
The creditworthiness of the borrower checks the bank on the basis of salary statements and bank statements from the last three months. Some banks also prefer a copy of the employment contract.
If the customer applies for an online loan, he must bring the necessary documents by post. He then carries out the Postident procedure prescribed by law at Swiss Post.
If the borrower can provide so-called loan collateral, then these documents should also be enclosed. This can be a property or a lenderable insurance.
Credit Loan as a Loan for Tuning?
There are some bank customers who fall back on a rather small amount of credit on their credit line – Dispo. If a customer regularly receives incoming income, the bank often provides up to three net salaries.
The loan is not only the most expensive loan but also the fastest loan. This way, a financial shortage can be remedied in the short term.
As the overdraft rates are very high and some banks charge up to 15%, they should be cleared as soon as possible. Anyone who does not and always uses it, can get into a debt spiral, which ultimately can only absorb a installment loan.
Bad private credit – the loan for tuning
Customers with negative entries in their private credit almost always receive a credit rejection from regular banks. For those who urgently need money, there are the private credit-free loans that come from abroad.
Here is primarily a bank to call, namely the Soulcredit bank, which provides a private credit-free loan. However, high demands are placed on the borrower.
The income is above the attachment exemption limit. Even a permanent job is a condition of this loan.
For example, if you would like to have a loan over 5000 euros, you must prove that you have an income of 1600 euros net. The permanent employment must exist for 36 months.
Unemployed or recipients of social benefits, as well as self-employed people do not receive this private credit-free loan. The bank relies on workers and civil servants with a secure job.
Loan for tuning – Conclusion:
Who wants to edit his car “stylish” and does not have the necessary financial resources, can take a installment loan. However, he has to prove the necessary creditworthiness.
Also, he should set up a revenue / expenditure plan before applying for the loan and thus determine how high the monthly burden may be. In any case, there must be a surplus from which the loan installment can then be paid.
Who has a bad private credit, can also hire a reputable credit intermediary. In no case should he pay pre-payments or sign any insurance contracts.
Also, home visits, if not desired, should be stopped at the loan for tuning.